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RETAIL LAYOFFS 2023
Walmart cuts 1,000 roles to simplify operations, source saysWalmart has cut 1,000 jobs as it simplifies its structure. The retail giant is focusing on technology to attract wealthier shoppers and gro...- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- Student loan forgiveness changes hit middle class hard: New bill counts jobless months, speeds up debt relief for laid-off workersNew student loan rules may help people who lose jobs. The plan could count no-payment months for loan forgiveness. This can help middle-cla...
- Doritos at $7 a bag ended up costing PepsiCo billionsIn an unexpected twist, Frito-Lay, a subsidiary of PepsiCo, is slashing prices by as much as 15% on beloved snacks like Doritos and Cheetos...
- Iran's Gulf attacks put India’s money flowing engine into one of the toughest testsIndia's essential remittance inflows are confronting an extraordinary obstacle. The intensifying turmoil in West Asia is fueling anxiety am...
- Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
- 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...
- Job bloodbath! Mass layoffs hit America as 172,000 jobs vanish — is this shocking wave of Amazon and Meta cuts the first sign of a U.S. recession?Job bloodbath hits America. Over 172,000 layoffs in October 2025. Biggest cut since the pandemic. Amazon slashed 14,000 jobs. Meta dropped ...
- Why are so many companies 'rightsizing'?Alphabet, Google's parent company, cut 12,000 jobs, or about 6% of its global workforce, at the start of 2023. Meta laid off more than 10,0...
- Layoffs and emerging opportunities in the field of technologyThe technology sector in India has seen three types of layoffs in 2022 and 2023, including major layoffs at well-funded startups due to fun...
- Quick commerce startup Dunzo formally announces fresh layoffsThis is the third round of layoffs at the Reliance Retail-backed firm, which is grappling with cash flow issues.
- Reddit lays off 5% of its workforce, to reduce hiringReddit, which was spun off from magazine conglomerate Condé Nast in 2011, has been in the news for its popular discussion channels and subg...
- Gap to lay off about 1,800 employees in second round of job cutsIn September, Gap eliminated about 500 corporate workers across a range of departments as it struggled to protect margins and battled weak ...
- Dunzo lays off 300 employees amounting to 30% of its workforceBesides layoffs, Dunzo is also likely to cut about 50% of its dark stores and run only those that can be profitable or are nearing that thr...
- Online fashion retailer Zalando to lay off hundreds of employeesIn its last quarterly earnings report in November, Zalando said it expected full-year revenues and operating profit to reach the lower end ...
- Amazon job cuts hit staffers in grocery, robotics, payments, AWS divisionsAmazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisions of the company, ...
- Tech firms, Wall Street lead job cuts in corporate AmericaRapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-o...
- Layoffs 2023: Why are tech superpowers laying off workers all around the world?Following Microsoft's announcement, Google made the same decision to fire 12,000 employees, along with a public apology from CEO Sundar Pic...
- Goldman Sachs planning to cut off as many as 4,000 ‘low performing’ staffers: ReportAccording to a report on Friday, Goldman Sachs is preparing to fire up to 4,000 poor-performing employees as it seeks to cut expenses amid ...
- UPI market share rules postponed; Amazon plays down India layoffsIn November 2020, the National Payments Corporation of India announced controversial new rules that sought to cap the market share of indiv...
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