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Sweden-based Volvo Cars has announced plans to cut , jobs globally as part of a major cost-cutti...
Walmart, the worlds largest retailer, has reportedly begun summoning employees to its offices for i...
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 […]
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 […]
British luxury fashion brand Burberry has announced plans to cut 1,700 jobs globally as part of a major cost-cutting initiative aimed at stabilizing its business. The decision comes amid declining sales, economic uncertainty, and a broader slowdown in the luxury market. Despite these challenges, Burberry reported better-than-expected financial results, narrowly avoiding a loss for the […]
Chegg, a leading online education company, has announced plans to lay off 22% of its workforce, impacting approximately 248 employees. The decision comes as AI-powered tools such as ChatGPT and Google’s AI Overviews reshape the education technology (edtech) industry, leading to declining web traffic and reduced demand for traditional learning platforms. The layoffs are part […]
Microsoft has announced a major workforce reduction, laying off approximately 6,000 employees, which accounts for 3% of its global workforce. The layoffs, confirmed on May 13, 2025, mark the company’s largest job cuts in over two years, affecting employees across all levels, teams, and geographies. The decision comes despite strong financial performance, with Microsoft reporting […]
Nissan Motor Co. has announced a significant workforce reduction, doubling its planned job cuts to 20,000 employees globally. The decision, reported by Japan’s national broadcaster NHK, comes as part of a massive restructuring effort aimed at stabilizing operations and addressing financial losses. The layoffs, which now account for 15% of Nissan’s total workforce, reflect the […]
IBM has announced a significant shift in its workforce strategy, replacing 200 human resources (HR) professionals with AI-powered agents. The move, confirmed by CEO Arvind Krishna, is part of IBM’s broader effort to automate routine HR tasks, improve efficiency, and redirect resources toward high-value roles such as software engineering, sales, and marketing. While IBM has […]
Google has laid off approximately 200 employees from its global business organization, which is responsible for sales and partnerships. According to a report by The Information, the decision, revealed on Tuesday, is part of ongoing organizational changes aimed at improving efficiency. This follows previous cuts in other divisions as Google continues to realign its resources, focusing more […]
