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EMPLOYEE HEADCOUNTS
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...- Cybersecurity firm Mitigata raises $15 million funding led by Bessemer Venture PartnersBengaluru-based cybersecurity firm Mitigata has secured $15 million in a funding round led by Bessemer Venture Partners. The capital infusi...
- PE firms, mid-market companies drive India’s new GCC waveIndia's Global Capability Centre (GCC) landscape is shifting, with private equity-backed and mid-market firms now driving significant expan...
- RIL AGM 2026: Jio IPO and 4 other big bets Mukesh Ambani could unveilReliance Industries Chairman Mukesh Ambani is set to reveal major plans at the 49th annual general meeting. Investors anticipate updates on...
- PE firms join GCC boom, push portfolio companies to set up captive centresPrivate equity-backed firms are increasingly establishing Global Capability Centres (GCCs) in India, moving beyond cost savings to build AI...
- Robinhood Layoffs 2026: US fintech company lays off 10% of its workforce, CEO says "business has never been stronger"Robinhood Layoffs: Financial services firm Robinhood is laying off approximately 290 employees, about 10% of its workforce, as part of a re...
- Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...
- Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
- US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026N-able Inc, a US cybersecurity firm, will grow its Indian team by over 50 percent by 2026. The company opened a Global Capability Center in...
- US realty firm Opendoor winds down India operations, nearly 250 employees impactedOpendoor, a prominent player in real estate technology, is pulling out of its operations in India, leading to the unfortunate layoff of 250...
- Opendoor fires all Indian employees, shuts India operationsUS real estate technology company Opendoor is winding down its India operations and relocating remaining roles to the US, affecting nearly ...
- Philippines earthquake: Aftershocks complicate recovery from quake that killed 45 and displaced thousandsA powerful earthquake has devastated southern Mindanao, Philippines. Dozens of rescuers narrowly escaped a collapsing grocery in General Sa...
- Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
- Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
- Infineon taps CDIL, Kaynes to strengthen India chip collabGerman chipmaker Infineon Technologies is expanding its engagement with India's semiconductor manufacturing ecosystem by partnering with CD...
- GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...
- What happens when expertise stops scaling? The leadership challenge companies can't ignoreMost companies know who their most valuable people are. The bigger question is whether what those people know can scale. As businesses grow...
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
- Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
- AI-proof career in India? IIT engineer says this profession can earn lakhs a month and remains AI-resistantAn IIT graduate's Reddit post ignited a discussion on career stability. He argued that medicine offers more security than engineering, citi...
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