Browsing: job cuts

TCS to lay off 12,000 employees amid skill mismatches and restructuring, as AI-driven shifts and global demand challenges reshape India’s IT sector.

Microsoft is laying off 9,000 employees or less than 4% of its global workforce even when it reports strong earnings and deepens investments in AI. The move reflects broader tech industry trends as companies streamline operations and shift toward automation.

Bumble focuses to save $40 million in annual cost savings while laying off about 240 employees

“The impact on H-1B holders is the most. Life does change drastically for them”

13,000 laid off will be informed within the next 6 months.