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Sunday, February 22, 2026
TopicMass layoffs

Topic: Mass layoffs

McKinsey cuts about 200 tech jobs as it shifts more roles to AI

As encroaches on tasks carried out by humans, banks alone are likely to cut as many as 200,000 jobs in the next three to five years.

US Judges order Trump 2.0 to reinstate thousands of probationary workers fired during mass layoffs

A judge in Baltimore ruled 18 agencies violated regulations, while another San Francisco court ordered reinstatement of those fired from departments of defense & agriculture, among others.

US Education Dept to cut half its staff as Trump administration moves to downsize federal agencies

The terminations are part of the dept's 'final mission,' which oversees $1.6 tn in college loans, enforces civil rights laws in schools & provides federal funding for needy districts.

Wipro, TCS, to Infosys, why mass layoffs by Indian IT companies come at a social cost

Companies treat layoffs as a cost-cutting instrument to boost performance and expect to be rewarded by stock markets. But evidence contradicts this notion.

On Camera

Beyond moisturising—first rebuild your skin’s superpower

Overusing retinol, acids and exfoliants on a damaged barrier can worsen acne, redness and sensitivity instead of fixing it.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

MoD, IAF agree on some exemptions to HAL for Tejas Mk1A, but no compromise on ‘must-have’ capabilities

IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.