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Thursday, April 30, 2026
TopicMass layoffs

Topic: Mass layoffs

Fear & despair outside Oracle office. ‘It was ruthless, we’re all replaceable’

'By the afternoon, he was locked out of Slack, email, and finally his laptop,' said an Oracle engineer who was not among the 12,000 employees laid off by the company in India.

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

New promo video by PLA Navy is a teaser of China’s deep blue capabilities

Rather than functioning as conventional propaganda, the video operates as a device for interpretation, subtly shaping expectations about future developments in China’s naval trajectory.

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.