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TECH SECTOR JOB CUTS
Singapore court stays order to jail Byju’s founder, lawyer saysSingapore's high court has granted a stay on a six-month jail term for Byju's founder, Byju Raveendran, who was sentenced for contempt. Thi...- Prince William says UK homelessness 'preventable' with AIPrince William announced at London Tech Week that AI technology can prevent homelessness in the UK. His charity, Homewards, launched a data...
- Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...
- Asian stocks decline, oil prices gain as US hits IranAsian markets saw a decline as technology shares faced renewed selling pressure. Tensions in the Middle East intensified following US strik...
- 'If America won't get Indian brains...': Former Meta executive and founder warns US on H1B visa, says jobs would go to Bangalore anywayA federal court struck down a $100,000 H-1B visa fee. Former Meta engineer Zach Wilson praised this, highlighting the talent pool in India....
- EV, FinTech jobs set to deliver biggest raisesIndian employees can anticipate salary increments of 8.6% to 10.2% in FY2026-27, with EV infrastructure, fintech, and healthcare sectors le...
- Geopolitical shifts to boost indigenous tech, five-fold jump in job creation in defence sector: SurveyIndia's defence sector is set for major growth. Indigenous technology adoption will surge, reaching USD 36.45 billion in three years. This ...
- Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jittersEuropean shares hit a two-week low as Middle East tensions and a global AI stock selloff weighed on the market. Crude oil prices surged ove...
- Despite an Amazon offer, techie says applications still end in rejection: Reddit explains how to leverage engineer role for better opportunitiesSoftware engineers with an Amazon India offer are still facing rejections from other tech firms. A Reddit discussion revealed that even a p...
- Six-figure salary, MNC job but still driving taxi: Bengaluru techie left surprised after realising who is driver wasA Bengaluru software engineer was surprised to discover that his Rapido bike taxi rider was also a software developer working at a multinat...
- Wall Street Week Ahead: Blockbuster SpaceX IPO set to test high-flying US stocks rallySpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching clos...
- US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fearsWall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. ...
- Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
- Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
- 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...
- Canada says AI strategy will help create 250,000 jobs, boost GDP by 3%Canada has unveiled a new artificial intelligence strategy. This plan aims to create 250,000 jobs by 2031. A new C$500 million tech fund wi...
- From comfortable MNC job to daily regret- Techie's new job move backfires fast: 'I hate it here'A Gen AI engineer expressed deep regret after leaving a comfortable MNC job for a startup, despite a significant salary increase. He found ...
- Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
- What tech companies won't tell you about hiring after 40? What to do if laid off at work
- HUL cuts permanent employee count by 8.6% in FY26Hindustan Unilever has reduced its workforce in fiscal year 2026. The company saw a decline in both permanent employees and workers. This m...
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