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TARGET LAYOFFS 2026
Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.- BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
- US Stock Market: Fed Vice Chair Jefferson backs current rate stance ahead of June meetingFederal Reserve Vice Chair Philip Jefferson said the current US monetary policy stance remains appropriate as policymakers assess persisten...
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
- Meta India cuts around dozen jobs; ad sales, marketing roles take a hitAccording to industry estimates, the company has about 400 employees, though it does not reveal country-specific workforce numbers. Meta re...
- Amazon layoffs 2026: Amazon fires another wave after 30,000 cuts — who is next, and why AI is replacing jobs faster than anyone warnedAmazon Layoffs Hit Selling Partner Services: The latest Amazon layoffs are tied directly to the company’s broader restructuring efforts. Ac...
- Walmart cuts 1,000 jobs amid AI push: Are even retail jobs not safe in the AI era? Walmart layoffs leave employees searching for answersWalmart layoffs: Walmart is cutting around 1,000 corporate jobs as part of a major restructuring. The layoffs are affecting teams in techno...
- 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, ...
- The US is tightening H-1B visas. Its economy may pay the priceA wave of legislative proposals in Washington targets the H-1B visa program and the broader immigration pipeline for skilled workers. Bills...
- ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
- Big Tech pours billions into AI while thousands pack their bagsBig Tech's March quarter 2026 earnings reveal a significant AI-driven transformation, with revenue up across the board. Companies are proje...
- US Stock Market | Meta ramps up AI spending amid regulatory heat and user concernsMeta Platforms has sharply increased its capital spending outlook, underscoring its aggressive push into artificial intelligence even as it...
- Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...
- Will the Federal Reserve cut rates? All eyes on today’s big decisionFed rate decision today: The Federal Reserve is set to announce its interest rate decision today. Economists predict rates will remain unch...
- FOMC meeting today: Jerome Powell speech, Fed interest rate decision, and what to expect from US Fed policy today as Powell faces his final chapterFOMC meeting today: Jerome Powell speech, Fed interest rate decision, and US Fed policy outlook. The FOMC meeting today comes with a clear ...
- Meta targets May 20 for first wave of layoffs; additional cuts later in 2026The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
- Target layoffs 2026 explained: Why are 500 jobs cut after new CEO’s leadership shake-up? Here's which roles and departments are affectedTarget layoffs 2026: Target is cutting 500 jobs as new CEO Michael Fiddelke reshapes the company. These layoffs aim to improve the in-store...
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