Layoff

IT employees' body NITES has exhorted tech firms to prioritise reskilling over layoffs, while calling for policy intervention to bring stronger safeguards and mandatory severance norms to protect white-collar workers, as aggressive AI build-outs by industry trigger job cuts and uncertainty for workforce. Nascent Information Technology Employees Senate (NITES) has argued that although tech profits remain strong, weakening job security raises serious questions about corporate responsibility and accountability. "First, companies must take responsibility. If they are investing in AI, they should also invest in reskilling their existing workforce," NITES president Harpreet Singh Saluja told PTI. Job cuts should be the last option, not the first, he said, urging policymakers to intervene immediately, to shield workers by enforcing clear workplace guidelines on layoffs, mandatory notice periods, fair severance, and employer accountability. "India still lacks strong legal protection for ..

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

Oracle’s global layoffs, impacting up to 30,000 employees, have now reached India, with over 2,500 jobs cut. As the tech giant doubles down on AI and data centres,

US-based IT firm Oracle is believed to have laid off approximately 12,000 staff in India, with another round of layoffs expected within a month, impacted employees said on Tuesday. Globally, the company has fired around 30,000 employees. "In India, around 12,000 employees have been laid off. The company is planning another mass layoff within a month," said two people impacted by the retrenchment, including one from the company's human resource department. The company has approximately 30,000 employees in India, including those affected by the layoffs. Oracle declined to comment on the development. Oracle, in an email sent to staff, said the employees were informed about certain organisational changes and "because of these changes, a decision has been taken to streamline the operations, and as a result, unfortunately, the position you currently hold will become redundant". The company has offered 15 days' salary to each employee who has completed a year of service in India, in add

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

Microsoft has announced major changes to its HR team, with its Chief People Officer urging employees to embrace adaptability and a faster pace amid rapid AI-driven workplace transformation

Meta had nearly 79,000 employees as of December 31, according to its annual filing

D'Amaro took over as CEO from Bob Iger on March 18

Non-client facing roles in global service centres are among those expected to be most impacted although the assessment is at an early stage

Meta is considering job cuts that could affect about 16,000 employees as the company ramps up spending on artificial intelligence infrastructure, data centres, and AI-driven tools

Tech Mahindra has denied social media claims that it plans large-scale layoffs, clarifying in an exchange filing that no such proposal is under consideration amid speculation of a 30,000 cut

Layoffs affect roughly 2% of workforce as Walmart-backed e-commerce firm tightens operations and prepares for a potential IPO

The reductions being planned are expected to be wider-reaching than the company's typical rolling job cuts

Job cuts hit bank's three major business segments: Investment banking and trading, wealth management, and investment management

Block chairman Jack Dorsey said the layoffs were not driven by financial distress but by rapid advancements and adoption of AI tools reshaping how the company operates

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

A new study by the Indian Council for Research on International Economic Relations (ICRIER) and OpenAI has sought to downplay fears over large-scale labour market disruptions from Artificial Intelligence, saying generative AI is currently not causing mass layoffs but is reshaping how work is organised, raising productivity and transforming roles. The conclusions draw from survey of 650 IT firms across 10 cities (conducted between November 2025 and January 2026), analysing shifts in hiring patterns, occupational demand, productivity outcomes, and workforce skilling. According to the study conducted by ICRIER, and supported by OpenAI, evidence from firms suggests AI is amplifying output and elevating skilled experts, and not triggering mass lay-offs. Titled 'AI and Jobs: This time is no different', the study found that generative AI is currently not causing mass job displacement but is reshaping how work is organised, raising productivity and transforming roles. Ronnie Chatterji, Ch

RationalFx report says over 80 per cent of 30,700 job cuts occurred in the US; India tops Asia with 920 layoffs as firms pivot towards AI-focused hiring

Google's chief business officer, Philipp Schindler, emailed some teams saying employees who don't feel "all in" on the company's mission can opt to leave voluntarily with a severance package

Corporate India has recorded over Rs 1,000 crore in voluntary retirement scheme expenses in recent quarters, reflecting business uncertainty, AI-led disruption and muted global demand