Nokia layoffs 2026: Company trims 20% global workforce; 14,000 employees impacted |ReportNokia layoffs: The job cuts will result in over 14,000 roles being affected globally and come amid broader restructuring at the mobile netw...
30 Mar, 2026, 03.37 PM IST
1.2 million Americans laid off in 2025 as job cuts hit highest level since the COVID-19 pandemic — Is AI now a major factor in U.S. job cuts?US layoffs 2025: More than 1.17 million Americans lost their jobs in 2025. Cuts surged 54% from last year. November alone saw 71,321 layoff...
05 Dec, 2025, 10.12 PM IST
Telefonica proposes laying off more than 5,000 workers in Spain, union saysTelefonica has proposed laying off 5,040 employees in Spain as part of a new cost-cutting strategy, impacting 41% of its Telefonica de Espa...
24 Nov, 2025, 08.15 PM IST
Nokia to sack 14,000 workers amid falling sales. Know its business strategyOnce the biggest manufacturer of mobile handsets, Nokia suffers from a slowing down of demand and falling sales. It has decided to cut the ...
19 Oct, 2023, 06.40 PM IST
Ticketing service provider Eventbrite to lay off 8% of workforce, relocate roles to India, SpainEventbrite joined a growing list of tech firms that have resorted to mass layoffs amid global economic downturn and recessionary fears. Eve...
01 Mar, 2023, 01.27 PM IST
Ericsson to lay off 8,500 employees, says memoOn Monday, the company, which employs more than 105,000 worldwide, announced plans to cut about 1,400 jobs in Sweden.
26 Feb, 2023, 12.27 PM IST
Global tech layoffs won't hit telecom projects: staffing companiesAlug said he expects the hiring of specialists and experienced professionals in the telecom sector to increase in the coming quarters, sinc...
16 Sep, 2022, 01.46 PM IST
Telecom to lose more jobs; on course to cull 90,000 moreSince last year the sector has already lost around 40,000 people and the next six-nine months may see the culling touching 80,000-90,000.
15 Jan, 2018, 06.48 PM IST
Telecom is reeling under mass layoffs. Casualties so far: 75,000 jobs & countingPlayers are shutting shop, shrinking operations and shedding flab in terms of both permanent and contract employees to run a tight ship.
15 Nov, 2017, 06.18 AM IST
Middle-level telecom employees should be the most worriedAccording to a staffing expert, most of the cuts will be in the tech & engineering side, which typically command salaries between Rs 40,000...
03 Nov, 2017, 06.35 PM IST
What if your company shuts down? How employees can survive sudden layoffs without tearsSuddenly, a large number of people start chasing a limited number of jobs. This not only brings down your bargaining power but can also mea...
25 Oct, 2017, 12.53 PM IST
Here's what could happen to the 5,000-odd staff of Tata Teleservices after the Bharti saleThough more than 4 crore TTSL customers will join Bharti Airtel, there is uncertainty over the fate of its 5,101 employees.
13 Oct, 2017, 01.18 PM IST
Tata Teleservices fires 500-600 employeesAs many as 500-600 employees have been impacted by the lay offs in sales and other related functions, two people familiar with the matter s...
02 May, 2017, 03.51 PM IST
Alcatel-Lucent, Nokia to operate separatelyIn India, Alcatel-Lucent will continue its focus on IP optics, software and fixed-line business as they will be complementary to its acquir...
24 Apr, 2015, 06.20 AM IST
Ericsson lays off 22 executives in India, to transfer another 100 to sister units to boost efficienciesThe Swedish vendor is also undertaking a major “people competence” mapping exercise in the country to weed out non-performers.
28 Feb, 2012, 01.53 PM IST
- ET in the classroom: The anatomy of layoffs
Several companies, banks and financial institutions across the world resorted to layoffs during the slowdown
09 Nov, 2011, 05.36 AM IST
- US employers announce a combined 20,000 jobs cuts
A round of more than 15,000 layoffs announced by AT&T Inc, DuPont and Viacom Inc suggests a yearlong wave of US job cuts is accelerating, j...
05 Dec, 2008, 09.18 AM IST