EMPLOYEE EFFICIENCY
Major companies announce massive layoffs in 2025 amid AI transformation and economic restructuring: Intel, Meta, Starbucks among many
Major companies like Intel, Microsoft, and Amazon are cutting thousands of jobs. This wave of layoffs is driven by AI adoption and economic challenges. Companies are restructuring to focus on future growth areas. This transformation is reshaping the global job market significantly. Many firms are reallocating resources towards technological advancements.
Razorpay FY25 results: Revenue grows 65%, but net loss stands at Rs 1,209 crore
Razorpay’s revenue jumped 65% to Rs 3,783 crore in FY25, driven by payments, POS, loyalty, banking, and global operations. Gross profit rose 41% to Rs 1,277 crore, but the company posted a Rs 1,209 crore loss due to restructuring and tax costs after shifting its headquarters to India.
Nestlé layoffs 2025: 16,000 jobs to be cut, including 12,000 white-collar roles — Here're the departments impacted
Nestle layoffs 2025: Food and beverage giant Nestlé is cutting 16,000 jobs globally over two years to boost efficiency and profitability. This restructuring aims to redirect investment towards strong brands like coffee and confectionery, as the company navigates slowing growth and rising costs. Nestlé expects these layoffs to save approximately 1 billion Swiss francs annually.
6 AI startups Jensen Huang and Nvidia engineers have bet on: You will want to know what they are building
Nvidia CEO Jensen Huang is betting on six AI startups, including OpenAI, Harvey, Cursor, Replit, OpenEvidence, and Lovable, to shape the future of human-AI work. Nvidia engineers already use AI tools like Cursor to boost productivity. Experts say AI and humans will work together in offices, and venture capital is also focusing on building smarter human-digital teams.
Employee fired over assault charge fights legal battle for 16 years, wins Rs 4 lakh compensation in Karnataka High Court
A terminated employee has won Rs 4 lakh in compensation after a 16-year legal fight. The Karnataka High Court ruled in his favor, stating the employer failed to prove the assault charge. The court found the witness testimony doubtful and noted the employee's differently-abled status. This landmark decision offers relief and recognition after a prolonged struggle.
Graph AI raises $3 million seed funding for drug safety platform
AI life sciences startup Graph AI has secured $3 million in seed funding to revolutionise pharmacovigilance. The California-based startup leverages AI-driven automation to address the inefficiencies and errors in traditional drug safety monitoring. This funding will accelerate product innovation and global market expansion for their SaaS platform.
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After HR, Amazon plans to layoff in this major department - check if you are affected
Amazon layoffs 2025: Amazon is gearing up for fresh job cuts. The company plans to reduce its human resources division by up to 15 percent. Layoffs are also expected in other company sections. This move comes as Amazon increases investment in artificial intelligence. The tech giant is also hiring many seasonal workers for its warehouses.
Paytm brings entities under direct ownership to simplify its structure
Per the terms of the restructuring, Paytm will acquire stakes from its founder, Vijay Shekhar Sharma, and his entities in subsidiaries, including Paytm Financial Services Ltd, Paytm Insuretech, Paytm Emerging Tech, and Paytm Life Insurance. Paytm aims to complete all acquisitions and internal restructurings by January 31, 2026, subject to the execution of definitive agreements and necessary approvals.
Amazon Layoffs: Thousands more jobs at risk as AI revolution reshapes the company’s workforce. Which department is the worst hit?
Amazon is reportedly planning significant layoffs, targeting about 15% of its human resources staff and potentially impacting other departments. This move aligns with the tech giant's strategy to invest heavily in artificial intelligence while reducing employee costs. CEO Andy Jassy has previously indicated that AI adoption will lead to workforce reductions as the company seeks efficiency gains.
