Lay Offs
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Nike Plans Job Cuts As Revenue Falls 4% To $11.2 Billion
Nike expects full-year fiscal 2027 sales to fall by high-single digits after quarterly revenue dropped 4% to $11.2 billion and profit fell 2% to $712 million.
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Starbucks Layoffs: Coffee Chain Cuts Over 200 Jobs; Here's What We Know
The cuts include 120 Seattle-based roles and 104 restructuring positions, while the company expands operations in Nashville.
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Amazon Layoffs: Jobs Trimmed In Artificial Intelligence Group Even As Focus Stays On AI
Amazon confirmed layoffs within its AGI organisation but did not disclose the number of employees affected.
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'No One Is Exempt': Ex-Microsoft Techie Sees Layoffs As Looming Reality, Pivots To Real Estate
Khawaja's remarks follow Microsoft's announcement that, as part of a larger restructuring, it would eliminate 4,800 positions, or around 2.1% of its worldwide staff.
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AI-Led Job Cuts: How To Build A Financial Safety Net Before It Gets Too Late
The global technology sector has witnessed a fresh wave of layoffs in recent months, with companies such as Intel, Microsoft, Google, IBM, Infosys, and several other major firms reducing their workforce.
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Starbucks Layoffs: Coffee Chain Cuts Hundreds Of Jobs In US — Here's What We Know
Starbucks will cut hundreds of jobs in Seattle and remote roles as part of CEO Brian Niccol's broader "Back to Starbucks" turnaround plan.
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Firm In India Blames "Cheap Chinese Supply" For Losses, Lays Off 2,000 Employees
The post did not name the company or sector. However, the description mirrors challenges faced by many manufacturers.
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Axis Bank Cuts 3,000 Employees As Tech Investments Boost Productivity
Axis Bank's workforce declined by 3,000 in FY26 due to tech investments boosting productivity.
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BBC Layoffs: Broadcasting Giant To Cut 2,000 Jobs In Massive 500 Million Pounds Cost-Saving Overhaul
Broadcaster aims to save 10% of annual budget as it faces inflation, pressure on licence fee income and wider economic uncertainty.
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Oracle Starts Mass Layoffs: What Is the Severance Package Offered?
Oracle has launched global layoffs impacting thousands as it shifts focus to AI investments. Despite raising $50 billion recently, the firm plans no new debt in 2026. Affected employees will receive capped severance packages.
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Oracle Layoffs: Tech Giant To Cut Thousands Of Jobs Amid Rising AI Spending? Here's What We Know
As of May 2025, Oracle had a workforce of around 162,000 employees. The company has declined to comment on the layoffs.
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Amazon To Invest $200 Billion In AI After Washington Post Announces Layoffs
Amazon will spend $200 billion in 2026, over 50 per cent higher than last year, ramping up investment in artificial intelligence and robotics, the tech giant said.
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Bloodbath At The Washington Post: Ishaan Tharoor Among 300 Axed
In one of the most sweeping newsroom purges in recent American media history, The Washington Post has laid off more than 300 journalists and staff, over a third of its editorial workforce.
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Oracle May Lay Off 20,000-30,000 Employees To Fund AI Data Centre Expansion: Report
Oracle is further weighing plans to sell Cerner, its health-care software unit that the company acquired for $28.3 billion in 2022.
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Thousands Face The Axe As Global Firms Look For Return On Big AI Spending
Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
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Nike Plans Job Cuts As Revenue Falls 4% To $11.2 Billion
Nike expects full-year fiscal 2027 sales to fall by high-single digits after quarterly revenue dropped 4% to $11.2 billion and profit fell 2% to $712 million.
-
Starbucks Layoffs: Coffee Chain Cuts Over 200 Jobs; Here's What We Know
The cuts include 120 Seattle-based roles and 104 restructuring positions, while the company expands operations in Nashville.
-
Amazon Layoffs: Jobs Trimmed In Artificial Intelligence Group Even As Focus Stays On AI
Amazon confirmed layoffs within its AGI organisation but did not disclose the number of employees affected.
-
'No One Is Exempt': Ex-Microsoft Techie Sees Layoffs As Looming Reality, Pivots To Real Estate
Khawaja's remarks follow Microsoft's announcement that, as part of a larger restructuring, it would eliminate 4,800 positions, or around 2.1% of its worldwide staff.
-
AI-Led Job Cuts: How To Build A Financial Safety Net Before It Gets Too Late
The global technology sector has witnessed a fresh wave of layoffs in recent months, with companies such as Intel, Microsoft, Google, IBM, Infosys, and several other major firms reducing their workforce.
-
Starbucks Layoffs: Coffee Chain Cuts Hundreds Of Jobs In US — Here's What We Know
Starbucks will cut hundreds of jobs in Seattle and remote roles as part of CEO Brian Niccol's broader "Back to Starbucks" turnaround plan.
-
Firm In India Blames "Cheap Chinese Supply" For Losses, Lays Off 2,000 Employees
The post did not name the company or sector. However, the description mirrors challenges faced by many manufacturers.
-
Axis Bank Cuts 3,000 Employees As Tech Investments Boost Productivity
Axis Bank's workforce declined by 3,000 in FY26 due to tech investments boosting productivity.
-
BBC Layoffs: Broadcasting Giant To Cut 2,000 Jobs In Massive 500 Million Pounds Cost-Saving Overhaul
Broadcaster aims to save 10% of annual budget as it faces inflation, pressure on licence fee income and wider economic uncertainty.
-
Oracle Starts Mass Layoffs: What Is the Severance Package Offered?
Oracle has launched global layoffs impacting thousands as it shifts focus to AI investments. Despite raising $50 billion recently, the firm plans no new debt in 2026. Affected employees will receive capped severance packages.
-
Oracle Layoffs: Tech Giant To Cut Thousands Of Jobs Amid Rising AI Spending? Here's What We Know
As of May 2025, Oracle had a workforce of around 162,000 employees. The company has declined to comment on the layoffs.
-
Amazon To Invest $200 Billion In AI After Washington Post Announces Layoffs
Amazon will spend $200 billion in 2026, over 50 per cent higher than last year, ramping up investment in artificial intelligence and robotics, the tech giant said.
-
Bloodbath At The Washington Post: Ishaan Tharoor Among 300 Axed
In one of the most sweeping newsroom purges in recent American media history, The Washington Post has laid off more than 300 journalists and staff, over a third of its editorial workforce.
-
Oracle May Lay Off 20,000-30,000 Employees To Fund AI Data Centre Expansion: Report
Oracle is further weighing plans to sell Cerner, its health-care software unit that the company acquired for $28.3 billion in 2022.
-
Thousands Face The Axe As Global Firms Look For Return On Big AI Spending
Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
