Job Cuts

Adidas said the changes were intended to simplify parts of the organisation, strengthen critical capabilities and position the company for long-term success

Samsung India's job cuts span multiple levels, with director-level officials, team leads, branch managers and area managers among those affected

Jaguar Land Rover plans a voluntary redundancy programme as it targets 1.7 billion euros in savings over two years and seeks to lower its break-even point

Volkswagen's board of directors on Thursday approved a sweeping cost-cutting plan that would see 50,000 jobs cuts, slim its model line by half and end auto production at four German plants. On top of 50,000 job losses already previously agreed, the company would lose 100,000 positions. The plan put forward by CEO Oliver Blume to counter low-cost competition in China and headwinds from US tariffs overcame resistance from employee representatives and the regional government, which holds a stake in the company.

Apple is also laying off employees in its Intelligent Systems Experience, a team within its software engineering organisation responsible for some of the AI features on its devices

Nearly 40% of Bengaluru tech centre's workforce laid off in first major retrenchment since 2015

Volkswagen CEO Oliver Blume intends to reduce investment by around 15% to just over €130 billion ($148 billion) over the next five years

The company said it was making strategic investments in silicon, optics, security and employees' use of AI across the company, as it reduces roles in some areas

The internet infrastructure and cybersecurity company plans to cut more than 1,100 jobs globally

The debate started in February after Block Inc., the owner of Square and Cash App, announced it would cut a whopping 50 per cent of staff, citing a secular change in how AI affects its operations

After massive layoffs in the IT sector, are banks next? From Axis Bank to HDFC Bank, early signs of job cuts are emerging. Why are banks cutting jobs even as they expand?

Big Tech layoffs intensify as companies ramp up AI investments, cutting over 92,000 jobs in 2026 while hiring sentiment weakens amid ongoing workforce rationalisation

Meta told personnel in an internal memo on Thursday that it planned to cut 10 per cent of workers, or roughly 8,000 employees, starting on May 20

Salary delays have stretched to months while fleet size has dropped, pushing the cash-strapped airline to seek govt funding as competition, operational constraints intensify, a media report said

The BBC said Wednesday that it plans to cut up to 2,000 jobs to save 10% of its annual budget - 500 million pounds ($677 million) - over the next two years. The layoffs announced during a call with staff are the biggest in more than a decade at the UK national broadcaster. "I know this creates real uncertainty, but we wanted to be open about the challenge," interim Director-General Rhodri Talfan Davies said in a staff email. Davies said that the reductions were driven by inflation, pressures to license fee and commercial income and a turbulent global economy. The BBC said earlier this year that it faced "substantial financial pressures" and wanted to cut about a tenth of its budget by 2029. The bulk of the cuts are to be made in the next fiscal year beginning April 1, 2027. The cuts come as former Google executive Matt Brittin is scheduled to take over as director-general next month. He will fill the vacancy left after Tim Davie, and head of news Deborah Turness resigned over a .

Starting in Firozabad, where cooled furnaces and scattered shards of glass mirror fragile livelihoods, this six-part series traces the ripple of the West Asia war across India

Tech giant joins industry peers in pivoting towards AI infrastructure, triggering a massive workforce restructure across global and Indian operations

Impacted employees were informed that they could be laid off, subject to a redundancy consultation, according to a memo to staff

Infosys founder dismissed fears of AI-led job losses, saying technology shifts have historically generated new opportunities and demanded continuous learning and adaptability

The reduction in force, which was announced in a shareholder letter on Thursday, comes after rolling job eliminations that have often been tied to annual performance reviews