ASML To Cut 1,700 Jobs In Restructuring

By BPN News Desk April 22, 2026

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

Business

Meta Plans Layoffs Affecting 8000 Jobs

By BPN News Desk April 18, 2026

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 Shift

By BPN News Desk April 2, 2026

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

TCS Plans 2% Workforce Cut Amid Restructuring

By BPN News Desk July 27, 2025

India’s largest IT services company, Tata Consultancy Services (TCS), has announced plans to reduce its global workforce by approximately 2%, which amounts to over 12,000 jobs. The decision is part of a broader strategic shift aimed at aligning operations with emerging technologies and changing market dynamics. The company, which currently employs over 613,000 people

International

SC Clears Way For Trump To Cut Education Dept

By BPN News Desk July 15, 2025

The United States Supreme Court has ruled in favour of the Trump administration, allowing it to proceed with a major restructuring of the Department of Education, including the planned layoff of around 1,400 employees. The decision overturns a lower court’s injunction that had temporarily blocked the move. The ruling, passed by a 6–3 majority, now […]

Business

Intel to Lay Off 4,000 Workers in July Restructuring

By BPN News Desk July 13, 2025

Leading chipmaker Intel is set to lay off approximately 4,000 employees across the United States, with around 2,400 jobs being cut in Oregon alone. The layoffs are part of a major restructuring effort aimed at reducing costs and improving operational efficiency. Oregon Hit Hardest by Cuts The majority of the job losses are concentrated at […]

International

US State Department to Cut Over 1,300 Jobs

By BPN News Desk July 11, 2025

The United States State Department is preparing to lay off more than 1,300 employees as part of a restructuring plan introduced under the Trump administration. This includes around 1,107 civil servants and 246 Foreign Service officers, who are expected to be placed on administrative leave for up to 120 days before formal termination procedures begin. […]