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TECH LAYOFFS
Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...- After 250 layoffs and a Nashville office shutdown, TikTok makes another big move US employees didn’t expect and it’s the same one Instagram and Amazon madeAfter laying off 250 employees and announcing the closure of its Nashville office, TikTok is making another major move affecting US staffer...
- ‘I gave up on having kids while I’m at Meta’: Employee says layoff fears derailed family plans, internet eruptsAn anonymous Meta employee has gone viral after revealing that fears of future layoffs have made her postpone having children. In a candid ...
- A US cloud computing company reports $703.1 million in revenue, then announces plans to lay off 5% of its workforceNutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and ...
- Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
- The AI layoffs are backfiring: Why companies are rehiring employees they let goCompanies are rehiring workers after AI failed to fully replace human expertise. Ford and Klarna found AI could not detect all defects or m...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- 'Millennials are getting laid off or quitting jobs, and they're happy': Viral video sparks debateA viral video highlights millennial burnout and dissatisfaction with corporate work environments. Many professionals are now voluntarily le...
- Global workforce layoffs now reach Indian shoresThe people said omnichannel retailer Walmart’s restructuring this May affected around 1,000 employees at Walmart Global Tech India, includi...
- Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
- Krutrim trims staff again, this time by another halfThe fresh job cuts come just months after ET reported on May 6 that the Bhavish Aggarwal-led startup had abandoned much of its original ful...
- Google layoff changed her life: Ex-employee says losing $200,000 job made her an award-winning actor-filmmaker with 'zero regrets'Former Google employee Trinette Faint says being laid off from her $200,000-a-year job in 2024 became the turning point that led her to pur...
- Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
- Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
- Techie, who once paid Rs 1 crore tax, breaks down on X after lay off: ‘Thank you…’A tech professional recently took to X to lament the country’s pitiable social security system. He said that even though, once he paid Rs 1...
- Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
- US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...
- Bengaluru techie was earning Rs 50 LPA. Won an award. Weeks later, he got a huge shock: ‘No meeting, no warning…’A story of a techie who lost his dream job with one cold email is going viral on X. Despite being a star employee at one of the top MNCs, h...
- Tech layoffs: California software engineer's Google dream ended in weeks, lost job before 'a single day of real work', now back at AmazonTech layoffs: Gu Yichen's brief Google employment ended abruptly after just weeks as he was laid off before 'a single day of real work'. He...
- After 12-year career, Pune techie gets laid off, decides no more IT job. His backup plan in village has three sources of incomePune-based founder Vanesh Mali shared the story of a friend who was laid off after working for more than 12 years at a major IT company. In...
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