Layoff

He worked through Holi and Diwali, birthdays and anniversaries, stayed on call during vacations and even logged in from a hospital while his wife underwent surgery. After 12 years at Oracle, Pooja Sahu said her husband, Sourabh, found himself among those impacted by the technology giant's latest layoffs. The most painful part, perhaps, was that he found out he had lost his job when he could no longer log into his work system. "This post is for everyone who works day and night to provide for their families, especially amid visa uncertainty, yet still gives their best every day," she wrote. Sahu's account is among a wave of emotional posts that have surfaced on social media over the past hours around the latest job cuts at Oracle, with employees, their relatives and friends penning accounts of sudden exits, uncertainty, and careers suddenly upended. The individuals concerned could not be reached immediately, and the personal accounts shared by family members and friends could not be

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

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.

How to pare discretionary expenses, handle investments and debt, and migrate from a group to a personal health insurance policy

Claire Stapleton's Don't Be Evil recounts her 12 years at Google, the 2018 employee walkout and her growing disillusionment with the company's culture and corporate values

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

ICICI Bank, Axis Bank and Kotak Mahindra Bank reported lower attrition in FY26, while HDFC Bank saw a marginal rise as technology and digitisation reduced headcount

The layoffs come as Amazon reorganises its Artificial General Intelligence (AGI) business, consolidating teams and redirecting resources towards projects with the greatest customer impact

Samsung has cut jobs in its US consumer electronics business as it relocates its headquarters to Texas while prioritising growth in AI-driven chip operations

A group of 26 Meta employees has sued the company, claiming it used artificial intelligence systems to select people for layoffs, disproportionately targeting those on medical, parental or family leave. They are among the 8,000 employees, or about 10 per cent of its workforce, Meta said it would lay off in May. The lawsuit filed late Monday in federal court in Oakland, California, claims the company used internal AI systems, keystroke and activity-monitoring data, AI token-usage dashboards and algorithmically assisted performance rankings, among other methods, to determine who would be laid off. Many of these scores and ratings "by design, cannot be accumulated by an employee who is on protected medical or family leave, or whose output is reduced by a disability," the lawsuit says. Meta, according to the lawsuit, did not account for protected leave when taking employees' scores into account and "did not pause the system for the individualised, leave- and accommodation-neutral review

Layoffs reflect rising concerns over AI-driven job displacement in entry-level and back-office roles, alongside growing US policy pressure to shift more work onshore

London-headquartered bank said it would cut corporate functions roles by more than 15 per cent by 2030 and scale practical uses of AI to streamline processes

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

Cloudflare is set to cut more than 1,100 jobs globally, reducing about 20 per cent of the workforce, as it restructures operations around adopting artificial intelligence tools.

The development comes at a time when Adda247, which has raised around $67 million to date, is preparing for a public listing over the next 12 to 18 months

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 .

The activist investor has an economic interest of about 2.5 per cent in the company

While the cuts are company wide, they will fall particularly hard on the marketing department, which is being consolidated under Asad Ayaz, who was appointed chief marketing and brand officer in Jan