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EMPLOYEE LAYOFFS 2024
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...25 May, 2026, 06.30 PM IST- Problems disappeared when I let them go: Bolt’s Ryan Breslow explains why he laid off his entire HR teamBolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to re...22 May, 2026, 05.28 PM IST
- Over $150,000 income, safety from layoffs: This one profession could be one of the safest jobs as AI anxiety risesAs layoffs continue across major tech companies investing heavily in AI, one profession is seeing the exact opposite trend. Elevator mechan...19 May, 2026, 12.03 AM IST
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.12 May, 2026, 08.55 PM IST
- Replacing humans with AI is turning out to be costlier than expected, Uber, Nvidia execs sayCompanies are finding AI automation costs, particularly token-based pricing, are exceeding employee salaries. Executives from Nvidia and Ub...08 May, 2026, 12.20 PM IST
- The ex-JPMorgan banker at the center of harassment suit against Lorna Hajdini just quietly left his new job tooIn a shocking development on Wall Street, ex-JPMorgan banker Chirayu Rana's lawsuit against Lorna Hajdini has taken a surprising twist. Jus...07 May, 2026, 06.51 PM IST
- Salesforce CEO Marc Benioff says AI won’t wipe out entry-level jobs. He’s hiring 1,000 graduates to prove itSalesforce CEO Marc Benioff announced the company is hiring 1,000 graduates and interns to build its AI systems, directly challenging fears...07 May, 2026, 09.17 AM IST
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...07 May, 2026, 08.04 AM IST
- Pocket FM cuts 100 jobs, moves 2,000 contract employees on Quess Corp’s payrollAudio series platform Pocket FM has reportedly laid off approximately 100 employees, about 10% of its workforce, primarily from its content...06 May, 2026, 10.29 PM IST
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.06 May, 2026, 08.59 PM IST
- Freshworks cuts 500 jobs; Q1 revenue hits $228 millionFreshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business so...06 May, 2026, 04.36 PM IST
- Nissan to cut 10% Europe jobs, 900 roles at risk as global restructuring and Sunderland factory changes beginNissan is planning big job cuts in Europe as part of a global plan. The company wants to save money and improve its business. Changes are a...05 May, 2026, 08.41 PM IST
- Big Tech pours billions into AI while thousands pack their bagsBig Tech's March quarter 2026 earnings reveal a significant AI-driven transformation, with revenue up across the board. Companies are proje...03 May, 2026, 05.56 PM IST
- AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...02 May, 2026, 01.59 PM IST
- Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...30 Apr, 2026, 07.20 AM IST
- Starbucks layoffs: Tech unit hit amid major turnaround effortStarbucks is cutting jobs in its technology division. This move is part of a larger restructuring plan. Some Seattle tech roles will move t...23 Apr, 2026, 03.48 PM IST
- Starbucks layoffs hit tech teams amid restructuring pushStarbucks is reportedly laying off staff from its technology departments. This move is part of a larger restructuring plan by new CEO Brian...23 Apr, 2026, 02.33 PM IST
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