Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
11 Jun, 2026, 10.11 PM IST
AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...
11 Jun, 2026, 09.56 PM IST
Volkswagen to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
11 Jun, 2026, 06.23 PM IST
Techies slept in office to meet deadlines. Then given 3 days of leave and sudden layoff of whole team. What happened on the last day?Junior ML engineers at an Indian tech company faced extreme burnout and excessive demands, including working around the clock. After a majo...
11 Jun, 2026, 03.12 PM IST
Opendoor fires all Indian employees, shuts India operationsUS real estate technology company Opendoor is winding down its India operations and relocating remaining roles to the US, affecting nearly ...
11 Jun, 2026, 12.32 PM IST
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.
11 Jun, 2026, 08.51 AM IST
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
10 Jun, 2026, 08.17 PM IST
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...
10 Jun, 2026, 10.47 AM IST
$10. 6 billion deal: GSK to buy US cancer specialist NuvalentBritish pharmaceutical giant GSK has announced a massive $10.6 billion deal to acquire Nuvalent. This Boston-based company specializes in c...
10 Jun, 2026, 01.06 AM IST
British Columbia Tragedy: Teen presumed dead after boat capsizing incident in Cariboo Region LakeA 17-year-old boy is feared drowned after a boat capsized on Stony Lake in B.C.'s Cariboo region. Three others reached shore safely, but th...
09 Jun, 2026, 04.04 PM IST
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
05 Jun, 2026, 07.01 PM IST
Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
05 Jun, 2026, 05.34 PM IST
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...
05 Jun, 2026, 12.15 AM IST
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
Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employeesUber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of ...
04 Jun, 2026, 01.50 AM IST
Employee asks if he was getting fired by someone he referred. Boss looked at him dead in the eye and lied — then this happenedA professional referral turned sour when an individual was laid off by a colleague they had recommended for a leadership role. Despite a di...
01 Jun, 2026, 11.25 PM IST
'Thought Amazon on my resume was enough': Ex-employee says he's still looking for job 8 months after layoff despite calls from Google, Uber, Agoda & American ExpressA former Amazon employee's struggle to find a new job nearly eight months after being laid off in 2025 has highlighted the challenges facin...
01 Jun, 2026, 04.11 PM IST