Intuit Layoff: Global financial technology firm Intuit has made a big announcement of laying off 17 percent of its global workforce i.e. about 3000 people.

According to the company’s internal memo, CEO Sasan Goodarzi told employees on Wednesday that the purpose of this restructuring is to reduce complexity and simplify the company’s organizational structure so that better products can be delivered and the pace of innovation can be accelerated.

Is the company replacing humans with AI?

The objective of the company is to reduce the complexities of organization and improve operations. In this sequence, Intuit is shifting its resources towards AI-based technology.

The company also recently signed deals with companies like OpenAI and Anthropic to add AI to its financial and tax software like TurboTax and QuickBooks. However, the CEO of the company has made it clear that the layoff has not been done to replace workers with AI, but it is a strategic part of the company to increase its efficiency.

What will the affected employees get?

According to Reuters report, the employees affected by this layoff in America will be given 16 weeks’ basic salary. Apart from this, additional 2 weeks salary for every year of service spent in the company will also be included in the package.

impact on india

This global layoff of Intuit is sure to impact India also because India, especially Bengaluru, is one of the global hubs of the company. Large teams of product development, engineering and data science work here, so some roles can be eliminated in these offices also. Intuit is also going to close its offices in Reno, Nevada and Woodland Hills, California. The company announced this layoff on the same day as Meta announced the firing of 8000 people from its company.

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Flipkart Layoff: Walmart-owned e-commerce company Flipkart has shown the exit to 300 employees. The decision to lay off the employees has been taken after its annual performance review held on March 6-7. In this sequence, about 300 employees have been retrenched.

This new round of exits has affected approximately 1.5 percent of Flipkart’s workforce. The total workforce of the company is about 20000 employees. This retrenchment done by the company has taken place in different departments including engineering, operations and marketing.

Layoffs have happened before too

This step taken by Flipkart is part of the company’s annual performance management process, under which low performing employees are usually asked to leave the company. The company has done the same from time to time in the last few years.

In early 2024, Flipkart laid off around 1000 employees as a part of its annual performance review cycle. This was 5 percent of its total workforce. Like many big companies, Flipkart has focused on improving operational efficiency and cost discipline in recent years.

IPO preparation

The layoffs by the company have taken place at a time when Flipkart is preparing for public listing in India. The company has started talks with some investment banks including Goldman Sachs, Morgan Stanley, JP Morgan and Kotak Mahindra Capital to explore the possibility of a proposed IPO. However, this process is still in the initial stage. Before launching the IPO, the company is focusing on reducing its costs and increasing efficiency.

These are also the reasons for layoff

The company is shifting its base from Singapore to India and in this sequence changes are being made in the senior leadership. Apart from this, even though the company’s revenue has increased by 14 percent in the financial year 2025, the loss still persists. In such a situation, to control expenses, the company has put a ban on new hiring for the last one year.

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Morgan Stanley Layoff: Morgan Stanley, the world’s largest financial services company, has announced layoffs of a large number of employees. The company has said that it will reduce its workforce by 3 percent, which is equivalent to 2500 employees. A source close to the matter told news agency Reuters that the layoffs have been done in Investment Banking and Trading, Wealth Management and Investment Management divisions. However, according to the source, this will not have any impact on the financial advisor.

There will be layoffs despite profits

The surprising thing is that the bank broke the record in the year 2025. During this period, the annual revenue also reached its highest level till date. Fourth quarter profit also exceeded Wall Street’s expectations. This led to a 47 percent jump in the revenue of this investment banking because with the increase in dealmaking, debt underwriting fees also almost doubled. The bank entered the year 2026 with hope. During this time, many big things were said to happen like mergers and acquisitions as well as initial public offerings. In such a situation, the issue of retrenchment is beyond comprehension.

Then why are the lay-offs taking place?

Clarifying on this, the source said that job cuts were done on the basis of strategy and individual performance. The bank is also planning to do hiring in other areas. It is clear from this that the bank is changing its location strategy. Under this, a plan is being made to eliminate old roles and recruit new people where there is more potential for development. This means that this time Artificial Intelligence (AI) cannot be held responsible, rather the reason for the layoffs is something else. At the end of December, Morgan Stanley’s global workforce was 82,992.

