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2 mins read

₹1.89 lakh per month for summer internship! Freshers at this institute bag bumper monthly stipend

All 475 MBA students from IIM Calcutta secured internships and the average stipend was an impressiv…

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2 mins read

Gwyneth Paltrow's Goop undergoes second round of layoffs in two months

The celebrity lifestyle brand has undergone a number of pivots and is now focusing on beauty, fashi…

Madeline Berg   


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3 mins read

In all-hands meeting, Amazon CEO says RTO mandate not a 'backdoor layoff'

Amazon CEO Andy Jassy denied that the company's return-to-office policy is a 'backdoor layoff,' ami…

Eugene Kim   


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4 mins read

A recent study suggests companies are vulnerable to cyberattacks after layoffs. Here's how they can avoid costly data breaches.

A recent study suggests layoffs can lead to cyberattacks by ex-employees. Here's how companies can …

Erica Sweeney   


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1 min read

Samsung Electronics plans to lay off over 200 Indian employees to reduce costs, details inside

Samsung Electronics is set to lay off over 200 employees in India, impacting various departments su…

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6 mins read

SIMPLY PUT: What’s with all “Unbossing” talks? Are Indian companies also embracing this global trend?

The corporate trend of 'Unbossing' is gaining traction globally, including in India. Major companie…

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4 mins read

Meta layoffs are the latest sign that constant job cuts are the new Big Tech normal

Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. Yet these re…

Tim Paradis   


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2 mins read

'We are nothing but numbers to them, fat to be trimmed off': General Motors employee reacts to layoffs

A General Motors employee took to LinkedIn and shared his experience of getting laid off. He reveal…

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Netflix's new gaming chief shakes up the division with a hire from Epic and layoffs

Netflix's new games president, Alain Tascan, appointed Jeet Shroff in a VP role. The company also c…

Lucia Moses   


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5 mins read

Life after Intel: After rounds of layoffs and buyouts, some Intel insiders are abandoning the corporate grind altogether

Intel's buyouts are motivating some employees to pursue entrepreneurial paths totally different fro…

Emma Cosgrove   


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5 mins read

Fired from Google after 13 years of service, he used his severance to build a business around helping others with their careers

Google's 2023 layoffs impacted many, including Nicholas Whitaker, who was with the company since 20…

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Apollo reportedly offering multi-billion dollar investment to Intel after reports of acquisition by Qualcomm

Apollo Global Management Inc. is reportedly considering a multibillion-dollar investment in Intel, …

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Amazon's RTO mandate is a 'backdoor layoff' strategy, future of work expert says

Amazon's strict return-to-office push is an attempt to reduce headcount, according to Stanford econ…

Beatrice Nolan   


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'Painful news to share' says Intel CEO Pat Gelsinger as company prepares to lay off thousands of employees

Chipmaker Intel has revealed plans to reduce its workforce by 15 percent and the decision could imp…

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‘Cutthroat colleagues, meaningless work': Ex-Google employee shares how he saw the company change

A former Google worker disclosed his experiences following layoffs. Having spent over ten years at …

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5 mins read

It's a tough time to be a tech graduate — AI and layoffs have made it a competitive job market

The rise of AI, offshoring, and layoffs are making the tech job market tougher for new graduates.

Beatrice Nolan   


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3 mins read

Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'

In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…

Lian Kit Wee   


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6 mins read

We heard from over 750 people who have recently struggled to find work. Here are their biggest frustrations with getting hired.

From recent high school graduates to retirees in their 70s, readers shared with BI their frustratio…

Noah Sheidlower,Jacob Zinkula…   


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1 min read

Tesla executive says he's resigned as recent layoffs hurt morale and throw the company 'out of balance'

Tesla's former head of product launches, Rich Otto, said layoffs are "rocking the company and its m…

Grace Kay   


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3 mins read

Get ready for nasty layoffs and say goodbye to the 4-day workweek

Economic concerns could push CEOs to conduct layoffs and cut back on perks like remote work.

Tim Paradis