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Paytms Vijay Shekhar Sharma has sparked debate after publicly commenting on McKinsey amp Company...
Used-car marketplace Cars has announced a fresh round of layoffs, affecting employees across i...
IBM has announced a major workforce reduction, laying off approximately , employees, with the Hu...
McKinsey & Company, one of the world’s leading management consulting firms, has announced a major workforce reduction, cutting 10% of its global staff. This marks one of the largest downsizing efforts in the firm’s nearly century-long history. The layoffs, which have unfolded over the past 18 months, come as the consulting industry grapples with slowing […]
Wipro Enterprises has permanently shut down one of its manufacturing units in Baddi, Himachal Pradesh, triggering widespread layoffs. The decision, announced on May 24, 2025, follows nearly six months of continuous labour unrest and a workers’ strike that began in December 2024. The closure has left 80 employees without jobs, as disclosed by the company. […]
Sweden-based Volvo Cars has announced plans to cut 3,000 jobs globally as part of a major cost-cutting initiative, citing economic uncertainty, trade tensions, and rising operational costs. The layoffs, which primarily affect white-collar employees, are part of Volvo’s broader restructuring strategy aimed at improving cash flow and long-term sustainability. Breakdown of Job Cuts at Volvo […]
Walmart, the world’s largest retailer, has reportedly begun summoning employees to its offices for in-person termination meetings, raising concerns over workplace ethics and employee well-being. The layoffs, which primarily affect corporate and technology teams, are part of Walmart’s broader restructuring strategy aimed at streamlining operations and reducing costs. A viral LinkedIn post by a Bengaluru-based […]
Luminar Technologies, a leading lidar technology company, has initiated another round of workforce reductions, just days after the abrupt resignation of its CEO and founder, Austin Russell. The company confirmed in a regulatory filing that the layoffs are part of its 2025 Restructuring Plan, aimed at streamlining operations amid ongoing financial challenges. The latest layoffs […]
The global tech industry is witnessing another wave of mass layoffs in 2025, with over 61,000 jobs eliminated across 130 companies. Major players such as Microsoft, Google, Amazon, and IBM have announced significant workforce reductions, citing economic uncertainty, AI-driven restructuring, and slowing revenue growth as key factors. While each company has framed its layoffs as […]
IBM ambitious push toward AI-driven automation has taken an unexpected turn. After laying off nearly 8,000 employees in 2023—primarily from its human resources (HR) division—the tech giant has now begun rehiring staff to fill critical gaps left by automation. The layoffs were part of IBM’s strategy to streamline operations and cut costs using its AI-powered […]
Retail giant Walmart has announced plans to eliminate 1,500 corporate jobs in the United States as part of a cost-cutting and organizational restructuring effort. The layoffs, which will impact employees at Walmart’s headquarters in Bentonville, Arkansas, as well as staff in other US office locations, have sparked renewed debate over the H1B visa program and […]
VerSe Innovation, the parent company of Dailyhunt and Josh, has announced plans to lay off 350 employees as part of a strategic restructuring aimed at boosting profitability and accelerating investments in artificial intelligence (AI). The move comes amid declining revenues and a broader effort to streamline operations while focusing on growth segments. Reasons Behind the […]
Amazon has announced the elimination of approximately 100 jobs within its Devices and Services division, marking another step in its ongoing corporate restructuring efforts. The layoffs, confirmed on May 15, 2025, affect teams responsible for developing products such as Kindle, Echo smart speakers, Alexa voice assistant, and Zoox autonomous vehicles. The move aligns with CEO […]
NASA has officially terminated its Diversity, Equity, and Inclusion (DEI) programs, leading to the dismissal of Neela Rajendra, the agency’s Indian-origin DEI chief. The move follows President Donald Trump’s executive order, which mandates the elimination of DEI initiatives across federal agencies. Neela Rajendra, who previously served as Chief Diversity, Equity, and Inclusion Officer at NASA’s […]
Microsoft has announced a major workforce reduction, laying off 6,000 employees globally, including Gabriela de Queiroz, the company’s Director of AI. The layoffs represent 3% of Microsoft’s total workforce, reflecting a significant reduction in staff. They are part of a broader restructuring effort designed to streamline operations and accelerate AI-driven automation. Gabriela, who played a […]
