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WORKFORCE REDUCTION
Starbucks announces eighth layoffs in two years. This time those who declined from Seattle to its $100 million Nashville office are losing their jobsStarbucks announces a workforce reduction, laying off 224 corporate employees in Seattle as the company shifts its focus towards its new co...
KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffsIn a turbulent move, KPMG Australia is set to lay off around 400 employees, including high-ranking partners. This decision comes on the hee...
Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult marketKPMG Australia plans to cut about 5% of its workforce, affecting 27 partners and around 360 employees, mainly in consulting and business se...
California space station startup Vast cuts jobs after $500 million funding round as crypto billionaire Jed McCaleb’s company races to replace ISSSpaceX-linked California startup Vast has cut 46 employees, or about 4% of its workforce, months after raising $500 million. The layoffs at...
Oracle layoffs August 2026 update: Which employees are at ‘high risk’ as fresh cuts loom and what could the severance package look like?Oracle layoffs 2026: Oracle layoffs could be back, with some teams reportedly facing double-digit cuts as employees worry about job securit...
Corus layoffs: Canada’s Global News, Global BC and News 640 hit by fresh job cuts just five months after C$500M debt-restructuring bid as broadcaster faces mounting financial pressureCorus layoffs global news: Corus Entertainment has confirmed a fresh round of layoffs across its Canadian television and radio operations. ...
Countdown started: Oracle employees may be staring at another '6 am layoff notice' on September 1Oracle is allegedly gearing up for a new phase of job cuts, with managers instructed to pinpoint roles for elimination by September 1. This...
Home sales cool, prices climb: Is India's housing market getting too expensive?India's residential housing market saw sales decline by 6.1% YoY in Q2 2026, while average prices rose 1% QoQ to Rs 10,153 per sq ft. Led b...
With $9.3 billion existing Dubai investment, 55,274 jobs; new MoUs seek to expand India-UAE AI and trade tiesThe agreements were signed in Bengaluru between the Indian industry bodies and a delegation led by Dubai Chambers’ president and chief exec...
India Inc should utilise FTAs, focus on value addition, diversify export markets, says govt officialIndustry must utilize free trade agreements for expanded market access and investment. Value addition and supply chain resilience are cruci...
Top 10 private banks cut over 10,000 jobs in FY26 as AI reshapes hiringIndia's top private banks are reducing their employee numbers significantly. This workforce contraction occurred after substantial hiring i...
Oracle isn't alone: These companies have layoffs scheduled for September 2026 as AI, restructuring and cost-cutting reshape jobsIn September 2026, several prominent companies are set to implement significant workforce reductions. Both Oracle and Pinterest are letting...
The American Dream now comes with a survival guideTighter US student visa and immigration rules are making Asian students reconsider America as their preferred study destination. Growing un...
- As Opel turns to Chinese partners, its hometown frets about the future
Struggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
Oracle layoffs August 2026: ‘6am layoff email’ may hit inboxes next month on this date as managers asked for names, after 10,000+ workers were cut in MarchOracle layoffs 2026: Oracle employees could face another layoff wave on September 1, with reports suggesting 6am job-cut emails may arrive ...
Oracle plans more layoffs as AI spending surges. Is the AI jobs apocalypse finally here?Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal yea...
Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...
Nearly 32% entities expect AI to drive re-skilling over job cuts: SurveyAround 32 per cent of surveyed entities expect AI will drive significant re-skilling and job transformation rather than large net reduction...
Etsy posts strong second quarter, then cuts 12% of workforce; CEO Kruti Patel Goyal says layoffs aren't driven by AI or cost-cuttingEtsy is reducing its global workforce by approximately twelve percent. This significant restructuring impacts around two hundred twenty emp...
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 ...