Active Stocks

Fri Jul 17 2026 15:59:52

Tata Steel share price
185.90 0.22%

AXIS Bank Ltd share price
1,328.95 1.86%

ICICI Bank share price
1,441.90 1.67%

Kotak Mahindra Bank share price
389.85 3.37%

State Bank of India share price
1,044.10 1.24%

Business News/Markets/ Trends / It Layoffs

IT LAYOFFS

Stay informed with the latest updates on IT Layoffs and job cuts in the IT sector today. Get updates on recent developments related to the layoffs in the IT sector, understand the impact on employees, and get insights into future plans and how these layoffs fit into broader industry trends.

Deputy Chief Minister of Karnataka, DK Shivakumar. (HT_PRINT)

AI may cut 50% of Bengaluru jobs, DK Shivakumar warns; netizens react

2 min read . 01 May 2026

In 2024, the techie bought a 3BHK flat in Prateek Grand City, Noida, at a monthly home loan EMI of ₹95,000.

Noida techie goes from ₹40 LPA to driving Rapido to pay ₹95K EMI to keep a flat

2 min read . 13 Apr 2026

Salesforce has allegedly laid off up to 1,000 employees in February 2026. (Bloomberg)

Salesforce layoffs: Cloud giant cuts up to 1,000 jobs this month amid AI push

1 min read . 10 Feb 2026

Oracle layoffs may happen due to financing issues (REUTERS)

Oracle to lay off 30,000 employees amid AI data centre financing issues

2 min read . 02 Feb 2026

Nestle layoffs: The FMCG giant plans to cut 16,000 jobs in the next two-year period. (Pixabay)

Nestle layoffs: These 7 companies have announced job cuts this year

2 min read . 16 Oct 2025

Amazon is reportedly planning to cut nearly 15% job roles in its human resources department. (AI-generated)

Amazon plans layoffs: These companies have laid off employees this year

2 min read . 15 Oct 2025

TCS announced the launch of its AI hub and design studio in London on Friday, 10 October 2025. (Bloomberg)

TCS launches AI hub, design studio in UK amid layoffs, aims to create 5,000 jobs

2 min read . 10 Oct 2025

IT layoffs: TCS, Accenture, Microsoft, Salesforce, and Google are among many other IT and tech companies which have conducted restructuring.

IT layoffs: How many employees have been laid off from tech giants?

3 min read . 07 Oct 2025

Elon Musk’s xAI cut 500 employee jobs from the data annotation team on Friday, 12 September 2025. (Reuters)

Elon Musk’s xAI lays off 500 from data annotation team, calls them ‘not needed’

2 min read . 13 Sept 2025

A wave of layoffs in India’s IT sector signals a deeper shift. AI-driven automation is reshaping jobs, but its market impact remains uncertain. (AI-generated image)

TCS layoffs show job cuts don't always cheer the stock market

4 min read . 04 Aug 2025

Infosys CEO Salil Parekh has said the IT firm will hire 20,000 freshers in the financial year 2025-26. (REUTERS)

Infosys jobs: IT major to hire 20,000 freshers this year. Here's what CEO says

2 min read . 30 Jul 2025

The Indian IT services sector, led by giants like Tata Consultancy Services (TCS), Infosys and Wipro, has been a prolific job creator since the 1990s.

Devina Mehra: Our IT services model has finally begun to falter… or has it?

5 min read . 30 Jul 2025

TCS announced on Sunday, 27 July 2025, its plans to reduce its workforce by 2%, or roughly over 12,000 employees, in the 2026 fiscal year. (Bloomberg)

TCS layoffs: IT Ministry in touch with tech company, keeping close watch

1 min read . 28 Jul 2025

Intel to cut 15% of its workforce amid a $2.9 billion Q2 loss. How to trade chipmaker's stock now? (REUTERS)

Intel to cut 15% of its workforce amid a $2.9b Q2 loss. How to trade?

2 min read . 28 Jul 2025

TCS layoff: Should TCS investors be concerned as company plans to hand pink slips to 12,000 employees? Explained (REUTERS)

TCS layoff: Should investors worry as company looks to fire 12K employees?

4 min read . 28 Jul 2025

Infosys laid off another 195 trainees on Tuesday, April 29, after they reportedly failed to clear the internal test. (Reuters)

Infosys layoffs: IT major cuts 195 more trainee jobs in Mysuru

2 min read . 29 Apr 2025

Last week, Google laid off hundreds of its employees working in the company's platforms and devices division, as per reports. (REUTERS)

Google layoffs to impact Hyderabad, Bengaluru employees? Here's what we know

1 min read . 20 Apr 2025

Infosys says all freshers are expected to clear internal assessments after undergoing extensive foundational training at its Mysuru campus. (Bloomberg)

Infosys Layoffs: IT major gives pink slips to 400 campus recruits

2 min read . 07 Feb 2025

Microsoft is to cut 650 support jobs in Xbox Games unit, reported Bloomberg on September 12.

Microsoft to lay off 650 support employees in Xbox Games unit

2 min read . 12 Sept 2024

Tech layoffs: Over 27,000 jobs lost in August 2024, Intel, Cisco, IBM lead the wave (MINT_PRINT)

Tech layoffs: Over 27,000 jobs lost in August 2024; Intel, Cisco, IBM lead wave

1 min read . 05 Sept 2024