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AI DRIVEN LAYOFFS IN FINANCE INDUSTRY
General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...23 Jun, 2026, 08.03 PM IST- Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...23 Jun, 2026, 08.53 AM IST
- ArcelorMittal partners with AWS to automate global operationsSteel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's clo...22 Jun, 2026, 02.19 PM IST
- US Stock Market: Micron earnings to test strength of AI-fuelled Wall Street rallyThe U.S. stock market's AI-fueled rally faces a crucial test with Micron Technology's upcoming earnings report. Investors are keenly watchi...22 Jun, 2026, 09.40 AM IST
- AI startups fuel talent war as hiring surges across IndiaIndia's AI startups are experiencing a hiring surge, outpacing the broader tech sector as companies transition from AI experiments to large...22 Jun, 2026, 06.00 AM IST
- Collective Artists Network expands Galleri5 AI Studio with Agentic CanvasCollective Artists Network launches Agentic Canvas, an AI-native creative platform featuring 12 specialized agents that collaborate like a ...19 Jun, 2026, 03.35 PM IST
- GenAI could deliver up to 50% higher sales velocity and faster launches for India’s real estate sectorGenerative AI promises to revolutionize Indian real estate, boosting sales velocity by up to 50% and slashing project launch times by 30%. ...18 Jun, 2026, 04.13 PM IST
- Novyte, Chemvera partner to create pathway for AI-driven material discoveryThis collaboration leverages Novyte's AI engine for materials discovery and Chemvera's manufacturing expertise, creating an end-to-end Indi...18 Jun, 2026, 12.40 PM IST
- Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...17 Jun, 2026, 01.43 PM IST
- Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...15 Jun, 2026, 09.17 AM IST
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...15 Jun, 2026, 08.59 AM IST
- Mark Zuckerberg says Meta made 'mistakes' in AI workforce shiftMeta's chief Mark Zuckerberg admits the company made errors during its AI shift. He is investing heavily in artificial intelligence to resh...13 Jun, 2026, 07.12 AM IST
- Laid off from her dream tech job, woman says it was the best thing that happened to her. 'My hair stopped falling out'A woman who spent years trying to break into the tech industry says being laid off from her dream job ultimately helped her regain her heal...13 Jun, 2026, 12.14 AM IST
- Laid off by Amazon and Microsoft in 3 years, techie shares the golden rule for surviving AI-era job lossAfter being laid off by Amazon and Microsoft within three years, tech professional Dave Lewis was forced to rethink his career path in an i...12 Jun, 2026, 07.56 PM IST
- AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...11 Jun, 2026, 09.56 PM IST
- Anthropic urges US not to block state AI laws without setting federal standardsUS President Donald Trump has urged Congress to enact legislation that would supersede state rules on AI. Anthropic on Wednesday weighed ...11 Jun, 2026, 08.11 AM IST
- 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 5.10 Jun, 2026, 08.17 PM IST
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