Akash receives the reins of Reliance Jio from Mukesh Ambani
Akash M. Ambani, a non-executive director and Mukesh Ambani’s son, has took charge of the board of directors of Reliance Jio Infocomm Ltd, RIL’s digital and telecom division, in a momentous succession for the Reliance Industries (RIL) empire.
Meta to reduce hiring of engineers by 30%
Meta Platforms Inc. has opted to hire fewer engineers than it had initially planned since it anticipates a recession. Meta will now hire only around 6,000 new engineers, which is 30% less than the 10,000 new engineers it had originally planned to hire.