Layoff News
Ola Electric to lay off 5% workforce amid sales decline
Ola Electric has announced plans to lay off nearly 5% of its workforce.
Peloton trims workforce by 11% amid cost-cutting measures
Peloton Interactive Inc., the beleaguered fitness technology firm, has performed a major downsizing, cutting 11% of its workforce.
Zupee to lay off 200 employees amid real-money gaming ban
Zupee, a leading gaming and entertainment platform, is laying off around 200 employees.
Amazon to lay off 16,000 employees amid restructuring efforts
Amazon has announced plans to cut around 16,000 jobs in a major restructuring effort.
Amazon is about to layoff AWS employees worldwide soon
Amazon inadvertently suggested a new round of global layoffs through an email.
Pinterest to lay off 15% of workforce amid AI push
Pinterest has announced plans to lay off less around 15% of its global workforce as part of a major restructuring effort.
UPS to cut 30,000 jobs as it reduces Amazon deliveries
The world's largest package delivery company, United Parcel Service (UPS), has announced its plan to reduce its workforce by up to 30,000 employees this year.
FedEx to cut 500 jobs in France amid $91M restructuring
FedEx has announced a major restructuring of its operations in France.
Vimeo lays off 'large portion' of staff
Vimeo, the popular video-hosting platform, is laying off employees worldwide.
Ericsson to lay off 1,600 employees in Sweden
Ericsson, a leading player in the telecom equipment industry, has announced plans to lay off around 1,600 employees from its Swedish unit.
Tech companies cut 245,000 jobs in 2025 amid AI push
The global technology sector witnessed a staggering loss of nearly 245,000 jobs in 2025.
TCS's workforce shrinks by 30,000 in 2 quarters
Tata Consultancy Services (TCS) has witnessed a major decline in its headcount over last two quarters.
Meta to lay off 1,500 employees from Reality Labs team
Meta is reportedly planning to lay off around 10% of its Reality Labs division, a move that will affect some 1,500 employees.
Microsoft may lay off 10% of employees this month: Report
Microsoft is planning a major round of layoffs, with teams in Gaming, Azure, and Sales likely to be affected.
AI could take away 200,000 banking jobs in Europe
The European banking sector is on the brink of a major transformation, with more than 200,000 jobs likely to vanish by 2030.
Amazon to lay off 370 employees at Europe headquarters
Amazon is preparing to lay off 370 employees at its European headquarters in Luxembourg. The move comes as part of a larger global job cut plan announced earlier this year.
'We'll investigate': UK PM on firing of GTA VI developers
UK Prime Minister Keir Starmer has expressed his concern over the recent mass firing of over 30 Grand Theft Auto VI (GTA 6) developers at Rockstar Games.
UBS to cut 10,000 jobs by 2027
Switzerland's largest bank, UBS, is said to be planning a major workforce reduction in the coming years.
US layoffs highest in years as employers cut 1.1M roles
US employers have announced over 1.1 million layoffs this year, the highest since the COVID-19 pandemic in 2020, according to a report by consulting firm Challenger, Gray & Christmas.
Baidu starts large-scale layoffs as profits fall and competition surges
China's tech giant Baidu has begun a massive layoff process across several business units.
Why Allianz is planning to fire around 1,800 employees
German insurance giant Allianz is planning to lay off between 1,500 and 1,800 employees in its travel insurance division.
AI effect: Consulting giant McKinsey fires 200 tech employees
McKinsey & Company has laid off around 200 tech employees globally in the last week.
HP to cut 6,000 jobs amid rising costs, weak demand
HP has announced plans to cut its global workforce by 4,000-6,000 employees. The move is part of a long-term restructuring strategy that will continue until fiscal 2028.
Dutch bank ABN AMRO to slash 5,200 jobs
Amsterdam-headquartered ABN AMRO has announced plans to cut 5,200 full-time jobs by 2028.
