Layoffs and attrition have become a defining reality of today’s evolving workplace. From global tech giants to emerging startups, workforce reductions are reshaping careers, organisations, and entire talent ecosystems
Behind every layoff announcement are people, roles, and careers in transition. As organisations recalibrate strategies amid economic, technological, and structural change, workforce reductions continue to make headlines
This live tracker documents some of the significant layoff announcements affecting the Indian workforce across industries, offering HR leaders, professionals, and job seekers a continuously updated view of how the employment landscape is shifting in real time.
For HR leaders, talent professionals, and employees alike, these numbers are more than statistics. They reflect strategic resets, cultural shifts, and real career transitions. Tracking them helps make sense of the broader patterns shaping today’s workforce.
Let’s take a closer look at the document. If you want to share a tip about a layoff, please feel free to connect with us on this link. Your identity will be kept anonymous.
May 2026 Layoffs
Apna Mart
Accel and Peak XV-backed grocery delivery startup Apna Mart laid off around 10% of its workforce, affecting 35 to 40 employees across functions, in what is being reported as its first major round of cuts. The company has not officially commented on the development.
The restructuring is tied to two parallel decisions. First, Apna Mart has increased the use of AI and automation across parts of its operations, rendering several roles redundant. Second, the company has shifted its product and technology teams from Bengaluru to Gurugram, with some employees unable to relocate. Operational teams will continue working from cities where Apna Mart currently operates.
Pocket FM
Audio storytelling platform Pocket FM let go of around 100 employees across its content and product teams, roughly 10% of its workforce, with sources indicating another round could affect up to 15% by the end of June 2026. The company has internally classified the exits as performance-related, while 30 to 40 employees have been placed on improvement plans. Pocket FM has also moved nearly 2,000 contract workers servicing its US business to staffing firm Quess Corp.
The cuts come despite strong revenue momentum, with annual recurring revenue at USD 450 million, doubling in 12 months, and FY25 revenue of ₹1,768 crore. The company is reportedly in talks to raise USD 100-120 million at a valuation of up to USD 2 billion, even as it restructures around AI-led content and automation.
Freshworks
Freshworks laid off around 500 employees, roughly 11% of its global workforce, as part of an AI-led restructuring announced on May 6, 2026. CEO Dennis Woodside framed the cuts as a structural shift to concentrate resources on Freshservice and the Employee Experience business, telling Reuters that over half of the company’s code is now written by AI tools. Freshworks pegged restructuring charges at USD 8 million.
This was the company’s second major layoff in under two years, following 660 cuts in November 2024 under a similar AI-led efficiency push. Q1 revenue rose 16% year-on-year to USD 228.6 million, with Q2 projected between USD 232 million and USD 235 million. It marks the second profitable Indian-origin SaaS firm to cite AI directly as the cause of layoffs in 2026.
March 2026 Layoffs
Oracle
On March 31, 2026, Oracle laid off around 12,000 employees in India as part of a global restructuring affecting an estimated 20,000–30,000 workers worldwide, roughly 18% of its total workforce. Termination emails were sent at 6 AM under the name “Oracle Leadership,” with system access cut simultaneously and no prior managerial conversations. A second round of layoffs in India is reportedly expected within a month.
The severance package includes 15 days’ salary per year of service, notice pay, gratuity, and a two-month salary top-up contingent on voluntary resignation. Oracle has raised its restructuring cost estimate to $2.1 billion for FY2026, with the cuts expected to free up $8–10 billion in annual cash flow to fund its $50 billion AI infrastructure expansion.
Atlassian
Atlassian has announced plans to cut about 1,600 jobs, nearly 10% of its global workforce, to fund increased investment in artificial intelligence and enterprise sales. Around 250 of the layoffs will occur in India, with the largest share in North America and Australia. Over 900 affected roles are in research and development.
CEO Mike Cannon-Brookes said the move supports the company’s “System of Work” restructuring. CTO Rajeev Rajan will step down on March 31, 2026. The layoffs reflect wider tech-industry cuts, including workforce reductions at Block and Amazon amid rising competition from AI-native software.
February 2026 Layoffs
Livespace
Livspace has laid off about 1,000 employees, which accounts for about 12% of its total workforce. According to media reports, this move comes as part of the company’s internal restructuring.
The company is said to have made this move as it aims to become an AI-native organisation. However, the company is also reported to have been facing external funding over the past four years, creating an absence of profitability, according to Entrackr.
