"layoffs"

Around 900 medical coding professionals employed by a US-based healthcare analytics firm were allegedly terminated without prior notice in Kochi and Kozhikode. Following employee protests, the Kerala Labour Department intervened, putting the layoff process on hold pending further discussions

With AI-driven automation causing layoffs in IT and fintech, institutions are offering skilling programmes. IIIT-Hyderabad launched a PG certificate in AI/ML, IIT Guwahati introduced an MTech in Robotics and AI, and NIIT rolled out six GenAI programmes for diverse learners

Air India CEO Campbell Wilson urged employees to cut discretionary spending and defer non-critical costs amid financial pressures from global conflicts and rising fuel prices. The airline ruled out layoffs while adjusting pay timelines under its ongoing transformation plan

Cloudflare will cut over 1,100 jobs globally as it restructures operations around rising AI adoption. The company said AI usage internally surged 600 per cent, prompting organisational changes focused on the “agentic AI era” rather than traditional cost-cutting or performance-based layoffs

KPMG plans to cut 10 per cent of its US audit partners after an early retirement push fell short, joining a broader wave of global layoffs as companies restructure and increasingly adopt artificial intelligence-driven operations.

Meta Platforms and Microsoft plan major job cuts and buyouts amid rising AI investments. Workforce reductions and restructuring aim to streamline operations while expanding data centres and infrastructure to support growing artificial intelligence initiatives globally

Meta is reportedly planning to lay off at least 10 per cent of its workforce next month, with further cuts likely in 2026. The move comes amid a global surge in tech layoffs driven by AI-led restructuring and post-pandemic corrections.

Morgan Stanley has reportedly laid off about 2,500 employees, nearly 3% of its global workforce, amid shifting business priorities and performance reviews. The cuts span multiple divisions despite record 2025 revenues, while other firms like Amazon and Oracle also trim jobs

Shares of Block, Inc. surged over 20% after CEO Jack Dorsey announced 4,000 layoffs, citing artificial intelligence-driven efficiency. Investors welcomed the restructuring as the fintech firm reported strong quarterly profit growth

Former editor Martin Baron slams Bezos for attempting to curry favour with President Donald Trump, calling the turmoil at the Post “near-instant, self-inflicted brand destruction”

After multiple rounds of layoffs, Microsoft plans to grow its workforce again with a focus on artificial intelligence. CEO Satya Nadella said the company will pursue “targeted scaling,” using AI to enhance productivity and empower smaller team

Amazon will slash 14,000 corporate roles as it increases spending on artificial intelligence. The move, announced by Senior VP Beth Galetti, is aimed at reducing bureaucracy and realigning resources to support the company’s biggest technology priorities

Company, however, refutes allegation; says only a limited number of employees have been affected at its Pune office

The Seattle coffee giant will notify employees whose positions are being eliminated on September 26

The IT Ministry is monitoring TCS’ decision to lay off over 12,000 employees, mostly at mid- and senior levels. The government is focusing on job creation and reskilling as India’s largest IT firm realigns for AI-driven growth and global expansion

The move, targeting mainly mid and senior roles, comes as part of TCS’ strategy to become a “future-ready” organisation

The job cuts at Xbox are expected to impact several teams and also affect employees working in Microsoft’s global sales operations

It’s not clear how many employees are affected, but voluntary exit offers were made to staff in Google’s search, advertising, research and engineering units, according to The Wall Street Journal

The company has also offered voluntary retirement to employees aged 50-55 within its research and development division; multiple high-salaried employees across various departments have already been asked to resign, reports stated

The development comes at a time when several global companies, including Amazon, Intel and Goldman Sachs, are also cutting jobs amid the growing influence of AI and global economic uncertainty