Market pulse › Jobs and layoffs
Jobs and layoffs
Today14 stories · 15 articles
Net tone● +7% today
Market check
Developing5 storylines
Jobs and layoffs in three lines
- The US H-1B visa system could change significantly within a year
- Zombie firms' share fell to 5.5% in 2025 from 8.1% in 2017
- India’s tourism sector contributes 5.22% to GDP and supports 8.46 crore jobs
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Policy● mixedNew US Green Card Bill targets jobs, family visas and lottery: What to knowThe proposal would reward education, English skills, salary and job offersH-1B visasClarity Act
● mixed$100,000 H-1B Fee: More Visa Curbs Ahead? JD Vance Says 'Should Not Exist To Replace American Workers'H-1B visasIT services
● mixedAI adoption set to accelerate, but data centres may not deliver comparable job gains: WEFAIData centresIT hiring
● mixedBarclays sees lasting labor-market pressures as immigration slows, population agesUS jobs dataUS economyInflation
▲ bullishBank employees worked on Sunday but Monday strike deferred; change in plan triggers meme fest onlineBank employees worked Sunday ahead of a planned three-day strikeBanksUnited Forum of Bank Unions
Policy▼ bearishH-1B faces major changes under Trump adminThe US H-1B visa system could change significantly within a yearH-1B visasIT servicesDonald Trump
Data● mixedWill US jobs data add to pressure on Fed policymakers?The report previews whether US jobs data will add pressure on Fed policymakersUS jobs dataUS FedUS economy
Data▲ bullishCorporate India sheds zombie firms as debt-servicing capacity improves: D&BZombie firms' share fell to 5.5% in 2025 from 8.1% in 2017Startup shutdownsDigital lending
Policy● mixedHow EPFO wage ceiling reset will change PF contribution mathEPFO raised the mandatory wage ceiling from Rs 15,000 to Rs 25,000 on September 17Labour codes
Expansion● mixedC&R Textiles, Perfectpack, SABS Exports and 2 other firms propose ₹469 crore investment in YEIDA, aim to create 4,625 jobsYEIDA
Expansion● mixedAxis Bank plans 12,500 campus hires, redeploys staff amid AI pushAxis Bank plans around 12,000–12,500 campus hires in FY27, versus 11,500–11,600 in FY26Axis BankPrivate banksBanks
Policy● mixedFive-day week: An 11-year dilemmaThe article argues extending banks’ Saturday holiday is a logical step for staff well-being and operational efficiencyBanksUnited Forum of Bank Unions
Policy● mixedEPF withdrawal rules: What happens if you withdraw full amount due to unemployment and later get a new jobEPF members can withdraw the full corpus after 12 months of unemployment
Data▲ bullishIndia’s tourism sector contributes 5.22% to GDP, supports 8.46 crore jobs: GovtTourism contributes 5.22% to GDP and supports 8.46 crore jobsHotels and travelGDPEconomic growth
Policy● mixed8th Pay Commission: As meetings gather pace, check NC-JCM and BPMS demands on salary, fitment and pensionThe 8th Pay Commission is consulting employee organisations and other stakeholdersLabour codes
● mixedTrump administration says deportations are lowering rents; what the data showsDonald TrumpUS inflationHousing
Expansion▲ bullishVedanta group announces ₹1 lakh crore investment drive in Odisha; targets 50,000 jobsVedanta group announced a ₹1 lakh crore investment drive in OdishaVedantaMetals and mining
● mixedThe blue-collar AI job market is booming. Will data center backlash make it go bust?HVAC, plumbing, welding and electrical workers are seeing a jobs boom from AI data centresData centresAI
Data● mixedGovernment bank jobs barely grew in 5 years even as PSU bank business surged 56%India’s banking sector added 2.72 lakh jobs in five years; PSB workforce remained almost unchangedPSU banksPSUsBanks
Policy● mixedDA hike July 2026: Will DA rise to 64% from 60%? ₹18,000, to ₹56,100 basic salary | Calculate your likely increaseThe organisation seeks completion of the pending process to settle arrears and revised salary paymentsLabour codes
Policy● mixed₹20,000 salary, two PF calculations: What changes in your September 2026 EPF contributionLabour codes
Policy● mixedMajor Green Card shake-up: New US bill threatens family and employment-based sponsorshipsUS midtermsUS deficit
● mixedOracle layoffs offer a warning: 5 money moves to make before the pink slip arrivesOracle recently laid off several employees in its cloud infrastructure division amid restructuring and an increased AI focusOracleInfrastructureAI
Expansion▲ bullishPunjab emerging as major industrial hub, attracted ₹1.89 lakh cr investment in 4 years: MannPunjab attracted ₹1.89 lakh cr in investment over four yearsManufacturingEconomic growth
● mixedMicrosoft Xbox layoffs: Halo Cinematic Director fired days after promotion — ‘Pretty wild’Josh Daniels was among **268 employees** affected by layoffs at Microsoft's Xbox divisionMicrosoft
Policy● mixedMinistry tells employers not to cut salaries after EPF wage ceiling rises to ₹25,000EPFO wage ceiling has been raised to ₹25,000Labour codes
Leadership● mixedCoca-Cola hires Rob Gehring from Monster Energy to run its North American operationsCoca-Cola hired Rob Gehring from Monster Energy to run its North American operationsFMCG and consumption
