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Visa layoffs affecting per cent of its staff have triggered a debate over the tax treatment of sev...
Tech Layoffs The global technology industry continues to see job cuts in , as companies re...
The latest wave of global workforce restructuring is increasingly affecting employees in India as mu...
KPMG Australia has said that no decision has been made on reports suggesting the firm is planning to cut around 1,000 jobs, following media speculation about a major workforce restructuring. The clarification came after the Australian Financial Review reported that KPMG Australia was considering reducing nearly 10% of its workforce as part of a cost-saving […]
German luxury carmaker BMW plans to reduce its workforce in Germany by around 8,000 employees by the end of 2027 through a voluntary redundancy programme as it looks to lower costs. The voluntary exit offers will begin in October 2026 for half of its German workforce, nearly 40,000 employees, mainly to the office-based workforce. While […]
Uber Technologies has laid off around 10% of its customer service workforce as the ride-hailing and delivery platform accelerates the adoption of artificial intelligence (AI), streamlines operations, and reinforces its return-to-office strategy. This is a broader shift nowadays across the technology industry, where AI is increasingly influencing workforce planning and organisational design. According to Bloomberg, […]
Intel plans another round of layoffs in its Data Center and AI Group (DCAI) after eliminating around 40,000 jobs globally over the past two years as part of a broader restructuring aimed at improving efficiency and long-term competitiveness. The move comes just days before the company is set to announce its quarterly earnings, highlighting its […]
Volkswagen employees are set to directly question CEO Oliver Blume in August as the German carmaker faces growing unrest over a reported restructuring plan that could involve as many as 100,000 job cuts and the closure of four factories in Germany. The company’s works council said it will hold extraordinary staff assemblies next month, giving […]
India’s largest private sector lender, HDFC Bank, has reported a reduction of 3,343 employees during FY26, signalling a shift in workforce strategy as the bank accelerates technology-led transformation. However, the country’s largest private sector lender has clarified that technology is not being deployed to replace employees but to enhance productivity and create opportunities for people […]
Microsoft has dismissed claims linking its recent layoffs to the H-1B visa programme, clarifying that the majority of employees affected by the latest workforce reduction were not based in the United States. The clarification follows widespread speculation on social media after the tech giant announced plans to eliminate around 4,800 jobs globally, or nearly 2.1% […]
KPMG is proposing another round of workforce reductions, with around 200 roles at risk across its corporate services division as the professional services firm continues to reshape its operating model following the integration of its UK and Swiss businesses. The proposed reductions are expected to impact nearly 10% of the firm’s corporate services workforce. Functions […]
Globally, 120,346 employees have been laid off by 226 technology companies in 2026 so far… and according to a TeamLease report, India’s IT industry is witnessing a new phase of workforce layoffs and restructuring. Silent Layoffs Replace Large Public Job Cuts India’s IT industry is witnessing a shift in how companies reduce their workforce. Instead of announcing large-scale […]
