Mass Layoff News

The recent layoff of over 1,000 employees from two IT firms in Kerala has raised concerns about job security in the sector amidst the AI era, prompting discussi

A watchdog report indicates that IRS audit revenue decreased by $3.5 billion in fiscal year 2025, following mass layoffs of auditors and other agency staff.

Volkswagen's CEO has warned German workers of potential sweeping layoffs due to global market shifts driven by electrification, AI, and autonomous driving. The

LIV Golf is reportedly laying off most of its employees after announcing a deal with an unnamed backer, following expectations of bankruptcy and restructuring t

LIV Golf has announced mass staff redundancies following the decision by Saudi Arabia's Public Investment Fund to end its funding after the 2026 season, casting

Microsoft is reportedly offering up to $1.4 million in stock awards to attract and retain AI talent, prioritizing stock over base salaries and bonuses, even as

Xbox has announced that Fallout 5 is in the works at Bethesda Game Studios, despite recent mass layoffs affecting 3,200 employees across various studios, includ