Restructuring dominates the week; portal listings rise to 5,996,675
The portal is carrying 5,996,675 open listings read from the careers pages of 158,143 employers, up from 5,851,678 on 30 October. India accounts for 411,473, behind the United States on 3,386,819 and ahead of Germany, the United Kingdom and Canada. Of the 81 stories on the dashboard this week, 38 concern layoffs and closures and 36 concern India.
Restructuring set the tone. Canva is cutting or relocating 1,271 roles, 22 per cent of its workforce, after what TechCrunch describes as its first slowdown in growth in a decade; hrkatha puts Squarespace's reduction at 19 per cent, around 300 posts, NICE's at 500 of 10,000 staff and SUSE's at about 190. The Guardian reports BT has removed almost 8,000 jobs since the end of March, and a second BMW profit warning as it absorbs the cost of 8,000 cuts; hrgrapevine puts Virgin Media O2's figure in the thousands. Others are using voluntary exits, with livemint reporting Google extending buyouts to Canada, France, Germany, Japan and Switzerland. NDTV Profit notes AI was cited in 33 per cent of tech layoff events in 2026, against 1 per cent in 2024, and hrdive finds nearly two-thirds of HR leaders expect layoffs in 2027.
The American indicators were steadier. ABC News reported jobless claims of 189,000, the fewest since mid-July; CNBC put September job openings at 7.52 million, up 333,000 on August; and ADP counted 86,000 private-sector jobs added in October. Pay and participation formed a third strand: The New York Times reported Bangladesh agreeing a higher garment minimum wage after protests, Al Jazeera covered French strikes over wages, and ICRIER figures carried by The Print show India's female workforce at 201 million in 2025 against 104 million in 2017-18, with rural women earning 45 per cent of men's pay.
This week in jobs · written 06 Nov 2026 from the stories below and our portal data
Updated every 3 hours · last updated 06 Nov 2026, 20:21 IST · stories carried for 7 days
90 stories from the last 7 days · 36 about India · 13 name an employer on our portal
The US labour market continues to show strength, with unemployment claims reportedly falling to their lowest level in 57 years. This suggests that most employers are holding on to their existing employees and layoffs remain low. At the same time, worker productivity grew faster than expected in the…
While there’s no evidence linking AI to mass layoffs, the tech has already ‘changed worker psychology’ When artificial intelligence researcher Mrinank Sharma quit his job at Anthropic earlier this year, the news rippled across the internet. In his resignation letter, posted on X and viewed 15.3m…
As companies plan payroll reductions, they’re also tightening their belts on severance packages while offering more extensive career transition services.
European and Asia-Pacific markets slide after Wall Street rout, while latest US jobs report beats forecasts Despite the sharp losses suffered on global stock markets around the world, most indices are still up for the year. The Nasdaq Composite index, for example, is still up 4.6% since the start…
The U.S. job market improved last month, according to a report from the Labor Department Friday. Employers added more jobs than forecasters had expected and the unemployment rate dipped to 4.1%.
Total nonfarm payroll employment rose by 165,000 in October, and the unemployment rate changed little at 4.1 percent. Employment increased in professional and business services, in health care, and in transportation and warehousing.
Meta is reportedly planning a major voluntary buyout programme in France, offering attractive exit packages to employees as it reshapes its workforce and increases its focus on artificial intelligence (AI). According to reports, Meta is considering voluntary departures for about 100 employees at…
The Federal Reserve decided against raising interest rates at its meeting last week, but it is widely expected to move again in December to help tame inflation.
Australian energy major Woodside Energy plans to eliminate at least 500 jobs globally, equivalent to around 10 per cent of its workforce, as it steps up cost-cutting measures while targeting higher production over the coming years. The company had 4,693 employees as of December 2025, with most of…
Meta has introduced voluntary exit packages for its employees in France following recent layoffs. This move aims to further optimise the company's workforce and reduce expenses.
Gas giant Woodside Energy announces it will slash at least 500 jobs from its global workforce as part of plans to cut costs by $550 million a year from 2028.
Telecoms group reports £1.1bn pre-tax profit in six months to end of September and share price touches five-year high Business live – latest updates BT has cut almost 8,000 jobs from its workforce since the end of March, as it pushes ahead with sweeping cost cuts across the business. The telecoms…
Hundreds of garment factories were shut down this week as workers in the country, the world’s second-largest exporter of clothing, demonstrated for higher pay.
Website-building platform Squarespace is reducing its global workforce by approximately 19 per cent, eliminating around 300 positions as it restructures its operations and redefines how teams work. Product and engineering functions are expected to bear the largest share of the job cuts. The company…
Canva is restructuring and how! This round of workforce restructuring is expected to affect 1,271 employees, or about 22 per cent of its global workforce. The changes include layoffs, role transitions and relocation to key company hubs. The Sydney-based design and publishing platform is undertaking…
NICE, the Israel-founded customer-service software company, is laying off about 500 employees globally, or 5 per cent of its workforce of 10,000. The move comes despite an earlier assurance from CEO Scott Russell that there would be no workforce reduction in Israel. The layoffs are part of a…
Chief executive officer Melanie Perkins said the restructuring followed the company’s first slowdown in growth in a decade and reflected the need to rethink how it operates and organises its teams.
Google is expanding voluntary buyout offers to employees in Canada, France, Germany, Japan and Switzerland as it seeks to control costs while investing heavily in artificial intelligence.
How long would a new fresher work to pay for today's most expensive Apple devices? We priced the iPhone Duo and MacBook Pro in months of take-home pay.
