Meta Platforms (NASDAQ:META) has reduced the volume of IT services outsourced to Wipro Ltd (NYSE:WIT) by at least 25% after an artificial intelligence-driven reorganisation that resulted in the closure of its digital marketing division, according to a report from Mint. Wipro’s Revenue from Meta Expected to DeclineThe report, citing two people familiar with the matter, said Wipro now expects to generate approximately $75 million in annual revenue from Meta after the technology giant decided to br

Teleperformance SE (TLPFF) reports a stable EBITA margin and strong free cash flow despite a 1.7% like-for-like revenue decline, driven by AI efficiency programs and growth in data services.

(Bloomberg) -- AI’s decimation of call center jobs has begun.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapCitadel Securities Sees Warsh Delivering Surprise Fed Rate HikeChip Rout Deepens on Circular Funding, China Competition FearsCompanies ranging from the Commonwealth Bank of Australia and Microsoft Corp. to Uber Technologies Inc. and Hyatt Ho

As the pan-European STOXX Europe 600 Index recently experienced a decline, with defensive sectors like utilities and telecoms outperforming amid geopolitical tensions, investors are increasingly looking for stability in dividend stocks. In this environment, a good dividend stock is often characterized by its ability to provide consistent income and resilience against market volatility, making it an attractive option for those seeking reliable returns amidst economic uncertainties.

Amidst ongoing geopolitical tensions and fluctuating energy prices, the European stock market has shown resilience, with the pan-European STOXX Europe 600 Index seeing modest gains. In this uncertain environment, dividend stocks can offer a potential source of income stability; they are often favored for their ability to provide consistent returns even when market conditions are volatile.

Why Teleperformance Is On Investors’ Radar Today Teleperformance (ENXTPA:TEP) is back in focus after recent share price swings, with the stock showing mixed short term moves and longer term declines that have many investors reassessing the group’s €10,209m revenue and €497m net income profile. See our latest analysis for Teleperformance. Recent moves tell a mixed story, with a 1 day share price return of 5.95% and 7 day return of 6.37% contrasting with a year to date share price decline of...

Teleperformance SE (TLPFF) reports over EUR10 billion in net revenue and announces strategic portfolio review and AI-driven growth plans.