Singapore court stays order to jail Byju’s founder, lawyer saysSingapore's high court has granted a stay on a six-month jail term for Byju's founder, Byju Raveendran, who was sentenced for contempt. Thi...
12 Jun, 2026, 04.21 PM IST
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
11 Jun, 2026, 10.11 PM IST
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
11 Jun, 2026, 06.25 PM IST
Volkswagen to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
11 Jun, 2026, 06.23 PM IST
Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
11 Jun, 2026, 08.51 AM IST
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
10 Jun, 2026, 08.17 PM IST
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...
10 Jun, 2026, 10.47 AM IST
Emirates will not cut flights despite Middle East war pressuresEmirates plans no capacity cuts despite regional conflict. The airline seeks more traffic rights for Berlin and wider expansion in Germany....
09 Jun, 2026, 03.30 PM IST
Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs dataGoldman Sachs now anticipates the U.S. Federal Reserve will maintain current interest rates through 2026, delaying any rate cuts until 2027...
08 Jun, 2026, 10.25 AM IST
Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
05 Jun, 2026, 05.34 PM 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
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