1.2 million Americans laid off in 2025 as job cuts hit highest level since the COVID-19 pandemic — Is AI now a major factor in U.S. job cuts?US layoffs 2025: More than 1.17 million Americans lost their jobs in 2025. Cuts surged 54% from last year. November alone saw 71,321 layoff...
05 Dec, 2025, 10.12 PM IST
Layoff tsunami hits US as 71,000 jobs slashed in November: 2025 becomes first 1.1 million+ cut year since PandemicUS layoffs surged again in November, with employers announcing 71,321 job cuts, according to new data from Challenger, Gray & Christmas. Th...
04 Dec, 2025, 10.17 PM IST
Telefonica proposes laying off more than 5,000 workers in Spain, union saysTelefonica has proposed laying off 5,040 employees in Spain as part of a new cost-cutting strategy, impacting 41% of its Telefonica de Espa...
24 Nov, 2025, 08.15 PM IST
Telecom gear maker Ericsson to lay off 1,400 employees in SwedenThe company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets,...
20 Feb, 2023, 04.48 PM IST
Telecom industry aiming to hire staff laid off by Big Tech firmsCompanies like Meta, Amazon, Twitter, Microsoft and Stripe among many others have laid off employees and rationalised their employee base. ...
08 Dec, 2022, 04.54 PM IST
Global tech layoffs won't hit telecom projects: staffing companiesAlug said he expects the hiring of specialists and experienced professionals in the telecom sector to increase in the coming quarters, sinc...
16 Sep, 2022, 01.46 PM IST
Companies feel layoffs can also pay off in hiring processCompanies say they are not wary of people who come with a justified reason for layoff as it stands as a testimony to a candidate’s resilien...
26 May, 2018, 12.55 PM IST
Telecom to lose more jobs; on course to cull 90,000 moreSince last year the sector has already lost around 40,000 people and the next six-nine months may see the culling touching 80,000-90,000.
15 Jan, 2018, 06.48 PM IST
Here's what could happen to the 5,000-odd staff of Tata Teleservices after the Bharti saleThough more than 4 crore TTSL customers will join Bharti Airtel, there is uncertainty over the fate of its 5,101 employees.
13 Oct, 2017, 01.18 PM IST
Hiring will increase in sectors like IT, startups, telecom and BPO: Indian Staffing FederationAs per the recent report by Indian Staffing Federation only 15 major sectors drove the entire jobs market growth in just 11 states.
13 Jun, 2017, 05.20 PM IST
Alcatel-Lucent, Nokia to operate separatelyIn India, Alcatel-Lucent will continue its focus on IP optics, software and fixed-line business as they will be complementary to its acquir...
24 Apr, 2015, 06.20 AM IST
- ET in the classroom: The anatomy of layoffs
Several companies, banks and financial institutions across the world resorted to layoffs during the slowdown
09 Nov, 2011, 05.36 AM IST
- Outplacement: Smoother way for layoffs
In view of a possible economic slowdown, companies are realising that right-sizing is on the cards and are resorting to outplacement.
31 Oct, 2011, 05.20 AM IST
- Planned job cuts by US firms in Jan rise to five-month high
The US employers began year 2010 by announcing 71,482 planned job cuts, the highest job-cut tally in five months, a report by global outpla...
04 Feb, 2010, 11.27 AM IST
Pharma, mfg, telecom sectors see highest salary hikes for FY10Pharma, manufacturing & telecom sectors witnessed highest increase in salaries. Job vs health
26 Jul, 2009, 01.35 PM IST
- Lay-off watch: At least one job ticked off every 10 second
Financial crisis cost over 30,000 jobs in the first week of December, the number nearly trebled to touch about 85,000 in the following 7 da...
14 Dec, 2008, 11.16 AM IST
- US employers announce a combined 20,000 jobs cuts
A round of more than 15,000 layoffs announced by AT&T Inc, DuPont and Viacom Inc suggests a yearlong wave of US job cuts is accelerating, j...
05 Dec, 2008, 09.18 AM IST