New Delhi, June 6 (IANS) Over 1 lakh jobs have been cut in the technology sector in the first five months 2026, with May alone accounting for nearly 28,900 roles, a new report has said.The report from Layoff.fyi said a total of 1,16,739 tech employees have been laid off year‑to‑date, adding that only 10,577 job cuts were announced in May 2025, less than half compared to 28,889 last month.However, March was the worst month this year so far in terms of job cuts, with over 46,000 mass layoffs.M…
Latest Coinbase News & Updates
New Delhi, May 5 (IANS) Crypto exchange Coinbase on Tuesday said it is laying off 14 per cent of its staff as artificial intelligence (AI) is changing the way people work, to be lean, fast, and AI-native.All impacted team members will receive an email to their personal account with more information, “and an invitation to meet with an HRBP and a senior leader in your organization”, said the company.“Coinbase system access has been removed today. I know this feels sudden and harsh, but it is…