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COMPANY ACQUISITION LAYOFFS
United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
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...
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
He was laid off despite meeting targets and forced to fight for severance package; 13 months later, his former CEO came asking for a favourIT layoff: A former mid-sized IT company director says his ex-CEO contacted him over a year after his layoff, seeking help with a multi-fac...
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...
Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....
Roblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signalsRoblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signals. Roblox shares ...
Remember Twitter's CEO fired by Elon Musk? Parag Agrawal just built a $2 billion empire from scratchFormer Twitter CEO Parag Agrawal's new company, Parallel Web Systems, has secured $100 million in funding. This investment values the start...
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...
Meta stock price, earnings and capital spending forecast: Meta revenue, layoffs, workforce changes, China deal setback, future outlook and investor concernsMeta stock price, earnings and capital spending forecast stayed in focus after Meta raised its capital spending outlook and reported strong...
Meta lifts capital expenditure forecast, doubling down on AI pushMeta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down...
Why Employees Sometimes Sense Their Role Is Being Cut Before It HappensEmployees may sense job insecurity through shifting duties and reduced visibility. Experts note these signs can signal restructuring or cos...
US stocks: Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery's shareholders approved an $81 billion sale of the company to Skydance-owned Paramount on Thursday, propelling a meg...
Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros Discovery shareholders are set to vote Thursday on the company's proposed $81 billion sale to Skydance-owned Paramount, in a me...
Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery shareholders are voting on a massive $81 billion deal to be acquired by Skydance-owned Paramount. This mega-merger c...
She survived 4 layoffs, jokes about adding ‘layoff’ as a skill on resume. Her comeback story inspires thousandsJennifer Walter, a corporate talent acquisition manager, has gone viral after sharing how she faced four layoffs across different phases of...
ASML layoffs: the king of advanced chip-making machines cuts 1,700 jobs in major shake-up—but is China ready to lure them all and forge its own ASML empire?ASML layoffs hit global headlines after the chip giant confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand. The ...
Zoho layoffs: Sridhar Vembu's firm laid off 300 employees without prior warning? Here's all about the social media buzzZoho layoff: There's a growing buzz on social media that Sridhar Vembu's company Zoho laid off 300 freshers without a prior warning. The bu...
CEO tells employees ‘Don’t Leave,’ then forces mass resignations. What happened?A Reddit user shares concerns after his wife's company was acquired and employees were asked to resign unexpectedly despite reassurances. T...
Twitter lays off 30% of recruiting team: reportThe decision comes as Twitter faces mounting business challenges and a potential Elon Musk takeover.