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IMPACT OF LAYOFFS ON EMPLOYEES
Netflix layoffs: 1,000 employees eliminated ahead of quarterly earnings results; biggest cut since 2022After a challenging year at Wall Street, Netflix lays off around 1,000 employees, comprising about 6% of its total workforce. The impact wi...- Netflix layoffs: Senior designer laid off after launching two projects ‘from 0 to 1’, shares career updateSenior Product Designer, at Netflix, Heather Noddings has lost her job amid the streaming giant’s layoffs. Based in Los Angeles, she announ...
- Netflix layoffs: Employee loses job after 12 years, says ‘it’s hard to put into words’, after 1,000 workers are laid offNetflix is laying off nearly 1,000 employees, around 6% of its workforce, amid organisational changes. Adam Mulder, who spent 12 years at t...
- Netflix lays off 6% of its workforce: Employee shares why he feels ‘relieved’: ‘I have no idea…’Netflix has slashed about six percent of its workforce – this has impacted more than 1,000 employees in total. Taking to Reddit, one Reddit...
- Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staffIn a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...
- Kroger to cut 3,000 corporate jobs as CEO Greg Foran launches sweeping restructuring to take on rivals in the battle for cheaper groceriesKroger is embarking on a major restructuring by cutting around 3,000 corporate roles to boost operational efficiency. This strategic decisi...
- Trump's tariffs fuel factory job losses, threaten Republican support ahead of US midtermsJob losses in battleground states have led to political shifts among workers who previously supported Republicans. This includes individual...
- Winners of The ET Startup Awards 2026 to be feted todayHappy Friday! The who's who of the startup ecosystem will come together in Bengaluru today to honour the winners of The Economic Times Star...
- Starbucks plans to permanently close five Washington coffeehouses and cut eight jobs at its Seattle headquartersStarbucks plans to permanently close five coffeehouses in Washington and eliminate eight positions at its Seattle headquarters, as per stat...
- India’s AI rules take shape; TCS profit jumps 15%The government is set to release a consultation paper on AI regulations within a month. This and more in today’s ETtech Top 5.
- Amazon India layoffs: Pink slips handed to employees across retail, customer service functionsThe layoffs came to light a day after Amazon's biggest flagship sale event in the country, Great Indian Festival, opened on October 7.
- CNN’s new era begins as Skydance brings two news giants under one roofSkydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as...
- Nike stock falls after revenue miss, NKE forecasts 2027 revenue decline and announces layoffs - here's what investors need to knowNike stock after NKE earnings: Nike stock is down after the company reported a quarterly revenue miss and forecast a high-single-digit reve...
- More layoff pain: Nike, airBaltic and Microsoft's Hellblade studio announce major job cutsNike is planning to implement further job cuts as part of its restructuring programme, which began in March. Meanwhile, developers at Hellb...
- 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...
- PB Fintech forced to rethink business plan as India insurance commissions cap comes as a major shockerProposed commission caps from the Insurance Regulatory and Development Authority of India could severely impact PB Fintech's revenue. The c...
- Princess Margaret Hospital receives $100 million mystery donation in biggest cancer gift in Canada, but that may not be the greatest partIn a remarkable act of generosity, an anonymous benefactor has gifted $100 million to the Princess Margaret Cancer Foundation, marking the ...
- Next Halo game to be made by Call of Duty makers as Microsoft lays off 268 employees: What we knowIn a significant shake-up, Microsoft has let go of 268 employees from its gaming division, paving the way for Activision to spearhead the u...
- Adidas begins layoffs at India Tech Hub in Gurgaon, nearly 20% workforce affectedAdidas said less than 20% of employees in its India Technology organisation have been affected by layoffs at its Gurugram Tech Hub.
- Oracle layoffs: What severance will you get if laid off? A look at payouts based on your years at the companyOracle layoffs 2026 : Oracle has begun another round of job cuts affecting numerous employees across its divisions. Affected workers discov...
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