Job Cut

Highly educated men are not only struggling to get good-quality jobs but are also experiencing stagnation or decline in their salaries. For women, the structural shift has been more satisfactory, with more workers entering manufacturing, particularly textiles & apparels while some entering the services sector #india #jobs #employment

Epic Games employees who are being laid off in the current cycle will be provided with a severance package, including base pay and health insurance.

If Meta settles on the 20% figure, this layoff will be the most significant job cut at Mark Zuckerberg's company since its restructuring in the ‘year of efficiency’ in 2022-23.

Swire layoffs: Swire Group is set to cut nearly 10% of its employee jobs at the company's Hong Kong office as the firm aims to streamline its operations amid China's economic slowdown. Swire Pacific's 79% of its revenues come from the Hong Kong, China markets.

UPS has slashed 48,000 jobs since last year to cut costs and revive profits. Shares surged 7% as the delivery giant grapples with tariffs and an e-commerce slowdown.

Roshni Chellani, a former Qualcomm employee, shared 12 signs for people to keep a check before their employer potentially fires them from the job. Here's what Chellani suggested.

June jobs report in the United States surprises with 147,000 new hires, falling unemployment to 4.1%, and cooling wage growth, reducing chances of immediate Federal Reserve rate cuts.

Microsoft plans to cut around 6,000 jobs, less than 3% of its workforce, to streamline management. The layoffs affect various departments and follow a broader trend in the tech industry amid rising costs and shifting demands.

In 2025, tech layoffs persist with over 22,000 jobs lost so far, following 150,000 cuts in 2024. Major companies like Match and CrowdStrike are restructuring, impacting thousands of employees.

Fannie Mae Layoffs: As many as 200 Indian-Americans, a majority of them linked to Telugu groups, were fired by the Federal National Mortgage Association over an alleged involvement in a donation scam.