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1.17 MILLION LAYOFFS
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- Ubisoft counts cost of restructuring with record annual lossFrench games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial ...
- H-1B selection rate rises; VC IPO windfall in 2025There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.
- Why are Amazon, Intel, Microsoft and 17 others cutting 165,000 jobs now? A massive structural shift is hitting the U.S. corporate workforce in 2026A massive structural shift is hitting the 2026 job market. Amazon, Intel, and Microsoft have joined 17 other giants to cut over 165,000 rol...
- Got laid off or fearing job loss? These hacks helped a sacked employee get hired in 6 weeksHow to get a job after layoff: A professional found a new job with better pay just six weeks after being laid off. This success came amid a...
- 1.2 million Americans laid off in 2025 as job cuts hit highest level since the COVID-19 pandemic — Is AI now a major factor in U.S. job cuts?US layoffs 2025: More than 1.17 million Americans lost their jobs in 2025. Cuts surged 54% from last year. November alone saw 71,321 layoff...
- Layoff tsunami hits US as 71,000 jobs slashed in November: 2025 becomes first 1.1 million+ cut year since PandemicUS layoffs surged again in November, with employers announcing 71,321 job cuts, according to new data from Challenger, Gray & Christmas. Th...
- Bitcoin price holds steady at $110,000: Key levels and market trends to watch in NovemberBitcoin BTC price today: Bitcoin remains stable near $110,000. Traders are observing key price levels for direction. Rising open interest a...
- Indian IT giants ride US jobs boom, hire more and more techiesUS tech hiring surge boosts Indian IT firms like TCS, Infosys, HCL. Job openings in tech positions increase, with cities like New York, Was...
- Wells Fargo Q4 Results: Profit beats estimates; bank warns of lower interest income in 2024Rising borrowing costs have benefited banks that charged borrowers more on interest, but with market participants expecting rate cuts by th...
- Goldman may part-convert Pharmeasy debt to equity; P2P lenders look to diversify partnershipsGoldman Sachs is likely to convert some of its loan to online pharmacy PharmEasy into equity. Buoyed by binding commitments from existing i...
- Binny Bansal cashes out of Flipkart, Walmart stake hits nearly 80%; Dealshare CEO steps downSachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. N...
- Alphabet’s Q1 topline, bottomline beat Street; $70 billion share buyback announcedThe tech giant’s net income dropped 9% to $15.05 billion in the quarter under review from $16.44 billion in the year-ago period. Operating ...
- Stripe continues to cut valuation, now valued at $55 billion down from $63 billion: reportThis is at least the third time since June that the payments startup has cut its internal valuation. Stripe had cut the internal value of i...
- Coinbase to cut 1,100 jobs amid turmoil in crypto marketsThe layoffs come a day after Bitcoin fell as much as 14% after major U.S. cryptocurrency lending company Celsius Network froze withdrawals ...
- Fall in Vodafone Idea subscriber numbers worries promotersThe falling numbers have prompted discussions among promoters on the future of the telco, even if it were allowed by the Supreme Court to p...
- Wall Street gets PayPal lift as Nasdaq wipes out 2020 declinesEnergy, financials and materials, which have lagged this year, led the way among S&P 500 sectors, while consumer staples lagged the most.
- Dow Jones rallies as job losses stir talk of more stimulusThe CBOE volatility index fell 5 points on Thursday, but was still near levels far above those in 2018 and 2019.
- Six lakh jobs losses in India in four monthsMore than 6,00,000 Indians, many employed in the gems and jewellery sector, lost jobs in just four months from October 2008 as the impact o...
- HP profits lower, to cut nearly 6,400 workersHewlett-Packard reports 17% fall in quarterly net profit and plans to layoff nearly 6,400 workers, over the next year.
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