Business

Target to Cut 1,800 Corporate Roles

By BPN News Desk October 24, 2025

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 […]

Business Finance

HDFC Bank Says AI Will Not Lead to Layoffs

By BPN News Desk October 19, 2025

HDFC Bank has clarified that the adoption of artificial intelligence will not result in job cuts. CEO Sashidhar Jagdishan said the bank sees AI as a tool to enhance efficiency and redeploy staff into customer-facing and technology roles rather than reduce its workforce. AI Experiments in Progress The bank, with a workforce of around 2.20 […]

International

Judge Blocks Trump Layoffs Amid Shutdown

By BPN News Desk October 16, 2025

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.

International

Trump Administration Begins Layoffs of Federal Workers

By BPN News Desk October 11, 2025

The Trump administration has initiated the process of laying off federal employees amid a continuing government shutdown, with thousands of positions targeted. The Office of Management and Budget (OMB) confirmed that “substantial” reductions in force (RIFs) have begun across multiple federal agencies. Officials informed a court filing that more than 4,000 positions were

Op-Eds Opinion

IT Jobs Vanish, Minister’s Son Rides Ethanol Boom

By BPN News Desk October 10, 2025

India today is witnessing two parallel realities. In one, thousands of engineers and IT professionals are waking up to pink slips from companies like TCS, Infosys, and Wipro. These were the children of ordinary middle-class families who sold land, mortgaged houses, and took loans so their children could study Computer Science and join the great […]

Op-Eds Opinion

No Bailouts, No Excuses: How GOI Can Stop IT Layoffs Without Spending Billions

By BPN News Desk October 10, 2025

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, […]

International

White House Warns of Layoffs Amid Shutdown Impasse

By BPN News Desk October 6, 2025

The White House has warned that massive federal layoffs may begin if ongoing shutdown negotiations with Congress fail to make progress. Officials say they are preparing for cuts, while still hoping a deal can be reached to avoid job losses. Layoff Threat If Talks Stall Kevin Hassett, director of the National Economic Council, said President […]

Business

Google Lays Off 200+ Contractors behind Gemini AI

By BPN News Desk September 17, 2025

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 […]

Business

TCS Denies Union’s Claim of 30,000 Layoffs Amid Protests

By BPN News Desk August 20, 2025

The Union of IT & ITES Employees (UNITE) organized demonstrations across Indian cities to protest Tata Consultancy Services’ (TCS) decision to lay off staff. The union alleged that job cuts could affect up to 30,000 employees, calling the scale of retrenchment excessive and demanding government intervention and swift resolution. Supported by CITU, UNITE warned that

Business

Microsoft Says Layoffs Not Linked to H‑1B Visas

By BPN News Desk July 30, 2025

Microsoft has stated that its recent job cuts, which affected around 9,000 employees globally, are not related to the company’s use of the H‑1B visa program. The clarification comes in response to political criticism suggesting that the company laid off American workers while continuing to bring in foreign talent. Political Criticism from U.S. Leadership U.S. […]