Business
Meta, Microsoft Cuts May Hit 23,000 Roles Meta and Microsoft are moving to reduce workforce costs as both companies increase spending on artificial intelligence and data centre infrastructure. The latest round of job cuts, buyouts and unfilled roles could affect around 23,000 positions across the two tech giants. Meta Layoffs To Affect 8,000 Employees Meta […]
Business
Dutch chip equipment giant ASML, now regarded as Europe’s most valuable company, is moving ahead with plans to cut around 1,700 jobs as part of a major internal restructuring despite strong business growth. The layoffs amount to roughly 4 percent of its global workforce and have drawn attention because they come even as the company […]
Business
Meta is preparing for another major round of job cuts, with about 8,000 roles, roughly 10% of its global workforce, expected to be affected in the first phase beginning in May 2026. The move comes as the company reorganises around artificial intelligence and broader efficiency goals, despite remaining financially strong. Meta Layoffs 2026 Plan The […]
Business
Oracle Cuts Jobs In India Amid AI Restructuring Oracle has reportedly laid off around 10,000 employees in India as part of a wider global restructuring drive, with the cuts linked to cost pressures and slower-than-expected returns from its artificial intelligence push. The move is being seen as one of the biggest recent workforce reductions in […]
Business Markets
Meta is preparing another round of workforce reductions as the company increases investment in artificial intelligence infrastructure and technology. The move reflects a broader shift in the global technology sector, where companies are restructuring operations and reallocating resources to support rapid AI development. Meta Layoffs Linked To AI Investment Meta is
Business
Morgan Stanley has laid off around 3 percent of its global workforce, affecting approximately 2,500 employees across various divisions. The move comes as the global investment bank adjusts its workforce amid changing market conditions and shifting business priorities. Morgan Stanley Layoffs Affect Around 2,500 Employees The layoffs impact roughly 2,500 employees worldwide,
Business
Oracle is reportedly planning large-scale job cuts, with estimates suggesting up to 30,000 positions could be eliminated globally as the company looks to manage rising costs and financial pressure. The potential layoffs would mark one of the biggest workforce reductions in Oracle’s history if implemented. Cost Pressures and AI Investments The move is linked to […]
Business
Amazon has announced a fresh round of job cuts, eliminating around 16,000 corporate roles globally as part of an ongoing restructuring effort. The move is aimed at reducing costs and streamlining management layers amid a changing economic environment. Focus on Efficiency and Restructuring The company said the layoffs are concentrated largely in corporate and administrative
Business
Amazon is preparing to announce a fresh round of corporate job cuts as early as next week, as part of a broader plan to reduce its white-collar workforce by nearly 30,000 roles. The move is part of ongoing cost-cutting and restructuring efforts across the company. Teams Likely Affected The planned layoffs are expected to impact […]