Global Tech Giants Announce Over 1 Lakh Job Cuts in 2025 Amid Restructuring, Economic Headwinds

Serena AlegriaJuly 3, 202507 mins

Major technology corporations worldwide have announced significant workforce reductions in 2025, collectively slashing over 1 lakh jobs across various divisions. This wave of layoffs impacts industry titans including Microsoft, Intel, IBM, Amazon, Google, Meta, and Infosys, signalling a period of intense restructuring driven by a confluence of economic pressures and strategic shifts. The Scale of…

Paramount Global Weighs Selling Minority Stake in Iconic Hollywood Studio Amid Restructuring

Maya PatelJune 3, 2025June 6, 202508 mins

New York — Paramount Global is reportedly exploring the potential sale of a significant minority stake in its storied film and television production arm, Paramount Pictures. The move, according to sources familiar with the situation, is part of a broader strategic review as the media giant navigates a challenging and rapidly evolving industry landscape. Speculation…