workforce reduction
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IT Services Giant TCS Reports Strong Q4, Ending Layoffs
Mumbai, April 9 The country's largest IT services company, TCS, reported a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, driven by improved profit margins.For the fiscal year 2025-26, its profit after tax increased by 1.35 per cent to Rs 49,210... - H
Corporate Layoffs: Disney, Oracle, and HSBC Reduce Workforce
New Delhi, April 9 – Entertainment conglomerate Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with a significant number of layoffs likely in its marketing division, according to a report.The Wall Street Journal said, citing sources, that the plans for the job cuts were... - H
Oracle Announces Layoffs Across Global Operations
San Francisco, March 31 – Cloud major Oracle began laying off employees worldwide on Tuesday, with several workers receiving an early-morning email announcing their job loss.According to a report in Fast Company, Oracle staff around the world began reporting on social media that they had... - H
AI-Driven Restructuring: HSBC Faces Potential Workforce Reduction
HSBC Job Cuts: Bank Weighs AI-Led Restructuring That Could Impact 20,000 Roles HSBC Considers Workforce Reduction Amid AI Push New Delhi, March 19: London-based investment bank HSBC is evaluating a major workforce restructuring as part of its strategy to integrate artificial intelligence into... - K
Meta’s Workforce Restructuring as AI Spending Rises
Meta Weighs Potential Layoffs of Up to 20 Percent as AI Investment Accelerates Company Reportedly Reviewing Workforce Cuts Amid Push for Greater Operational Efficiency New Delhi, March 14: Meta Platforms is reportedly considering another major round of layoffs as the US technology giant... - K
Block Reduces Workforce, Stock Surges on Efficiency Gains
Block, Inc. to Cut Over 4,000 Jobs as AI Push Fuels 25% Stock Surge Block, Inc., the financial services company co-founded by Jack Dorsey, announced on Thursday, February 26, that it will lay off more than 4,000 employees, reducing nearly half of its workforce. Following the announcement, the...