Layoffs News: Layoffs Latest News, Layoffs Today news, Layoffs Breaking News

3,000 job cuts & 600M-euro AI investment: Commerzbank layoffs announced amid UniCredit takeover

German lender Commerzbank announced massive layoffs amid AI restructuring to increase financial targets.

Updated: May 8, 2026 18:01 IST

US market suffers major job losses with slowed 60K+ additions amid global oil crisis

Some predictions ahead of the official US Labor Dept report suggested that the American job market suffered major losses in…

Updated: May 8, 2026 18:31 IST

Cloudflare cuts workforce by 20% amid ‘AI-first’ restructuring bid; over 1,100 jobs lost globally

CEO Matthew Prince ⁠and co-founder Michelle Zatlyn said ‌in ⁠a statement that the ‌layoffs reflected a shift to an AI-driven…

May 8, 2026 06:49 IST

Freshworks cuts 500 employees despite strong Q1 revenue

‘Over half of our code is written by AI,’ says Freshworks CEO as company cuts 500 jobs

Freshworks, among the early Indian SaaS firms to debut on the Nasdaq, is undertaking a restructuring that is expected to…

May 6, 2026 11:42 IST

Coinbase layoffs 2026: 14% jobs cut as Brian Armstrong pushes AI, smaller teams

Coinbase lays off 14% of staff in pivot to AI-native operations: 700 jobs impacted, restructuring to cost 60 mn

Coinbase is cutting 14% of its workforce as it leans into AI and smaller teams. CEO Brian Armstrong says the…

Updated: May 6, 2026 09:39 IST

Mass layoffs loom at Cognizant; Up to 15,000 roles at risk, bulk in India

Cognizant may cut 12,000–15,000 jobs globally, with India facing most layoffs, raising concerns over IT sector hiring trends, workforce restructuring,…

May 5, 2026 18:15 IST

Chinese tech employee vs AI replacement layoffs

China bans AI-driven layoffs – All about $43K severance case that set a precedent

Amid the rising AI-driven layoffs streak in the US, China has chosen to rule in favour of a human employee…

May 2, 2026 10:44 IST

Why is Cboe Global Markets cutting 20% jobs despite record earnings?

Cboe Global Markets cuts 20% workforce despite record earnings, focusing on core businesses, cost savings, and new growth areas like…

May 1, 2026 21:07 IST

Cognizant’s Project Leap: $320M plan points to workforce rejig, stronger AI focus

Cognizant eyeing layoffs, earmarks $270mn for employee severance

Cognizant has launched “Project Leap,” a sweeping overhaul that will cost up to $320 million, with a large share set…

Updated: April 30, 2026 07:28 IST

Contrary to AI forecasts, new graduates expect 5.6% hiring boost: Surveys signal job market improvement

Amid a series of AI-driven layoffs at large companies, new survey signal a positive job market shift for fresh-out-of-college graduates…

April 25, 2026 15:31 IST

AI pivot triggers job cuts at SuperOps, 30% workforce affected: Report

The layoffs account for nearly 30% of the company’s total workforce, marking a significant shift in how the startup plans…

April 24, 2026 19:21 IST

Nike cuts 1,400 jobs with tech teams hit hardest in push for efficiency, automation

These layoffs are part of Nike’s broader “Win Now” plan, which is focused on making the company quicker, more efficient,…

April 24, 2026 15:47 IST

KPMG cuts 10% of US audit partners as firms tighten costs in AI era

KPMG Layoffs: Big Four firm to cut 10% of US audit partners amid slower attrition and cost pressure

KPMG is cutting roughly 10% of its US audit partners, or around 100 people, after a yearslong push for voluntary…

Updated: April 24, 2026 09:56 IST

Meta layoffs begin May 20 as tech giant shifts focus to artificial intelligence

Meta to cut 8,000 jobs in fresh layoffs, freeze 6,000 open roles; shares fall 2.4% as Zuckerberg ramps up AI bets

Meta to lay off 8,000 employees, freeze 6,000 jobs as it boosts AI investment.

Updated: April 24, 2026 11:53 IST

Meta to cut 10% global workforce in May; another layoff round set for later this year – Report

Meta’s first round of intended layoffs is set to kick off next month. Here’s what we know.

Updated: April 18, 2026 08:29 IST

Top tech layoffs 2026: Over 72,000 techies laid off at Oracle, Amazon, Block, and others

Compared to the data available for 2026, the pace of layoffs in 2026 is slightly lower but remains significant, with…

April 16, 2026 19:54 IST

AI is not eating your jobs: LinkedIn busts biggest hiring myth of 2026

“We’ve looked — because everyone wants to know the answer to this question: Is AI impacting jobs right now? We’ve…

April 16, 2026 11:55 IST

Layoffs

Related News

Trending Topics