News Digest

Amazon layoffs: Which departments may get impacted as tech giant confirms 16,000 job cuts? Check here

Amazon will cut 16,000 jobs globally over three months as part of restructuring and AI expansion plans. Employees will have 90 days to find new roles with severance support. 

Amazon layoffs: Tech giant to cut 16,000 jobs in second round in next three months amid AI expansion plans

Amazon layoffs: Tech giant Amazon is set to cut 16,000 jobs worldwide in the next three-month period amid the company's restructuring and AI expansion plans. Here's what you need to know about the company's latest move.

Pinterest will lay off 15% of its workforce as the platform pivots resources to AI

Pinterest plans to lay off under 15% of its workforce, as part of broader restructuring

Amazon bungles layoffs plan with misfired internal email

Amazon's layoffs email quickly spread on Reddit, where Amazon employees are sharing any hints they can glean about the scope of the job cuts.

Amazon Layoffs: Tech Giant Accidentally Confirms Cloud Job Cuts In Internal Email

In October, Amazon reportedly laid off around 14,000 employees as part of a broader plan to trim nearly 30,000 corporate roles.

Amazon bungles layoff plan with misfired internal email

Amazon laid off ‍about 14,000 people in October as part of a broader plan to reduce corporate staff by around 30,000, people familiar with the matter said

Amazon layoffs: Tech giant mistakenly confirms sacking of cloud unit employees in email

Employees in Amazon's cloud division, AWS, received a notice on Tuesday acknowledging “organizational changes” at the tech giant.

UPS to eliminate 30,000 more jobs as Amazon volume cuts accelerate; shares rise

In 2025, UPS eliminated 48,000 jobs, launched driver buyouts and ‍closed operations at 93 buildings as Amazon volume shrank. This year's job reductions will come via attrition and another buyout offer for full-time drivers. Layoffs are not planned, Chief Financial Officer Brian Dykes said.

Former Citi wealth executive sues bank; alleges harassment and biased HR probe

Citigroup is under renewed scrutiny after a former senior executive in its wealth-management division filed a lawsuit accusing the bank of fostering a hostile workplace culture and mishandling allegations of misconduct at the top levels of leadership. The suit was brought by a former global head of platform and experiences at Citi Wealth, who left [...] The post Former Citi wealth executive sues bank; alleges harassment and biased HR probe appeared first on HR Katha .

Amazon to Reportedly Layoff 16,000 Employees, India Might Be Among Worst-Hit Regions

Amazon’s Chennai, Bengaluru, and Hyderabad offices are said to be severely hit by the layoff

Prudential Life Japan faces sales misconduct fallout; announces compensation and leadership reset

Prudential Life Insurance has moved to contain the fallout from widespread monetary misconduct involving its sales force, announcing customer compensation, senior leadership changes, and a broad overhaul of sales practices and governance in Japan. The action follows an internal review that uncovered improper financial dealings by more than 100 current and former employees. The issues [...] The post Prudential Life Japan faces sales misconduct fallout; announces compensation and leadership reset appeared first on HR Katha .

Five-day work week: Banking services impacted as unions go on nationwide strike

The strike call by the UFBU comes after a conciliation meeting with the Chief Labour Commissioner on January 23, failed to yield a positive outcome

Nationwide bank strike: Why unions are protesting, what they want; 10 things to know

Public sector banks across India are experiencing widespread disruption due to a nationwide strike called by the United Forum of Bank Unions (UFBU). Employees are demanding the immediate implementation of a five-day work week, a request that remains unformalised by the government. The strike is expected to impact branch services for five consecutive days, compounded by upcoming holidays.

Bank strike today: Are public sector banks open for customers?

Public sector bank operations face nationwide disruption Tuesday as unions strike for a five-day work week. Conciliation talks failed, leading to the strike after banks were already closed for the weekend and Republic Day. This is expected to impact branch services for three consecutive days.

Nationwide Bank Strike Today: Check Which Banks Are Affected, What Services Will Work And What Won’t

Core services such as cash deposits and withdrawals, cheque clearances, and branch operations are likely to be affected at PSBs

Ubisoft shake-up: 6 Games scrapped, studios closed, and ‘Sands of Time’ remake killed in massive reset

Ubisoft has announced a restructuring that includes the cancellation of 6 games, such as the Prince of Persia: The Sands of Time Remake, and the closure of studios. Additionally, 7 games have been delayed to 2027 to meet enhanced quality standards.

Zomato founder Goyal steps down as grp CEO

Capgemini to cut up to 2,400 roles in France as AI shift reshapes operations

Capgemini is preparing to reduce its workforce in France by as many as 2,400 employees as part of a broader restructuring exercise aimed at aligning the business with artificial intelligence-led demand and addressing softness in certain service lines. The planned reduction will be carried out largely through voluntary departures. The move will impact nearly 7 [...] The post Capgemini to cut up to 2,400 roles in France as AI shift reshapes operations appeared first on HR Katha .

Weeks after worker strikes, Eternal CEO Deepinder Goyal steps down

Deepinder Goyal to step down as Eternal CEO amid top-level shift. What we know so far

Layoffs news: New York's iconic Met Opera to fire nearly 10% administrative staff amid financial strain

The other measures that Metropolitan Opera has announced includes a salary cut for its top-paid employees and the postponement a new production from its coming season.

Ola Electric Extends Decline To 10th Straight Session; Shares Tumble 6% On CFO Resignation

Shares of Ola Electric slid 5.5%, hitting their lowest level in a month, after CFO Harish Abichandani resigned citing personal reasons

Ola Electric Mobility shares tank 7%, down for 10th consecutive session. What’s triggering the fall today?

Ola Electric Mobility shares dropped significantly after CFO Harish Abichandani resigned, citing personal reasons. This marks the second executive departure in two months. The company also launched its first residential Battery Energy Storage System, 'Shakti', powered by its indigenous 4680 Bharat Cells, aiming to transform energy access for households and businesses.

1700+ PSAC jobs in Canada may be cut

Thousands working for Canada’s federal public service are at risk of being laid off. This isn’t altogether shocking because news of the government’s efforts to reduce the size of the public service during the November budget has already been out for sometime now. Media reports say that Public Service Alliance of Canada (PSAC) has sent [...] The post 1700+ PSAC jobs in Canada may be cut appeared first on HR Katha .