tech company restructuring
Amazon Plans 30,000 Corporate Layoffs in Largest Job Cut Since 2022: AI Productivity and Post-Pandemic Restructuring
Oct 28, 2025 09:07 am CST
Amazon is preparing to cut up to 30,000 corporate jobs beginning Tuesday, representing nearly 10% of its corporate workforce. CEO Andy Jassy cites bureaucracy reduction and AI-driven productivity gains as key factors, while the company continues struggling with strict return-to-office policies and AWS growth that trails competitors. Despite corporate reductions, Amazon still plans to hire 250,000 seasonal workers for the upcoming holiday season.
TCS Clarifies: Only 6,000 Employees Released Despite Exaggerated Layoff Reports in IT Sector Restructuring
Oct 09, 2025 09:51 pm CST
India's largest IT services company TCS has officially confirmed releasing only 1% or approximately 6,000 employees as part of its restructuring initiative, contradicting widely circulated reports of much higher numbers. CHRO Sudeep Kunnumal emphasized the company's commitment to handling the process with empathy while maintaining its vision to become the world's largest AI-led tech services company. Despite the restructuring, TCS continues to hire and has onboarded 18,500 new employees in the last quarter.