Microsoft Denies Massive 22,000 Layoff Rumours
Microsoft's top communications executive Frank Shaw has slammed reports of 11,000 to 22,000 job cuts as '100% made up'. Get the full story on the rumours and Microsoft's recent history with layoffs.
Category : Search result: recession layoffs
Microsoft Layoffs: Up to 22,000 Jobs May Be Cut
Microsoft is reportedly planning major layoffs of 11,000 to 22,000 employees this month, marking its biggest job cut yet. The move is linked to rising AI investment costs. Read more.
Newlywed Indian Tech Couple Laid Off in US: Manager Empathy vs Cruelty
An Indian-origin software engineer's viral Instagram Reel details how she and her husband were laid off days after their wedding. The stark contrast in how their two managers delivered the news made all the difference for their confidence and self-worth.
Why India's 8.2% Growth Thrives Despite Trump's Tariff Wars
Despite Trump's 2025 tariff shocks causing a global recession, India and the US posted stellar growth. Explore how India's economy defied predictions. Read more for an in-depth analysis.
Intel CEO's Turbulent 2025: Layoffs, Bailout & Trump Clash
Intel CEO Lip-Bu Tan reflects on a defining 2025 marked by mass layoffs, a White House rescue, and a public clash with Donald Trump. Read his full New Year message and the chipmaker's turnaround story.
Musk's Twitter Efficiency Crusade: High Cost, Low Savings
An in-depth analysis of Elon Musk's drastic cost-cutting at Twitter (now X), revealing how the efficiency drive caused major breakdowns while saving surprisingly little. Discover the real impact.
Coca-Cola Bottler HCCB Lays Off 300 Employees
Hindustan Coca-Cola Beverages plans to cut 4-6% of its workforce to streamline operations after a 73% profit decline. Details on the restructuring and market impact.
US Consumer Confidence Plummets to Tariff-Era Low
US consumer confidence fell sharply in December, reaching its lowest level since the Trump-era tariffs. Rising prices, trade levies, and job market worries fuel anxiety. Read the full analysis.
FedEx Hires 500 Foreign Workers After $2.24B US Contract
FedEx faces scrutiny as H-1B visa hires surge to 500 after a $2.24 billion US government contract, while hundreds of American jobs are cut across multiple states. Read the full story.
Telefonica Slashes 5,500 Jobs in $2.9B Restructuring
Spanish telecom giant Telefonica SA will cut 5,500 jobs at a $2.9 billion cost, aiming for over $700 million in annual savings. The move follows a trimmed cash flow outlook and a halved dividend. Get the latest business news updates.
Fed's Miran: No rate cuts could trigger US recession
Federal Reserve member Stephen Miran cautions that failing to lower interest rates heightens the risk of a US recession. Get the latest updates on the US economy and monetary policy.
AI Job Cuts: 55,000 Layoffs in US, Total Hits 1.17M in 2025
AI is reshaping the 2025 job market, causing 55,000 US layoffs. Major firms like Amazon and Microsoft cite AI restructuring. Explore the data and expert debate on this workforce transformation.
AI Drives Major Tech Layoffs in 2025, Indian IT Impacted
In 2025, AI became a primary driver of tech layoffs, with over 55,000 US jobs cut. Amazon, Microsoft, IBM, and Indian IT firms like TCS saw significant workforce reductions. Explore the data and impact.
Warikoo's Dark Phase After $17M Funding & Layoffs
Entrepreneur Ankur Warikoo opens up about the emotional turmoil after raising $17M from Sequoia India, leading to painful layoffs of 80 employees. Discover his coping mechanisms.
Amazon Layoffs in Luxembourg Hit Indian Workers Hard
Amazon's largest job cuts in Luxembourg in 20 years force 370 employees out. Indian and foreign staff face a 3-month deadline to find new jobs or leave the EU. Read the full impact.
US Tech Job Market Tightens: AI Reshapes Hiring Landscape
US tech sector faces a reckoning as job postings fall by 31,800 and unemployment rises to 4%. AI is now a baseline skill, reshaping hiring towards precision over scale. Read the full analysis.
Amazon Cuts 370 Jobs in Luxembourg, Hits Engineers Hard
Amazon's latest layoffs in Europe signal a harsh new reality for software engineers as AI reshapes tech careers. Discover what this means for Indian students and professionals.
Amazon cuts 84 more jobs in Washington state
Amazon announces 84 new job cuts in Washington state, unrelated to its global 14,000 layoffs. The separations, affecting tech and HR roles, are scheduled for 2026. Read the full details.
Why Experts Got Trump's Tariffs Wrong: An Economic Reality Check
Economists predicted recession, Trump promised a boom. Eight months after major tariffs, the US economy tells a different story. We analyse the six key predictions vs. reality.
US Ed Dept Recalls Staff to Tackle Civil Rights Backlog
The Trump administration recalls dozens of Education Department workers to address a growing backlog of over 25,000 civil rights complaints. A temporary fix amid ongoing layoff plans.
Kiyosaki Warns of 2026 Layoffs, Advises on Recession-Proofing
Author Robert Kiyosaki warns of bigger layoffs in 2026 and shares key strategies to build wealth during the coming recession. Learn how to protect your savings and find opportunities.
Meta Cuts 30% from Metaverse, Shifts Billions to AI
Mark Zuckerberg announces deep cuts to Reality Labs and January layoffs after $70B metaverse losses. Meta pivots billions to AI like Llama and smart glasses. Investors cheer as stock jumps 6%. Read the full story.
US Judge Blocks 250 State Department Job Cuts
A US federal judge has temporarily blocked the layoff of 250 State Department employees. The ruling cites a law passed after the government shutdown. Read the full story for details.
Amazon CEO: AI is a tool, not a job replacement
AWS CEO Matt Garman says AI amplifies human capability, not eliminates jobs. Yet, Amazon's recent layoffs and internal dissent raise questions. Read the full story.
IBM CEO: AI Not Main Cause of Tech Layoffs, It's a Correction
IBM CEO Arvind Krishna refutes AI as primary cause of tech layoffs, calling it a 'natural correction' post-pandemic over-hiring. He projects up to 10% AI-led job displacement, but sees long-term hiring growth. Read more.
Omnicom Cuts 4,000 Jobs, Merges Agencies After IPG Deal
Omnicom announces over 4,000 layoffs and major agency mergers following its $13 billion acquisition of rival IPG. CEO says savings will exceed $750 million. Read the full story.
Roubini's 2026 US Economic Forecast: 3 Key Scenarios
Economist Nouriel Roubini predicts three paths for the US economy in 2026: a Goldilocks soft landing, a shallow recession, or a no-landing scenario. Explore the factors shaping America's economic future.
Algoma Steel to Cut 1,000 Jobs Due to US Tariffs
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
Baidu Layoffs: 40% Staff Cut After Huge Quarterly Loss
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
Putin Mocks Europe's Economy, Cites Russia-China Success
Russian President Vladimir Putin delivers scathing critique of Europe's economy, highlights Russia-China growth while EU faces recession. Read his full assessment.
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