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Wednesday, January 28, 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

India-Pakistan ready for lehenga diplomacy. Maryam Sharif has made the first move

Sometimes, we end up embroidering the truth as we overthink and overanalyse a fastidious lady’s personal wardrobe preferences for significant occasions.

Most EU firms eye India expansion post-trade deal, 90% say profitability to go up—FEBI survey

FEBI survey reveals Europe’s big bet on manufacturing, innovation hub amid ‘mother of all trade deals’, but flags regulatory concerns.

India, EU sign security & defence pact. How it links Indian firms to ‘ReArm Europe’ network 

The agreement comes despite differences between India and the EU on issues such as Russia-Ukraine war, showcasing the intent to deepen strategic ties. 

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.