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Amazon Layoff: Amazon is in the mood for layoffs again. It is being claimed in the reports that the company can fire around 16000 people. This is part of the restructuring drive of the company started a few months ago, under which there is a plan to lay off 30,000 employees.

In its initial phase, about 14,000 people were laid off, but now reports are coming that the next wave of layoffs may start from next Tuesday. About 16,000 more employees may be affected by this upcoming round of layoffs in Amazon.

Impact will be visible on India also

If layoffs indeed happen, it will be the biggest layoff in the company’s history, surpassing the 27,000 laid off by Amazon itself in 2023. What’s more, the earlier layoffs were mostly US-based, but this time its impact is expected to be visible on many teams working in India as well. It is being told that layoffs will take place in many big divisions like Prime Video and AWS.

Second round starting from Tuesday!

According to a Reuters report quoting people associated with the matter, Amazon is planning to begin its second major round of corporate job cuts on Tuesday, January 27. The company had already eliminated around 14,000 white-collar positions in October last year and it is expected that this next wave will also be of similar scale.

Although Amazon has not officially confirmed the exact date, ongoing discussions on social media platforms like Reddit, Linkedin posts and Blind suggest that notifications regarding layoffs may start coming in the beginning of the week. Some employees have also claimed that those who are already on the Performance Improvement Plan (PIP) can be informed before others.

Danger alarm on these

It is being told that this time the teams of Amazon Web Services (AWS), Retail Operations, Prime Video and People Experience and Technology (PXT) division, which is the internal HR wing of Amazon, may be affected. Overall, layoffs will mostly focus on higher-paying corporate jobs rather than warehouse or delivery staff.

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Layoffs 2025: In the year 2025, many tech companies around the world conducted layoffs. Due to this, more than 120,000 people lost their jobs. This was a year when there were large-scale cuts in the workforce of the global tech industry.

Companies laid off people due to their focus on cutting expenses, restructuring of working patterns and changes being made regarding artificial intelligence. Roles were reduced in many different sectors, from chip manufacturing companies to IT service firms and cloud and telecom companies.

Intel laid off the most people

Intel laid off the most employees from its place. Semiconductor company Intel laid off about 24,000 people to rein in its expenses and change its foundry-focused business model.

After this, the name of Tata Consultancy Services (TCS) came at second place, which laid off about 20,000 staff. The reasons for this were said to be lack of skills and greater adoption of AI-based delivery models. This means that these two companies were hit hard by layoffs this year. Verizon also eliminated about 15,000 roles while restructuring its operations to reduce costs.

Amazon is no less in terms of layoffs

Amazon’s name was also included in the list of companies making layoffs this year. This year, Amazon reduced its workforce by eliminating about 14,000 management and administrative roles. Dell Technologies also reduced about 12,000 people from its total workforce. The company focused on cost management and turned to AI-optimized hardware and enterprise services.

People lost their jobs in these companies also

Accenture and SAP also made mass layoffs. As client demand shifted towards generative AI projects, Accenture reduced the company by about 11,000 staff. SAP eliminated 10,000 roles to manage its cloud computing and business AI resources.

Microsoft laid off about 9,000 people across several divisions, including gaming and Azure, and prioritized long-term AI infrastructure investments. Toshiba cut 5,000 jobs due to restructuring after privatization, while Cisco made the top ten by laying off 4,250 employees by redirecting spending on cyber security and AI development.

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Layoff News: In this phase of retrenchment, another company has joined the chain of laying off its employees. This is an American telecommunication company, whose name is Verizon. The company is preparing to furlough thousands of employees. Quoting a person familiar with the matter, Reuters said in its report that the company is planning to lay off about 15,000 people, which is 15 percent of its total workforce. However, there has been no comment on this from Verizon.

What is the reason for layoff?

According to the source, the retrenchment plan is being made targeting non-union management rank employees. This is expected to affect more than 20 percent of the employees. Actually, these days Verizon is preparing to convert about 180 corporate retail stores into franchised operations. The company is facing competition in the market due to slow growth in the number of subscribers and customers not purchasing premium wireless plans. It is also facing increasing pressure from other companies like AT&T and T-Mobile US.

There will be layoffs in this big tech company too

Many companies have recently made layoffs in order to adapt to the way of working in this era of Artificial Intelligence (AI). These include names of many big companies like Amazon, TCS, Microsoft, IBM. Earlier this month, big IT company IBM had talked about laying off thousands of employees focusing on software growth. The company’s spokesperson had said, we are going to do something in the fourth quarter, which will impact a single digit percentage of our global workforce.

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Amazon Layoff: People are being laid off again in Amazon, a well-known American company in the e-commerce segment. It is being told that the company has planned to lay off about 14,000 workers to reduce its expenses and manage ‘overhiring’ during the Covid-19 pandemic. This process has already started from 28th October.

According to media reports, Beth Galetti, Senior Vice President of People Experience and Technology at Amazon, said in a message to the workers, “Through the layoffs we are now informing you about, we are continuing our work of reducing bureaucracy, removing layers and shifting resources to ensure that we are making big bets on what matters most to the needs of our customers.”

From which departments will people be removed?

It is estimated that out of the 14,000 employees who will be retrenched this time, 1000 will be from India alone. According to a report by Economic Times, this layoff of the company in India will affect departments like finance, marketing, technology, human resources as well as people who are part of the global team. The number of employees in Amazon is approximately 15 lakh. Of these, 3.5 lakh corporate workers will be victims of retrenchment. People working in Amazon Web Service (AWS), Operation, PXT-Service and Device divisions will also not remain untouched by this.

This news of layoffs is surprising people because in the last quarter itself the company had earned a profit of 18 billion dollars. What’s more, the company also plans to invest $120 billion. In such a situation, the issue of cost cutting is beyond comprehension.

How did the employees receive the news?

This information was given in an email sent by Beth Galetti on the morning of October 28, in which it was told that “Unfortunately, your role has been eliminated.” We will remain with you throughout this period. This decision has been taken with great difficulty after much review.

A training program will be organized by the company for the employees affected by the layoff. They will be helped to find jobs elsewhere. Retirement packages are also being offered to employees. Apart from this, now even after not working, you will continue to get full salary and other benefits for 90 days.

Why are people being expelled?

In this era of AI (Artificial Intelligence), companies are rapidly adopting this technology. In June, JC had told its workers that the company would increase the use of AI. During that time, Jesse had said to accept this change, become proficient in AI, help the company in adopting AI. Amazon wants to reduce bureaucracy and invest its existing resources in AI.

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Amazon layoffs: Amazon, one of the world’s largest e-commerce and cloud computing companies, is once again preparing for layoffs. This time, staff at HR level will be laid off. According to media reports, Amazon is planning to cut its human resources department by 15 percent.

Amazon has more than 10,000 employees in its human resources department worldwide. There is a possibility of layoffs in many other departments also. However, its greatest impact is likely to be on human resources, known as the People Experience and Technology (PXT) team. Nothing can be said clearly about this right now.

People are being fired from every department

This news of layoffs comes immediately after Amazon’s announcement that the company will appoint 2,50,000 employees in the US fulfillment and transportation network for the next festive season. Like many big companies of the world, Amazon is also going through a phase of layoffs. According to a Bloomberg report, about 110 people have recently been laid off in Amazon’s Wondery Podcast division. The company cited the restructuring being done on a large scale. Even the CEO at Wondery left his job.

Amazon’s investment of 100 billion dollars

As the scope of Artificial Intelligence (AI) is increasing, companies are trying to reduce their workforce. Even Amazon has not been spared from this. Keeping in mind the increasing use of AI, the company is investing heavily in it. The company plans to spend approximately $100 billion this year in building cloud and data centers. In this era of change, people are being thrown out of work in droves. The maximum retrenchment took place between the end of 2022 and 2023, when about 27,000 people lost their jobs.

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