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WORKFORCE REDUCTION
Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employeesUber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of ...04 Jun, 2026, 01.50 AM IST- The MIT professor who taught the math behind every AI tool for 61 years gave the world something most universities never wouldProfessor Gilbert Strang taught linear algebra for 61 years. His free online lectures, part of MIT OpenCourseWare, reached millions globall...03 Jun, 2026, 04.28 PM IST
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...03 Jun, 2026, 01.43 PM IST
- Social Security disability benefits under pressure: Why 7,100 SSA layoffs could reshape disability claims in 2026More than 7,100 Social Security Administration jobs have disappeared, marking the largest workforce reduction in agency history. The move c...03 Jun, 2026, 12.59 AM IST
- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...01 Jun, 2026, 10.07 PM IST
- Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s whyMorgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new e...01 Jun, 2026, 04.37 PM IST
- Street vendors earn more, go digital under PM-SVANidhiThe PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reachin...01 Jun, 2026, 12.35 AM IST
- Sikkim govt revokes odd-even restrictions for private vehicles across state, Gangtok excluded from relaxationThe Sikkim govt has lifted odd-even vehicle restrictions across most districts. This decision comes as fuel stocks are now sufficient. Howe...31 May, 2026, 05.20 PM IST
- Trump federal employee layoffs: Why are hundreds of fired government workers still unemployed one year after mass probationary firings?More than 300 fired federal employees across 43 states say the 2025 Trump administration layoffs still haunt their lives. Many remain unemp...28 May, 2026, 09.12 PM IST
- Labour Code set to bring long-term gains, but transition may test India IncIndia's new labour laws promise easier business operations ahead. However, companies face a complex transition period. Navigating different...28 May, 2026, 01.32 PM IST
- 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...28 May, 2026, 07.52 AM IST
- 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...27 May, 2026, 07.35 AM IST
- Meta India cuts around dozen jobs; ad sales, marketing roles take a hitAccording to industry estimates, the company has about 400 employees, though it does not reveal country-specific workforce numbers. Meta re...27 May, 2026, 06.01 AM IST
- Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...26 May, 2026, 07.10 PM IST
- AI takes the wheel for smarter factory floorsManufacturers are repurposing AI as a tool for faster execution in a twist to the industrial AI playbook.26 May, 2026, 04.19 PM IST
- 'More AI, fewer bankers': CEO of US' largest bank JP Morgan Jamie Dimon's remarks hint at a shift in Wall Street trendJPMorgan Chase CEO Jamie Dimon suggests artificial intelligence will significantly reduce jobs at the bank. The company plans to hire more ...22 May, 2026, 02.24 PM IST
- Mark Zuckerberg says he feels 'weight' of Meta layoffsMeta is laying off approximately 8,000 employees, about 10% of its global workforce, to redirect resources towards an ambitious artificial ...21 May, 2026, 10.47 AM IST
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