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CHINA MASS LAYOFF
Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockadeIran faces severe economic hardship due to war and US sanctions. Prices for essentials like food and medicine have surged. Job losses and b...13 May, 2026, 09.46 AM IST- Gen Z conspiracy: China thinks the West is pushing its youth to quitIn a cultural shift, many young Chinese individuals are opting for 'lying flat'—a lifestyle choice that rejects pressures of constant work ...08 May, 2026, 06.16 AM IST
- China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...20 Apr, 2026, 04.41 PM IST
- Target's first major layoff in a decade: Incoming CEO Michael Fiddelke explains why company is firing 1,800 employees in internal memoTarget is cutting 1,800 corporate jobs, including 1,000 layoffs and 800 closed roles, to address stagnant sales and streamline operations. ...24 Oct, 2025, 08.41 AM IST
- In a first, judge slams Lake’s team, blocks over 500 Voice of America firings in scathing rulingA federal judge halted mass layoffs at Voice of America. The court criticized officials for ignoring legal duties and congressional orders....30 Sep, 2025, 08.02 PM IST
- After Microsoft and Intel, now Cisco to layoff staff in its Bay Area office - here are the departments affectedCisco layoffs 2025: Cisco Systems, following Microsoft and Intel, will lay off 221 employees in its Bay Area offices in October 2025, accor...23 Aug, 2025, 04.41 PM IST
- US job growth slows marginally in April; unemployment rate steady at 4.2%America's job growth faced a slight slowdown in April. Donald Trump's tariff policies increased economic uncertainty. The labor market show...02 May, 2025, 06.23 PM IST
- Honor misses India call yet again as operations stalled for six monthsHonorTech, the licensee of Chinese smartphone brand Honor, is facing significant hurdles in India, including stalled operations and mass la...12 Apr, 2025, 09.07 AM IST
- The Hidden Hand: How a Chinese spy network is targeting former US officials laid off by Musk and TrumpA network of companies linked to a Chinese tech firm has been attempting to recruit recently laid-off U.S. government employees. This campa...25 Mar, 2025, 10.23 PM IST
- Tech layoffs in 2024: Apple, IBM, Intel and Microsoft announce job cutsLayoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers o...29 Aug, 2024, 10.38 AM IST
- Mass layoffs at PwC after exodus of clients in ChinaPricewaterhouseCoopers LLP is reducing staff in China due to declining revenue prospects and client exodus. Over 100 employees across Beiji...10 Jul, 2024, 01.33 PM IST
- Tesla to lay off over 6,000 employees in Texas, California, notices showTesla plans 6,020 job cuts in Texas & California, 12% at Austin gigafactory. Musk to address falling demand & $25,000 car cancellation due ...24 Apr, 2024, 08.13 AM IST
- Great resignation was a fraud; not sure about a great layoff trend either! Digitisation super cycle just started: Manish Sabharwal, Teamlease"My sense is that domestic consumption right now and IT are the two engines. So sales, customer service and logistics are where we see the ...21 Dec, 2022, 11.52 AM IST
- Employees sue Twitter as bloodbath looms; Udaan sacks another 1,000Elon Musk’s Twitter, as expected, has begun the process of sacking about half of its 7,500 workers by cutting access to their laptops, emai...04 Nov, 2022, 07.17 PM IST
- Ecommerce firm Shopee tells sacked employees to pay for computersIn recent weeks, Southeast Asia's largest ecommerce firm has cut jobs in various countries and shut down some overseas operations. Shopee's...30 Sep, 2022, 07.27 PM IST
- European shares tumble as more coronavirus damage revealedThe pan-European STOXX 600 index was down 2.4 per cent, after ending Tuesday with its worst quarter in 18 years.01 Apr, 2020, 12.48 PM IST
- China plans to cut 500,000 jobs this year in smokestack sectorsThat’s part of an effort to trim 1.8 million employees in steel and coal over a few years. About 726,000 jobs were cut from those industrie...01 Mar, 2017, 07.29 PM IST
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