Job Cuts

Amazon issued the pink slips before the employees reached their offices, a report by the Business Insider said

Infosys CEO Parekh says firm to continue its hiring plans even as rival TCS cuts jobs: Report

Salil Parekh said the company is focused on its reskilling program with around 275,000 already trained

Nasscom warns of workforce rationalisation as legacy IT skills face reset amid TCS job cuts

The IT sector's body urged the industry, academia and the government to collaborate in bridging this skilling divide, and including talent development as a national imperative

From cuts to comebacks: Indian startup layoffs fall 67% in H1 2025 as hiring outlook brightens

Hiring activity among startups has rebounded meaningfully across sectors by 35–40% in H1 2025, according to industry experts and recruitment platforms.

Disney lays off hundreds of employees across film, TV divisions as streaming pivot continues

A source familiar with the decision told Reuters that the latest layoffs span global teams involved in film and TV marketing, casting, publicity, and development.

Walmart layoff: US netizens accuse CTO Suresh Kumar of replacing Americans with H1-B users

After Walmart announced the layoff of 1,500 employees, a memo from Walmart CTO Suresh Kumar and US CEO John Furner stated the job cuts are part of a long-term operational strategy, not a move to bring in foreign workers.

Dailyhunt, Josh parent VerSe Innovation to lay off 350 employees amid AI pivot, cost cuts

The move comes amid a continued effort to streamline operations, cross-leverage talent across business units, and focus resources on growth segments, the company said in a statement on May 10.

EA lays off hundreds of employees, cancels Titanfall game again as gaming cuts continue

The latest round of job cuts follow an already difficult stretch for EA, which laid off over 1,100 employees in 2023.

Used car marketplace Cars24 lays off over 200 employees

This comes at a time when used car platforms have been reporting slowing growth, and are increasingly diversifying into new business verticals in a bid to spur growth.

Tata Steel Nederland's union seeks more clarity on restructuring plan

Analysts estimate that these job cuts could contribute around EUR 180 million towards Tata Steel’s overall cost saving target of EUR 500 million by FY26.

Trump administration begins mass layoffs at health agencies: Report

The cuts, which also affect the National Institutes of Health, are part of a broad plan by President Trump and billionaire ally Elon Musk to shrink staffing levels in federal departments and agencies

Zomato lets go of 600 customer support employees amid food delivery slowdown, automation push

The company had hired as many as 1,500 employees under its Zomato Associate Accelerator Program (ZAAP) a year ago in customer support roles, offering the chance to be elevated to senior positions within a year, However, a majority of these contractual workers did not get renewals at the end of their tenures.

Delhi-NCR unicorns hired more than Bengaluru, Mumbai in 12 months

More employees left unicorn startups than those who joined them between August 2023 and August 2024, with the workforce declining by around 6,700, a PrivateCircle report has said

Unilever reduces planned job cuts in Europe, shifts some employees to ice cream unit

Unilever also informed that along with shifting jobs the the ice cream unit, the company plans a freeze on hiring, and will allow natural attrition to reduce the number of employees who were impacted by the decision to reduce headcount.

Schaeffler to cut 4,700 jobs as clouds over Europe's auto sector darken

The European auto sector has been put to a test by multiple hurdles ranging from high production costs and managing the shift to electric vehicles to falling demand and rising competition from China

Airbus to lay off 2,500 as it tries to turn around its space and defense division

Airbus said it would implement other organizational changes as it faces ongoing challenges in the defense and space sector, including disrupted supply chains, the rapid evolution of warfare tactics and increasing costs.

Cash-strapped Pakistan cuts 150,000 jobs, dissolves 6 ministries as part of IMF deal

The International Monetary Fund on September 26 finally gave a nod to the assistance package and also released over USD 1 billion as the first tranche after Pakistan committed to cut expenditures, increase tax-to GDP ratio, tax non-traditional sectors like agriculture and real estate, limit subsidies and transfer some fiscal responsibilities to provinces

IBM to close China R&D department, affecting over 1,000 jobs: Report

The decision comes amid the company's struggles with falling demand for its hardware and challenges in growth markets like China

‘More tough days ahead’…Read Intel CEO’s memo to employees on cutting 15,000 jobs

The company plans to deliver $10 billion in savings by 2025. As a result, 15% of the total workforce is being reduced.

Not Cool! Agritech startup WayCool fires over 200 employees in third round of layoffs in 12 months

In a related development, BP Ravindran, who was appointed CEO of Waycool's FMCG entity-BrandNext in April last year, has exited the company, per sources.

Unilever to cut a third of office jobs in Europe

"We are now, over the next few weeks, starting the consultation process with employees who may be impacted by the proposed changes," a spokesperson for Unilever said in an email.

Big Tech hiring shows signs of recovery in India, six months after hitting record low

In December 2023, FAAMNG companies’ active job openings in India had plunged to a record low of 200, compared to 8,000-12,000 openings seen on average in a good hiring season, data from Xpheno showed.

Vishal Kal from Netflix's 'Indian Matchmaking' says his US firm laid him off to hire 'Indians from India'

Vishal Kalyanasundaram claimed he even offered to move back to India to save his job but was informed that the company was replacing the entire team with that of 'Indians from India' with much lower salaries.

'You have not one time taken responsibility': Employee tells Fisker CEO after being laid off

The general gist of the meeting was Henrik (Fisker) saying 'These are not my layoffs,' another employee, who was a part of the meeting said. He too realised shortly after the meeting that he was laid off.

More layoffs at Tesla! EV major gives pink slips to staff in software, service teams

Last month, the electric vehicle maker had announced a 10 percent reduction in its global workforce, following which the firm fired senior executives and nearly 500 team members of its Supercharger business.