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WORKFORCE REDUCTION NEWS
United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
Robinhood Layoffs 2026: US fintech company lays off 10% of its workforce, CEO says "business has never been stronger"Robinhood Layoffs: Financial services firm Robinhood is laying off approximately 290 employees, about 10% of its workforce, as part of a re...
BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and whyBBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider ...
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...
AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...
Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
‘She helped build the AI that replaced her’: Viral Meta layoff post sparks fear over future of white-collar jobsMeta layoffs: Meta's recent 8,000 job cuts coincide with a significant shift of over 7,000 employees to AI roles. A viral post alleges empl...
US stocks today: S&P 500 rises on Mideast peace hopes as oil prices dipUS stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S...
Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
Work From Home for IT employees soon? Read NITES full letter in which IT union has urged govt to issue mandatory WFH advisoryThe Nascent Information Technology Employees Senate (NITES) has urged the Union Labour Ministry to issue an advisory for mandatory work-fro...
US Stock Market: Meta raises $25 billion via bond sale to fund AI expansionMeta Platforms has secured $25 billion in investment-grade bonds to fuel its aggressive expansion in artificial intelligence infrastructure...
Meta layoffs confirmed: 8,000 jobs slashed, 6,000 roles frozen – reason behind the move, timeline and severance details explainedMeta layoffs latest update: Meta Platforms is preparing to lay off approximately 10% of its workforce, impacting around 8,000 employees on ...
Meta tells staff it will cut 10% of jobs in push for efficiencyMeta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction...
He was laid off from Snap two years ago. Though sad, he looked forward to new possibilities and more family time. What is he doing now?The company that operates Snapchat has unveiled another large-scale downsizing move. In an official update, Snap Inc. stated on Wednesday t...
Snap layoffs: Company may cut up to 1 in 5 jobs; Perplexity integration called offSnap Inc. is reportedly planning substantial job cuts, potentially impacting 15-20% of its workforce, as reported by Alex Heath. While some...
Atlassian layoffs: 10% of total staff to be affected in AI pivot; 16% of those impacted are in IndiaAtlassian layoffs India: Atlassian layoffs IndiaThe company said 40% of affected employees are in North America, followed by 30% in Austral...
WiseTech Global to cut 2,000 jobs in sweeping AI-driven restructuring, marking one of Australia’s largest automation-led workforce reductionsWiseTech Global is set to reduce its workforce by up to 2,000 employees. This significant job cut, nearly a third of its global staff, is p...
‘Workforce adjustment notices’ reach Health Canada as thousands of federal workers’ jobs are at riskThousands of federal workers in Canada face potential job cuts. Many have received notices warning of layoffs. This comes as the government...
Dr. Reddy’s Laboratories shares in focus on denial of workforce reductionDr. Reddy’s Laboratories shares: In a regulatory filing, the pharmaceutical giant addressed a Business Standard article dated April 13, whi...
- Bic to cut 600 jobs worldwide
The French comsumer products group Bic announced on Wednesday it would slash 600 jobs worldwide, mainly in the United States and southern E...