job cuts

Trump Administration Plans Federal Layoffs As Government Shutdown Begins

House Minority Leader Hakeem Jeffries pushed back against the administration’s stance, branding it a “job-killing administration.”

Oct 02, 2025, 06:27 AM IST

Rs 100 Crore Revenue Gone! MPL Axes 60% of Staff After Paid Games Ban

The move has forced many gaming apps—once booming on the back of fantasy cricket, rummy, and poker—to shut down their paid offerings.

 

Aug 31, 2025, 20:07 PM IST

Morgan Stanley To Cut Nearly 2,000 Jobs To Trim Costs

Bank of America also recently laid off 150 junior bankers from its investment banking division.

Mar 21, 2025, 15:30 PM IST

Job Cuts In 2025: Microsoft, BlackRock, And More US Firms Set To Cut Workforce– Check Full List

Layoffs are expected to continue in 2025 with major companies like Microsoft, BlackRock and Ally Financial planning to reduce their workforce. 

Jan 11, 2025, 14:22 PM IST

Tesla’s Senior Vice President Drew Baglino Resigns Amid Job Cuts

Baglino comes with 18 years of experience and has been part of Tesla since 2006. 

Apr 16, 2024, 18:12 PM IST

Layoffs Might Get Worse This Year, 98% Surge in US Layoffs Last Year Reports Claim

The report said, around 168,032 employees were laid off in 2023 with 73% increase from the last year. 

Jan 23, 2024, 13:46 PM IST

Alibaba To Make Significant Job Cuts Amid IPO Plans

In March, Alibaba Group planned to split into six business groups and launch separate public listings, triggering mass layoff, according to a Nikkei Asia report.

May 24, 2023, 12:02 PM IST

Vodafone To Cut 11,000 Jobs Over Next 3 Years, Sees Big Drop In Cash Flow

Vodafone has recently cut jobs in several of its big markets, shedding 1,000 in Italy earlier this year and a media report said it was looking to cut around 1,300 in Germany.

May 16, 2023, 12:36 PM IST

Massive job cut: Dailyhunt & Josh parent firm VerSe Innovation lays off 150 employees

VerSe Innovation has also reduced salaries by up to 11 per cent for employees who earn over Rs 10 lakh per annum, the sources added.

Nov 29, 2022, 10:01 AM IST

DNA: Why are big companies laying off employees?

According to a New York Times report, the biggest e-commerce company Amazon is about to lay off employees on a large scale. In the name of cost cutting, they are preparing to fire about 11,000 employees. This will be the biggest layoff ever in Amazon's history.

Nov 15, 2022, 23:36 PM IST

Job opportunities in plenty, lack of capability in north Indians: Labour minister Santosh Gangwar

The minister said what’s lacking is skillset and capabilities in north Indians, as there are a number of job opportunities across several sectors.

Sep 15, 2019, 14:48 PM IST

Axe falls on 18,000 Deutsche Bank jobs in USD 8.3 billion reinvention

In a retreat from a decades-long ambition to make its struggling investment bank, which employs 38,000 people, a force on Wall Street, Deutsche Bank said on Sunday it would scrap its global equities operations and cut some in fixed income.

Jul 08, 2019, 19:54 PM IST

GM plants to cut 5,000 South Korean jobs, keep production at current level

The US automaker announced last month that it would shut down a factory in Gunsan, southwest of Seoul.

Mar 02, 2018, 15:45 PM IST

Deutsche Bank to cut up to 500 investment banking jobs: Report

Deutsche's Corporate and Investment Bank had 17,251 full-time employees at the end of 2017.

Feb 19, 2018, 23:54 PM IST

Amazon cutting hundreds of jobs: Report

According to the report, the layoffs are primarily focused on the online giant's consumer retail businesses.

Feb 13, 2018, 00:01 AM IST

Credit Suisse announces 4,000 job cuts amid big Q4 loss

Credit Suisse is cutting roughly 4,000 jobs to reduce costs after announcing a massive pre-tax loss in the fourth quarter that includes "substantial charges which are not reflective of our underlying business performance," the bank said Thursday.

Feb 04, 2016, 22:16 PM IST

Half a million jobs to be cut globally! Check out which cos are slashing jobs

We give a list of some of the major companies of the world that are cutting jobs.

Feb 03, 2016, 23:52 PM IST

Ford to cut hundreds of jobs in Europe to boost profitability

US auto giant Ford plans to cut hundreds of jobs in Europe in a bid to strengthen profitability in the region, it said Wednesday, just days after turning in its first annual profit in years.

Feb 03, 2016, 20:26 PM IST

Shell Q2 net profit drops 37%, to cut 6,500 jobs this year

Royal Dutch Shell on Thursday reported a 37 percent drop in second quarter profits and said it would cut 6,500 jobs this year and reduce spending further to deal with an extended period of lower oil prices.

Jul 30, 2015, 14:04 PM IST

News Corp`s WSJ seeing cuts, shifting resources

The Wall Street Journal and its Dow Jones parent announced Thursday an unspecified number of job cuts and the closing of some foreign bureaus as they shift resources into digital.

Jun 19, 2015, 00:15 AM IST