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Sunday, March 15, 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

Gulf conflict pushes Dubai diamond traders to eye Surat for rough stone auctions. But there are hurdles

Industry leaders say India’s complicated customs process and GST levies are deterrents for traders to come to Surat for auctions.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.