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Tata Consultancy Services TCS, Indias largest IT services firm, is undergoing a significant workf...
Two senior U.S. SenatorsCharles Grassley, Chairman of the Senate Judiciary Committee, and Richard D...
Tata Consultancy Services TCS, Indias largest IT services company, has denied reports suggesting ...
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 […]
Google has reportedly laid off more than 200 contractors involved in training and refining its artificial intelligence systems, including the Gemini chatbot and AI Overviews feature. The layoffs, carried out by outsourcing firm GlobalLogic and its subcontractors, occurred in at least two rounds during August 2025 and were executed with minimal prior notice. The affected […]
India’s real-money gaming (RMG) industry is undergoing a major upheaval following the enactment of the Promotion and Regulation of Online Gaming Act, 2025. The legislation came into effect in August. It bans all online games involving monetary stakes, whether based on skill, chance, or a combination of both. As a result, nearly 2,000 employees across […]
Fiverr International Ltd., the Israel-based online services marketplace, has announced a significant restructuring plan that will result in a 30% reduction of its workforce. The move, disclosed on September 15, 2025, is part of Fiverr’s broader strategy to transform into an “AI-first” company. The layoffs will affect approximately 250 employees out of the 762 staff […]
