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IT SERVICES LAYOFFS
Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.04 Jun, 2026, 06.16 PM IST- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...04 Jun, 2026, 08.10 AM IST
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...01 Jun, 2026, 10.07 PM IST
- India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...01 Jun, 2026, 12.10 PM IST
- Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....30 May, 2026, 11.00 PM IST
- Trump federal employee layoffs: Why are hundreds of fired government workers still unemployed one year after mass probationary firings?More than 300 fired federal employees across 43 states say the 2025 Trump administration layoffs still haunt their lives. Many remain unemp...28 May, 2026, 09.12 PM IST
- Meta lays off nearly 1,400 Washington employees in latest tech workforce cut: Check worst-hit departments, severance package and moreMeta is set to lay off nearly 1,400 employees across Washington state, including Seattle, Bellevue, and Redmond, starting July 22, 2026. Th...28 May, 2026, 09.17 AM IST
- GCCs switching to smart workflows as AI gobbles up procedural grunt workIndustry experts said AI is shrinking junior-level workflows, reducing standalone procedural functions and pushing multinational companies ...27 May, 2026, 06.00 AM IST
- Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...26 May, 2026, 07.10 PM IST
- Quote of the Day by Mark Zuckerberg amid Meta layoffs: “People don’t care about what you say, they care about what you build”Meta layoffs: Mark Zuckerberg's quote, "People don't care about what you say, they care about what you build," gains prominence amidst Meta...23 May, 2026, 06.25 PM IST
- Problems disappeared when I let them go: Bolt’s Ryan Breslow explains why he laid off his entire HR teamBolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to re...22 May, 2026, 05.28 PM IST
- Destiny 2 ends its live-service era: Here's what this mean for players as Bungie confirms final major updateBungie has announced the end of Destiny 2's active development, canceling all future expansions and moving the game to maintenance mode aft...21 May, 2026, 11.59 PM IST
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.20 May, 2026, 08.03 PM IST
- Intuit to cut 17% of global jobs to streamline operations, memo showsIntuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial int...20 May, 2026, 06.47 PM IST
- Meta Layoffs 2026: Why Zuckerberg's AI bet is eliminating 7,900 jobs — and what it means for every tech workerMeta layoffs 2026 hit Silicon Valley hard as nearly 10% workforce reduction begins at Meta Platforms amid rising AI restructuring and cost ...20 May, 2026, 05.45 PM IST
- Sacked H-1B staff asked to do more B-2 paperworkTech giants such as Amazon, Oracle, and Meta have laid off thousands of employees in the past few months, and a large number of the affecte...20 May, 2026, 08.29 AM IST
- Over $150,000 income, safety from layoffs: This one profession could be one of the safest jobs as AI anxiety risesAs layoffs continue across major tech companies investing heavily in AI, one profession is seeing the exact opposite trend. Elevator mechan...19 May, 2026, 12.03 AM IST
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