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IT JOB LAYOFF
Parents 'took away food' from son's plate after he got laid off: 22-year-old says losing Rs 95,000-a-month job revealed their true faces to himA 22-year-old IT professional was earning Rs 95,000 a month before losing his job just six months into his career. But his struggle to find...- Employee has $15,000 in savings but wants to leave a toxic job without another offer. Is it wise to quit? Internet users offer adviceWith $15,000 saved to cover ten months of expenses, an employee is still tempted to leave a micromanaging boss behind. But quitting without...
- Netflix plans to cut about 5% of its workforce as early as next week, report saysNetflix is preparing to lay off approximately 5% of its workforce, with an announcement imminent next week. The decision follows previous l...
- Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
- Starbucks plans to permanently close five Washington coffeehouses and cut eight jobs at its Seattle headquartersStarbucks plans to permanently close five coffeehouses in Washington and eliminate eight positions at its Seattle headquarters, as per stat...
- Jeff Bezos says AI could bring a 3 day work week, so why is Amazon cutting jobs?The Amazon founder believes rising productivity could make shorter workweeks possible. Some people may eventually earn enough to support th...
- US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
- India’s AI rules take shape; TCS profit jumps 15%The government is set to release a consultation paper on AI regulations within a month. This and more in today’s ETtech Top 5.
- US weekly jobless claims fall as layoffs remain lowClaims have held near 57-year lows for four straight weeks, consistent with what economists said remained a "low-hire, low-fire" labor mark...
- Amazon layoffs hit during Prime Big Deal Days while Bezos says AI could bring 3-day workweeks and US may beat China to moon by 2028Amazon layoffs: Amazon is cutting fewer than 1,000 white-collar jobs during Prime Big Deal Days, mainly across its Stores division. At the ...
- Amazon India layoffs: Pink slips handed to employees across retail, customer service functionsThe layoffs came to light a day after Amazon's biggest flagship sale event in the country, Great Indian Festival, opened on October 7.
- Amazon makes fresh job cuts, mainly in retail divisionAmazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-c...
- Amazon makes fresh job cuts, mainly in retail divisionAmazon has confirmed recent job cuts affecting employees in its Stores unit during a major sales event. The layoffs are part of a series of...
- With JSW by its side, Volkswagen to put India expansion plans on the fast trackVolkswagen Group is preparing a broad overhaul of its India strategy after its proposed alliance with JSW Group, covering sourcing, product...
- Norway's biggest bank DNB to lay off around 400 staff amid AI-driven changes"AI is changing the way we work and how we deliver services to our customers", the lender's CEO Kjerstin Braathen said in a statement, addi...
- More layoff pain: Nike, airBaltic and Microsoft's Hellblade studio announce major job cutsNike is planning to implement further job cuts as part of its restructuring programme, which began in March. Meanwhile, developers at Hellb...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- Techie says he was laid off on his birthday while working across multiple projects, netizens reactA Mumbai-based full-stack software engineer has shared how he was laid off on his birthday after five years in the industry and while contr...
- Disney Layoffs: Why is Disney cutting hundreds of jobs again under CEO Josh D’Amaro amidst future plans?Disney is undergoing significant staff reductions as newly appointed CEO Josh D’Amaro announces layoffs affecting hundreds of workers. Most...
- Techie claims he met delivery partner laid off from IT sector on the day he joined new job, says conversation ‘broke him’A software professional shared an emotional account of meeting a delivery partner who was once employed in the IT sector. The man, a 2024 c...
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