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TECH LAYOFFS
Amid layoff season, this Bengaluru company is paying employees to quit and start their own business and return back if things don't work outAmid layoffs and voluntary buyout offers at global tech companies, Bengaluru-based iD Fresh Food is encouraging employees to quit and start...- Xiaomi eyes local partners; Electronics firms target AI infraXiaomi is looking for local partners as it plans to manufacture home appliances in India. This and more in today’s ETtech Top 5.
- Tech layoffs were just the start: 1.6 million more US job cuts could push America toward recessionUS technology layoffs have crossed 200,000 in 2026, with Google, Microsoft, Amazon and other major companies cutting jobs. But the bigger c...
- Qualcomm layoffs severance package: 3 months' salary, extra payout based on years of service & one more month's pay for signing exit papers within 3 days; what employees are being offeredQualcomm has reportedly begun laying off employees in India as part of a global workforce restructuring exercise that could affect around 1...
- It's the ecosystem, stupid! Anand Mahindra celebrates India's rise to the top 3 in the AI race, beating the UK, Japan and South KoreaAnand Mahindra has welcomed India's rise to the top three in Stanford's global AI vibrancy rankings, ahead of countries such as Japan and S...
- Tesla Cybertruck discontinued: Elon Musk suffers big setback after spending $446 million backing Republicans who lost in midtermCybertruck cancelled: Tech billionaire Elon Musk is facing new business challenges as Tesla plans to wind down Cybertruck production. After...
- Canva layoffs 2026: CEO Melanie Perkins plans to give away 80% of her billion-dollar fortune as company announces 22% job reductionsCanva CEO: Canva CEO Melanie Perkins has drawn attention amid the company's decision to cut 1,271 jobs, affecting 22% of its workforce. Per...
- Why Big Tech companies Microsoft, Google, Meta and others are opting for voluntary buyoutsIn response to fluctuating market demands, Meta has rolled out voluntary exit packages in France aimed at workforce restructuring. This ini...
- First husband, then wife lose their tech jobs in US, newborn baby at home and healthcare coverage worries. Heartbreaking post highlights growing anxiety among tech workersHa Nguyen, a founder and managing partner, shared the heartbreaking story of a US-based tech couple who lost their jobs one after another w...
- Canva to cut about 22% of staff as growth slowdown triggers restructuringAustralian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restr...
- US Treasury yields climb as strong jobs data, midterm polls weigh; 10-year yield eyes 5% againUS Treasury yields climbed as stronger than expected September jobs data pointed to a resilient labour market, while investors awaited the ...
- Krafton steps up India bets to build next global gaming franchise beyond PUBGKrafton Inc. is actively investing in India's gaming industry to fuel its growth and develop new titles. The company aims to expand beyond ...
- Canva may announce another round of layoffs in November, report claims; hiring freeze also possibleCanva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the t...
- L&T pushes IT and engineering arms to accelerate growth beyond 15%Larsen and Toubro is focusing on raising revenue growth in its services arms, LTM and LTTS. Currently, these companies grow at about 10-11 ...
- IIT and IIM graduates shun startups as AI jobs gain appeal amid rising startup activity in IndiaOnly 79 IIT alumni and 20 IIM alumni launched new tech startups between January and August this year, compared to 307 IIT graduates and 71 ...
- Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact...
- Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
- Amazon announces second round of layoffs this month, cuts 250 jobs in devices unitAmazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cu...
- Innodata layoffs: AI data services company fires 550 employees in IndiaAround lunchtime on Monday, employees began losing access to company systems and received termination emails on their personal accounts, th...
- 'Involuntary entrepreneur era': Tech veteran's warning to IT workers as Microsoft offers buyouts to 60,000 employeesMicrosoft’s voluntary buyout offers to around 60,000 employees have raised concerns about job security across the technology sector. Tech v...
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