Adidas said the changes were intended to simplify parts of the organisation, strengthen critical capabilities and position the company for long-term success
Oracle has begun another round of layoffs after its workforce fell by 21,000 in financial year 2026, as the software giant ramps up spending on AI data centres and infrastructure
More than 128,000 tech jobs have been cut globally in 2026, surpassing last year's total, as companies including Oracle, Amazon, Dell and Uber restructure and boost AI spending
Samsung India's job cuts span multiple levels, with director-level officials, team leads, branch managers and area managers among those affected
The layoffs come as Amazon reorganises its Artificial General Intelligence (AGI) business, consolidating teams and redirecting resources towards projects with the greatest customer impact
The software giant is cutting 2.1 per cent of its workforce as it invests heavily in AI infrastructure and seeks to improve efficiency across its businesses
The estimates are based on survey data in February involving more than 23,000 US workers, including 660 respondents who reported being unemployed after their jobs were eliminated
As the model shifts to AI-led transformation, the $300 bn sector will see more M&As, consolidation & layoffs
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?
Cognizant plans layoffs and restructuring under Project Leap, focusing on AI-led transformation, productivity gains, and cost savings amid a challenging macro environment
The workers most at risk are not necessarily those whose tasks can be replicated by AI. They are those who wait for pressure to arrive from outside rather than getting ahead of it now
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
Oracle has eliminated nearly 30,000 jobs globally as huge investments in AI data centres and infrastructure strain its finances despite strong revenue growth
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
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
The email sent on Tuesday signed by Colleen Aubrey, senior vice president of applied AI solutions at AWS, wrongly said that impacted employees in the US, Canada and Costa Rica
Meta, Citigroup and BlackRock have announced major layoffs this month, cutting hundreds to thousands of jobs as companies restructure in 2026
From IT services giants to venture-backed startups, India's tech industry saw widespread job cuts in 2025 as AI automation, gaming regulation and cost pressures reshaped hiring
As the economy struggles to move from lower-middle to higher-middle income, AI is threatening its biggest advantage: the youth bulge it enjoys against other countries that are rapidly aging