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TELECOM LAYOFFS
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Amazon layoffs: More jobs slashed after 30,000 roles cut in recent monthsAmazon has announced fresh job cuts in its Selling Partner Services division. This move follows a recent review aimed at improving efficien...
Why US stock market Dow Jones, S&P 500 and Nasdaq are surging big today: Dow jumps 350 points, Nasdaq jumps 250 points as Intel hits all-time high driving the rallyUS stock market surges today: why Dow Jones, S&P 500, and Nasdaq are rallying sharply despite global tensions? The Dow Jones Industrial Ave...
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...
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...
Telefonica proposes laying off more than 5,000 workers in Spain, union saysTelefonica has proposed laying off 5,040 employees in Spain as part of a new cost-cutting strategy, impacting 41% of its Telefonica de Espa...
Nokia to sack 14,000 workers amid falling sales. Know its business strategyOnce the biggest manufacturer of mobile handsets, Nokia suffers from a slowing down of demand and falling sales. It has decided to cut the ...
Ticketing service provider Eventbrite to lay off 8% of workforce, relocate roles to India, SpainEventbrite joined a growing list of tech firms that have resorted to mass layoffs amid global economic downturn and recessionary fears. Eve...
Ericsson to lay off 8,500 employees, says memoOn Monday, the company, which employs more than 105,000 worldwide, announced plans to cut about 1,400 jobs in Sweden.
Telecom gear maker Ericsson to lay off 1,400 employees in SwedenThe company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets,...
Global tech layoffs won't hit telecom projects: staffing companiesAlug said he expects the hiring of specialists and experienced professionals in the telecom sector to increase in the coming quarters, sinc...
Telecom is reeling under mass layoffs. Casualties so far: 75,000 jobs & countingPlayers are shutting shop, shrinking operations and shedding flab in terms of both permanent and contract employees to run a tight ship.
Middle-level telecom employees should be the most worriedAccording to a staffing expert, most of the cuts will be in the tech & engineering side, which typically command salaries between Rs 40,000...
What if your company shuts down? How employees can survive sudden layoffs without tearsSuddenly, a large number of people start chasing a limited number of jobs. This not only brings down your bargaining power but can also mea...
Here's what could happen to the 5,000-odd staff of Tata Teleservices after the Bharti saleThough more than 4 crore TTSL customers will join Bharti Airtel, there is uncertainty over the fate of its 5,101 employees.
- Mass layoffs in IT and telecom spook job market in India
Alcatel-Lucent, Nokia to operate separatelyIn India, Alcatel-Lucent will continue its focus on IP optics, software and fixed-line business as they will be complementary to its acquir...
- ET in the classroom: The anatomy of layoffs
Several companies, banks and financial institutions across the world resorted to layoffs during the slowdown
- Telecom players like Tatas, Etisalat, Loop Telecom hiring slumps, layoffs becoming common
The telecom industry is headed towards a huge shakeout and consolidation is expected that will reduce the number of players to 4-5 from the...
- US employers announce a combined 20,000 jobs cuts
A round of more than 15,000 layoffs announced by AT&T Inc, DuPont and Viacom Inc suggests a yearlong wave of US job cuts is accelerating, j...