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    • Nokia plans fresh layoffs in India amid global restructuring; Samar Mittal elevated

      Nokia plans layoffs in India as part of global restructuring. Workforce cuts may mirror global 20% reduction amid strategy shift and weak performance.

    • Meta is cutting several hundred jobs amid record AI spending

      The layoffs will affect employees both in the US and other international markets, according to a person familiar with the matter

    • Flipkart lets go of 300 employees as part of annual performance review

      The Walmart-owned e-commerce firm’s latest round of exits impacts about 1.5 percent of its roughly 20,000-strong workforce

    • Bengaluru IT startup lays off 40% staff in a day, netizens say: ‘Absurd salaries are real reason’

      A viral post claimed that a Bengaluru based IT startup laid off 40 percent of its workforce in a single day, affecting even high earning employees. The incident sparked widespread discussion online about growing uncertainty in India’s tech job market.

    • Livspace shakeup: 1,000 employees fired as company focuses on AI; Co-founder Saurabh Jain quits 

      While Livspace reduces its workforce by around 12%, one of its co-founders Saurabh Jain, who was elevated from the role of Chief Business Officer (CBO) only in 2022, has also quit the company, sources told Moneycontrol.

    • Layoffs hit GCCs as auto tech firm AUMOVIO plans 1,000 job cuts in India

      With around 6,000 employees in India, the planned reduction implies that nearly 16-17% of AUMOVIO’s local workforce will be impacted, making India one of the most affected geographies in the global exercise.

    • Zupee cuts 200 jobs amid organisational restructuring

      Zupee said it intends to sharpen focus on core growth areas including culturally-rooted online social games and emerging content formats.

    • Real estate stocks fall for 7th straight day: Analysts say D-Street is factoring in a likely slump due to IT layoffs

      Realty stocks: IT layoffs are likely to be the major reason for the low demand in the luxury segment of urban centers like Bangalore and Hyderabad as they will be discouraging the high-income buyers, an analyst said.

    • Trump’s AI czar David Sacks insists recent layoffs aren’t driven by AI

      Fears that artificial intelligence is behind layoffs, as companies cut jobs around the world, are greatly exaggerated, says David Sacks. He argues human oversight remains essential and that AI isn’t the real culprit behind widespread job cuts.

    • November tech layoffs: Verizon, HP, Apple and HPE confirm thousands of job cuts

      November saw major tech layoffs as Verizon, HP, Apple and HPE cut thousands of jobs while restructuring operations and streamlining teams across the industry.

    • RMG ban impact: Flutter cuts 350 jobs at Junglee Games, redeploys 600 staff mostly to its Hyderabad GCC

      Flutter is considering whether these employees can be redeployed to support its shift to alternative business models in India or its expansion efforts in other regulated markets where its existing products can be offered, a company spokesperson told Moneycontrol.

    • RMG ban effect: Gameskraft layoffs rise to over 400 following companywide restructuring

      Gameskraft stated that India’s online gaming law has triggered a fundamental shift in the operating environment for real-money gaming companies.

    • SAS exits China after 25 years, cuts 400 jobs via video call amid rising tensions

      SAS’s exit follows a growing list of American technology firms scaling back operations in China amid rising competition and geopolitical strain.

    • Around 300 employees impacted at Zepto amid cost efficiency drive at the quick commerce company

      A total of around 1,000 Zepto employees have been impacted since the beginning of the year, sources told Moneycontrol. Zepto is also cutting back its spends on AWS and other software and the company will go "very tight" on hiring.

    • ‘It has a human cost’: US court halts Trump’s job cuts during shutdown, calls layoffs politically motivated

      A US federal judge blocked President Donald Trump’s administration from firing over 4,000 workers during the ongoing shutdown, calling the layoffs politically motivated and “a human cost that cannot be tolerated.”

    • BNPL startup Simpl lays off 100 employees after RBI's crackdown on payments operation

      The drastic restructuring comes at a time when Simpl is grappling with regulatory headwinds. The company had around 220 employees on role and will now retain around 50-60 for payment collections.

    • As U.S. government shutdown looms, Trump warns of mass layoffs

      The U.S. faces a shutdown after Senate funding talks collapsed, with President Trump warning of mass federal layoffs. Around 150,000 staff already exiting, raising fears of long-term workforce losses and service disruption.

    • Layoffs, acquisition pullbacks, slower growth: Accenture hints at grim picture for FY26

      Workforce reductions and acquisition exits come as IT demand softens; TCS also cut staff amid industry-wide caution earlier.

    • Gaming company Zupee cuts 170 jobs, offers financial assistance to impacted staff

      Zupee joins a growing list of companies that have reduced their staff in recent weeks, as the industry grapples with the fallout of India's blanket ban on real-money games.

    • A23 owner Head Digital Works cuts around 500 jobs after govt's real-money gaming ban

      Head Digital Works joins a growing list of real-money gaming companies that have carried out large-scale layoffs in the past week following the government's blanket ban.

    • After MPL and PokerBaazi parent, Games24x7 begins layoffs following govt ban on real-money games

      Games24x7, which operates the online rummy platform Rummy Circle and fantasy sports platform My11Circle, is the latest casualty of the government's ban on real-money games.

    • Nazara-backed Baazi Games to cut over 200 jobs after govt's real-money gaming ban

      The job cuts at the PokerBaazi parent firm comes after the government introduced a new online gaming law that has imposed a blanket ban on real-money games in the country.

    • MPL to significantly downsize its India workforce after govt's real-money gaming ban

      MPL and other real-money gaming firms had suspended contests and games involving money on their platforms after the Parliament passed the online gaming law that prohibits such games.

    • Dream11 co-founder Harsh Jain rules out layoffs after govt's RMG ban, says 'All the talent here is safe'

      'We are interested in building with this talent to dig ourselves out of this hole’ said Harsh Jain, the co-founder of the co-founder of Dream Sports, the parent company of embattled fantasy sports major Dream11.

    • Bengaluru-based ClearTax fires 16% of staff, freshers hit hardest: Report

      The Y Combinator-incubated startup attributed the move to an 'organisational restructuring exercise'

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