Cost cutting, AI lead to surge in planned US layoffs in OctoberLayoffs announced by US employers surged in October as companies sought to cut costs and embrace artificial intelligence, marking the highe...
06 Nov, 2025, 06.02 PM IST
Google layoffs 2025: Tech titan offers buyouts to U.S. employees—are layoffs next?Google is offering voluntary buyouts to employees in the U.S. across various divisions like Knowledge and Information, central engineering,...
11 Jun, 2025, 06.23 PM IST
After warning mid-level IT engineers that AI was going to do their work, now Mark Zuckerberg's Meta plans to layoff 5% of its workforceMeta has suddenly arrived at a rather unusual proposition of laying 5% of its most inefficient or underperforming workforce in the coming d...
15 Jan, 2025, 06.28 PM IST
Microsoft, The Washington Post, BlackRock: Full list of major US companies laying off staff in the new yearWhile the US economy recovers from the shock of the coronavirus pandemic, experts have warned that not everyone will have job security in 2...
10 Jan, 2025, 05.01 PM IST
US applications for jobless claims fall to 201,000, lowest level in nearly a yearUS jobless benefit applications dropped to 201,000 for the week ending January 4, the lowest since February last year. The four-week averag...
08 Jan, 2025, 08.05 PM IST
US planned layoffs drop again in October, recruitment firm Challenger saysFirms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September. Year-to-date announced staff reductions of 66...
31 Oct, 2024, 05.16 PM IST
RBI's draft rules on fintech SRO; Pixxel unveils mega facilityThe main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly even in the absence of formal r...
15 Jan, 2024, 07.49 PM IST
28,000 and counting: That’s the 2023 layoff data from startup landStartups have been the worst hit this year since the highs of aggressive hiring from 2021, data from Longhouse Consulting shared exclusivel...
19 Dec, 2023, 05.14 PM IST
LinkedIn begins layoffs after Microsoft cuts jobs in Surface, Xbox, and HoloLensThis comes amid Microsoft's reported announcement of job cuts in its hardware divisions including HoloLens, Surface and Xbox teams.
15 Feb, 2023, 12.21 PM IST
Microsoft lays off 150 cloud sales specialists: reportThe latest round impacted about 150 employees from a team responsible of convincing medium-size companies to adopt cloud services such as A...
15 Feb, 2023, 11.15 AM IST
Startups fired 6,000 in October-December 2022, 4,000 in January 2023 aloneWith investors tightening their purse strings because of the volatility in the global economy, many unicorns and startups such as Byju’s, S...
08 Feb, 2023, 08.15 AM IST
Dell to lay off 6,650 employees, cut 5% of global workforce: reportDell will lay off about 5% of its workforce as the company is experiencing market conditions that "continue to erode with an uncertain futu...
07 Feb, 2023, 06.57 PM IST
Microsoft to lay off 10,000 employees, cut 5% of global workforceThe layoffs will result in a charge of $1.2 billion in the second quarter of fiscal 2023, representing a negative impact of 12 cents on per...
18 Jan, 2023, 08.19 PM IST
Meta now 'rescinds' full-time job offers amid recession fearsAs layoffs deepen in New Year, Meta (formerly Facebook) has reportedly rescinded full-time employment offers to some people, which is a fir...
10 Jan, 2023, 06.50 PM IST
Most fired tech workers landing new jobs in three months: reportIn some cheer for those who have lost jobs in the ongoing funding winter and global macro-economic conditions, most laid-off tech employees...
29 Dec, 2022, 09.18 PM IST
Employers optimistic about hiring in 2023; four in 10 foresee up to a 20% increase in hiringEmployers feel that inflation (18% of employers) and ongoing layoffs (15% of employers) are things to be on the lookout for in 2023 respect...
22 Dec, 2022, 01.00 PM IST
2022 Year in Review | Tech firms embrace layoffs as recession fears buildAfter two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...
20 Dec, 2022, 07.50 PM IST