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LAYOFFS DUE TO AI
US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
- 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 ...
- Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
- India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...
- Jeff Bezos rejects AI-induced job-loss fears, says the technology will ‘elevate’ workersAmazon founder Jeff Bezos dismissed AI job loss fears, predicting it will instead create labour shortages and boost worker productivity. He...
- 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 ...
- Inside India’s biggest banking and financial services tech hubsStandard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office ...
- Gen Z and AI: As AI takes centre stage, youth stand in disapprovalYoung people express growing anger and anxiety about artificial intelligence. AI is reshaping industries and impacting jobs globally. Tech ...
- The AI blindspot: Layoffs are piling up, but where are the returns?Companies are cutting jobs to fund AI, but this strategy may not work. A global survey shows that reducing staff does not guarantee better ...
- Microsoft AI chief says human office jobs could be replaced in 18 months. Are you at risk?Microsoft's AI chief, Mustafa Suleyman has sounded an alarm that many white-collar jobs, including accounting, legal, marketing, and projec...
- As Oracle revokes offer made to many IIT, NIT students, IIT Kharagpur techie has an advice for engineering students: 'Do offer shopping'Engineering graduates from premier institutes are facing the shock of revoked job offers post-placement season. These sudden withdrawals, a...
- Uttar Pradesh Rain News: Yellow alert in Ghaziabad, Noida; more rainfall likely in Lucknow, Kanpur as 104 killed due to thunderstorms, strong windsRain in Uttar Pradesh: Uttar Pradesh braces for more heavy rainfall, thunderstorms, and strong winds as the IMD issues orange alerts for Lu...
- Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
- Cloudflare's slowing growth disappoints investors betting on AI boostCloudflare shares dropped significantly after its revenue forecast missed investor expectations. The company is also reducing staff by 20%,...
- US jobless claims increase less than expected amid low layoffsAmerica's job market shows resilience. New unemployment claims saw a small increase last week. Layoffs remain low, providing stability. Job...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Grocery delivery startup Apna Mart culls 10% of staff, moves base to GurugramApna Mart, an online grocery service, has reduced its workforce by 10%. This move is a result of integrating artificial intelligence into o...
- Coinbase cuts 14% of staff: Is AI the real reason behind the layoffs?Coinbase is slashing approximately 700 jobs, around 14% of its global staff, as part of a major restructuring. This move aims to cut costs ...
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