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SOFTBANK LAYOFFS
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...- 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.
- Intel earnings signal recovery at US chip makerIntel's shares surged after exceeding earnings expectations, signaling a potential recovery. Despite a reported loss, revenue increased, an...
- Tech layoffs: India once again in the crosshairs, with 1 in 3 laid off by Oracle based hereThousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...
- H-1B selection rate rises; VC IPO windfall in 2025There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.
- Even after strongest quarterly performance since June 2021, SoftBank to layoff 20% of its Vision Fund teamSoftBank Vision Fund layoffs 2025: SoftBank Group is reducing its Vision Fund workforce by 20%. This decision comes after the fund reported...
- SoftBank scraps AI chips tie-up plan with Intel: reportSoftBank has blamed Intel for the collapse of the talks, claiming Intel was incapable of meeting its demands for volume and speed, the repo...
- 2023 Year in review: how layoffs hit technology and startup workersWith the year drawing to a close, ETtech looks at startups and tech companies— global and domestic—which laid off employees to cut costs am...
- SoftBank’s Vision Fund to start job cuts as soon as this weekAbout 13% of the Vision Fund staff will be affected, one person said. The headcount reduction will mostly occur in the US, another person s...
- SoftBank prepares new round of layoffs at Vision FundThe layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...
- SoftBank's Arm China lays off workers as outlook grimThe layoffs come as SoftBank tries to set up a public listing for Arm this year.
- Sandhya Devanathan is Meta India’s new head; Amazon begins mass layoffsMeta appointed Sandhya Devanathan as its India head on Thursday, a week after WhatsApp India chief Abhijit Bose left the technology firm, c...
- SoftBank cuts about 150 staff globallyNotices are going out to employees on Thursday and will affect around 30% of employees across the two businesses, the person said, declinin...
- Finfluencers face new reality; Rajeev Misra steps back at SoftBankNow it looks like the party is over for these 'finfluencers', who tell us their income has fallen 30-40% from last year as startups slash t...
- SoftBank-backed ride-hailing firm Grab set to announce layoffsThe ride-hailing industry has been battered by the pandemic, with firms from Uber, Lyft in the United States to India's Ola cutting jobs an...
- Oyo notifies employees about layoffs via emailsLayoffs in Delhi and Jaipur were communicated to the staff on Monday, while in Gurgaon employees were notified on Tuesday.
- Oyo likely to lay off 2,000 people by January endDivisions like sales, supply and operations will account for a chunk of the layoffs, sources said.
- IT sector layoffs: Routine trimming over hyped, says Ravi Shankar PrasadMy ministry is proactively in touch with India IT CEOs to evaluate layoff situation," Ravi Shankar Prasad told ET Now in an exclusive inter...
- Softbank appoints Kabir Mishra to Snapdeal boardThe decision comes in the wake of Snapdeal hoping to hit profitability in the next two years as it undertakes a number of steps, including ...
- Housing.com to lay off another 200 employees this month to meet tightened cost targetsThe move by the real estate website comes three months after the company fired 600 employees to step up focus on its core technology and pr...
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