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News & Updates

Layoff news, hiring signals, and platform announcements from the LayoffLink team.

August 1, 2026

Bank of Baroda confirms cyber incident after hackers claim data theftDate: Confirmed July 28, 2026 | Sources: The Record (Recorded Future News)

One of India’s largest state-owned banks, Bank of Baroda, confirmed a cybersecurity incident on July 28, 2026, after a threat actor claimed to have stolen and published sensitive banking data…

August 1, 2026

Tech Mahindra employee protests alleged unfair termination

Date: Protest held July 24, 2026 (Hyderabad) | Sources: NewsMeter, Deccan Chronicle, HR Katha, Hauterrfly An employee identified as R Bhavana staged a solo protest (dharna) outside Tech Mahindra’s Dundigal/Medchal…

August 1, 2026

Samsung’s consumer unit cuts 739 New Jersey jobs as HQ moves to Texas

A Worker Adjustment and Retraining Notification filed with New Jersey shows Samsung Electronics America (SEA) — the arm that handles U.S. sales and marketing for phones, TVs, displays, and home…

August 1, 2026

Oracle — up to 30,000 jobs cut (~18% of workforce)

Oracle — up to 30,000 jobs cut (~18% of workforce)Date: Began March 31, 2026 | Sources: TD Cowen estimate (via multiple outlets), Bloomberg, Oracle 10-Q filing Oracle carried out one…

August 1, 2026

Expedia Group’s fourth 2026 restructuring round reportedly cuts 1,650 jobs

Industry trackers are reporting that Expedia Group has begun a fresh global workforce reduction affecting roughly 1,650 employees, close to 10% of headcount. Expedia itself has not issued a press…

August 1, 2026

Cisco cuts nearly 4,000 jobs — while posting record revenue

Cisco’s layoffs stand out this year because they weren’t triggered by weak results. The networking giant announced the reduction of just under 4,000 roles, less than 5% of its roughly…

August 1, 2026

Intel cuts its Data Center Group days ahead of Q2 earnings — despite 22% growth

Intel is trimming headcount again, this time inside the Data Center and AI Group, in a round that landed just before the company’s July 23 second-quarter earnings report. What makes…