EMPLOYEE LAYOFFS
YouTube earns more from Xbox games than Microsoft: CEO Satya Nadella
Microsoft CEO Satya Nadella said that YouTube generates more revenue from Xbox games than Microsoft itself, highlighting a struggle to monetise its gaming division despite significant investment. This comes as Bloomberg reported last week that Xbox is planning major layoffs next month, along with significant reductions to marketing and other budgets.
He was laid off despite meeting targets and forced to fight for severance package; 13 months later, his former CEO came asking for a favour
IT layoff: A former mid-sized IT company director says his ex-CEO contacted him over a year after his layoff, seeking help with a multi-factor authentication issue allegedly still linked to his personal phone number. The unusual request surfaced on Reddit, where the executive also described a previously contentious exit and renegotiated severance.
Psychology says bills and debt stress rewire your behavior: Why money worries can make you snap at loved ones and feel emotionally drained
Psychology suggests that when financial strain eases or individuals adopt healthier ways of managing stress, qualities such as patience, optimism and social involvement often reemerge. What may seem like a change in personality is frequently a reflection of how the mind adapts to extended periods of uncertainty, pressure and emotional stress.
A new hire waited exactly five minutes after a 10 AM salary credit to submit a resignation email at 10:05 AM, prompting an HR executive to question whether weeks of onboarding and training deserved at least a full day's loyalty
A new employee resigned just five minutes after receiving their first salary. This incident has sparked widespread discussion about the evolving employer-employee dynamic. Many workers feel companies prioritize their own needs, leading to a transactional view of employment. This trend reflects a broader shift where loyalty is no longer guaranteed and employees are reassessing their commitments.
Mark Zuckerberg says Meta made 'mistakes' in AI workforce shift
Meta's chief Mark Zuckerberg admits the company made errors during its AI shift. He is investing heavily in artificial intelligence to reshape Meta's operations. Zuckerberg assures employees there will be no more company-wide layoffs this year. He is focused on providing organizational stability. Meta will also increase team-building initiatives and scale back manager oversight.
Laid off from her dream tech job, woman says it was the best thing that happened to her. 'My hair stopped falling out'
A woman who spent years trying to break into the tech industry says being laid off from her dream job ultimately helped her regain her health and rethink her definition of success. In a personal essay for Business Insider, she revealed how balancing a demanding tech role with an MBA led to severe burnout, hair loss and constant exhaustion. After accepting a layoff package during a company restructuring, she took time to recover and later rebuilt her career around flexibility, balance and work that aligned with her values.
- Go To Page 1
Laid off by Amazon and Microsoft in 3 years, techie shares the golden rule for surviving AI-era job loss
After being laid off by Amazon and Microsoft within three years, tech professional Dave Lewis was forced to rethink his career path in an industry increasingly shaped by artificial intelligence. The former Google employee eventually joined an AI startup after deciding to focus on roles that align with emerging technologies and long-term growth. His story comes at a time when AI-related layoffs are rising.
US realty firm Opendoor winds down India operations, nearly 250 employees impacted
Opendoor, a prominent player in real estate technology, is pulling out of its operations in India, leading to the unfortunate layoff of 250 employees located in Chennai, Hyderabad, and Bengaluru. This decision comes as the company seeks to realign its operational focus back to the US, where it aims to enhance system integration and develop innovative AI-based customer support teams.
VCs turn the screws; Ex-Paisabazaar CEO’s new bet
Happy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morning Dispatch.
Fable 5's cost challenge; Opendoor's India exit
Anthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETtech Top 5.
AI shift drives Opendoor’s India exit: Here's all you need to know
US real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is part of a major restructuring. The company is integrating artificial intelligence to streamline operations. This shift aims to improve efficiency by consolidating systems and creating smaller, AI-native teams in the United States.
Techies slept in office to meet deadlines. Then given 3 days of leave and sudden layoff of whole team. What happened on the last day?
Junior ML engineers at an Indian tech company faced extreme burnout and excessive demands, including working around the clock. After a major deployment failed, blame was unfairly placed on them. Subsequently, the entire AI division was terminated verbally with immediate effect, their earned wages withheld, and no formal documentation provided.
Microsoft's Xbox plans for major layoffs next month: Report
The job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
Meta-Reliance AI hub; SAP CEO on India's AI edge
Meta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slips
The enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft IT integration tool, and Marketing Cloud software, according to Business Insider.
Dubai luxury hotels woo staycationers as tourists flee
Once reserved for wealthy travellers, Dubai's top-notch hotels have become almost exclusively reliant on residents, drawn in by dizzying staycation offers as war drives tourists away. The clientele is driven by hotels offering residents-only deals that have become a lifeline for Dubai's luxury tourism.
Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affected
Google Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These layoffs are reportedly aimed at reallocating resources towards growth areas, particularly artificial intelligence. This move aligns with a broader tech industry trend of significant investment in AI and subsequent layoffs to offset this.
Company laid off techie with just 12 minutes farewell. A week later, they made a shocking discovery: ‘Nobody even knew…’
A company laid off a senior engineer to save money. This engineer was the only one fixing critical system problems every night. After his departure, the payment service began to fail. Investigations revealed the engineer's hidden work. The incident highlights the risks of relying on a single individual for essential operations.
Amid tech layoffs, this engineering role sees 700% surge in demand, offers salaries up to $200K; Anthropic, OpenAI, Google Cloud and McKinsey are hiring
At a time when tech companies are laying off employees, there is a surprising boom for a specific engineering role, with job postings skyrocketing by 700%. Companies like OpenAI, Anthropic, Google Cloud and McKinsey are aggressively hiring for FDE posts, offering salaries exceeding $200,000. This surge highlights new career avenues emerging from AI's rapid integration into businesses.
Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs market
Lay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employees
Uber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of its HR and recruitment teams. The company clarified these cuts are not AI-related but aim to create a more modern and efficient organization. These changes represent less than 1% of Uber's total global workforce.
AI-proof career in India? IIT engineer says this profession can earn lakhs a month and remains AI-resistant
An IIT graduate's Reddit post ignited a discussion on career stability. He argued that medicine offers more security than engineering, citing tech layoffs and AI's impact. Other users countered, highlighting doctors' sacrifices and long training. The debate explored AI's influence on jobs and the appeal of government employment for its predictability and protection from technological shifts.
Employee asks if he was getting fired by someone he referred. Boss looked at him dead in the eye and lied — then this happened
A professional referral turned sour when an individual was laid off by a colleague they had recommended for a leadership role. Despite a direct request for a heads-up, the referred colleague provided a misleading response. This incident has led to a complete loss of trust in management and highlights the transactional nature of corporate relationships.
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreements
Oracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despite strong financial performance and significant growth in its AI business, the company is redirecting resources towards AI infrastructure. The layoffs, particularly within Oracle Health, have raised concerns about ongoing projects and obligations.
'Thought Amazon on my resume was enough': Ex-employee says he's still looking for job 8 months after layoff despite calls from Google, Uber, Agoda & American Express
A former Amazon employee's struggle to find a new job nearly eight months after being laid off in 2025 has highlighted the challenges facing the technology job market. The professional, who shared his experience on Reddit, said he initially received interview calls from major companies such as Google and Uber. However, those opportunities have since dried up, reflecting a broader slowdown in hiring and growing competition for tech roles across the industry.
“How to decide which employees AI should replace”: After 20% layoffs, Cloudflare CEO Matthew Prince explains his strategy
Cloudflare layoffs: Cloudflare has laid off over 1,100 employees, nearly 20% of its workforce, despite record revenue growth. CEO Matthew Prince in his op-ed, explained the cuts target 'measurers' whose roles are being automated by AI, allowing investment in 'builders' and 'sellers'. The company is restructuring around AI-driven operations, offering generous severance packages.
Trump federal employee layoffs: Why are hundreds of fired government workers still unemployed one year after mass probationary firings?
More than 300 fired federal employees across 43 states say the 2025 Trump administration layoffs still haunt their lives. Many remain unemployed after submitting over 100 job applications. Others now earn far lower salaries than their former federal government jobs. The new survey exposes a deep federal workforce crisis, growing mental health struggles, and fears over weakened public agencies. Former workers say the mass probationary employee firings did not just cut jobs. They disrupted careers, financial stability, and trust in the federal system itself.
'No email, just locked out of my laptop': Laid off Webflow employee calls out CEO, says 'I'm certain she would have the dignity to...'
Webflow CEO Linda Tong faced criticism after a Canada-based employee was locked out of his laptop and company accounts without prior notification of layoffs. The employee expressed shock, highlighting the impact on international workers. Webflow stated the lockout was a security measure preceding personal email notifications, intended to protect data.
Meta lays off nearly 1,400 Washington employees in latest tech workforce cut: Check worst-hit departments, severance package and more
Meta is set to lay off nearly 1,400 employees across Washington state, including Seattle, Bellevue, and Redmond, starting July 22, 2026. This significant workforce reduction, impacting technical roles, is part of the company's strategic pivot towards AI initiatives and a broader restructuring effort. Bellevue will see the largest impact with 699 workers affected.
Load More
