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FACTORY LAYOFFS
Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
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...
US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...
A Himalayan Adventure: The selfish act of trekkingIndia's budget now includes funds for tourism development. This marks a shift in how the country views its mountains. Nepal has a well-orga...
US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
This Gujarat couple turns factory waste into affordable construction bricks that stay cooler in summer and absorb pollutionIn Gujarat, a startup named Co2ncrete is tackling India's housing shortage and industrial waste by building prefabricated homes from factor...
‘She helped build the AI that replaced her’: Viral Meta layoff post sparks fear over future of white-collar jobsMeta layoffs: Meta's recent 8,000 job cuts coincide with a significant shift of over 7,000 employees to AI roles. A viral post alleges empl...
India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...
CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
Mass layoffs at Goldman Sachs? President John Waldron says "digital agents will be our robots, human assembly lines to be more digitized"Goldman Sachs is integrating generative AI 'robots' to automate tasks, aiming to boost productivity and cut costs without mass layoffs. Pre...
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...
Nissan to cut 10% Europe jobs, 900 roles at risk as global restructuring and Sunderland factory changes beginNissan is planning big job cuts in Europe as part of a global plan. The company wants to save money and improve its business. Changes are a...
UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
Chinese firm shuts Gwadar plant in Pakistan, lays off workers amid lossesA Chinese firm has ceased operations in Gwadar citing business difficulties. This development raises concerns ahead of Prime Minister Shehb...
Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...