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Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
US jobless aid filings fall to 189,000 despite economic headwinds and war in IranUS jobless claims dropped significantly last week, falling below 200,000. This occurred despite ongoing economic challenges, including the ...
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.
TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...
US jobless claims fall last week as layoffs remain low despite global economic uncertaintyJobless claims in the U.S. have decreased, staying within recent years' levels. This comes as the Iran conflict creates global economic wor...
Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job loss...
Moving up the value chain proves costly as tech majors and GCCs slash jobsGlobal layoffs are intensifying across large tech firms and global capability centres in India, as companies like Oracle, Cisco, Amazon and...
US filings for jobless aid jump to 219,00 last week but remain within stable range of past few yearsU.S. applications for unemployment benefits rose last week before Iran, Israel and the U.S. announced a two-week ceasefire deal that inject...
Rupee slide boosts IT; Gupshup’s valuation markdownThe rupee’s sharp slide could give IT firms a surprise Q4 bump. This and more in today’s ETtech Top 5.
Amazon layoffs: robotics team hit in latest cutsThe division axed on Tuesday is responsible for designing robots and other conveyances for automation, primarily in warehouses. Starting wi...
Amazon job cuts 2026: Etailer to start cutting thousands of corporate roles in coming daysLayoffs at Amazon: This comes soon after Amazon trimmed about 14,000 white-collar positions in October as part of a broader restructuring e...
Amazon plans second round of 30,000 corporate job cuts next week, sources sayAmazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers. The company ...
Amazon's Wondery podcast unit trims jobsAmazon most recently cut jobs among its communications staff last month in an effort to reduce costs and what CEO Andy Jassy has called an ...
Amazon's senior employees may not get a cash pay raise this yearSome of these top employees' compensation, however, will meaningfully exceed that of last year due to growth in the e-commerce giant's stoc...
Amazon begins mass layoffs among its corporate workforceOn Tuesday, the company notified regional authorities in California that it would lay off about 260 workers at various facilities that empl...