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Job bloodbath! Mass layoffs hit America as 172,000 jobs vanish — is this shocking wave of Amazon and Meta cuts the first sign of a U.S. recession?Job bloodbath hits America. Over 172,000 layoffs in October 2025. Biggest cut since the pandemic. Amazon slashed 14,000 jobs. Meta dropped ...- Fintech Klarna to launch $40 per month mobile plan in USKlarna is set to launch an unlimited mobile plan in the US for $40 per month, utilizing Gigs' platform and AT&T's network. This move aligns...
- Listed new-age cos’ road to profitability; QED’s Nigel Morris interviewAfter a torrid time on Dalal Street, new-age firms have taken a turn towards profitability in the March quarter. This and more in today’s E...
- AI is not increasing productivity or leading to job losses, finds a studyA recent study indicates that AI's impact on employee pay and hours has been minimal, despite its rapid adoption. While some companies like...
- Company replaces 700 employees with AI, two years later, it's rehiring humans as AI falls shortKlarna, the buy-now-pay-later firm, will increase human hires after AI customer service fell short of expectations. Despite cost savings fr...
- SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffersNew venture capital investment concentrated in large established players over the quarter, while investment in earlier stage firms - such a...
- Startups rethink IPOs; US visa dilemma for studentsHappy Tuesday! The global market rout may push Indian startups to reconsider IPO plans. This and more in today’s ETtech Morning Dispatch.
- Ant, Alibaba plan for less intertwined future after China crackdownIn moves that would have been inconceivable two years ago, the affiliates have started to restrict access to each other's services, compete...
- Mobility startup Swvl to fire over 400 employeesSwvl has over 1,330 employees and laying off 32% of its workforce means that over 400 people will lose their jobs.
- Zomato wavers on 10-min food delivery; new VPN rules not for companiesThe company is reviewing its ambitious plan and may settle for longer delivery times.
- NCLAT to hear Amazon next week; Zomato’s Goyal invests in Park+Amazon will ask the National Company Law Appellate Tribunal (NCLAT) next Monday to stay the Competition Commission of India’s (CCI) order s...
- ETtech Deals Digest: Loadshare, Headout, Jar raise fundsLogistics platform Loadshare, online experiences marketplace for travellers Headout were among the startups that raised funding this week.
- Buy now, pay later loans may soon play bigger role in credit scoresThe credit-rating companies argue that reporting of on-time payments can help shoppers build a credit history. But consumer experts note th...
- Citrus co-founders turn super angelsSato, who started two companies in Japan and exited them, enquired how much they planned to invest in startups. Not more than 5%, they repl...
- Cash rules everything around Germany in world that's using cardsIndia and China are both driving hard toward a cashless future, for different reasons. But, none of these novel methods is widely accepted ...
- San Francisco-based payments company Stripe hires first India employeeSources privy to the development said that Anand Balaji, an ex-Amazon executive, has come on board Stripe and is currently mapping the Indi...
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