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Redwood Materials loses COO and multiple VPs as restructuring triggers layoffs

Redwood Materials loses COO and multiple VPs as restructuring triggers layoffs

Redwood Materials has suffered leadership shakeups after a recent restructuring and layoffs, according to TechCrunch. The company’s COO, former Tesla executive Chris Lister, is retiring, and at least three other VPs have also left. The departures point to a broader reset in how the recycling and battery materials firm is organizing its leadership and operations.

Summarised by Beize from a story on TechCrunch on 24 Apr 2026
Snap to cut 1000 jobs as AI push drives major cost savings

Snap to cut 1000 jobs as AI push drives major cost savings

Snap is expanding layoffs amid an AI-driven push to boost speed and cut costs, affecting around 1,000 employees. The move signals a broader big-tech trend: companies are seeking fewer workers while relying on new automation to improve efficiency. As AI adoption accelerates across industries, the layoffs also highlight growing uncertainty about what future jobs will look like.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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SpiceJet starts job cuts as delayed salaries and unpaid dues pile up

SpiceJet starts job cuts as delayed salaries and unpaid dues pile up

SpiceJet, India’s oldest private airline, is rapidly deteriorating operationally and financially. With capacity sharply reduced, the carrier has begun furloughs and is delaying salaries for employees by up to two months or more. Unpaid dues including GST, TDS, and PF are also accumulating, deepening uncertainty for staff and stakeholders as the airline hunts for a lifeline.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
TCS headcount drops by 23460 in FY26 but CHRO says layoffs are paused for now

TCS headcount drops by 23460 in FY26 but CHRO says layoffs are paused for now

India’s biggest IT services firm TCS cut 23,460 employees in FY26, taking its strength to 584,519. The company says restructuring is complete and it plans aggressive campus hiring, targeting about 40,000 freshers every year. Still, TCS is holding back on clearer FY27 hiring plans as global demand remains uncertain, despite no more layoffs for now.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Oracle layoffs threaten H1B workers just as AI hiring accelerates in 60 day window

Oracle layoffs threaten H1B workers just as AI hiring accelerates in 60 day window

Oracle’s fresh layoffs, paired with investment in AI infrastructure, are putting H-1B workers in a high-stakes situation. After termination, many rely on a short 60-day grace period to find new employment, change immigration status, or leave the US lawfully. Experts stress quick decisions and careful filings to protect legal status during the transition window.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Starbucks layoffs hit tech unit as turnaround plan shifts Seattle roles to Nashville

Starbucks layoffs hit tech unit as turnaround plan shifts Seattle roles to Nashville

Starbucks is laying off workers in its technology division as part of a broader restructuring under new leadership. Some roles currently based in Seattle are expected to move to Nashville, with the company aiming to improve operations and boost sales. More workforce changes are anticipated as the turnaround plan ramps up.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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KPMG to cut 10 percent of US audit partners after early retirements fail

KPMG to cut 10 percent of US audit partners after early retirements fail

KPMG says it will cut about 10% of its US audit partners, impacting over 100 people, after a multi-year push to encourage early retirements saw weak uptake. The firm insists the decision is not tied to performance reviews and says layoffs aim to align partner numbers with the current size of its audit business. Packages and job-search support will be offered.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
Meta ends Sama contract in Kenya triggering layoffs of over 1000 workers

Meta ends Sama contract in Kenya triggering layoffs of over 1000 workers

Meta has ended its contract with Kenyan content moderation firm Sama, setting off layoffs affecting more than 1,000 workers at Sama’s Nairobi office. Sama previously provided moderation services for Meta. The move comes amid an ongoing lawsuit from former moderators alleging poor working conditions and insufficient mental health support.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
KPMG to cut 10 percent of U.S. audit partners after VRS failure

KPMG to cut 10 percent of U.S. audit partners after VRS failure

KPMG is set to cut roughly 10% of its U.S. audit partners, a rare move in the consulting world. The restructure, driven by CEO Tim Walsh, follows the company’s voluntary retirement scheme falling short. With pressure building on the audit division, the firm is taking a direct staffing approach rather than relying on attrition to reset costs.

Summarised by Beize from a story on Republic on 24 Apr 2026
Jack Dorsey layoffs sell AI future while old mistakes fade in the background

Jack Dorsey layoffs sell AI future while old mistakes fade in the background

Block Inc. CEO Jack Dorsey announced major job cuts and framed them as a pivot toward artificial intelligence. The move echoes a familiar Silicon Valley playbook: rebrand setbacks as innovation. While the company now spotlights AI, questions around earlier over-hiring and questionable acquisitions risk getting drowned out—at least for investors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Meta to cut 10 percent jobs as AI spending forces major restructuring

Meta to cut 10 percent jobs as AI spending forces major restructuring

Meta Platforms plans to lay off about 8,000 employees—roughly 10% of its workforce—on May 20. The move comes alongside a freeze on 6,000 open positions as the company seeks greater efficiency while funding major artificial intelligence investments. Employees impacted are expected to receive severance packages and support services to ease the transition.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
UAE economy tightens as Gulf war drags jobs and pay cuts, threatening India remittances

UAE economy tightens as Gulf war drags jobs and pay cuts, threatening India remittances

As the Gulf war continues, the UAE’s economy is showing early signs of stress. Hospitality, travel, and food and beverage firms are cutting jobs and reducing salaries, shifting focus from targets to survival. If the slowdown deepens, it may weigh on remittances sent to India by workers, with companies turning to cost controls similar to earlier pandemic measures.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Nestle to cut 180 jobs in France as global restructuring accelerates

Nestle to cut 180 jobs in France as global restructuring accelerates

Nestlé plans to reduce about 180 jobs in France as part of a broader global reorganization aimed at cutting costs and improving efficiency. The company says the changes focus mainly on research and development and support functions, not on employee performance. The move follows an earlier plan to eliminate up to 16,000 roles worldwide amid rising input, energy, and logistics costs and shifting consumer demand.

Summarised by Beize from a story on Startup Talky on 24 Apr 2026
Meta Cuts 8000 Jobs While Leaving Roles Vacant to Fund Aggressive AI Push

Meta Cuts 8000 Jobs While Leaving Roles Vacant to Fund Aggressive AI Push

Meta says it is cutting about 8,000 jobs, roughly 10% of its workforce, to improve efficiency and accelerate spending on AI infrastructure and top-tier AI hires. The company will also leave around 6,000 roles unfilled. At the same time, Microsoft is reportedly preparing voluntary buyouts for thousands of U.S. employees, signaling broader cost-control moves across Big Tech.

Summarised by Beize from a story on Republic on 24 Apr 2026

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Outplacement firms see 40 percent demand surge as layoffs get softer and riskier

Outplacement firms see 40 percent demand surge as layoffs get softer and riskier

Outplacement providers are reporting a sharp rise in demand, up 20–40 percent, as companies restructure and cut jobs across sectors. Economic pressure and technology-driven changes are pushing firms toward smoother exits, while concerns over employer branding and legal exposure are prompting more investment in career support for departing workers and employee well-being.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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