Layoffs
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Volkswagen To Cut 1 Lakh Jobs To "Align Workforce With Economic Realities"
German car giant Volkswagen said Thursday that management and unions had agreed to cut a further 50,000 jobs by the end of the decade, bringing total job losses to 100,000.
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Uber Employee Laid Off Days After Celebrating 4-Year Work Anniversary: "Never Imagined That..."
Sharing the news on social media, Gabbe said she never expected her work anniversary to be followed so quickly by the end of her time at the company.
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8,000 Applications, No Job: Ex-Google, Meta, Microsoft Workers Reveal The Harsh Reality After Layoffs
Four former Big Tech employees reveal how layoffs changed their careers, finances and attitudes towards job security, while forcing them to rethink life beyond corporate work.
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"Now I'm Selling Eggs": Laid Off From Amazon, Woman Shares How She Built Poultry Business From Six Chicks
After being laid off from Amazon, Maria Harshitha from Hyderabad turned six chicks into a poultry farm, inspiring thousands online.
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Fired Corporate Employee Takes Dishwashing Job To Avoid Feeling Useless: 'Not Doing For Money'
To combat the toll of prolonged unemployment, a laid-off corporate professional accepted a part-time dishwashing role paying $11 per hour.
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Weak Demand, China Competition: Behind Volkswagen's Plan To Cut 50,000 Jobs
The restructuring could even involve up to 100,000 jobs. If implemented, it would rank among the biggest restructurings in the auto industry.
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Private Banks Cut 13,000 Jobs Despite Opening New Branches. Here's Why
A bank has traditionally needed large teams to check documents, verify information, and process transactions. That equation is changing.
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Watch: Indian-Origin Techie's Father's Response To Layoff Goes Viral, Internet Calls It 'King Mentality'
Techie's father responded calmly, and his main concern was his son's emotional well-being and mental health.
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NRI On H-1B Visa Returns To India, Says There Was Always 'Air Of Loneliness' In US
Techie decides to move back to India after a prolonged job search and a constant feeling of loneliness in the US.
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Techie Laid Off After 25 Years At Adobe. He Now Drives A School Bus: "To New Beginnings"
After more than a year of searching, he decided to take a completely different path and accepted a job as a school bus driver with his local school district.
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Oracle Plans Fresh Layoffs After Cutting 21,000 Jobs Earlier This Year: Report
Oracle is reportedly planning another round of layoffs this month as it seeks to reduce costs while continuing its aggressive investment in AI infrastructure.
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Corporate Employee Laid Off In His 40s Reveals 3 Important Life Lessons
A corporate employee shares three key lessons he learned after being laid off in his 40s.
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India Seeing More AI-Linked Hires Than Layoffs, Says Nomura Report
India recorded 83,100 AI-related hires during the period, compared with 31,921 layoffs and attrition, according to the report released Friday.
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Opinion | Age Of The Pink Slip: India's Brutal IT Layoffs Are No Longer About Cost-Cutting
The four biggest IT firms, TCS, Infosys, HCLTech, and Wipro, removed a net 9,100 people in the April-June quarter this year. A year earlier, in the same quarter, they had added 22,622.
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Amid Visa Layoffs, Bengaluru Employee Says Taxing Severance Pay Is 'Inhumane': "Needs To Change"
Calling for policy reforms, he said exempting or reducing tax on severance would provide meaningful relief to families during difficult transitions and better complement the support offered by employers.
-
Volkswagen To Cut 1 Lakh Jobs To "Align Workforce With Economic Realities"
German car giant Volkswagen said Thursday that management and unions had agreed to cut a further 50,000 jobs by the end of the decade, bringing total job losses to 100,000.
-
Uber Employee Laid Off Days After Celebrating 4-Year Work Anniversary: "Never Imagined That..."
Sharing the news on social media, Gabbe said she never expected her work anniversary to be followed so quickly by the end of her time at the company.
-
8,000 Applications, No Job: Ex-Google, Meta, Microsoft Workers Reveal The Harsh Reality After Layoffs
Four former Big Tech employees reveal how layoffs changed their careers, finances and attitudes towards job security, while forcing them to rethink life beyond corporate work.
-
"Now I'm Selling Eggs": Laid Off From Amazon, Woman Shares How She Built Poultry Business From Six Chicks
After being laid off from Amazon, Maria Harshitha from Hyderabad turned six chicks into a poultry farm, inspiring thousands online.
-
Fired Corporate Employee Takes Dishwashing Job To Avoid Feeling Useless: 'Not Doing For Money'
To combat the toll of prolonged unemployment, a laid-off corporate professional accepted a part-time dishwashing role paying $11 per hour.
-
Weak Demand, China Competition: Behind Volkswagen's Plan To Cut 50,000 Jobs
The restructuring could even involve up to 100,000 jobs. If implemented, it would rank among the biggest restructurings in the auto industry.
-
Private Banks Cut 13,000 Jobs Despite Opening New Branches. Here's Why
A bank has traditionally needed large teams to check documents, verify information, and process transactions. That equation is changing.
-
Watch: Indian-Origin Techie's Father's Response To Layoff Goes Viral, Internet Calls It 'King Mentality'
Techie's father responded calmly, and his main concern was his son's emotional well-being and mental health.
-
NRI On H-1B Visa Returns To India, Says There Was Always 'Air Of Loneliness' In US
Techie decides to move back to India after a prolonged job search and a constant feeling of loneliness in the US.
-
Techie Laid Off After 25 Years At Adobe. He Now Drives A School Bus: "To New Beginnings"
After more than a year of searching, he decided to take a completely different path and accepted a job as a school bus driver with his local school district.
-
Oracle Plans Fresh Layoffs After Cutting 21,000 Jobs Earlier This Year: Report
Oracle is reportedly planning another round of layoffs this month as it seeks to reduce costs while continuing its aggressive investment in AI infrastructure.
-
Corporate Employee Laid Off In His 40s Reveals 3 Important Life Lessons
A corporate employee shares three key lessons he learned after being laid off in his 40s.
-
India Seeing More AI-Linked Hires Than Layoffs, Says Nomura Report
India recorded 83,100 AI-related hires during the period, compared with 31,921 layoffs and attrition, according to the report released Friday.
-
Opinion | Age Of The Pink Slip: India's Brutal IT Layoffs Are No Longer About Cost-Cutting
The four biggest IT firms, TCS, Infosys, HCLTech, and Wipro, removed a net 9,100 people in the April-June quarter this year. A year earlier, in the same quarter, they had added 22,622.
-
Amid Visa Layoffs, Bengaluru Employee Says Taxing Severance Pay Is 'Inhumane': "Needs To Change"
Calling for policy reforms, he said exempting or reducing tax on severance would provide meaningful relief to families during difficult transitions and better complement the support offered by employers.
