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A new study by the Indian Council for Research on International Economic Relations (ICRIER), supported by OpenAI, has sought to ease concerns about large-scale job losses due to artificial intelligence.According to the report, generative AI is not triggering mass layoffs in India’s IT sector at present. Instead, it is reshaping how work is organised, improving…
Meta has confirmed it will not repeat last year’s company-wide performance purge, assuring employees that the bottom 5% cull is not an annual initiative. This comes after recent layoffs in its Reality Labs division, which has incurred significant losses. The company is now shifting its focus and investment towards AI research. Meta has told employees…
We are in the middle of the second month of 2026 and nearly 30,000 jobs have been cut across the global tech sector in the first 40 days of the year. Online retail giant Amazon accounted for the single largest layoff in 2026 after the company announced to cut about 16,000 roles in late January….
Salesforce has reportedly reduced its workforce at the start of this month. According to Business Insider, the company has cut nearly 1,000 jobs. Impacted teams include marketing, product management, data analytics, and Salesforce’s Agentforce AI product that Salesforce CEO Marc Benioff has previously said “is part and parcel of Salesforce”. In an interview with CNBC’s…
Will Lewis, publisher and CEO of The Washington Post (AP file photo) The Washington Post’s publisher and CEO Will Lewis resigned on Saturday, just days after laying off 300 journalists. His sudden departure comes amid strong criticism from staff over his handling of the newspaper’s financial troubles and recent mass layoffs. Jeff D’Onofrio, the company’s…
Meta is cutting over 100 jobs in its San Francisco Peninsula offices, redirecting metaverse investment towards wearable technology. This move follows earlier reductions and a broader company strategy to become leaner and more productive, leveraging AI for increased output. Facebook parent Meta has announced that it will cut 102 more jobs at its San Francisco…
Amazon recently announced that it is shutting down its Amazon Fresh supermarket chain. The decision of the company to shut down the Amazon Fresh stores will lead to thousands of job cuts across the US. Last week, the e-commerce major announced that it will close around 60 Fresh stores which will put an end to…
Pinterest has fired several engineers who created an internal software tool to track layoffs at the company, according to reports. This move came into light after employees attempted to quantify job cuts following Pinterest’s January 27 announcement that it would layoff less than 15% of its workforce and reduce office space as part of a…
Amazon has executed a massive round of corporate job cuts last week – second biggest layoff in less than six months – eliminating 16,000 roles. Even as the company’s offices reel from the loss of staff, leadership is urging remaining employees to “take care of each other” and more importantly, lean heavily on technology to…
The US job market faces a brutal start to 2026 with nearly 6 lakh jobs already gone, driven by massive layoffs at companies like Amazon and UPS. This wave of job cuts, significantly higher than last year, is fueled by automation and AI, impacting various sectors beyond tech. The year has barely started, and the…
