Global Market Today: Asian stocks slip as AI rally stalls, oil steadiesAsian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significan...
05 Jun, 2026, 06.24 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
Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employeesUber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of ...
04 Jun, 2026, 01.50 AM IST
HUL cuts permanent employee count by 8.6% in FY26Hindustan Unilever has reduced its workforce in fiscal year 2026. The company saw a decline in both permanent employees and workers. This m...
03 Jun, 2026, 09.36 AM 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
“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
Meta India cuts around dozen jobs; ad sales, marketing roles take a hitAccording to industry estimates, the company has about 400 employees, though it does not reveal country-specific workforce numbers. Meta re...
27 May, 2026, 06.01 AM IST
Three mortgages, zero salaries: What do families do when everyone loses their job together? Viral layoff story reveals fear, debt, and survival panicA shocking rise in family financial crisis after layoffs is emerging as global job cuts accelerate across tech, fintech, and aviation secto...
26 May, 2026, 10.21 PM IST
Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...
26 May, 2026, 07.10 PM IST
StanChart CEO apologises for 'upset caused' by AI commentsStandard Chartered CEO Bill Winters has apologized for comments about artificial intelligence replacing workers. He stated that the bank is...
22 May, 2026, 03.28 PM IST
HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
20 May, 2026, 06.39 AM IST
StanChart announces massive job cuts: Standard Chartered to lay off over 7,000 employees. Check deadline, reasonStanChart or Standard Chartered's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to ...
19 May, 2026, 02.45 PM IST
Standard Chartered plans to cut thousands of jobs in AI pushStandard Chartered on Tuesday raised its profitability target, aiming for a return on tangible equity of more than 15% by 2028 and about 18...
19 May, 2026, 11.32 AM IST