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McKinsey amp Company, one of the worlds leading management consulting firms, has announced a majo...
Sweden-based Volvo Cars has announced plans to cut , jobs globally as part of a major cost-cutti...
Luminar Technologies, a leading lidar technology company, has initiated another round of workforce r...
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 […]
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 […]
Intel Corporation, one of the world’s leading semiconductor manufacturers, has announced plans to reduce its workforce by over 20%. This decision comes as part of a broader restructuring strategy under the leadership of its newly appointed CEO, Lip-Bu Tan. The move aims to streamline operations, eliminate bureaucratic inefficiencies, and refocus the company on its core […]
Volvo Group, a global leader in manufacturing heavy-duty trucks and vehicles, has announced plans to reduce its workforce by up to 800 employees across three U.S. facilities over the next three months. The company is implementing cost-cutting measures to address market uncertainties. These include fluctuating demand and the impact of tariffs imposed by the U.S. […]
Google, one of the world’s most prominent technology companies, is reportedly preparing for another round of layoffs as part of its ongoing global restructuring efforts. This development has raised concerns among employees in India, particularly those based in Hyderabad and Bengaluru. While the company has not officially confirmed the layoffs, reports suggest that teams in […]
Google, one of the world’s leading technology companies, is reportedly preparing for another round of layoffs as part of its global restructuring efforts. This development is expected to affect employees in its Hyderabad and Bengaluru offices, particularly those in advertising, sales, and marketing roles. While Google has not officially confirmed the latest round of layoffs […]
Tata Steel Nederland has announced a sweeping transformation plan aimed at enhancing efficiency, reducing costs, and preparing for a green steel future. This ambitious initiative will result in the elimination of approximately 1,600 jobs, primarily in management and support functions. The restructuring comes at a time when the company is grappling with challenges such as […]
Deloitte, one of the world’s largest consulting firms, has announced layoffs targeting its U.S. workforce, particularly consultants serving government clients. This decision comes in response to significant federal spending cuts aimed at reducing reliance on external consulting services. The move highlights the broader economic pressures facing the consulting industry and raises questions about how firms […]
Deloitte and EY, two leading consulting firms, are reducing employees and restructuring operations as weakened demand for advisory services reflects broader economic uncertainty. Workforce Reductions Amid Declining Demand Deloitte and EY, two of the largest professional services firms, are cutting jobs as demand for consulting and advisory services declines. Deloitte recently laid off 250 UK-based […]
Bengaluru-based healthtech startup Dozee has recently implemented a significant workforce restructuring, resulting in the layoff of approximately 20% of its employees. The move comes as the company recalibrates its focus and allocates resources strategically to meet evolving business needs. Dozee Restructuring Decision Around 40 to 50 employees across various teams have been affected by the […]
The tech industry, which faced a significant shake-up with mass layoffs at the start of 2023, has continued to witness rounds of smaller but impactful layoffs throughout 2024. These job cuts reflect ongoing restructuring efforts as companies adapt to new market realities. According to layoffs.fyi, so far, over 130,482 IT professionals have reportedly lost their […]
