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GLOBAL TECH LAYOFFS
120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
Microsoft layoffs: Here's the severance package employees are getting after latest job cutsMicrosoft offers up to 39 weeks of pay and continued benefits to laid-off workers. This generous package includes stock vesting and health ...
35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
Microsoft shares fall over 1% after company announces to layoff 4,800Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the dee...
Too much riding on one AI stock? Why techies should diversify their RSUs before it's too lateWith tech employees holding up to 80% of their net worth in a single stock, advisers say not selling is a real danger.
For one small business, AI was key to a quick start and expansionThe rapid emergence and spread of AI has become a defining feature of the U.S. economy, of prime interest to Federal Reserve officials tr...
Meta's Mark Zuckerberg says AI agent tech progressing slower than expectedZuckerberg and other Meta executives have been seeking to moderate some of the organizational changes introduced earlier this year, witho...
Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.
ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
AI unlikely to trigger 'Job Apocalypse', it may create uneven workforce disruption: Goldman Sachs ReportA Goldman Sachs report suggests that concerns regarding an impending 'AI job apocalypse' may be overstated. Over the next decade, while AI ...
Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...
Claude Fable 5, Mythos banned: Indian techie shares Indian jugaads one can use to bypass restrictions to access AI toolsNew US restrictions on advanced AI models from Anthropic have caused a stir in India. Indian tech enthusiasts are sharing 'jugaad' solution...
Sundar Pichai tells Stanford graduates ‘your choices will shape your journey’ after students walk out during speechGoogle CEO Sundar Pichai's Stanford commencement address was disrupted by over 100 students walking out to protest Project Nimbus, a deal i...
Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
YouTube earns more from Xbox games than Microsoft: CEO Satya NadellaMicrosoft CEO Satya Nadella said that YouTube generates more revenue from Xbox games than Microsoft itself, highlighting a struggle to mone...
Mark Zuckerberg says Meta made 'mistakes' in AI workforce shiftMeta's chief Mark Zuckerberg admits the company made errors during its AI shift. He is investing heavily in artificial intelligence to resh...
China Inc deploys 'quiet' layoffs as Beijing promotes AI adoptionChinese companies are quietly implementing AI-driven layoffs and reducing graduate hiring to boost productivity, while carefully avoiding g...
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...