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CORPORATE LAYOFFS
DealShare CEO Kamaldeep Singh quits amid acquisition talks with TruemedsSingh, a former Big Bazaar chief executive who took charge of DealShare in January 2024, has joined Indofast Energy, a joint venture betwee...
Sridhar Vembu net worth: Zoho co-founder who built a multi-billion dollar business ranks among India’s richest with his siblings; his career, education and wealthSridhar Vembu Net Worth: Zoho co-founder Sridhar Vembu and his siblings have a combined net worth of $5.8 billion, according to Forbes. He ...
Kroger to cut 3,000 corporate jobs as CEO Greg Foran launches sweeping restructuring to take on rivals in the battle for cheaper groceriesKroger is embarking on a major restructuring by cutting around 3,000 corporate roles to boost operational efficiency. This strategic decisi...
Amazon layoffs hit during Prime Big Deal Days while Bezos says AI could bring 3-day workweeks and US may beat China to moon by 2028Amazon layoffs: Amazon is cutting fewer than 1,000 white-collar jobs during Prime Big Deal Days, mainly across its Stores division. At the ...
Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
Cognizant, Infosys, Tata, Wipro, HCL among 8 IT firms suspended from US green card programmeThe US government's recent decision to suspend eight leading IT companies, including Microsoft, from green card applications for foreign wo...
Jeff Bezos says AI could bring a 3 day work week, so why is Amazon cutting jobs?The Amazon founder believes rising productivity could make shorter workweeks possible. Some people may eventually earn enough to support th...
CNN’s new era begins as Skydance brings two news giants under one roofSkydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as...
GoT, Harry Potter, Batman & more: The $110 billion Hollywood gold mine Paramount just boughtParamount's acquisition of Warner Bros Discovery brings some of Hollywood's most valuable franchises under one roof, from Batman, Superman ...
Paramount-HBO Max streaming combination may give you more content, but at what cost?Paramount has gained the green light for an $81 billion merger with Warner Bros. Discovery, a significant transformation for Hollywood's ke...
Global Market Today: Asian shares rise as tech stocks lead, bonds in focusThe MSCI Asia Pacific Index climbed 0.6% with stocks in Japan and South Korea gaining. The moves came after gains for a key gauge of US sem...
US job openings slipped to 7.1 million in August but labour market remains sturdyUS employers posted fewer job vacancies in August, but the broader American labour market remains resilient against price shocks caused by ...
PB Fintech: A record debut in 2021, a record ₹31,400 crore wipeout & now the biggest storm the Gurugram co can facePB Fintech came under heavy selling pressure after IRDAI proposed changes to insurance commissions and distribution economics. PB Fintech s...
Amazon's surprising gesture for fired employees after over 30,000 layoffs: Tech giant reaches out to former workers for AI, cloud jobsFollowing significant layoffs in 2026, Amazon is reaching out to its former workforce, offering new job opportunities primarily in AI and c...
Job in Antarctica after 30 years at HP: 59-year-old woman was laid off, struggled to find work & then landed an unexpected role on the frozen continentMay Lee, who spent 30 years at Hewlett-Packard, faced an unexpected layoff that prompted her to reconsider her career path. After an unsucc...
Oracle layoffs: Techie with 12 years of experience loses job; wife says he worked on Holi, Diwali and RakhiOracle job cuts: A woman's LinkedIn post detailed her husband's sudden job loss after twelve years at Oracle. He discovered his termination...
Oracle begins new round of layoffs: Logins stopped by 4 a.m., Slack disconnected by 5:30 a.m., then came the dreaded ‘6 a.m. email’; more job cuts likely in IndiaOn September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...
AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
Gen Z employee resigns after manager asks her to work during a leave, sparks debate on work ethicA viral X post has triggered debate over Gen Z workplace attitudes after an account claimed that two young employees resigned from the same...
Should young professionals buy health insurance beyond their employer cover?Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your ...