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AMERICAN COMPANIES LAYOFF NEWS
US plans changes to employment-based green card certification processThe US Department of Labour is set to modernize the PERM process for sponsoring foreign workers for green cards, a system unchanged since 2...
Too much riding on one AI stock? Why techies should diversify their RSUs before it's too lateWith tech employees holding up to 80% of their net worth in a single stock, advisers say not selling is a real danger.
Paul Pelosi hit-and-run case puts spotlight on his net worth: How much is Nancy Pelosi’s husband worth and how did he build his wealth?Paul Pelosi hit-and-run: Paul Pelosi, husband of former House Speaker Nancy Pelosi, was involved in a hit-and-run incident in Yountville, C...
He landed a job with 30% salary hike, then got the biggest shock of his life, just 3 months later: ' Around 15% of the company....'A marketing professional shared on Reddit how a 30% salary hike led to job loss just three months after relocating for a new role. Despite ...
On This Day in History, July 5: Amazon founded, Seinfeld premieres, Bikini debuts, Venezuela declares independence, Cape Verde gains freedomOn This Day in History, July 5 highlights pivotal moments that shaped politics, science, culture and global history. From Isaac Newton publ...
900 medical coding staff terminated abruptly at Kerala offices of US healthcare firm; government steps inHundreds of medical coders in Kochi and Kozhikode faced abrupt termination from a US-based healthcare firm, sparking outrage. Employees rep...
In Canada, there is a city where crows attack people every spring, and residents rely on a live map to avoid themVancouver residents are accustomed to an annual aerial assault from protective crows during nesting season, typically from April to July. T...
Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
Techie claiming to be Microsoft employee says he is about to be laid off, but is 'relieved': 'Watching good people...'A techie claiming to be a Microsoft employee, anticipating his job loss, found unexpected relief instead of distress. For months, he observ...
Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...
Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
'AI FOMO': Why this Google techie left the tech giant even after getting Rs 9.5 crore salaryA former Google account executive, Yousuf Imran, quit his high-paying job after earning nearly $1 million, citing fears of layoffs and the ...
Trump's tariffs aren't saving jobs at Whirlpool's Iowa refrigerator plantWhirlpool's drastic decision to cut over half its Iowa plant's workforce throws a wrench in President Trump's tariff strategy designed to b...
Trump's sons and the art of making millions from microcapsA $1 billion fund, American Ventures, backed by Donald Trump Jr. and Eric Trump, is generating substantial paper profits by investing in sm...
Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...
Xbox to raise console prices worldwide from AugustGroups representing automakers, retailers, electronics firms and others had warned earlier this month that the increasing demand for memo...
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...