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Searched Tag: mass layoffs
The company employed almost 2,70,000 workers as of the end of 2024.

IBM to cut thousands of jobs as focus shifts on software growth

November 5, 2025, 01:10 PM - 2 min read

As Artificial Intelligence (AI) takes centre stage, tech companies have announced mass layoffs in recent months, preferring to spend their bucks on honing in on software than personnel

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HDFC Bank has added about 5,000 employees in the last six months to take its overall base to over 2.20 lakh at the end of September

AI not going to result in layoffs in HDFC Bank: CEO

October 19, 2025, 03:14 PM - 3 min read

While the country’s largest private sector lender is carrying out some experimental use of generative AI, the bank’s Chief Executive and Managing Director, Sashidhar Jagdishan, assured that technology will not replace human labour in HDFC Bank

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Trump administration starts federal workforce cuts.

White House begins mass layoffs amid budget dispute

October 11, 2025, 03:39 PM - 2 min read

The White House has begun mass layoffs amid an ongoing tussle between Republicans and Democrats over the federal budget and spending, officials said.

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