Oracle
Business

Oracle Cuts Jobs In India Amid AI Shift

By BPN News Desk
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 […]
meta
Business Markets

Meta Plans Major Layoffs Amid AI Push

By BPN News Desk
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 Cuts 3% Of Global Workforce

By BPN News Desk
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,
Oracle
Business

Oracle May Cut Up to 30,000 Jobs Amid Financial Strain

By BPN News Desk
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 […]
trade
Business

Amazon Cuts 16,000 Jobs in Latest Layoffs

By BPN News Desk
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
trade
Business

Amazon Plans Major Corporate Job Cuts

By BPN News Desk
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 […]
trade
Business

Porter Lays Off 300–350 Employees Amid Restructuring

By BPN News Desk
Logistics startup Porter has laid off between 300 and 350 employees as part of an internal restructuring aimed at improving efficiency and streamlining operations. The layoffs reportedly affect teams across multiple departments, including technology, operations, and support functions. The company has not publicly confirmed the exact number of affected employees. Reason
trade
Business

Amazon Plans Up To 30,000 Corporate Job Cuts

By BPN News Desk
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 […]

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