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Air India board to review losses on May 7, cost-saving plans and CEO hunt in focus

Air India’s board will meet on May 7 to review cost-saving measures, discuss CEO succession plans and consider the airline’s FY26 financials as mounting losses and the Middle East conflict intensify pressure on the Tata Group-owned carrier, PTI reported.Sources told news agency PTI that the board, chaired by Tata Sons Chairman N Chandrasekaran, is scheduled…

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2025 layoffs aren’t your regular cost-saving job cuts: Why reskilling alone can’t be your saviour

2025 Layoffs Show Why AI Workflow Skills Trump Simple Reskilling. (Getty Images) The world’s biggest employers are back to cutting costs—and the deepest cuts came in September–October 2025. In tech alone, the global tracker Layoffs.fyi shows 112,732 people laid off across 218 companies in 2025. The names behind those cuts are the same companies students…

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Renault considers 3,000 job cuts under cost-saving plan, eyes efficiency in support functions: Report

French automaker Renault is planning to reduce about 3,000 jobs through a voluntary redundancy programme for staff in support function; Reuters reported on Saturday citing French newsletter L’Informe. The cost-cutting initiative, named “Arrow,” targets human resources, finance, marketing, and other support services, aiming to lower staff numbers by roughly 15% at its headquarters in Boulogne-Billancourt…

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