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LAYOFFS IN INDIA
Laid off just before Diwali: Woman leaves dream company due to health issues, loses second job after startup announces shutdownA young professional shared her experience of losing a job shortly before Diwali. After focusing on her health, which had deteriorated due ...
Wedding week shock: Qualcomm employee claims he called boss to escape stress but finds out he has lost his jobA Qualcomm employee with 4.5 years at the company contacted his manager to find out whether he was among those affected by layoffs, days be...
AI-led hiring slowdown is temporary; jobs demand to surge in 3-5 years: Infosys cofounder GopalakrishnanHis comments come as widespread layoffs occur across large tech companies including Qualcomm, Oracle, Microsoft and Amazon, triggering fear...
Amid layoff season, this Bengaluru company is paying employees to quit and start their own business and return back if things don't work outAmid layoffs and voluntary buyout offers at global tech companies, Bengaluru-based iD Fresh Food is encouraging employees to quit and start...
TS Inter 1st and 2nd year exam system to end: Telangana CM announces new 10+2 education model from next academic yearTelangana will introduce the 10+2 education system from the next academic year, merging Classes 11 and 12 with the school education structu...
Festive online sales hit Rs 1.4 lakh crore, up 17%, but miss forecastsThe season had been expected to hit a record Rs 1.50-1.55 lakh crore in GMV, up 25-29% from last year. GMV is total value of goods sold by ...
Online festive sales miss estimates; Munjal steps down as Unacademy CEOHapppy Thursday! Online festive sales grew, but fell short of expectations amid weak smartphone demand.This and more in today’s ETtech Morn...
Qualcomm global recast may cost 1,000 jobs in IndiaThe US chipmaker employs about 20,000 people in India, mainly at its engineering and design facilities in Bengaluru, Hyderabad, Chennai and...
Xiaomi eyes local partners; Electronics firms target AI infraXiaomi is looking for local partners as it plans to manufacture home appliances in India. This and more in today’s ETtech Top 5.
Tech layoffs were just the start: 1.6 million more US job cuts could push America toward recessionUS technology layoffs have crossed 200,000 in 2026, with Google, Microsoft, Amazon and other major companies cutting jobs. But the bigger c...
Qualcomm layoffs severance package: 3 months' salary, extra payout based on years of service & one more month's pay for signing exit papers within 3 days; what employees are being offeredQualcomm has reportedly begun laying off employees in India as part of a global workforce restructuring exercise that could affect around 1...
Qualcomm initiates India layoffs: Here’s how much employees will get in severanceQualcomm has begun implementing planned job cuts globally, affecting employees in India and the US (in California).
It's the ecosystem, stupid! Anand Mahindra celebrates India's rise to the top 3 in the AI race, beating the UK, Japan and South KoreaAnand Mahindra has welcomed India's rise to the top three in Stanford's global AI vibrancy rankings, ahead of countries such as Japan and S...
Microsoft reports $36 billion quaterly profit, employees complain salary raises below 1%, describe workplace as 'joyless and demoralizing' after 60,000 people receive buyout offersMicrosoft reported a 32% jump in quarterly profit to $36.6 billion but its employees complain of salary increases below 1%, rising workload...
China is the world's factory but still can't give jobs to youth: Sridhar Vembu says India has a problem that is about to get worseChina's position as the world's manufacturing powerhouse has not prevented a growing employment challenge among its educated youth. Despite...
Why Big Tech companies Microsoft, Google, Meta and others are opting for voluntary buyoutsIn response to fluctuating market demands, Meta has rolled out voluntary exit packages in France aimed at workforce restructuring. This ini...
After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to knowMeta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence deve...
'One layoff can expose years of poor financial planning': Man earning ₹40 lakh LPA gets laid off, reveals ₹2 crore home loan, ₹30 lakh personal loan and pending car EMIsAfter losing a job with a salary of ₹40 lakh per annum, a man faces severe financial stress. He has ongoing loans, including a ₹2 crore hom...
L&T pushes IT and engineering arms to accelerate growth beyond 15%Larsen and Toubro is focusing on raising revenue growth in its services arms, LTM and LTTS. Currently, these companies grow at about 10-11 ...
Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact...