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CORPORATE LAYOFFS
Laid off just before Diwali: Woman leaves dream company due to health issues, loses second job after startup announces shutdownA young professional shared her experience of losing a job shortly before Diwali. After focusing on her health, which had deteriorated due ...
Layoff just before the wedding: Employee set to marry on November 18 learns he has lost his job, says 'feeling more relaxed' after manager confirms decisionAn employee recently confirmed their layoff status, which surprisingly reduced their stress during wedding preparations. Despite the unfort...
Xiaomi eyes local partners; Electronics firms target AI infraXiaomi is looking for local partners as it plans to manufacture home appliances in India. This and more in today’s ETtech Top 5.
Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The of...
U.S. and Japanese Companies Struggle with Different Parts of AI Adoption—and Offer Different Lessons for Making It WorkCompanies in both the U.S. and Japan are struggling to deploy AI, but often in very different ways. In the U.S., deployment is wide but sha...
'One layoff can expose years of poor financial planning': Man earning ₹40 lakh LPA gets laid off, reveals ₹2 crore home loan, ₹30 lakh personal loan and pending car EMIsAfter losing a job with a salary of ₹40 lakh per annum, a man faces severe financial stress. He has ongoing loans, including a ₹2 crore hom...
Dubai in Transit: The megalopolis is trying to shake off nightmarish war months, but caution remains in the airDubai is struggling to regain business momentum eight months after Iranian missile strikes disrupted tourism, real estate and other sectors...
Layoffs pushed Renee Rubens to rethink her career. She turned tea gifts into a business bringing in up to $30,000 a monthRenee Rubens turned her interest in premium loose-leaf tea into Symphony of Leaves Tea Company after years in corporate media sales and thr...
Microsoft buyouts 2026: Which teams qualify, which departments are excluded and how many MSFT employees are eligible for the voluntary exit offer?Microsoft is offering voluntary buyouts to around 60,000 employees across the US, UK, India and Canada. Find out which teams qualify, which...
Amid layoffs, Sam Altman has an advise for MBA grauates that can keep them employable for a longer periodOpenAI CEO Sam Altman has urged MBA graduates to explore new opportunities created by artificial intelligence instead of following outdated...
'Dropboxers, today will be your last day': Dropbox lays off 9% of global workforce; CTO Ali Dasdan to step down. Read what the company said in memoDropbox is set to cut approximately 200 jobs as part of its growth-oriented reorganization plan. The focus will be on restructuring teams i...
US Senator Bernie Sanders slams Microsoft for slashing 60,000 jobs, stirs online debateMicrosoft announced on October 26that it is introducing a voluntary exit programme targeting eligible employees in the US, Canada, India, a...
Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer inc...
As Microsoft offers buyouts to 60,000 employees, a tech leader explains the hidden risks of such a large-scale offerMicrosoft's voluntary buyout offer to around 60,000 employees has led a technology advisor to flag two risks companies may overlook when ex...
Former Microsoft employee tells wife he was lucky to be fired from tech sector in 2022. What is he doing now?Former Microsoft employee Ian Yong Hoe Tan says he feels fortunate to have been retrenched in late 2022, amid growing concerns about AI-dri...
Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotionKeep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose ...
Panasonic reverses stand on Indianising top deck, offers key roles to expatsPanasonic has recently appointed Japanese executives to senior roles in its Indian operations. The company is restructuring its leadership ...
The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
Netflix lays off 6% of its workforce: Employee shares why he feels ‘relieved’: ‘I have no idea…’Netflix has slashed about six percent of its workforce – this has impacted more than 1,000 employees in total. Taking to Reddit, one Reddit...
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...