Tech Lay Offs
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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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Meta To Lay Off Around 8,000 Employees By Next Month: Report
The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, one of the sources said.
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Oracle to Reportedly Lay Off Thousands of Employees
Oracle is reportedly laying off thosands of employees, according to a CNBC report. The cloud computing firm declined to comment on the report, although several social media users on Reddit, X and anonymous workplace network Blind, shared details of the potential cuts, fuelling uncertainty and confusion among employees.
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Bill Gates-Backed Breakthrough Energy Halts New Investment, Lays Off Staff
Breakthrough Energy, the Bill Gates-backed group that bankrolls climate tech, has stopped making new investments from one of its key funds to scale up nascent green technologies.
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Jack Dorsey’s Block Is Reportedly Planning to Lay Off Hundreds of Employees
Jack Dorsey’s Block (formerly Square) is reportedly planning a large-scale layoff in the coming days. As per the report, the financial services tech platform might cut down as much as 10 percent of its workforce, as part of its upcoming annual performance reviews. The company reportedly has just shy of 11,000 employees, which means the potential ...
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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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Jeff Bezos-Owned Washington Post Fires Tech Reporter Who Covered Amazon
Caroline O'Donovan, who joined The Post in 2022, reported on technology companies and corporate accountability, with a particular focus on Amazon.
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Laid-Off Techie Shares How Overwork And Stress Harm Health In The Industry
The tech professional shared this post as a warning to others who are in a similar work environment.
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Mark Zuckerberg Plans 30% Budget Cuts To Build Metaverse, Layoffs Loom
Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.
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62-Year-Old Microsoft Employee Laid Off After 20 Years: "It Feels Like A Betrayal"
In May, he found out he and 14 others in his group, including four managers, were laid off.
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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.
-
Meta To Lay Off Around 8,000 Employees By Next Month: Report
The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, one of the sources said.
-
Oracle to Reportedly Lay Off Thousands of Employees
Oracle is reportedly laying off thosands of employees, according to a CNBC report. The cloud computing firm declined to comment on the report, although several social media users on Reddit, X and anonymous workplace network Blind, shared details of the potential cuts, fuelling uncertainty and confusion among employees.
-
Bill Gates-Backed Breakthrough Energy Halts New Investment, Lays Off Staff
Breakthrough Energy, the Bill Gates-backed group that bankrolls climate tech, has stopped making new investments from one of its key funds to scale up nascent green technologies.
-
Jack Dorsey’s Block Is Reportedly Planning to Lay Off Hundreds of Employees
Jack Dorsey’s Block (formerly Square) is reportedly planning a large-scale layoff in the coming days. As per the report, the financial services tech platform might cut down as much as 10 percent of its workforce, as part of its upcoming annual performance reviews. The company reportedly has just shy of 11,000 employees, which means the potential ...
-
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.
-
Jeff Bezos-Owned Washington Post Fires Tech Reporter Who Covered Amazon
Caroline O'Donovan, who joined The Post in 2022, reported on technology companies and corporate accountability, with a particular focus on Amazon.
-
Laid-Off Techie Shares How Overwork And Stress Harm Health In The Industry
The tech professional shared this post as a warning to others who are in a similar work environment.
-
Mark Zuckerberg Plans 30% Budget Cuts To Build Metaverse, Layoffs Loom
Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.
-
62-Year-Old Microsoft Employee Laid Off After 20 Years: "It Feels Like A Betrayal"
In May, he found out he and 14 others in his group, including four managers, were laid off.
