Thursday, October 16, 2025

Tag: Layoffs

Goldman Sachs Plans Job Cuts as AI Reshapes Operations

Goldman Sachs is preparing for another round of job cuts as part of its broader strategy to integrate artificial...

CDC Reinstates Hundreds After Layoff Notification Errors

Hundreds of employees at the U.S. Centers for Disease Control and Prevention (CDC) who were initially laid off during...

Silent Layoffs Displace 50,000 Tech Workers in 2025

India’s technology sector is witnessing a quiet but significant churn in 2025, as “silent layoffs” continue to displace thousands...

Accenture Cuts Jobs, Invests in AI-Led Transformation

Accenture has spent approximately $2.3 billion over the past three years on a sweeping business optimization initiative, with a...

SAP and Novo Nordisk Job Cuts Impact India Workforce

Global workforce reductions announced by SAP and Novo Nordisk have begun to affect employees in India, particularly in Bengaluru,...

SMA Solar to Cut 350 Jobs Globally Amid Market Pressures

German solar inverter manufacturer SMA Solar Technology AG has announced plans to reduce its global workforce by 350 positions...

Renault Considers 3,000 Job Cuts in Global Restructuring

French automaker Renault is considering a global workforce reduction of approximately 3,000 jobs, primarily targeting support functions, as part...

TCS Offers Up to Two Years’ Pay to Long-Serving Employees

Tata Consultancy Services (TCS) has introduced a tiered severance package with a minimum payout of six months’ salary, as...

Exxon Mobil Faces Scrutiny Over Global Layoff Plans

Exxon Mobil has announced a workforce reduction plan that will affect approximately 2,000 employees globally by the end of...

Big Payout, Bigger Tax: TCS Employees Face Surprise Burden

Tata Consultancy Services (TCS), India’s largest IT services firm, is undergoing a significant workforce restructuring, impacting approximately 12,000 employees—roughly...

US Senators Question TCS on Hiring Practices and H-1B Visa Use

Two senior U.S. Senators—Charles Grassley, Chairman of the Senate Judiciary Committee, and Richard Durbin, the committee’s ranking member—have formally...

TCS Denies Reports of 30,000 Layoffs, Only 2% Reduction

Tata Consultancy Services (TCS), India’s largest IT services company, has denied reports suggesting that it plans to lay off...