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
Over 1,00,000 job cuts rattle tech industry in 2025: Amazon, Meta, Google, Intel lay off thousands of employees. Check full list of companiesTech layoffs 2025: Major technology companies worldwide are cutting costs, resulting in massive job losses. Firms like Amazon, Intel, and T...
02 Nov, 2025, 01.28 PM IST
OpenAI chair's AI startup Sierra gets $4.5 billion valuation in latest funding roundThe funding round comes less than a year after the public launch of the young AI startup by Taylor, one of the most closely watched entrepr...
29 Oct, 2024, 08.00 AM IST
Exclusive: Reliance JioMart lays off 1,000 employees; govt groups may submit AI rules framework soonLayoffs have now hit Reliance Industries, with its wholesale format JioMart sacking over employees, as per people in the know. This and mor...
23 May, 2023, 09.30 AM IST
Companies relooking tech spends to get maximum value: Salesforce CIO Juan PerezSalesforce's Juan Perez, who is also responsible for the internal digital transformation at Salesforce, said internally, the company was ac...
23 May, 2023, 12.23 AM IST
What’s driving mass layoffs in the tech sector globally?The report said that almost half of those laid off belonged to the age group of 30-40 years and had an average work experience of 11.9 year...
13 Apr, 2023, 03.21 PM IST
Amazon beats Q4 revenue estimates, but profits slumpAmazon said it earned $300 million, or 3 cents per share, in the October-December quarter. Industry analysts were expecting the Seattle-bas...
03 Feb, 2023, 08.49 AM IST
Fewer Americans file for jobless benefits last weekThe number of Americans applying for jobless aid for the week ending Jan. 14 fell by 15,000 to 190,000, from 205,000 the week before, the L...
19 Jan, 2023, 08.02 PM IST
Microsoft announces third round of layoffs, to cut jobs in IT divisionAccording to reports, about five to ten per cent of employees could lose their jobs.
18 Jan, 2023, 08.07 AM IST
Amazon layoffs to impact over 18,000 employees, says CEO Andy JassyJassy said that several teams have been impacted, but the majority of role eliminations are in Amazon Stores and PXT (People Experience and...
06 Jan, 2023, 02.18 PM IST
Tech companies keep slashing jobs in uncertain 2023 economyIn November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 over the course of ...
06 Jan, 2023, 10.58 AM IST
Indian tech firms have bigger problems than the FedManaged tightly from headquarters in Mumbai or Bengaluru, Indian IT firms still have a strong labor-cost advantage when it comes to large-s...
11 Oct, 2022, 10.24 AM IST
A century of resilience helped stay the course during the pandemic: Britannia's Varun BerryI am immensely proud that our employees have been resolutely facing the pandemic and focusing on our vision to become a Global Total Foods ...
07 Jul, 2021, 09.21 AM IST
Banks face Rs 12-lakh cr hit on lost revenues, higher costs: McKinseyMcKinsey expects banks’ returns on equity (RoE) to fall to -9% by FY22 unless banks put in place several cost cutting and operational measu...
10 Dec, 2020, 08.31 AM IST
- Flextronics, Siemens lead ‘big shift’ to cloud computing
Flextronics CIO David Smoley knew he was taking risks as he handed over human resources computing tasks for his 200,000-employee company to...
09 Dec, 2010, 02.03 AM IST
- Dell to send staff on unpaid leave
Computer maker Dell Inc has asked employees to consider taking up to five days of unpaid vacation as it struggles to cut costs in the face ...
05 Nov, 2008, 12.04 PM IST