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.
Category : Search result: telecom job cuts
German chemical giant cuts 1,500 jobs globally
German chemical major Wacker Chemie announces 1,500 job cuts, nearly 10% of workforce, to save €300 million annually. Shares rise 2% amid industry downturn.
New Telecom Cybersecurity Rules Enforced in India
DoT confirms new cybersecurity measures for telecom providers are now mandatory. Learn how these rules protect consumer data and strengthen India's digital infrastructure.
Airtel Escalates Dispute with Tata's Tejas Over Equipment
Airtel accuses Tata's Tejas Networks of supplying sub-standard gear to BSNL, causing service interference. The technical standoff highlights India's telecom self-reliance push. Read the full details.
HP to Cut 6,000 Jobs by 2028 in Major Restructuring
HP announces 4,000-6,000 job cuts by fiscal 2028, adding to earlier layoffs. Learn practical strategies to navigate tech sector uncertainty and protect your career.
Swire Group Cuts 10% Hong Kong Jobs in Restructuring
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Verizon's Massive Layoffs: Ex-CEO's Viral Message
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP Cuts 6,000 Jobs, Apple Reduces Sales Staff
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
HP to Cut 6,000 Jobs, Save $1B Annually with AI
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.
Apple Layoffs Hit US Sales Teams in Strategic Shift
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
Vodafone Idea Survival: Inside India's Telecom Drama
Explore how Vodafone Idea's near-collapse and revival mirrors India's 25-year telecom evolution, from policy chaos to billionaire rivalries. Discover the untold story behind the rescue.
Ring Forces Hundreds of Remote Workers to Relocate
Amazon's Ring division mandates hundreds of customer service workers to relocate to central hubs in US and UK as company shifts to AI-powered support system. Read the full story.
Amazon Layoffs Hit Engineers Hardest: 40% Impact
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Gold Falls on Strong US Jobs Data, Fed Rate Cut Doubts
Gold prices declined as robust US September job growth strengthened the dollar and reduced expectations of Federal Reserve rate cuts in December. Market uncertainty prevails.
Verizon Cuts 13,000 Jobs in Largest Workforce Reduction
Verizon announces elimination of 13,000 positions amid competitive pressures. CEO cites need to streamline operations. Discover how this impacts telecom industry.
Verizon Cuts 13,000 Jobs in Major Restructuring
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
BSNL Q2 Loss Widens to ₹1,357 Crore Despite Revenue Rise
State-run BSNL's net loss widened to ₹1,357 crore in September quarter despite 6.6% revenue growth. Higher depreciation from ₹25,000 crore capex impacts profitability. Read full analysis.
SC Softens Blow on Telecom Dues, Allows AGR Reconsideration
Supreme Court permits reconsideration of AGR dues for Vodafone, potentially waiving interest and penalties that constituted 75% of Rs 93,000 crore demand. Relief for telecom sector.
SC to Rule on Spectrum Sale in Telco Insolvency Cases
Supreme Court deliberates whether telecom spectrum can be sold during bankruptcy. Government ministries divided as ₹40,000 crore remains stuck in Aircel, RCom cases. Read the full analysis.
Amazon Layoffs: 14,000 Jobs Cut Via Text-Email
Amazon's text-email layoff strategy marks new corporate downsizing tactics. Learn how companies are evolving termination methods and employee reactions.
Verizon Layoffs: 15,000 Jobs Cut Amid Restructuring
Verizon announces 15,000 job cuts targeting management roles as subscriber growth slows. New CEO Dan Schulman leads restructuring amid rising competition.
Verizon Plans 15,000 Job Cuts in Turnaround Strategy
America's largest telecom Verizon plans 10,000-15,000 job cuts next week as new CEO Dan Schulman implements aggressive turnaround strategy. Read exclusive details.
Vodafone Idea Hunts for New COO in Comeback Bid
Vodafone Idea is searching for a new chief operating officer as the telecom giant aims for recovery with government relief and improved quarterly performance. Read more.
US Job Cuts Hit 1.1 Million, Near Recession Levels
American job market faces alarming downturn as layoffs hit 1.1 million through October, reaching levels not seen since pre-pandemic recessions. New report reveals worrying trends.
SC Allows Spectrum Transfer in Aircel Insolvency Case
In a groundbreaking verdict, India's Supreme Court clears the path for telecom spectrum transfer during corporate insolvency, providing major relief to stressed telecom companies and reshaping the industry's future.
Amazon's Brutal Layoff Email: 'No Longer Required To Work'
An internal Amazon layoff email revealing cold, corporate language sparks outrage as tech giant continues massive job cuts affecting thousands of employees worldwide.
IBM to Cut Thousands of Jobs in Major Restructuring
IBM becomes the latest tech giant to announce massive workforce reductions, planning to cut thousands of jobs globally as the technology sector's restructuring continues.
Airtel Outpaces Jio in ARPU: Q2 FY26 Results
Bharti Airtel continues to lead the ARPU battle against Reliance Jio with impressive Q2 FY26 results. Discover how Airtel's premiumization strategy is paying off and what this means for India's telecom sector.
American Airlines Cuts Hundreds of Jobs at Texas HQ
American Airlines reveals significant workforce reduction at Fort Worth headquarters after reporting disappointing third-quarter results, signaling restructuring amid financial challenges.
IBM Layoffs: Thousands of Jobs Cut in Tech Restructuring
Tech giant IBM announces massive workforce reduction affecting thousands of employees worldwide as company shifts focus toward AI and software growth. Exclusive details inside.
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