Workforce Reduction
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Cognizant Reportedly Eyes Major Workforce Reduction Amid AI-Led Restructuring; India May Bear Brunt
Cognizant is said to be considering a major workforce reduction globally. In recent months, layoffs across the tech industry have accelerated, leading tech firms like Amazon, Meta, and Oracle to announce drastic workforce reductions. Cognizant, an IT consulting and outsourcing company, is reportedly the latest among them to plan significant job cut...
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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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Disney Prepares To Lay Off Up To 1,000 Employees Amid Economic Uncertainty
Disney plans to cut up to 1,000 jobs, mainly in marketing, under new CEO Josh D'Amaro amid economic uncertainty.
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Amid Layoffs, TCS Says Impacted Employees Have Been Given "Care And Support"
Months after Tata Consultancy Services announced that it would reduce its workforce by 2 per cent in its 2026 financial year, the company has said it is providing "care and support" to employees hit by the restructuring.
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Accenture Lays Off 11,000 Employees, CEO Reveals Why It's Necessary
The "number 1 strategy", according to CEO Julie Sweet, is "upskilling".
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Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
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NASA To Lose About 20% Of Staff Amid Trump's Federal Workforce Cuts
The US space agency NASA will lose about 3,900 employees under Donald Trump's sweeping effort to trim the federal workforce -- at the same time as the president prioritizes plans for crewed missions to the Moon and Mars.
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Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
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Boeing Fires 180 Employees In India Amid Workforce Reduction Plan: Report
Boeing, which has been facing multiple headwinds globally, has around 7,000 staff in India, which is also a key market for the company.
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Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues
Ola faces insolvency pleas from Rosmerta Digital Services Pvt. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively. Ola said it strongly disputes the claims and is seeking legal advice on the matter.
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NASA Cuts Jobs, Shuts Key Offices Under Trump's Executive Order
The National Aeronautics and Space Administration (NASA) has initiated a workforce reduction, leading to the closure of several key offices, including the Office of the Chief Scientist and the Office of Technology, Policy, and Strategy.
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US Federal Agencies Ordered To Prepare Major Job Cuts
US federal agencies have been directed to prepare sweeping workforce reduction plans as part of President Donald Trump's Department of Government Efficiency initiative, according to a memo issued Wednesday by top administration officials.
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Freshworks Announces 13% Workforce Reduction In Strategic Restructuring
Dennis Woodside, CEO of Freshworks, announced the company's decision to reduce its workforce by 13 per cent, impacting around 660 employees.
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Dell To Layoff Workers In Sales Team Reorganization With New AI-Focused Unit
Dell previously announced a major workforce reduction in early 2023, shedding 13,000 jobs in that fiscal year.
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Electronic Arts to Lay Off 5 Percent of Workforce, Reduce Office Space
Electronic Arts will reduce 5 percent of its workforce as part of a restructuring plan that also includes a reduction in real estate, the company said on Wednesday, as the video game industry struggles to grow amid high interest rates.
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Cognizant Reportedly Eyes Major Workforce Reduction Amid AI-Led Restructuring; India May Bear Brunt
Cognizant is said to be considering a major workforce reduction globally. In recent months, layoffs across the tech industry have accelerated, leading tech firms like Amazon, Meta, and Oracle to announce drastic workforce reductions. Cognizant, an IT consulting and outsourcing company, is reportedly the latest among them to plan significant job cut...
-
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.
-
Disney Prepares To Lay Off Up To 1,000 Employees Amid Economic Uncertainty
Disney plans to cut up to 1,000 jobs, mainly in marketing, under new CEO Josh D'Amaro amid economic uncertainty.
-
Amid Layoffs, TCS Says Impacted Employees Have Been Given "Care And Support"
Months after Tata Consultancy Services announced that it would reduce its workforce by 2 per cent in its 2026 financial year, the company has said it is providing "care and support" to employees hit by the restructuring.
-
Accenture Lays Off 11,000 Employees, CEO Reveals Why It's Necessary
The "number 1 strategy", according to CEO Julie Sweet, is "upskilling".
-
Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
-
NASA To Lose About 20% Of Staff Amid Trump's Federal Workforce Cuts
The US space agency NASA will lose about 3,900 employees under Donald Trump's sweeping effort to trim the federal workforce -- at the same time as the president prioritizes plans for crewed missions to the Moon and Mars.
-
Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
-
Boeing Fires 180 Employees In India Amid Workforce Reduction Plan: Report
Boeing, which has been facing multiple headwinds globally, has around 7,000 staff in India, which is also a key market for the company.
-
Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues
Ola faces insolvency pleas from Rosmerta Digital Services Pvt. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively. Ola said it strongly disputes the claims and is seeking legal advice on the matter.
-
NASA Cuts Jobs, Shuts Key Offices Under Trump's Executive Order
The National Aeronautics and Space Administration (NASA) has initiated a workforce reduction, leading to the closure of several key offices, including the Office of the Chief Scientist and the Office of Technology, Policy, and Strategy.
-
US Federal Agencies Ordered To Prepare Major Job Cuts
US federal agencies have been directed to prepare sweeping workforce reduction plans as part of President Donald Trump's Department of Government Efficiency initiative, according to a memo issued Wednesday by top administration officials.
-
Freshworks Announces 13% Workforce Reduction In Strategic Restructuring
Dennis Woodside, CEO of Freshworks, announced the company's decision to reduce its workforce by 13 per cent, impacting around 660 employees.
-
Dell To Layoff Workers In Sales Team Reorganization With New AI-Focused Unit
Dell previously announced a major workforce reduction in early 2023, shedding 13,000 jobs in that fiscal year.
-
Electronic Arts to Lay Off 5 Percent of Workforce, Reduce Office Space
Electronic Arts will reduce 5 percent of its workforce as part of a restructuring plan that also includes a reduction in real estate, the company said on Wednesday, as the video game industry struggles to grow amid high interest rates.
