A sophisticated fake job racket in Visakhapatnam defrauded over 20 people of more than ₹54 lakh by posing as a reputed construction firm. Police warn against offers that seem too good to be true. Report scams on 1930.
Goldman Sachs analysis reveals companies discussing AI are cutting job openings sharply, but clear evidence of AI-driven mass layoffs remains limited. Explore the bifurcated impact on the workforce.
A Reddit user quit their first job within a week due to misrepresented salary and non-existent training. Experts advise how to explain such short stints in future interviews. Learn the right way to frame your exit.
Morgan Stanley warns AI and digitalisation could eliminate 10% of Europe's banking workforce by 2030, impacting over 200,000 jobs. Discover the sectors most at risk and the industry's push for efficiency.
Duke University implements major cost-cutting, including staff buyouts and building closures, to counter $299 million in reduced US federal funding for higher education. Learn how this impacts operations.
AI pioneer Geoffrey Hinton warns of severe job losses by 2026 and a 10-20% AI takeover risk. Discover which professions are most vulnerable. Read more for insights.
A Mumbai-based firm faces online fury after its job application form barred candidates living in rented or PG accommodations. The controversial hiring practice raises legal and ethical questions. Read the full story.
Major companies plan to freeze hiring or cut jobs in 2026, relying on AI. Unemployment may hover at 4.6%. Read how this impacts India's job market and white-collar workers.
Residents of Kansal and Nayagaon face up to 8 hours of daily power cuts. PSPCL helplines go unanswered, disrupting lives of students, elderly, and businesses. Details inside.
Global tech layoffs continue in 2024 with over 122,000 jobs lost. Explore how AI, cost-cutting, and restructuring at giants like TCS, Amazon, and Microsoft are reshaping the workforce.
Hindustan Coca-Cola Beverages plans to cut 4-6% of its workforce to streamline operations after a 73% profit decline. Details on the restructuring and market impact.
Spanish telecom giant Telefonica SA will cut 5,500 jobs at a $2.9 billion cost, aiming for over $700 million in annual savings. The move follows a trimmed cash flow outlook and a halved dividend. Get the latest business news updates.
AI is reshaping the 2025 job market, causing 55,000 US layoffs. Major firms like Amazon and Microsoft cite AI restructuring. Explore the data and expert debate on this workforce transformation.
In 2025, AI became a primary driver of tech layoffs, with over 55,000 US jobs cut. Amazon, Microsoft, IBM, and Indian IT firms like TCS saw significant workforce reductions. Explore the data and impact.
A Robert Half survey shows 40% of professionals plan to change jobs in early 2026. Discover key motivators like better benefits and pay, and learn strategies to stand out in a competitive market.
Job hunt coach Vini warns of a sophisticated LinkedIn scam after a fake interview. Learn the red flags like device-restricted links and VPN requests to protect yourself.
Amazon's largest job cuts in Luxembourg in 20 years force 370 employees out. Indian and foreign staff face a 3-month deadline to find new jobs or leave the EU. Read the full impact.
US unemployment rate climbs to 4.6% in November, the highest since 2021, amid federal job cuts and economic uncertainty. Key insights on Fed rates and hiring trends.
Amazon announces 84 new job cuts in Washington state, unrelated to its global 14,000 layoffs. The separations, affecting tech and HR roles, are scheduled for 2026. Read the full details.
Hollywood unions warn of massive job cuts and reduced cinema releases as Netflix proposes a $72 billion takeover of Warner Bros Discovery. Read the full story.
Coimbatore cyber crime police arrest K Arun for cheating a youth with fake overseas job offers. The accused promised a hotel job abroad and took Rs 3.5 lakh. Read the full story.
Kochi police uncover major visa fraud ring shifting from healthcare to blue-collar job scams for Europe & Gulf. Over 25 agents arrested, victims lose Rs 5+ crore. Experts warn of new tactics targeting desperate youth.
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
German chemical major Wacker Chemie announces 1,500 job cuts, nearly 10% of workforce, to save €300 million annually. Shares rise 2% amid industry downturn.
HP announces 4,000-6,000 job cuts by fiscal 2028, adding to earlier layoffs. Learn practical strategies to navigate tech sector uncertainty and protect your career.
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.