Business
Meta has reassigned around 7,000 employees to new artificial intelligence-focused teams after a major round of layoffs, as the company deepens its shift towards AI-led product development and internal restructuring. Meta Employees Shifted To AI Teams The move was communicated through an
Business
A pregnant Meta employee has alleged that she was laid off just weeks before her maternity leave, triggering strong reactions online. The case has renewed debate over workplace empathy, employee rights and the impact of large-scale layoffs in the technology sector. Pregnant Meta Employee Alleges Layoff The employee claimed she was removed from her role […]
Business
Meta has begun cutting about 8,000 jobs as part of a major restructuring tied to its growing focus on artificial intelligence. The layoffs are part of a wider internal reset as the company reshapes teams, slows hiring in some areas and shifts more resources toward AI-led operations. Meta Layoffs Linked To AI Restructuring The latest […]
Business
Infosys CEO Salil Parekh has ruled out layoffs despite rapid changes in the IT services industry due to artificial intelligence, saying the company will focus on hiring, reskilling and AI-led growth. Infosys AI Growth Strategy Parekh said artificial intelligence is expected to expand the scope of work rather than reduce jobs at Infosys. He said […]
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,