In a rare move, Apple lays off dozens
Apple has cut several dozen roles in its global sales division, an unusual move for the company.
WHO to layoff over 2,000 employees amid budget crisis
The World Health Organization (WHO) has announced a major downsizing effort, with plans to cut almost 25% of its workforce—or over 2,000 employees—by mid-2026.
PUBG-maker Krafton offers voluntary resignation amid AI-first strategy shift
PUBG's parent company, Krafton, is offering a voluntary resignation program to its employees in South Korea. The move comes as part of its transition into an "AI-first" organization.
Ineos Automotive slashes hundreds of jobs as financial troubles grow
Ineos Automotive, the company behind the off-road vehicle Ineos Grenadier, is set to lay off several hundred employees from its UK and European offices.
Gameskraft expands layoffs to 400+ amid real-money gaming ban
Leading real-money gaming company, Gameskraft, has let go of over 400 employees as part of an organizational restructuring across various teams and functions, according to Moneycontrol.
Logistics start-up Porter lays off 300-350 employees amid restructuring
Bengaluru-based logistics start-up, Porter, has laid off around 300-350 employees—about 18% of its team—in a major restructuring move.
IBM to cut thousands of jobs amid AI pivot
IBM has announced plans to lay off a small percentage of its global workforce in the fourth quarter of 2025.
Over 1,00,000 layoffs shook tech industry in 2025
The global tech industry is witnessing a massive wave of layoffs, with over 112,700 employees losing their jobs this year.
Did GTA-6 developer fire employees for trying to form union?
Rockstar Games, the company behind the highly-anticipated Grand Theft Auto VI (GTA VI), has come under fire for its recent mass firings.
LiDAR maker Luminar cuts 25% of workforce amid cash crunch
LiDAR manufacturer Luminar has warned its shareholders about an impending cash shortage in early 2026.
Amazon CEO says 14,000 layoffs driven by culture, not AI
Amazon CEO Andy Jassy has clarified that the company's recent decision to lay off 14,000 employees is not a cost-cutting measure or an AI-driven move.
GM lays off over 1,700 workers amid EV slowdown
General Motors (GM) has announced plans to cut over 1,700 manufacturing jobs in response to changes in the electric vehicle (EV) market.
Paramount Skydance is firing 10% of its workforce
Hollywood giant Paramount Skydance has begun a massive layoff process, with CEO David Ellison confirming the move in an internal memo.
This online education platform is firing 45% of its workforce
Chegg, a leading online education platform, has announced plans to lay off around 388 employees, nearly 45% of its total workforce.
Amazon to lay off over 1,000 employees in India
Amazon India is set to lay off between 900 and 1,100 employees as part of a global restructuring plan.
Target to cut 1,800 corporate jobs in major restructuring push
American retailer Target Corporation is set to cut around 1,800 corporate jobs in a major restructuring effort aimed at reviving stagnant sales, according to The Wall Street Journal.
Meta to fire 600 employees from its AI division
Meta, the parent company of Facebook and Instagram, is planning to lay off around 600 employees from its Superintelligence Labs artificial intelligence (AI) unit, as per Axios.
Amazon might replace 600,000 US employees with robots by 2033
Amazon is planning to automate a significant portion of its operations in the United States, as per The New York Times.
Paramount Skydance to cut 2,000 jobs in $2B cost-saving push
Paramount Skydance is planning to lay off around 2,000 employees in the US.
Nestle to cut 16,000 jobs worldwide by 2027
Nestle, the world's largest packaged food company, has announced plans to cut 16,000 jobs over the next two years.
Amazon to lay off 15% of HR team: Report
Amazon is reportedly planning a major layoff, targeting up to 15% of its human resources division.
Auto giant Renault might slash 3,000 jobs worldwide
Automotive giant Renault is contemplating a major restructuring plan that could see as many as 3,000 jobs cut globally, French news site l'Informe has reported.