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
US jobless claims increase less than expected amid low layoffsAmerica's job market shows resilience. New unemployment claims saw a small increase last week. Layoffs remain low, providing stability. Job...
07 May, 2026, 07.11 PM IST
Job cuts in U.S.: Massive lay offs underway in Snapchat parent company. Check severance package, which employees are losing jobs right now?Snapchat, Meta, Nike, Citigroup, Morgan Stanley employees are under the job cuts threat. AI-driven automation is exposing multiple sectors ...
15 Apr, 2026, 06.51 PM IST
Business rejigs, layoffs drive up demand for outplacement firmsCompanies are increasingly using outplacement services to help employees find new jobs. This trend is driven by AI disruption and economic ...
13 Mar, 2026, 12.24 AM IST
Companies tap outplacement firms to help find jobs for fired handsIn the last two-three weeks alone, ABC got as many as 10 enquiries from sectors such as social impact, shared services, food processing and...
22 Apr, 2025, 06.00 AM IST
Outplacement biz sees big pick-up as companies look to soften layoff blowsOutplacement firms are experiencing a surge in demand as companies across various sectors implement restructuring and workforce reductions....
22 Apr, 2025, 12.00 AM IST
Outplacement biz booms as companies help laid-off staff find jobsAmid layoffs in the technology and startups space, outplacement firms are booming. They assist companies in helping affected employees find...
19 Feb, 2024, 12.51 AM IST
Outplacement business booming amid tech, startup layoffsAmid widespread layoffs in the technology and startups sectors, outplacement firms are experiencing a surge in demand as companies seek ass...
15 Feb, 2024, 10.37 PM IST
In layoff season, outplacement firms gain tractionOutplacement service firms partner with companies in case of mergers or cost-optimisation drives to assess redeployment opportunities of ex...
14 Nov, 2019, 10.38 AM IST
With firing rises hiring of outplacement companiesFirms are now going big on outplacement and career-transition services for staff who are being let go of.
24 Sep, 2019, 04.16 PM IST
Lost your job? Your company will help find oneOutplacement services firms provide career transition services to organisations and help candidates following layoffs.
21 May, 2019, 10.40 AM IST
Outplacement agencies turn counsellors to manage career transitions“The days when multinationals fired in hundreds are gone. So mere outplacement will not help us survive,” an official at an outplacement ag...
31 Dec, 2013, 06.20 AM IST
On layoffs, India Inc still leaves employees in the lurchLayoffs are inevitable, but cos that lead staff to the exit door gently are more likely to attract talent in the future.
09 Feb, 2012, 11.28 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
- 'Triggered by impending slowdown, outplacements back in India'
Outplacement trend is back in the domestic market as many companies are roping in third party consultants to find new employment for the la...
30 Oct, 2011, 12.58 PM IST
Cos go extra mile to help fired staff find new jobsCos are making effort to walk employees to the door, and even showing them their next stop, instead of leaving them out in the cold. Keep i...
14 Mar, 2009, 07.38 AM IST