Layoffs News
US job cuts hit 1.1 million so far, reaching ‘recession-like’ levels through October: Report
Layoffs in the US surged in October, with 153,000 job cuts reported, the worst since 2003. Major companies are reducing staff, particularly in the tech and retail sectors, citing cost-cutting measures and the impact of AI.
2 min read7 Nov 2025Why companies are no longer hanging on to employees
The practice of ‘labor hoarding’—holding on to employees for fear of not being able to get them back later—has reached its end.
4 min read3 Nov 2025Satya Nadella says Microsoft will increase headcount following major layoffs, but there is a rider
Microsoft CEO Satya Nadella announced plans to expand the workforce following recent layoffs, emphasising a strategic approach post-AI revolution. The company aims to grow headcount in a smarter way, despite cutting nearly 6,000 jobs.
1 min read2 Nov 2025Novo Nordisk layoffs: Pharma major notifies employees impacted by 9,000 job cuts amid restructuring drive
Novo Nordisk layoffs: Pharma major CEO Mike Doustdar, on Friday, 31 October 2025, said that the company has notified its employees who have been impacted by the job cuts amid the company-wide restructuring drive. Here's what he said.
1 min read31 Oct 2025Amazon CEO Andy Jassy defends 14,000 job cuts, says ‘not about costs or AI’ — so what's behind it?
Amazon cut 14,000 jobs this week, but the move wasn't driven by financial concerns or AI, says CEO Andy Jassy during the company's quarterly earnings call. Here's what the chief executive said about the layoffs.
2 min read31 Oct 2025GM layoffs: Auto major to cut 1,700 jobs, 5,500 employees to be laid off temporarily—who's affected?
GM layoffs: General Motors will lay off 1,200 workers in Detroit and 550 in Ohio as it faces a slowdown in electric vehicle demand. The automaker is scaling back production and plans amid concerns over regulatory changes and the end of federal tax incentives for EV buyers.
2 min read30 Oct 2025Text messages told employees they had been laid off: How Amazon's job cuts unfolded
According to people familiar with the matter, this rather unorthodox strategy of laying off employees was to ensure that people did not show up to work to find that their access badges no longer functioned.
2 min read29 Oct 2025Amazon may slash up to 1,000 jobs in India under global cuts, says report – which departments will be impacted?
Amazon layoffs: The e-commerce giant plans to cut 800 to 1,000 corporate roles in India as part of a global workforce reduction driven by its increased focus on AI. The layoffs will affect various departments, including marketing, human resources and tech.
2 min read29 Oct 2025Amazon layoffs: Who will get laid-off, from when and why as online retail giant cuts 14,000 jobs — All you need to know
Amazon plans to layoff around 14,000 corporate jobs from today. The e-commerce giant said that the move is due to over hiring during the COVID-19 pandemic. This is the company's biggest job cuts since late 2022.
2 min read28 Oct 2025Amazon to lay off over 30,000 corporate roles starting today, says report
Amazon plans to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for over-hiring during the peak demand of the Covid-19 pandemic.
2 min read28 Oct 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared