Reliance Reportedly Encourages Employees to Participate in Jio Platforms IPO
Reliance Industries is encouraging employees to consider participating in the proposed initial public offering (IPO) of Jio Platforms, according to a Bloomberg report. The offering is expected to be a major public listing for the digital services business, with eligible employees and shareholders set to receive access through reserved investor...
Amazon’s Workforce Restructuring Highlights Tensions Between Costs, Regulation and AI Investment
Amazon is facing operational challenges in New York as proposed legislation could affect warehouse operations and delivery services. A company-funded study estimated that potential warehouse closures could increase costs by approximately $664 per household annually, or $5.20 per package. Same-day and morning deliveries could face the greatest impact. These figures...
TCS to Withhold Quarterly Variable Pay for to Senior Employees after missing targets
Tata Consultancy Services (TCS) will withhold quarterly variable pay for employees at grade C3A and above for the quarter ended September 2026, according to a Reuters report citing an internal company memo. Employees at junior levels will receive 100% of their eligible quarterly variable allowance. In the memo, TCS Chief Human...
EPFO Extends September 2026 ECR Filing Deadline to October 31
The Employees’ Provident Fund Organisation (EPFO) has extended the deadline for employers to file the Electronic Challan-cum-Return (ECR) and pay statutory contributions for September 2026 to October 31. The original deadline was October 15. The extension was announced by the EPFO in a post on X on October 14, giving employers...
Netflix Reportedly Plans Workforce Cuts Affecting Around 1,000 Jobs
Netflix is reportedly planning a workforce reduction affecting around 1,000 employees, equivalent to approximately 6% of its workforce. The reported cuts follow earlier layoffs and reflect the company’s ongoing efforts to manage costs and organisational priorities amid changing business conditions. The job reductions are expected to affect several departments, including product,...
Zoho Reviews Salary Hikes Amid Rising AI Infrastructure Costs
Zoho is reviewing its employee compensation plans amid rising technology costs and broader economic uncertainty, according to remarks attributed to founder Sridhar Vembu. The company has indicated that employees may not receive salary increases at the levels they would typically expect this year. Vembu cited rising infrastructure expenses associated with artificial...
Former OpenAI Safety Specialist David Robinson Resigns, Raises Concerns Over AI Risk Management
David Robinson, a former safety specialist at OpenAI, has resigned after three and a half years at the company, citing concerns about its organisational culture and approach to managing artificial intelligence risks. In an essay published in The Atlantic titled I Quit OpenAI Because Its Culture Is Broken, Robinson argued that...
Nike Plans Workforce Reduction Under Restructuring Programme Targeting $2.5 Billion in Savings
Nike is planning to reduce its workforce as part of a broader restructuring programme designed to generate approximately $2.5 billion in cumulative savings through fiscal 2031. The move comes as the sportswear company continues efforts to streamline operations and improve business performance. The company has not announced how many jobs will...
Crizac Launches Partner Growth Program to Help Counselling Partners Grow
Crizac Limited, an AI-native student mobility platform partnering with international universities and education counsellors globally, today announced the Partner Growth Program (PGP), an initiative to help counselling partners grow their businesses. Crizac launches Partner Growth Program to support counselling partners with marketing, training, and branding Built especially for small and medium counselling...
SAP to Acquire TechWolf to Expand AI-Powered Workforce Intelligence Capabilities
SAP has agreed to acquire TechWolf, an artificial intelligence-powered work-intelligence platform, to strengthen skills mapping, workforce planning and talent management capabilities within its SAP SuccessFactors portfolio. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and other customary closing conditions. The companies have not...
LinkedIn to Link Annual Bonuses Entirely to Individual Performance from FY27
LinkedIn will revise its annual bonus structure from fiscal year 2027, making individual employee performance the sole factor determining payouts under its corporate bonus programme. The Microsoft-owned professional networking company currently calculates annual bonuses using two equally weighted components: company performance and individual performance, each accounting for 50 per cent of...
Meta Parts Ways with Virtue AI Co-Founders Four Months After Hiring Team
Meta has parted ways with several employees recruited from AI safety startup Virtue AI, including its co-founders, approximately four months after bringing the team on board to strengthen its artificial intelligence safety and security capabilities. The departures include Virtue AI co-founders Bo Li, Dawn Song and Sanmi Koyejo, who joined Meta...
TCS Plans 15,000 US Hires Over Five Years Despite PERM Suspension
Tata Consultancy Services (TCS) plans to recruit an additional 15,000 employees in the United States over the next five years, reaffirming its local hiring strategy despite the suspension of its access to the Permanent Labour Certification (PERM) programme. The company said the restriction was unlikely to affect its workforce expansion plans...
Tata Chemicals Mithapur Launches Suraksha Gurukul Safety Training Centre
Tata Chemicals Mithapur has launched Suraksha Gurukul, a dedicated safety training centre designed to strengthen workplace safety skills among employees, contractors, visitors and drivers at its facility. The centre has been developed over a two-year period and combines classroom-based learning with digital training, practical demonstrations, simulations and competency assessments. The programme is...
Disney Cuts Around 300 Jobs in Latest Restructuring Round
The Walt Disney Company is cutting around 300 jobs in its latest workforce reduction, with human resources and technology teams among the functions affected, according to reports. The latest cuts represent the second major round of job reductions since Josh D’Amaro became Disney’s CEO earlier this year and come as the...
BMW Plans to Cut Around 20% of Senior Management Roles by 2027
BMW AG plans to reduce around 20% of its senior management positions by mid-2027 as the German automaker reorganises its corporate structure and expands the use of artificial intelligence across the business. According to Bloomberg, BMW is preparing to consolidate business divisions and reduce management layers through an agreed buyout programme....
Starbucks to Close Around 250 North American Stores as India Tech Expansion Continues
Starbucks is planning to close around 250 underperforming stores across North America and reduce corporate positions as CEO Brian Niccol continues a broader restructuring programme aimed at simplifying operations and improving profitability. According to a report by The Wall Street Journal, Starbucks expects to record approximately $300 million in charges associated...
Axis Bank Plans to Increase Campus Hiring to 12,500 in FY27 Amid AI-Led Workforce Changes
Axis Bank is planning to increase campus recruitment to between 12,000 and 12,500 employees in FY27, compared with around 11,500–11,600 hires in FY26, as the bank strengthens its early-career talent pipeline while adapting roles to the growing use of AI and automation. The planned increase comes even as the bank’s overall...
Flipkart Employees Seek Clarity on IPO Timeline as Senior Executives Exit
Uncertainty over Flipkart’s potential initial public offering (IPO) is becoming a topic of discussion among some current and former employees, particularly those holding employee stock options (ESOPs) and looking for greater clarity on when they may be able to realise their equity value. The Walmart-owned e-commerce company has long been expected...
Apple CEO John Ternus May Target Select Teams for Job Cuts
Apple CEO John Ternus is reportedly considering targeted workforce reductions and project cancellations as part of an effort to streamline the company and focus resources on its key priorities. According to media reports, any layoffs under the new leadership are expected to be relatively limited in scale, with reductions potentially concentrated...
Infosys Plans to Shift Up to One-Third of Workforce Into Specialist Roles
Infosys is planning to transition between 25% and 33% of its workforce into specialist roles as the IT services major adapts its talent strategy to growing demand for artificial intelligence, advanced technologies and digital transformation, according to a report by The Economic Times. The proposed shift would significantly change the skills...
Apple cuts jobs in Fitness+ division as company continues workforce restructuring
Apple has carried out another round of workforce reductions, with a small number of employees in its Fitness+ division affected as the company continues to reorganise parts of its business. The latest cuts reportedly involve employees working on audio-based Fitness+ features, including Time to Walk and Time to Run. The services...
Kerala expands programme to help 10,000 women return to work after career breaks
Kerala is scaling up a programme aimed at helping 10,000 women who have taken career breaks re-enter the workforce through skills training, employment opportunities and returnship programmes. The initiative brings together the state government, employers and voluntary organisations to support women seeking to restart or advance their careers. State Labour Minister Bindu...
Myntra plans over 26,000 seasonal jobs ahead of Big Fashion Festival
Myntra is preparing to add more than 26,000 seasonal workers ahead of its Big Fashion Festival, more than doubling the temporary workforce it brought on during the previous festive season. The additional employees will support the company’s fulfilment, logistics and customer-service operations as shopping volumes increase during the festival period. Hiring across...
Novo Nordisk cuts workforce by 13,000 as it targets new growth in GLP-1 market
Danish pharmaceutical company Novo Nordisk has reduced its global workforce by about 13,000 employees from its peak, bringing its headcount to roughly 66,000, as the company restructures its operations and prepares for its next phase of growth. The company disclosed the latest workforce figure at its Capital Markets Day on September...
