Business
Digital commerce giant Amazon is set to reduce its corporate workforce by up to 30,000 employees, representing nearly 10 percent of its estimated 350,000-strong corporate staff. This would mark the company’s largest job-cutting exercise since the 27,000 layoffs in late 2022 and early 2023. Reason Behind The Cuts Executives cited over-hiring during the pandemic, rising […]
Business
Retail giant Target has announced plans to eliminate about 1,000 current corporate jobs and scrap nearly 800 open positions, cutting roughly 8% of its global corporate workforce. The restructuring move is aimed at simplifying operations and improving efficiency. CEO Cites Too Many Layers Incoming CEO Michael Fiddelke, set to take over in early 2026, said […]
International
A U.S. federal judge has issued a temporary restraining order that bars the Trump administration from proceeding with layoffs of thousands of federal workers during the ongoing government shutdown. Judge’s reasoning Judge Susan Illston of the U.S. District Court in San Francisco found that the planned job cuts “appear politically motivated” and lack proper justification.
Op-Eds Opinion
The numbers are staggering. TCS, India’s largest IT services company, reported a headcount drop of nearly 20,000 employees in just one quarter. Attrition has actually fallen, so these exits cannot be explained away as voluntary churn. Instead, they signal a deeper restructuring—one that threatens to set off ripples across India’s white-collar job market. And yet, […]
Business
Google has terminated more than 200 contractors who worked on its Gemini chatbot and AI Overviews feature. The trimmed workforce were employees of outsourcing firm GlobalLogic and its subcontractors—not directly on Google’s payroll. Roles & Cost The laid-off contractors were part of a group known as “super raters.” Many had advanced degrees and were responsible […]