Explore the latest Layoffs news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
Ride-hailing giant Uber Technologies Inc. has announced a significant restructuring, cutting of ...
Data from tracking site Layoffs.fyi reveals that more than lakh , tech employees have lost...
Google has initiated a quiet round of layoffs within its Cloud division, executing targeted workforc...
The abrupt shutdown of Noida-registered IT startup ThynkTech India OPC Pvt Ltd (operating locally as Thynk Technology India) has sent shockwaves through Hinjewadi Phase II, leaving over 700 software engineers, fresh graduates, and interns suddenly unemployed. The overnight closure has triggered intense investigations into widespread corporate governance and recruitment fraud. ThynkTech Sealed Doors and Bounced […]
Broadening the corporate wave of technology companies restructuring to fund artificial intelligence, developer platform GitLab Inc. has announced plans to terminate roughly 14% of its full-time workforce. The DevSecOps firm is eliminating approximately 350 roles and exiting operations in 22 countries to consolidate its footprint and prioritize engineering pipelines for complex, autonomous AI workloads. The […]
Software and telecommunications services giant Amdocs is preparing for a sweeping global reorganization, with plans to reduce its headcount by roughly 7% to 10%. The massive downsizing will impact between 2,700 and 3,000 employees out of its 29,000-strong worldwide workforce. Hundreds of these cuts are projected to hit the company’s foundational development centers in Israel, […]
Cybersecurity pioneer SentinelOne announced a comprehensive corporate restructuring on May 28, 2026. This plan includes an 8% reduction in its global workforce, translating to approximately 230 to 240 jobs from its 3,000-person headcount. The announcement came alongside the company’s fiscal first-quarter 2027 earnings report. While initial estimates suggested a 10% cut, official filings confirmed the […]
Wix, the global website-building giant, is initiating the largest workforce reduction in its history. The company plans to cut approximately 1,000 positions, representing nearly 20% of its global headcount. Company management directly informed staff members that accelerated advancements in internal artificial intelligence tools have significantly diminished the demand for traditional roles across design, product development, […]
Financial software giant Intuit has announced a massive restructuring, cutting approximately 3,000 employees—roughly 17% of its global workforce. In a company-wide memo sent by CEO Sasan Goodarzi on Wednesday, May 20, 2026, the maker of TurboTax and QuickBooks detailed a radical plan to “strip away layers of complexity” and consolidate resources toward artificial intelligence. Intuit Restructuring […]
Standard Chartered PLC has sent a definitive signal to the global financial sector, announcing a long-term strategy to replace thousands of human roles with artificial intelligence. On Tuesday, May 19, 2026, the bank revealed plans to cut over 7,000 jobs—approximately 15% of its corporate and support functions—by 2030. The move marks one of the most explicit […]
For thousands of Meta employees, the “Year of Efficiency” has evolved into a permanent state of restructuring. In the early hours of Wednesday, May 20, 2026, the silence was broken by the chime of notification pings as Meta began slashing approximately 8,000 jobs—roughly 10% of its global workforce. The notifications, which landed at 4:00 a.m. local time across […]
A palpable sense of anxiety has gripped the global workforce of Meta Platforms as the company approaches May 20, 2026—a date employees have dubbed “D-Day.” Following an internal leak confirmed by Chief People Officer Janelle Gale, the social media giant is set to terminate approximately 8,000 employees, representing roughly 10% of its global headcount. AI Pivot Triggers Structural Upheaval […]
LinkedIn, the Microsoft-owned professional networking giant, has announced plans to reduce its global workforce by approximately 5%, affecting roughly 875 to 900 employees. This decision comes as part of a strategic shift to realign the company’s operations toward high-growth priorities and improve profitability in an increasingly competitive digital landscape. LinkedIn Internal Memo Outlines Affected Departments In an […]
Networking titan Cisco Systems has announced a significant restructuring plan that includes cutting approximately 4,000 jobs, representing less than 5% of its global workforce. The move comes as the company pivots aggressively toward high-growth areas, specifically artificial intelligence (AI) and cloud infrastructure, while moving away from its traditional networking hardware roots. Strategic Realignment for the AI Era The job […]
Adda247, the Google-backed edtech major, has reportedly laid off approximately 20% of its workforce as it seeks to streamline operations ahead of a planned Initial Public Offering (IPO). The downsizing, which has affected between 250 to 300 employees, marks a significant pivot toward profitability and operational sustainability in an increasingly competitive Indian edtech market. Adda247 Restructuring for Profitability […]
