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CORPORATE LAYOFFS INDIA
'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...
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...
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 ...
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...
Five hours a week of posting earned more than her 9-to-5: Meet Sundas Khalid of Seattle, she posted career wins on Instagram while at Amazon. In 2024 the side hustle earned $302,000Sundas Khalid spent years building her career in Big Tech, moving from a $77,000 starting salary at Amazon to earning $292,000 a year at Go...
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 ...
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 ...
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...
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...
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 ...
Amazon layoffs affected employees severance package explained as company plans major job cutsAmazon layoffs affected employees severance package details are drawing attention as Amazon plans to cut up to 16,000 roles. The explainer ...
Target layoffs 2025 explained: Why is the retailer cutting 1,800 corporate jobs & which roles are impactedTarget layoffs: Target is cutting 1,800 corporate jobs, including 1,000 layoffs and 800 unfilled roles, to reignite growth after stagnant s...
Mumbai boss narrates the emotional turmoil he suffered after saying 'today is your last day' to 25 employees in a dayA Mumbai-based corporate trainer, Sampark Sachdeva, has recalled the emotional turmoil he faced when asked to fire 25 employees in a single...
Sony to hire 500 people in India in 2012-13Sony India today said it is registering "healthy profit" and even plans to increase its headcount by 500 people in the current financial ye...
- Cos turn to law firms to avoid layoff disputes
Law firms are being increasingly consulted by cos planning large-scale redundancies. India Inc's succession plans | In conversation: DLF's ...