In a significant move reflecting the changing landscape of the global tech industry, Oracle has reportedly initiated a major restructuring phase, resulting in the layoff of approximately 12,000 employees from its Indian
The global job market is currently characterized by significant uncertainty, marked by a continued surge in mass layoffs across major corporations, particularly in the technology and media sectors. This trend is escalating
Elon Musk’s AI startup, xAI, is making headlines again—this time for laying off at least 500 generalist AI tutors while planning to build a new team of specialist AI experts. The company’s
Amazon, the e-commerce giant, has announced a new round of layoffs, affecting ‘several hundred’ employees from its Prime Video and MGM Studios division. This move comes after Amazon laid off thousands of
Unity Software, a prominent provider of videogame software, has recently disclosed plans for its largest workforce reduction in history, targeting a 25% cut, which translates to approximately 1,800 jobs. The decision, unveiled
One 97 Communications, the parent company of Paytm, has reportedly laid off over 1,000 employees across multiple units in recent months. This move is seen as a cost-cutting measure as the company
