New Delhi — In a move mirroring a broader wave of workforce reductions sweeping the technology and entertainment industries, streaming pioneer Netflix is reportedly cutting nearly 1,000 jobs, amounting to approximately 6 percent of its total global workforce. The layoffs, first reported by the Wall Street Journal, are set to impact several core corporate and […]
Amazon Cuts Jobs in India and Globally as Tech Giant Pivots Toward Record AI and Infrastructure Spending
BENGALURU/NEW DELHI — E-commerce titan Amazon has initiated a fresh round of global layoffs affecting fewer than 1,000 employees, with approximately 100 positions eliminated in India. The targeted cuts primarily impact the company’s retail, customer service, and engineering divisions within its core Stores business. The move comes as a stark juxtaposition to the company’s aggressive […]
ITR Filing 2026: Switched jobs last year? Who will issue Form 16 for your ITR filing? Explained
ALSO READ: Not in taxable income? Major reasons why you must still file your income tax returns What is Form 16? Add Zee News as a Preferred Source Form 16 is the certificate of deduction of tax at source and is issued on deduction of tax by the employer on behalf of the employees. This certificate […]
Tech industry cut 38,242 jobs in May, worst since 2024
And 40% of job cuts across all industries were blamed on AI that month. Technology companies announced 38,242 job cuts in the US in May 2026, the highest monthly total for the sector since August 2024, according to research by employment placement company Challenger, Gray & Christmas. So far this year the company has observed […]