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CORPORATE LAYOFFS
American dream turns more distant for Indians as US tightens immigration rulesChanges in US immigration regulations are increasingly complicating matters for Indian nationals. New directives now allow for the swift de...
H-1B layoff or missing paperwork? Indians face a tougher US immigration roadTwo US immigration policy shifts could make it harder for Indians to work or settle there. USCIS can now deny inadequately documented appli...
‘I gave up on having kids while I’m at Meta’: Employee says layoff fears derailed family plans, internet eruptsAn anonymous Meta employee has gone viral after revealing that fears of future layoffs have made her postpone having children. In a candid ...
Employee spent 2 weeks training a new hire. Then she overheard a phone call that changed everything. ‘I’m still shaking.’A dedicated dental office administrator learned of her impending termination. The employee discovered this after training her own replaceme...
He was out on a Performance Improvment Programme. Then he got a huge surprise: 'I cried, they said the PIP was purely...'A Reddit user recently shared a bizarre anecdote on how he was put on a performance improvement programme and then told he had received a r...
US stocks: Dow, S&P 500 close at record highs as AI earnings impress, oil prices tumbleStock markets soared to all-time highs on Tuesday, fueled by stellar earnings from corporations. AI-focused entities like Palantir and the ...
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
The AI layoffs are backfiring: Why companies are rehiring employees they let goCompanies are rehiring workers after AI failed to fully replace human expertise. Ford and Klarna found AI could not detect all defects or m...
'Millennials are getting laid off or quitting jobs, and they're happy': Viral video sparks debateA viral video highlights millennial burnout and dissatisfaction with corporate work environments. Many professionals are now voluntarily le...
IT industry not creating new jobs, funds diverted to AI, data centre costs: Sridhar VembuIn a post on social media platform X, Vembu noted that while the IT industry, including Zoho, has avoided large-scale layoffs, it has faile...
AI, data centre costs are slowing IT hiring, Zoho Founder Sridhar VembuZoho Corporation's founder notes IT job growth is slowing significantly. Funds are now diverted to rising artificial intelligence and data ...
Chime to cut 10% of total workforce on AI driven efficienciesFintech firm Chime is reducing its workforce by ten percent. This move aligns with a broader trend of companies using AI for operational ef...
Google layoff changed her life: Ex-employee says losing $200,000 job made her an award-winning actor-filmmaker with 'zero regrets'Former Google employee Trinette Faint says being laid off from her $200,000-a-year job in 2024 became the turning point that led her to pur...
Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
Disney layoffs: Hundreds of jobs cut across ESPN, Pixar, other unitsWalt Disney Company has initiated significant workforce reductions across its various business units. Corporate teams, ESPN, and film studi...
'Resign or we will terminate you': HC advocate shares how to avoid this HR ultimatum and forced resignation trapCompanies often pressure employees into resigning to avoid legal obligations. As per a HC advocate, a forced resignation under threat is no...
Bengaluru techie was earning Rs 50 LPA. Won an award. Weeks later, he got a huge shock: ‘No meeting, no warning…’A story of a techie who lost his dream job with one cold email is going viral on X. Despite being a star employee at one of the top MNCs, h...