Latest News, Updates & Breaking Headlines
Intel is laying off over 2,000 employees across the U.S. as part of a cost-cutting strategy, significantly impacting Oregon and Arizona. Tech layoffs have crossed 1 lakh in 2026, with LinkedIn the latest big name to join the cull. But for engineers worried about being next, here are jobs that are surviving the AI shake-up—and…
Amazon has announced another round of job cuts, this time affecting its Selling Partner Services division after cutting around 30,000 jobs in the last six months. This division works closely with millions of third-party merchants on onboarding, logistics and account support. According to a report by Business Insider, a company spokesperson confirmed that that the…
Zoho founder Sridhar Vembu recently replied to a post by Meta engineer Arnav Gupta which said that job cuts will continue till one learns to use artificial intelligence (AI) tools. Agreeing with Gupta’s views, Vembu shared the post on his timeline writing “Important post from Meta engineer Arnav Gupta on all the AI-led layoffs”. Vembu…
NEW DELHI: In a morale booster for employees, lossmaking Air India on Friday said it does not anticipate any layoffs even as the airline has been battling a series of black swan events for a year now. However, annual increments “will be deferred by at least one quarter in light of the uncertain economic environment”….
More than 92,000 tech workers have been laid off in 2026, according to Layoffs.fyi. With these new figures the total count of laid off employees reached nearly 9,00,000 since 2020. As reported by CNBC, the recent job cut announcements made by Meta and Microsoft, which together could eliminate more than 20,000 jobs, underline the growing…
Air India has told employees that it does not anticipate layoffs despite mounting financial pressures linked to the Middle East conflict, while also directing teams to sharply reduce costs and suspend discretionary spending.During a townhall meeting on Friday, Air India chief human resources officer Ravindra Kumar GP assured staff that job cuts were not expected…
Cloudflare is cutting more than 1,100 jobs across the world, according to a memo sent to staff on May 7. The cybersecurity company said that the layoffs are part of a sweeping reorganisation to prepare for what it calls the agentic AI era. As reported by Business Insider, the layoff announcement was made by the…
LinkedIn co-founder Reid Hoffman has urged caution about the growing list of tech layoffs being blamed on artificial intelligence, arguing the AI label is increasingly being used to disguise more conventional drivers of job cuts, including the hiring excesses of the pandemic era. In a post on X, Hoffman wrote: “Just a reminder that we’re…
Applications for unemployment benefits in the United States rose last week but continued to remain at historically low levels despite inflationary pressures and broader economic headwinds, AP reported. The US Labor Department said on Thursday that initial jobless claims increased by 10,000 to 200,000 for the week ending May 2. The figure was lower than…
Oracle may be facing a bank-debt “problem” due to its deal with the maker of ChatGPT, OpenAI. This comes as American banks struggle to absorb the scale of financing tied to Oracle’s data centre expansion plans. According to a recent report by The Wall Street Journal, the issue stems from a $300 billion agreement between…
