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TECHNOLOGY COMPANIES LAYOFFS
Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...22 Oct, 2026, 06.00 AM IST- Bola Sokunbi started investing during a recession in 2007; about 10 years later, her portfolio had crossed $1 millionBola Sokunbi saved $100,000 within three years of graduating and kept investing when markets fell in 2007. About a decade later, her portfo...20 Oct, 2026, 11.31 PM IST
- Who is Tyler Shultz? The whistleblower who led to the toppling of Elizabeth Holmes’ $9 billion Theranos touted to become the ‘Apple of healthcare’Tyler Shultz became a whistleblower exposing Theranos, which was founded by Elizabeth Holmes in 2003. Holmes claimed Theranos could revolut...20 Oct, 2026, 01.16 PM IST
- Infosys, TCS and Cognizant cut H-1B lottery registrations as Trump tightens US visa rulesInfosys, Tata Consultancy Services (TCS) and Cognizant registered far fewer candidates for the US H-1B visa lottery for fiscal year 2027, a...19 Oct, 2026, 04.07 PM IST
- Netflix layoffs: 1,000 employees eliminated ahead of quarterly earnings results; biggest cut since 2022After a challenging year at Wall Street, Netflix lays off around 1,000 employees, comprising about 6% of its total workforce. The impact wi...15 Oct, 2026, 10.52 AM IST
- Netflix layoffs: Senior designer laid off after launching two projects ‘from 0 to 1’, shares career updateSenior Product Designer, at Netflix, Heather Noddings has lost her job amid the streaming giant’s layoffs. Based in Los Angeles, she announ...15 Oct, 2026, 09.33 AM IST
- Netflix layoffs: Employee loses job after 12 years, says ‘it’s hard to put into words’, after 1,000 workers are laid offNetflix is laying off nearly 1,000 employees, around 6% of its workforce, amid organisational changes. Adam Mulder, who spent 12 years at t...15 Oct, 2026, 09.33 AM IST
- Skyroot eyes funding boost; MDR deferment cheers D2C brandsHappy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Di...15 Oct, 2026, 07.52 AM IST
- 12,700 tech professional return from US in 9 monthsThe data sourced from staffing firm Xpheno shows that the numbers have been steadily going up, from 7,200 in 2023 and 9,800 in 2024. The fi...15 Oct, 2026, 06.00 AM IST
- Netflix lays off 6% of its workforce: Employee shares why he feels ‘relieved’: ‘I have no idea…’Netflix has slashed about six percent of its workforce – this has impacted more than 1,000 employees in total. Taking to Reddit, one Reddit...15 Oct, 2026, 12.16 AM IST
- Netflix announces its biggest layoffs to date, to fire 6% employees. Read the full letter of co-CEOs to staffIn a strategic move amid declining subscriber numbers, Netflix announced the layoff of approximately 1000 employees, making up about 6% of ...14 Oct, 2026, 08.30 PM IST
- China solar giants shed another 40,000 jobs last year as overcapacity persistsChina's leading solar manufacturers have cut their workforce by 21% as they continue to face financial challenges. Despite increasing deman...14 Oct, 2026, 12.37 PM IST
- AI skills redraw entry-level jobs map as IT-BPM fresher hiring reboundsCompanies are moving beyond bulk recruitment and willing to pay a premium for AI-native talent as routine work gives way to specialised rol...14 Oct, 2026, 11.45 AM IST
- Sridhar Vembu net worth: Zoho co-founder who built a multi-billion dollar business ranks among India’s richest with his siblings; his career, education and wealthSridhar Vembu Net Worth: Zoho co-founder Sridhar Vembu and his siblings have a combined net worth of $5.8 billion, according to Forbes. He ...13 Oct, 2026, 03.12 PM IST
- Kroger to cut 3,000 corporate jobs as CEO Greg Foran launches sweeping restructuring to take on rivals in the battle for cheaper groceriesKroger is embarking on a major restructuring by cutting around 3,000 corporate roles to boost operational efficiency. This strategic decisi...13 Oct, 2026, 02.32 PM IST
- Zoho skips pay hikes, cites raised AI costs and geopolitical backdropIn a recent statement, Zoho's founder Sridhar Vembu announced that the company will not implement salary hikes for its employees. This deci...13 Oct, 2026, 12.19 PM IST
- India’s AI rules take shape; TCS profit jumps 15%The government is set to release a consultation paper on AI regulations within a month. This and more in today’s ETtech Top 5.08 Oct, 2026, 07.38 PM IST
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