Federal workers endure financial strain and fear layoffs as the government shutdown drags on
As the government shutdown drags on, federal employees find themselves in a tightening vise of financial strain. Many are either working without compensation or experiencing furloughs, leading to a growing pile of unpaid bills and a surge in anxiety. The prospect of layoffs looms ominously, adding further pressure to an already precarious situation.
Cyient DLM shares in focus after Q2 profit more than doubles despite revenue decline
Cyient DLM reported a 113.3% YoY jump in Q2 FY26 net profit to Rs 32 crore, despite a 20.3% decline in revenue to Rs 310.6 crore due to the completion of a large defence order. EBITDA margin improved to 10%, aided by supply chain efficiencies and a favourable business mix. Order intake rose to Rs 497.7 crore, expanding the backlog.
LT Foods set to buy Hungary's Global Green for Rs 25 million
LT Foods makes a significant move by acquiring Global Green Europe Kft, a leading Hungarian company specializing in processed and canned foods. This ₹25 million deal orchestrated through its European subsidiary marks LT Foods' strategic entry into the canned food sector, aiming to amplify synergies with its ongoing European initiatives. The acquisition awaits approval from Hungarian FDI authorities.
Goldman Sachs to have more layoffs? Here's the key reason and what is new OneGS 3.0 strategy and effect on stock price
Goldman Sachs to have more layoffs as the bank plans limited job cuts this year while expanding its use of Artificial Intelligence under its new “OneGS 3.0” strategy. The move focuses on improving efficiency, reducing costs and aligning the workforce with AI-driven business processes.
Credit growth of PSU banks outperformed private banks: DFS Secretary
Public sector banks are showing renewed strength and resilience. Credit growth now surpasses private banks. This improvement stems from better due diligence and credit standards. Customers are returning due to increased efficiency and transparency. Banks are urged to support MSMEs and startups. Specialised branches are being launched to offer sector-specific financial solutions and drive inclusive growth.
LT Foods to acquire European processed foods co Global Green Europe Kft for €25 million
LT Foods is set to acquire Hungary-based Global Green Europe Kft for approximately 25 million euros, aiming to bolster its European packaged food market presence. This strategic move includes acquiring supporting entities and will expand LT Foods' reach in the 15 billion euro European canned and preserved vegetables category.
Is this the next American motorcycle revolution? Indian Motorcycle breaks free from Polaris, Harley-Davidson veteran at the helm
Polaris Inc. is selling a majority stake in its Indian Motorcycle division to Carolwood LP. The deal is expected to close in early 2026. Mike Kennedy, former CEO of Vance & Hines, will lead Indian Motorcycle. This move allows Polaris to focus on growth areas. Indian Motorcycle will become a standalone company.
Quiet shakeup at Google: Generous workplace benefits suddenly restricted - key points
Google is tightening its remote work rules. The company has changed its 'Work from Anywhere' policy. Now, one day working remotely deducts a full week from an employee's allowance. This move follows other tech giants scaling back flexible work. Google aims to bring employees back to the office more often. This impacts how employees can work remotely.
ONGC braces for $60 crude, eyes Rs 5,000 cr in cost savings by FY27
India's ONGC is implementing a comprehensive cost-cutting strategy to achieve ₹5,000 crore in savings by 2026-27, preparing for a potential lower oil price cycle. The company is optimizing supply chains, fuel use, and logistics, including reducing inventories and centralizing procurement, to safeguard investor returns amidst falling crude oil prices.
SBI aims to enhance gender diversity, increase female workforce to 30 pc by 2030
State Bank of India is boosting gender diversity. The bank plans to reach 30 percent women in its workforce in five years. SBI is implementing programs for women's leadership and work-life balance. Initiatives include creche allowance and return-to-work training. Focused health screenings and a vaccination drive are also in place. SBI is committed to an inclusive environment for all employees.
TCS' AI-skilled workforce doubles to 1.6 lakh; 18,500 new hires in Q2 with focus on future-ready skills
Tata Consultancy Services is making a significant shift towards artificial intelligence. The company plans to invest billions in data centers and AI capabilities. This move aims to position TCS as a global leader in AI-driven technology services. The company is also expanding its AI workforce and reskilling employees for future digital roles.
