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IT FIRMS LAYOFFS
Amid tech layoffs, this engineering role sees 700% surge in demand, offers salaries up to $200K; Anthropic, OpenAI, Google Cloud and McKinsey are hiringAt a time when tech companies are laying off employees, there is a surprising boom for a specific engineering role, with job postings skyro...05 Jun, 2026, 09.51 AM IST- US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...05 Jun, 2026, 01.37 AM IST
- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...05 Jun, 2026, 12.15 AM IST
- US weekly jobless claims increase more than expected; labor market remains stableDespite high-profile job cuts by technology firms related to the adoption of artificial intelligence, layoffs have remained low, confining ...04 Jun, 2026, 07.01 PM IST
- Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.04 Jun, 2026, 06.16 PM IST
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...04 Jun, 2026, 08.10 AM IST
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...04 Jun, 2026, 06.14 AM IST
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...02 Jun, 2026, 08.58 PM IST
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...01 Jun, 2026, 10.07 PM IST
- Young and unemployed? Remote work, not AI, may be the problem, study findsRemote work is making companies hesitant to hire young graduates. A New York Fed study shows this is a key reason for increased unemploymen...01 Jun, 2026, 08.58 PM IST
- 'Thought Amazon on my resume was enough': Ex-employee says he's still looking for job 8 months after layoff despite calls from Google, Uber, Agoda & American ExpressA former Amazon employee's struggle to find a new job nearly eight months after being laid off in 2025 has highlighted the challenges facin...01 Jun, 2026, 04.11 PM IST
- “How to decide which employees AI should replace”: After 20% layoffs, Cloudflare CEO Matthew Prince explains his strategyCloudflare layoffs: Cloudflare has laid off over 1,100 employees, nearly 20% of its workforce, despite record revenue growth. CEO Matthew P...29 May, 2026, 12.48 PM IST
- AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...28 May, 2026, 07.52 AM IST
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...27 May, 2026, 07.35 AM IST
- GCCs switching to smart workflows as AI gobbles up procedural grunt workIndustry experts said AI is shrinking junior-level workflows, reducing standalone procedural functions and pushing multinational companies ...27 May, 2026, 06.00 AM IST
- US company ClickUp lays off 22% workforce, but CEO says bigger rewards await those...ClickUp Layoffs: ClickUp is cutting 22 per cent of its workforce as the company shifts more aggressively towards artificial intelligence-dr...23 May, 2026, 02.33 PM IST
- Founder says Meta tried hiring him days after firing 8,000 employees: 'What happened to employee retention?'Tech giant Meta's decision to interview a senior candidate while simultaneously laying off thousands of employees has ignited a fierce deba...22 May, 2026, 09.54 AM IST
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