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JUNE LAYOFFS
Microsoft shares fall over 1% after company announces to layoff 4,800Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the dee...- Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
- AI is creating a 'Darwinian moment' for employees: Palo Alto CEO Nikesh AroraPalo Alto Networks CEO Nikesh Arora declared a 'Darwinian moment' for businesses, stating 90% of employees lack AI proficiency. His remarks...
- Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.
- Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
- S&P 500, Dow Jones and Nasdaq close the first half of 2026 higher as chip stocks lead Wall Street: Here's why the US stock market ended June strongS&P 500, Dow Jones and Nasdaq today June 30: US markets concluded the first half of 2026 on a high note, with the S&P 500, Dow Jones, and N...
- US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
- Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...
- 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.
- No vacancy at home: Worsening job market greets H-1B returneesIndian tech professionals returning from the US, including H-1B visa holders, face a challenging job market back home. Layoffs at major US ...
- Laid off from a corporate job, how a woman used her savings to turn an abandoned store into a $24,000 dream festivalA Southern California events producer, Lauren Tetef, transformed a layoff into an opportunity, investing her savings to launch the Open Hou...
- 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...
- FIFA World Cup 2026: Germany suffer major blow as Schlotterbeck ruled out of WC due to ankle injuryGermany have been dealt a significant blow ahead of the FIFA World Cup knockout stages after defender Nico Schlotterbeck was ruled out of t...
- Big Four firms' India operations shine amid global slumpIndia's Big Four accounting firms have achieved remarkable growth, outperforming global peers in fiscal year 2026. PwC and Deloitte reporte...
- Neeraj Chopra at Doha Diamond League: When and where to watch javelin star’s season opener todayOlympic champion Neeraj Chopra makes his highly anticipated return to competition at the Doha Diamond League on Friday, June 19, 2026, afte...
- US stocks: US market advances as Iran deal optimism offsets hawkish Fed; Intel soarsWall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optimism surrounding a potential Middle...
- US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
- Laid off at age 44. Many fears. How a 4-word advice from his 5-year-old daughter helped corporate professional to start all over againA 44-year-old professional, Himanshu Jha, celebrated his first layoff anniversary, viewing it as a catalyst for entrepreneurship. He founde...
- Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
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