Job cuts

Oracle begins layoffs affecting thousands, CNBC reports

The layoffs come amid Oracle’s aggressive push to ramp up spending on AI to better compete with rivals like Alphabet and Amazon that also offer cloud services.

‘Why wait for a bus that won’t come?’: India has more graduates than jobs

Ford Motor Co. employees work on the final assembly of vehicles at the Ford India Pvt. Maraimalai Nagar factory in Chengalpattu, India, on Tuesday, April 17, 2012. Ford's Maraimalai Nagar plant near Chennai in the southern state of Tamil Nadu makes the Figo hatchback, the Fiesta sedan and Endeavour SUV models.

In Good Company

Cut down entry-level hiring because of AI? Far from it, says Oliver Wyman CEO

Oliver Wyman CEO Nick Studer says the company wants fit, well-performing corporate athletes and not exhausted, analytical shells.

Meta cutting several hundred jobs amid record AI spending: Sources

The cuts will impact fewer than 1,000 total employees, according to a source. Meta had about 79,000 employees worldwide at the start of 2026.

Singapore-based Crypto.com lays off 12% of staff, third cut in four years

In an e-mail to affected employees, the firm’s human resources department said that the cuts are part of its reorganisation.

HSBC mulls over job cuts that could impact around 20,000 roles from AI-driven overhaul: Sources

Non-client facing roles in global service centres are among those expected to be most impacted although the assessment is at an early stage, according to sources.

Meta planning sweeping layoffs as AI costs mount

The layoffs could affect 20 per cent or more of the company.

Software firm Atlassian to cut 1,600 jobs in AI pivot

The move comes as investors increasingly scrutinise software firms amid fears that advances in AI could disrupt traditional software business models.

In Your Opinion Podcast

Gen AI won’t take your job away. Here’s why

Adapting to the rapid rise of AI agents might seem daunting, but consider why older workers with deep domain expertise actually hold a unique advantage in this new technological era.

Oracle plans thousands of job cuts in face of AI cash crunch

Oracle is embarking on a historic build-out of data centres to power AI workloads for customers such as OpenAI.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.