Trump's Republican Party suffered major defeats in its strongholds, including Texas, Georgia and Iowa, losing the governors' offices to Democratic candidates. Trump’s policies are being blamed by many as the reason for the loss - with tariffs and inflation in focus. The results are expected to have…
German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from China The German carmaker BMW has issued its second profit warning in a year, blaming the costs of a restructuring programme including significant job losses in the face of continuing competition…
Chief executive Melanie Perkins describes job cuts as ‘without doubt the hardest moment in our thirteen-year history’ in email to staff Get our breaking news email , free app or daily news podcast Canva is cutting or relocating more than 1,200 jobs, representing 22% of its global workforce, as part…
The festive period can make or break Britain’s best-loved retailers. To deliver Christmas for the nation – and for the bottom line – Sainsbury’s and Argos are recruiting 17,500 seasonal staff. Here, we find out how the retail giant hires at pace.
Follow the SCMP’s live coverage here A comprehensive victory for the Democrats in the US midterms has jolted asset classes from stocks to bonds and commodities in Asia, as investors expect the US Congress to tighten scrutiny over the AI industry and government spending. Stocks in the region closed…
The new statutory right of access for trade unions came into force on the 30th of October. Here’s what the experts have to say about what has changed, and what it means for policy and practice moving forwards...
The Walt Disney Company is reportedly planning thousands of job cuts as part of a new restructuring effort. Managers at the entertainment company have been asked to target around 20 per cent savings in annual costs, though the exact number of roles at risk has not been confirmed. With a global…
The cuts will disproportionately impact specific operations across Disney's sprawling empire, which includes its theme parks, television networks, and movie studios, Bloomberg said.
Open-source software company, SUSE is reducing its global workforce by approximately 10 per cent, with artificial intelligence (AI) and automation emerging as key factors behind the restructuring. The move is expected to affect around 190 employees, based on the company’s estimated workforce of…
ILO report shows share of enterprises with women CEOs rising to 28.2% in 2025 from 23.4% in 2013, while ICRIER finds that rising female workforce participation in India has not translated into commensurate improvements in job quality and productivity
NTT DATA plans to nearly triple its workforce in Mangaluru, increasing its employee strength from around 900 currently to more than 2,500 by the end of 2027. The expansion is expected to strengthen Karnataka’s efforts to develop technology and employment hubs beyond Bengaluru. The plans were…
India’s female workforce has nearly doubled in eight years, reaching 201 million in 2025 from 104 million in 2017-18. However, the increase has not translated into a corresponding rise in secure, well-paid employment, with a significant share of women entering agriculture, self-employment and…
Rural women earn just 45 percent of what men earn, whereas 60 percent of women outside the workforce cite household commitments as reason for not working,
MobiKwik’s revenue rose 9.4% year-on-year (YoY) to Rs 295.70 crore. The company attributed the quarter’s performance to higher gross merchandise value (GMV) growth and improved margins.
86% of Microsoft respondents, the survey said, expressed dissatisfaction with their increments, making the tech giant one of the lowest-rated employers, second only to Zoho.
Virgin Media O2 is reportedly preparing one of its largest workforce reductions, with up to 4,000 jobs at riskm that is, almost a quarter of its 16,000-strong workforce. The cuts are expected to fall mainly on non customer facing roles, alongside changes in senior leadership and a review of…
For decades, India’s talent map has been drawn around a handful of metropolitan cities. Mumbai, Delhi, Bengaluru and Hyderabad have traditionally been the preferred destinations for organisations looking to hire skilled professionals, build leadership pipelines and access specialised capabilities.…
Beijing's 18-point framework calls for advance notice of AI-driven job cuts, retraining, employment-impact assessments and stronger labour protections as automation spreads across industries.
Amazon has cut up to 250 jobs in its devices and services division, mainly affecting software development roles. The company cited efficiency and changes to its product plans, while employees were informed through early morning texts and emails.
The recruitment drive, announced under advertisement number ONGC/APPR/1/2026, covers technical, vocational and graduate-level disciplines across 24 work centres.
Extend full support to the hunger strike called by the United Forum of IDBI Officers & Employees on November 2nd and 3rd to demand cancellation of the Bank’s privatisation process
For most employees, a record-breaking year means a bigger bonus or a promotion. But what if the reward was something entirely different? One Dubai company's lavish gesture has captured everyone's attention.
Chancellor John Healey fails to guarantee equalisation with adult wage will happen in timeframe set out in manifesto Labour looks less likely to meet its manifesto pledge to equalise the minimum wage for younger workers before the next election, after the chancellor failed to guarantee the rise…
Reese Witherspoon's production company Hello Sunshine has reportedly laid off around 30 employees, or half its workforce, weeks after she and Mediawan reacquired it. The company is moving away from direct-to-consumer ventures to focus on films, TV and books.
Fewer IIT and IIM graduates are turning entrepreneurs in 2026, even as India's startup ecosystem expands. Only 79 IIT alumni and 20 IIM alumni founded tech startups between January and August. Experts attribute the startup boom to AI tools, lower costs and layoffs, but flag untapped talent.
The measures are intended to prevent and control pollution during a period when adverse weather conditions have historically pushed air quality into the ‘Severe’ and ‘Severe+’ categories.
After a year of layoffs and a drop in morale, Christophe Fouquet is betting that giving employees a say in what leaders earn will help ASML keep specialists who are costly to replace.
Alaska Air Group plans to cut roughly 200 jobs as soaring fuel costs strain its finances, with its CEO warning of a possible $700 million annual loss. The move highlights growing pressure on US airlines as higher fares and steady travel demand fail to fully offset the sharp rise in fuel expenses.
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the original. The figure beside a story is the number of openings that employer has on the
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publisher’s.