More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
28 Jul, 2026, 07.48 AM IST
Krutrim trims staff again, this time by another halfThe fresh job cuts come just months after ET reported on May 6 that the Bhavish Aggarwal-led startup had abandoned much of its original ful...
28 Jul, 2026, 06.01 AM IST
Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
26 Jul, 2026, 10.25 AM IST
Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
23 Jul, 2026, 08.06 PM IST
AI will not trigger employment collapse, staffing company Adecco Group saysAI will transform work by changing roles and tasks, not eliminating jobs. Employment rates remain high and unemployment is near historic lo...
23 Jul, 2026, 10.17 AM IST
Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
23 Jul, 2026, 09.49 AM IST
Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
23 Jul, 2026, 09.24 AM IST
Amazon cuts jobs in its artificial general intelligence groupArtificial general intelligence is a hypothetical AI system that surpasses human intelligence and can learn, grow and operate autonomousl...
22 Jul, 2026, 11.16 PM IST
Meta employees' lawsuit shows that if AI fires you, proving it is the hard partA Meta Platforms lawsuit claims AI tools unfairly targeted employees for layoffs. Workers face difficulties proving AI discrimination due t...
22 Jul, 2026, 05.12 PM IST
Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
20 Jul, 2026, 05.05 PM IST
Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
19 Jul, 2026, 10.08 AM IST
US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...
17 Jul, 2026, 11.08 PM IST
Meta used AI to target workers with medical conditions for layoffsTwenty-six former Meta employees filed a lawsuit alleging AI-driven layoffs discriminated against disabled workers. The suit claims the com...
15 Jul, 2026, 02.36 PM IST
Meta employees sue, alleging AI-driven layoff picks hit workers on medical, parental leaveMeta faces a lawsuit from twenty-six employees alleging AI selection for layoffs. These workers claim the company's systems unfairly target...
15 Jul, 2026, 02.18 PM IST
BRICS trade union delegates call for worker-centric AI policies, stronger social dialogueTrade union representatives attending the BRICS Trade Union Forum in Hyderabad have called for artificial intelligence (AI) to be deployed ...
15 Jul, 2026, 10.30 AM IST
120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
09 Jul, 2026, 06.02 PM IST
35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
09 Jul, 2026, 10.54 AM IST