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French automaker Renault is considering a global workforce reduction of approximately , jobs, pr...
Tata Consultancy Services TCS has introduced a tiered severance package with a minimum payout of s...
Exxon Mobil has announced a workforce reduction plan that will affect approximately , employees ...
Tata Consultancy Services (TCS), India’s largest IT services firm, is undergoing a significant workforce restructuring, impacting approximately 12,000 employees—roughly 2% of its global workforce. The layoffs, which began in August and continued through September 2025, are part of the company’s strategy to align talent with evolving client demands and emerging technologies such as AI and […]
Two senior U.S. Senators—Charles Grassley, Chairman of the Senate Judiciary Committee, and Richard Durbin, the committee’s ranking member—have formally questioned Tata Consultancy Services (TCS) over its hiring practices in the United States. In a letter dated September 24, 2025, addressed to TCS CEO K Krithivasan, the Senators posed nine detailed questions seeking data and explanations […]
Tata Consultancy Services (TCS), India’s largest IT services company, has denied reports suggesting that it plans to lay off as many as 30,000 employees. The company clarified that the actual reduction will be limited to 2% of its global workforce, amounting to around 12,000 employees. In a statement, TCS said: “These speculations are incorrect and […]
German airline group Lufthansa has announced plans to eliminate 4,000 administrative positions by 2030 as part of a broader restructuring strategy aimed at improving operational efficiency and long-term profitability. The move, disclosed during the company’s Capital Markets Day in Munich, will primarily affect non-operational staff in Germany and is being carried out in consultation with […]
Employees at Tata Consultancy Services (TCS), India’s largest IT services firm, are grappling with rising uncertainty following a wave of layoffs and internal restructuring. While the company officially stated that only 2% of its workforce—approximately 12,000 employees—would be impacted, multiple reports and union claims suggest the actual number could be significantly higher, possibly exceeding 30,000. […]
Accenture, the global IT and consulting firm, has laid off more than 11,000 employees over the past three months as part of a sweeping restructuring initiative aimed at aligning its workforce with emerging demands in artificial intelligence (AI). The company’s headcount dropped from 791,000 in May to 779,000 by the end of August 2025. The […]
German engineering and auto-parts giant Robert Bosch GmbH has announced plans to cut 13,000 jobs by 2030, primarily in its mobility division across Germany. The move is part of a broader restructuring strategy aimed at addressing an annual cost gap of €2.5 billion ($2.93 billion) in its automotive business. The job reductions will affect approximately […]
Ola has undertaken a major workforce reduction, cutting its employee base by nearly 60% between April and August 2024. The company’s headcount dropped from 886 to 376 employees during this period, marking one of the most significant downsizing moves in India’s ride-hailing sector in recent years. The decision comes amid intensifying competition from rivals such […]
PricewaterhouseCoopers (PwC) has laid off approximately 1,500 employees and 60 partners across its Middle East operations, marking one of the firm’s most significant regional workforce reductions in recent years. The decision follows a breakdown in relations with Saudi Arabia’s Public Investment Fund (PIF), which imposed a one-year ban on PwC from February 2025, barring the […]
Bengaluru-based online gaming firm Gameskraft has announced the layoff of 120 employees across teams and functions, following the enactment of the Promotion and Regulation of Online Gaming Act, 2025. The legislation, passed by Parliament on August 21, bans all forms of real-money online gaming, including platforms where users deposit funds with the expectation of monetary […]
Opendoor Technologies, the real estate technology firm known for its online home buying and selling platform, is facing renewed scrutiny after its cofounder and newly appointed chairman, Keith Rabois, made blunt remarks about the company’s staffing levels. In a recent interview on CNBC’s Squawk on the Street, Keith stated that Opendoor, which currently employs around […]
Ford Motor Company has announced plans to eliminate up to 1,000 jobs at its electric vehicle (EV) production facility in Cologne, Germany. The decision comes in response to weaker-than-expected demand for battery-powered cars across Europe, prompting the automaker to scale back operations and shift to a single-shift schedule starting January 2026. The Cologne plant, which […]