● mixedChoosing these AI-exposed college majors could dent your job prospects — and lower your payThe report says some AI-exposed college majors could hurt job prospects and lower payAI
● mixedIndian GCCs turn to AI upskilling, reskilling in bid to be 'future-proof'Indian GCCs are turning to AI upskilling and reskilling to prepare their workforceGCCsAIIT services
Policy● mixedA new bill in Congress would lower the retirement age to 60. See who would qualify.A proposed bill would lower Social Security’s full retirement age from 67 to 60 for workers in physically demanding jobs
Policy● mixedEmployee body seeks early announcement of July 2026 DA and DR revisionThe revised DA and DR rate is effective from 1 July
Policy▼ bearishFinance Ministry gives no commitment on five-day work week as bank strike loomsUFBU plans a three-day strike beginning September 28BanksPSU banksUnited Forum of Bank Unions
● mixedThree-day bank strike may disrupt salary credits and branch servicesCentral government employees and pensioners were due September salaries and pensions on September 25Banks
Policy▲ bullishGovernment disburses ₹36,754 crore under PLI schemes through June 30Cumulative PLI incentives disbursed reached ₹36,754 croreManufacturingEconomic growth
Policy● mixed8th Pay Commission: How a 24-month delay could mean nearly ₹18 lakh in arrearsA 24-month delay could mean nearly ₹18 lakh in arrears, the report saysLabour codes
● mixedIITs plan a two-year campus hiring freeze on 22 firms after over 150 offers go unhonouredMore than 150 offers across 23 IITs were not honouredIT hiringOracle
Data● mixedDistrict unemployment data needs granular analysis for policymakingNational Sample Survey findings show significant divergence between combined and demographic-specific joblessness figures across key districtsEconomic growthGDP
● mixedAmazon’s layoff plan takes a U-turn: Former employees are being recruited againAmazonE-commerceIT hiring
Leadership● mixedLow patience, new AI strategies trigger leadership churn at Hexaware, CitiusTech, GlobalLogicAIIT hiring
Data▲ bullishIndia records FY26 high of $94.53 billion in FDI; cumulative inflows hit $843 billionFDI reached a record $94.53 billion in FY 2025-26FDIManufacturingEconomic growth
● mixedVolkswagen weighs restructuring and job cuts to address lossesVolkswagen is set to meet on restructuring plans and job cutsVolkswagenAutos
Policy● mixedLabour codes at 10 months: What has changed for employees and employers?Labour codesIT hiring
● mixedBank strike from September 28: Sunday opening, advance salary and key detailsBanksUnited Forum of Bank Unions
● mixedAs the coding boom fades, computer science grads focus on AI skills in choppy job marketRecent computer science and computer engineering graduates face an unemployment rate of around 7.1%IT hiringAIUS jobs data
Policy● mixed10 months of new labour codes: What has changed for employees and employers?India’s four labour codes have been in rollout for 10 monthsLabour codesIT hiring
● mixedMake in India gains remain limited to a handful of sectors, with patchy impactRecent government incentive schemes have seen some successManufacturingEconomic growthTrade data
Leadership● mixedTata Electronics hires two semicon veterans after some senior-level exitsTata GroupSemiconductorsElectronics manufacturing
Data● mixedUS weekly jobless claims near 57-year lows; price reductions boost new home salesUS jobs dataHousingUS economy
Policy● mixedTen months on, implementation challenges still exist in the labour codes transition, says GT BharatState-level rule-making and central-state coordination remain key to implementing the labour codesLabour codesGCCs
Policy● mixedExpects states, UTs to notify labour Code rules by October 31: CentreCentre expects states and Union Territories to notify labour Code rules by October 31Labour codes
Data▲ bullishH2FY27 hiring intent seen at 5.4%, e-commerce leads growth: ReportTeamLease sees hiring intent at 5.4% in H2 FY27E-commerceStartups and VCIT hiring
Leadership● mixedSolana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance pushSolana Foundation hired Rachel Conlan and Jamal Raees, veterans of Binance and PolygonSolanaBinanceFintech and payments
Policy● mixedEPFO e-nomination: Who gets your PF money? Know rules and filing stepsEPFO members can nominate eligible family members and update details online
▼ bearishBank strike from Sept 28-30: Why are employees demanding 5-day work week and pension tweak?Bank unions plan a three-day strike from Sept 28-30, demanding a five-day banking week and pension reformsBanksUnited Forum of Bank Unions
● mixedOracle job cuts hit middle managers, workers over 40 in cloud unitOracle’s latest cloud infrastructure layoffs reportedly hit middle managers and employees aged 40 and above hardestOracleInfrastructure
Policy● mixedCentral government employees to receive September salary early on September 25Central government employees will receive September salary on September 25BanksFintech and payments
● mixedAmazon contacts former employees about returning for AI and cloud rolesA recruiter-led initiative contacted former AI and machine-learning staff last monthAmazonAIIT hiring