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COMPANY RESTRUCTURING
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...- Instamart appoints Gautam Swaroop as CBO amid broader leadership reshuffle
- Techie claiming to be Microsoft employee says he is about to be laid off, but is 'relieved': 'Watching good people...'
- Explained: Oyo’s long journey to an IPO, from 2021 to 2026Oyo's parent company, PRISM, has filed for a ₹6,650 crore IPO, marking its third attempt to go public after previous delays and withdrawals...01 Jul, 2026, 11.32 AM IST
- Jana Holdings to pare Jana Bank stake to repay its bond holdersJana Holdings plans to reduce its stake in Jana Small Finance Bank to below 10% from 17% to meet bondholder payment obligations, including ...01 Jul, 2026, 08.07 AM IST
- 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...01 Jul, 2026, 07.41 AM IST
- PFC-REC merger: Which stock should you buy before the mega deal creates Rs 11 lakh cr power financing giantPower Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 ...30 Jun, 2026, 12.07 PM IST
- Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listingThe company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which recei...30 Jun, 2026, 09.23 AM IST
- PRISM’s IPO filing mentions Zostel case, CCI investigationIn its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect ...30 Jun, 2026, 07.44 AM IST
- BAT to cut 9,000 jobs globally as the world lights fewer cigarettesBritish American Tobacco is slashing approximately 9,000 jobs globally as part of a major restructuring. This significant workforce reducti...29 Jun, 2026, 01.13 PM IST
- PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giantThe proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...29 Jun, 2026, 12.01 PM IST
- PFC-REC merger approved! Here's what will happen to your existing shares after mega mergerPFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...29 Jun, 2026, 08.37 AM IST
- PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC sharesPower Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...28 Jun, 2026, 11.39 PM IST
- Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...26 Jun, 2026, 03.52 PM IST
- 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...25 Jun, 2026, 11.25 AM IST
- Promoter Twin Star sells Vedanta shares worth Rs 1,896 crore in block dealTwin Star Holdings, a promoter entity of Vedanta, sold 6.51 crore shares worth nearly Rs 1,896 crore through a block deal on Tuesday. The t...23 Jun, 2026, 08.49 PM IST
- General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...23 Jun, 2026, 08.03 PM IST
- Should investors buy the dip in Vedanta shares after 9% slide? Analysts weigh inVedanta shares fell on Tuesday after promoter entity Twin Star Holdings reportedly sold around 7.3 crore shares (1.7% stake) worth ₹2,149 c...23 Jun, 2026, 12.23 PM IST
- 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...23 Jun, 2026, 08.53 AM IST
- WazirX bets on AI, futures trading to fuel comeback after $235-million hackCryptocurrency exchange WazirX is introducing AI-powered trading tools, advanced trading products and customer experience upgrades followin...22 Jun, 2026, 06.23 PM IST
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