Employee masters ChatGPT at work after boss pushes AI, only to be replaced by the very tool he perfected
Kevin Cantera, a researcher from Las Cruces, New Mexico, mastered ChatGPT at his edtech job, using it to boost productivity and streamline tasks. Encouraged by management, he treated AI as a collaborator, calling it “an incredible tool” for writing. Ironically, months after reassurances that AI wouldn’t replace him, Cantera was laid off, along with other long-serving employees. His story highlights a growing paradox: workers adopting AI to enhance efficiency are increasingly being replaced by the very systems they optimize, raising concerns about automation’s human cost.
TCS bets big on AI and data centres; every project will be AI-led, says CEO K Krithivasan
Tata Consultancy Services is aggressively integrating AI across its operations, aiming to become the world's largest AI-led tech services provider. The company is investing in platforms, training over 1.6 lakh employees, and expanding into data centres and sovereign cloud. Nearly every client project now features an AI component, driving efficiency and value.
Heyday to dry days at Bira? The bitter brew behind India’s beloved craft beer
Bira 91, a popular Indian craft beer brand, is navigating a difficult period. A name change led to regulatory issues, halting sales and causing financial strain. Employees have raised concerns about delayed payments and corporate governance. The company is now seeking new funding to stabilize operations and rebuild trust.
State-run banks back 'One Nation, One Election' idea
Public sector banks have backed the One Nation, One Election Bill. They believe simultaneous elections will minimize disruption to banking services and ease the burden on staff. The Lok Sabha has extended the deadline for the joint parliamentary committee report on the Bill to 2025. Concerns about consecutive holidays are being addressed. Simultaneous elections could also significantly cut financial costs.
Employees checkmate management after their bathroom breaks were secretly tracked; Rs 44 lakh faced by company
A company’s decision to track employee bathroom and break room usage has backfired, costing it Rs 44 lakh. Staff became reluctant to report issues or communicate with management, fearing penalties for leaving their desks. This communication breakdown led to unreported machinery problems and significant financial losses. Experts note this as a classic example of how strict monitoring can create perverse incentives, reducing productivity instead of improving it.
Bengaluru techie gets pressurised by manager to travel 300 kms and come to office despite company’s WFH policy. Reason outrages netizens
A Bengaluru software professional is being pressured by his manager to return to the office weekly, despite the company's permanent remote work policy and his 300km distance. The manager cites "team bonding," causing friction. Online users on Developers India shared similar frustrations, attributing such managerial behavior to micromanagement and promotion incentives.
He got bullied despite being top performer for refusing AI. CEO plans mass firing of mid and senior staff
A top-performing employee was reportedly berated by his company’s CEO for refusing to adopt AI tools, despite his award-winning performance. According to a Reddit post, the CEO is developing multiple AI systems to automate software development and plans to replace mid and senior-level employees with associates and interns. The incident has sparked a broader discussion on the risks of AI-driven workplace restructuring, employee job security, and the ethical implications of replacing experienced talent with automation.
Employer installs software which takes screengrab every 10 min? Employee shares concerns on social media. Here's how software works, impact on remote work, productivity
A recent graduate revealed that his employer installed software that tracks keystrokes, websites, and screenshots every 10 minutes. The story raises questions about remote work monitoring, productivity measures, and employee privacy. Reactions on social media show concerns about micromanagement and workplace stress caused by invasive tracking software.
Airtel unit wins multi-year contract to secure Indian Railways’ digital operations
Airtel Business has secured a multi-year contract with the Indian Railway Security Operations Centre (IRSOC) to provide comprehensive security services for Indian Railways' digital infrastructure. This partnership aims to protect critical data, including passenger information and operational databases, from escalating cyber threats.
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