Layoff

Tech Mahindra denies buzz around plan to lay off 30,000 employees

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

Flipkart lays off 250-300 employees after reviewing performance

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

Oracle plans thousands of job cuts amid costly AI data centre expansion

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

Morgan Stanley lays off 2,500 employees despite record profits in 2025

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

As the AI juggernaut bites, Jack Dorsey's 'Block' to cut 4,000 roles

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

Jack Dorsey's Block to slash 4,000 jobs as it makes big bets on AI

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

AI boosts productivity, not triggering mass layoffs: ICRIER-OpenAI report

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

Over 30,000 tech jobs cut globally in first two months of 2026: Report

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 offers exit package to select GBO staff who are 'ready to move on'

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

Amid layoff talk, companies see spike in voluntary retirement expenses

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

Washington Post cuts one-third of staff, shuts sports desk, foreign bureaus

The Washington Post laid off one-third of its staff Wednesday, eliminating its sports section, several foreign bureaus and its books coverage in a widespread purge that represented a brutal blow to journalism and one of its most legendary brands. The Post's executive editor, Matt Murray, called the move painful but necessary to put the outlet on stronger footing and weather changes in technology and user habits. "We can't be everything to everyone," Murray said in a note to staff members. He outlined the changes in a companywide online meeting, and staff members then began getting emails with one of two subject lines - telling them their role was or was not eliminated. Rumors of layoffs had circulated for weeks, ever since word leaked that sports reporters who had expected to travel to Italy for the Winter Olympics would not be going. But when official word came down, the size and scale of the cuts were shocking, affecting virtually every department in the newsroom. "It's just ...

Boeing to cut around 300 defense supply chain jobs across multiple sites

The latest employment adjustments are rattling some employees and angering union officials at a time when Boeing leaders are trying to rebuild the company's culture

Washington Post to cut one-third of staff as company begins major layoffs

The Washington Post says one-third of its staff across all departments, not just the newsroom, is being laid off. The troubled Post began implementing large-scale cutbacks on Wednesday, including eliminating its sports department and shrinking the number of journalists it stations overseas. The changes were announced in a Zoom meeting with staff on Wednesday by executive editor Matt Murray. Staff members in the newsroom were told they would be getting emails with one of two subject lines, announcing that the person's role has or hasn't been eliminated. A total number of layoffs was not announced in the call. The newspaper's books department will be closed, and its Washington-area news department and editing staff will be restructured, Murray told staff members. Its Post Reports podcast will be suspended. Murray acknowledged that the cuts will be a shock to the system but said the goal is to create a Post that can grow and thrive again. The moves were expected for several weeks, si

Big tech layoffs: Why is Oracle planning to slash 30,000 jobs? | Data centres | Business news

US software major Oracle is considering its biggest round of layoffs in years, as financing pressure mounts around its ambitious AI data centre expansion.

Oracle plans 20,000-30,000 job cuts to fund data centre expansion

Employees linked to data centres and non-core units are likely to be most at risk

Ola Electric to cut 5% of workforce amid automation, profitability push

Ola Electric said it would lay off around 5 per cent of its workforce as part of a restructuring aimed at boosting profitability through greater automation

Amazon's global layoffs likely to impact nearly 500-700 jobs in India

Amazon has announced yet another round of layoffs. This time, the company is gearing up to lay off around 16,000 employees globally

Amazon plans to cut 16,000 jobs globally amid AI-driven restructuring

Amazon said US-based employees affected by the job cuts would be given 90 days to seek alternative internal roles, along with severance pay and transition support

Amazon bungles Wednesday layoff plan with misfired internal email

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

Big layoff coming: Why Amazon is cutting 14,000 jobs | Corporate jobs

Amazon is preparing another major round of layoffs, with about 14,000 corporate employees expected to lose their jobs as early as next week. This brings the total planned cuts to nearly 30,000 roles.