Employee Layoff
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Tata Consultancy Services Announces Wage Hikes Amid 12,000 Layoffs
India's largest IT services company Tata Consultancy Services (TCS) informed employees that it will roll-out wage hikes for about 80 per cent of workforce, covering mid to junior levels.
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Stanford University Lays Off 363 Employees Due To Funding Cuts By Trump
Stanford University said on Tuesday it has laid off over 360 employees, citing budget constraints that it attributed to the federal funding policies of US President Donald Trump.
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IT Union Files Dispute Against TCS Over Layoffs, Karnataka May Also Intervene
The Karnataka State IT/ITeS Employees Union (KITU) has filed an industrial dispute against Tata Consultancy Services (TCS) over its proposed layoffs.
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TCS Market Valuation Erodes By Rs 28,149 crore Since Layoff Announcement
Tata Consultancy Services (TCS) has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year.
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IT Ministry Keeping Close Watch On Tata Consultancy Services' Layoffs Situation: Report
The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources.
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Tata Consultancy Services' Shares Drop After Layoff Announcement
Shares of tech major Tata Consultancy Services (TCS) were trading lower on Monday, following the company's announcement to lay off around 12,200 employees in FY26.
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Walmart Cuts Hundreds Of Store-Support, Training Jobs To Simplify Structure
The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News.
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Layoffs in 2025: HP, Intel, Meta, Microsoft, Ola and More Fire Over 75,000 Staffers; AI the Main Culprit
Layoffs in tech never really stopped in the post-pandemic world. Since the end of 2021, tech companies have been laying off employees in large numbers. Unfortunately, 2025 was also not different, as tech giants such as Intel, Microsoft, Meta, and Salesforce made headlines for their mass layoffs.
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Indian IT Startup Shuts Down Overnight, 19 Employees Laid Off On Video Call
A Reddit post about a layoff at an Indian IT startup has gone viral, sparking outrage online.
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State Department To Fire Over 1,300 Employees Under Trump Administration Plan
The State Department is firing more than 1,300 employees on Friday in line with a dramatic reorganization plan initiated by the Trump administration earlier this year.
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NASA To Cut Over 2,000 Senior Employees Due To Trump Budget Cuts
Around 2,145 senior-ranking employees at the U.S. National Aeronautics and Space Adminstration are set to leave under a push to shed staff, Politico reported on Wednesday citing documents obtained by the news outlet.
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Startup CEO Abruptly Lays Off 19 Employees Over Video Call: "We've Run Out Of Money"
The startup employee shared that their day began like any other, but the CEO called an urgent all-hands meeting, revealing that the company had run out of money and was shutting down.
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Microsoft To Lay Off Over 9,000 Employees, 2nd Big Job Purge In Months: Report
Microsoft is laying off as many as 4%, or roughly 9,100, of its employees in the largest round of job cuts since 2023, the Seattle Times reported on Wednesday.
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MindsEye Developer Build a Rocket Boy Confirms It Has Started Layoff Process
MindsEye developer Build a Rocket Boy has confirmed it has begun a consultation process that may lead to some layoffs. The studio did not specify the number of employees who will be impacted by the move.
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Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
-
Tata Consultancy Services Announces Wage Hikes Amid 12,000 Layoffs
India's largest IT services company Tata Consultancy Services (TCS) informed employees that it will roll-out wage hikes for about 80 per cent of workforce, covering mid to junior levels.
-
Stanford University Lays Off 363 Employees Due To Funding Cuts By Trump
Stanford University said on Tuesday it has laid off over 360 employees, citing budget constraints that it attributed to the federal funding policies of US President Donald Trump.
-
IT Union Files Dispute Against TCS Over Layoffs, Karnataka May Also Intervene
The Karnataka State IT/ITeS Employees Union (KITU) has filed an industrial dispute against Tata Consultancy Services (TCS) over its proposed layoffs.
-
TCS Market Valuation Erodes By Rs 28,149 crore Since Layoff Announcement
Tata Consultancy Services (TCS) has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year.
-
IT Ministry Keeping Close Watch On Tata Consultancy Services' Layoffs Situation: Report
The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources.
-
Tata Consultancy Services' Shares Drop After Layoff Announcement
Shares of tech major Tata Consultancy Services (TCS) were trading lower on Monday, following the company's announcement to lay off around 12,200 employees in FY26.
-
Walmart Cuts Hundreds Of Store-Support, Training Jobs To Simplify Structure
The company is eliminating the market coordinator job that supports some managers, according to a memo viewed by Bloomberg News.
-
Layoffs in 2025: HP, Intel, Meta, Microsoft, Ola and More Fire Over 75,000 Staffers; AI the Main Culprit
Layoffs in tech never really stopped in the post-pandemic world. Since the end of 2021, tech companies have been laying off employees in large numbers. Unfortunately, 2025 was also not different, as tech giants such as Intel, Microsoft, Meta, and Salesforce made headlines for their mass layoffs.
-
Indian IT Startup Shuts Down Overnight, 19 Employees Laid Off On Video Call
A Reddit post about a layoff at an Indian IT startup has gone viral, sparking outrage online.
-
State Department To Fire Over 1,300 Employees Under Trump Administration Plan
The State Department is firing more than 1,300 employees on Friday in line with a dramatic reorganization plan initiated by the Trump administration earlier this year.
-
NASA To Cut Over 2,000 Senior Employees Due To Trump Budget Cuts
Around 2,145 senior-ranking employees at the U.S. National Aeronautics and Space Adminstration are set to leave under a push to shed staff, Politico reported on Wednesday citing documents obtained by the news outlet.
-
Startup CEO Abruptly Lays Off 19 Employees Over Video Call: "We've Run Out Of Money"
The startup employee shared that their day began like any other, but the CEO called an urgent all-hands meeting, revealing that the company had run out of money and was shutting down.
-
Microsoft To Lay Off Over 9,000 Employees, 2nd Big Job Purge In Months: Report
Microsoft is laying off as many as 4%, or roughly 9,100, of its employees in the largest round of job cuts since 2023, the Seattle Times reported on Wednesday.
-
MindsEye Developer Build a Rocket Boy Confirms It Has Started Layoff Process
MindsEye developer Build a Rocket Boy has confirmed it has begun a consultation process that may lead to some layoffs. The studio did not specify the number of employees who will be impacted by the move.
-
Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
