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SAMSUNG INDIA JOB CUTS
Weak core show takes a big toll on Samsung India as net profit plunges 36% to ₹7,228 cr in FY26Samsung India reported a 36% drop in net profit driven by declining smartphone sales and increased costs. Revenue from operations experienc...- Apple trims Fitness+ team in second layoff in two monthsAmid concerns over job losses due to the rise of artificial intelligence and automation, Apple joins other tech companies in laying off wor...
- Auto retail sales rise 20% as GST cut boosts affordabilityAt Maruti Suzuki, passenger vehicle sales grew nearly 36% year-on-year between April and August 2026, with the entry-level segment surging ...
- Techie claims he met delivery partner laid off from IT sector on the day he joined new job, says conversation ‘broke him’A software professional shared an emotional account of meeting a delivery partner who was once employed in the IT sector. The man, a 2024 c...
- Samsung Galaxy S26 FE review: Good phone, tougher propositionThe Samsung Galaxy S26 FE offers a premium design, strong display, capable cameras, solid performance and long-term software support, but i...
- Microsoft announced 3,200 Xbox job cuts in July. Now, it may cut hundreds more this weekMicrosoft may fire hundreds of employees from its Xbox division this week. This was on top of the 3,200 job cuts the tech giant announced j...
- Samsung India profit falls 36 pc to 7,228 cr in FY26; revenue up 1.2 pcSamsung India Electronics’ profit fell 36% to Rs 7,228.1 crore in FY26 even as revenue from operations edged up 1.2% to about Rs 1.12 lakh ...
- Volkswagen workers demand action as German auto jobs face cutsIn a recent meeting, Volkswagen's employee representatives expressed the urgent need for management and policymakers to take decisive actio...
- India’s young consumers are giving Samsung’s AI appliance bet a big boostSamsung sees significant AI appliance growth in India, driven by younger consumers. Connected Samsung appliances in India saw a nearly nine...
- Porsche could face another 4,000 job cuts, Handelsblatt reportsVolkswagen's restructuring plan includes over four thousand job cuts at Porsche. This move addresses a significant overhead shortfall withi...
- Samsung Innovation Campus 2026 to train 2,000 Karnataka youth in AIThe programme, launched in partnership with Nrupathunga University, Bengaluru, was inaugurated in the presence of higher education minister...
- Karnataka woos investors at Semicon India; Euler Motors among firms in talksWith Samsung Electronics already operating research and development facilities in Karnataka and having a presence in the semiconductor sect...
- Adidas begins layoffs at India Tech Hub in Gurgaon, nearly 20% workforce affectedAdidas said less than 20% of employees in its India Technology organisation have been affected by layoffs at its Gurugram Tech Hub.
- AI in Indian homes: Samsung sees 30% growth in SmartThings users, makes Knox its security pitchSamsung sees significant growth in its Indian SmartThings user base. Consumers are increasingly adopting AI-enabled appliances for home man...
- Routine IT roles may feel the pinch as Oracle India workforce shrinks to 27,000The company has not publicly made any disclosures this month on job cuts until press time Tuesday. It slashed 21,000 jobs including about 1...
- Samsung's India public policy chief resigns, sources saySamsung India’s head of public affairs and ESG, Rajiv Aggarwal, has resigned after nearly four years at the company, with his last week cur...
- Crypto firm Bitcoin Suisse to cut up to half of jobs in SwitzerlandThe staff reductions are due to take effect after a consultation period lasting until September 20, the company said, confirming a report ...
- Too early to wave red flag over pink slipsIndia is witnessing a resurgence of job cuts in the multinational sector, particularly within the tech and electronics fields. However, the...
- AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
- Samsung India pays the price of costlier chips with a round of layoffsSamsung India is cutting its workforce in batches. This action stems from pressure on smartphone sales and profit margins. Memory chip pric...
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