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GLOBAL NATIONAL LAYOFFS
Corus layoffs: Canada’s Global News, Global BC and News 640 hit by fresh job cuts just five months after C$500M debt-restructuring bid as broadcaster faces mounting financial pressureCorus layoffs global news: Corus Entertainment has confirmed a fresh round of layoffs across its Canadian television and radio operations. ...- Cure worse than H-1B 'malaise'New H-1B fees and stricter wage requirements are increasing employer costs. A wage-weighted selection system now favors higher-paid applica...
- Shein finds there's no place like China after Vietnam warehouse experiment disappointsU.S. exemptions for duties on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Tru...
- IT industry not creating new jobs, funds diverted to AI, data centre costs: Sridhar VembuIn a post on social media platform X, Vembu noted that while the IT industry, including Zoho, has avoided large-scale layoffs, it has faile...
- AI, data centre costs are slowing IT hiring, Zoho Founder Sridhar VembuZoho Corporation's founder notes IT job growth is slowing significantly. Funds are now diverted to rising artificial intelligence and data ...
- 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...
- 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.
- Disney layoffs: Hundreds of jobs cut across ESPN, Pixar, other unitsWalt Disney Company has initiated significant workforce reductions across its various business units. Corporate teams, ESPN, and film studi...
- Indian professionals are turning to EB-5 as decades-long green card waits make H-1Bs untenableThe US EB-5 Immigrant Investor Program is increasingly being used by Indian professionals trapped in decades-long employment-based green ca...
- 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 ...
- Fed officials divided on US inflation views; US home prices hit all-time highThe International Monetary Fund predicts a modest global economic growth of three percent for this year. In the United States, home prices ...
- IMF growth downgrade, Fed split and oil fears dominate week in global economyThe International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-...
- NASA satellite study finds Earth's mangrove forests are making an unexpected comeback after decades of decline. But scientists warn the good news may not last foreverGlobal mangrove forests have shown a net increase between 2000 and 2020 due to restoration efforts and conservation policies. These vital c...
- For one small business, AI was key to a quick start and expansionThe rapid emergence and spread of AI has become a defining feature of the U.S. economy, of prime interest to Federal Reserve officials tr...
- Claude Fable 5, Mythos banned: Indian techie shares Indian jugaads one can use to bypass restrictions to access AI toolsNew US restrictions on advanced AI models from Anthropic have caused a stir in India. Indian tech enthusiasts are sharing 'jugaad' solution...
- Layoff wave hits: Full list of companies cutting jobs this week—are you affected?Companies laying off employees this week: A new wave of layoffs is impacting thousands of US workers this week as numerous companies announ...
- ASML layoffs: the king of advanced chip-making machines cuts 1,700 jobs in major shake-up—but is China ready to lure them all and forge its own ASML empire?ASML layoffs hit global headlines after the chip giant confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand. The ...
- Trump administration lays off dozens of disease detectives and scientistsDozens of CDC employees, including top scientists, “disease detectives,” and the entire Washington office, were notified Friday that they w...
- Relevance of STEM courses increasing amid tech layoffsOver 380 tech companies laid off more than 100,000 employees in early 2023, with potential for further downsizing. The layoffs highlighted ...
- Layoff season continues as 219 tech firms sack over 68,000 employees in JanuaryThe layoff season continued to hit the tech world in 2023 with some big names like Microsoft and Google joining the list. More than 3,400 t...
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