Myntra
E-commerce app Myntra has reportedly laid off about 50 employees to move a part of its operations from Gurugram to its Bengaluru-based headquarters.
According to media reports, the move will impact the company’s catalogue team as it aims to integrate certain roles into larger teams based out of Bengaluru while phasing out others. Though the company did not make statements publicly, media reports suggest that the company is bearing severance pay, outplacement support and extended insurance cover to affected employees.
January 2026 Layoffs
Ola Electric
Ola Electric is set to lay off 5% of its workforce as part of a new restructuring move for ‘improving profitability’ through automation.
About 620 people are going to be affected by the move, given that the total headcount of the company is about 12,396, Reuters reported.
The company is doubling down on speed and discipline through increased automation. The move is likely to affect front-end operations. The company said that it is going to build a leaner organisation for better long-term growth.
Amazon
According to media reports, the latest move could affect about 16,000 employees globally. The move comes as part of a wider restructuring drive that could see about 30,000 corporate roles eliminated by mid-2026.
This round of layoffs is expected to hit the Indian employees harder. The eliminations may include workforce from AWS, Prime Video, retail operations, and the People Experience and Technology (PXT) division, Amazon’s internal HR arm. Indian corporate teams, particularly those based in cities such as Bengaluru, Hyderabad, and Chennai, are seen as especially vulnerable this time, according to India Today.
TCS
TCS has been making headlines due to the shifting workforce strategies. And, starting in 2026, was not an exception. As the year started, the company announced that its workforce had gone down by 11,151
The layoff plan was announced in 2025. In July last year, the company made it official that by the end of 2025, about 12,000 employees would be affected by layoffs
In Q2 FY26, TCS had seen a decrease of 19,755 employees, having had 613,069 at the start.
Amazon
According to media reports, the latest move could affect about 16,000 employees globally. The move comes as part of a wider restructuring drive that could see about 30,000 corporate roles being eliminated by mid 2026.
This round of layoffs is expected to hit the Indian employees harder. The eliminations may include workforce from AWS, Prime Video, retail operations, and the People Experience and Technology (PXT) division, Amazon’s internal HR arm. Indian corporate teams, particularly those based in cities such as Bengaluru, Hyderabad, and Chennai, are seen as especially vulnerable this time, according to India Today
Sun Pharma
Sun Pharma Advanced Research announced recently that it is going to downsize the headcount by as much as 40%. However, it is focusing on removing over 80% of its employees based in the US.
It is projected that, by FY27, the Mumbai-based pharma company’s workforce count will be at 246, significantly less than 409 in FY24. The company may also consolidate its lab operations from four locations to two, between Vadodara and Mumbai.
Additionally, the company may also partly outsource its research work to clinical research organisations or contract development and manufacturing organisations
HCL
HCL Technologies announced that there has been a slight decline in its workforce by 261 employees
Though HCL Technologies announced that there has been an addition of 2,852 freshers, a slight decrease in the workforce by 261 has also been noted.
This counts to a final headcount of final workforce count to 2,26,379. The company stated that given the ratio between the alternations in the workforce, HCL’s work culture is being shaped by attrition and selective rationalisation.
The tech giant reported that it had added 3,489 employees to its workforce, which had declined by 269 employees in Q1 FY26. In the September quarter, the company had onboarded 5,196 freshers. For Q3, the entry-level hiring remained intact, and the overall headcount has been moderated through exits and targeted adjustments.
Sony Pictures
The entertainment industry is also not an exception to the clutches of layoffs. Reportedly, Sony Pictures is planning to lay off more than 100 people. Economic Times reported that the move comes as part of the company’s plans to restructure its operations to recalibrate its business strategy as market conditions become tougher.
The company, which currently owns 28 TV channels, is likely to outsource its post-production, consequently affecting the segment. The remaining job losses are expected to come from marketing, advertising, sales and Broadcast Operations & Network Engineering (BONE).
ET has linked this move to Gaurav Banerjee taking over as the CEO in 2024.
Sony will likely reveal a new structure by the end of this month.
Sapiens
Global software company Sapiens is planning a job cut, which is likely to affect the US and India-based workers. In India, the company has about 2000 employees.
Following an acquisition worth $2.5 Bn by private equity firm Advent, the company’s headquarters shifted to London from Holon, Israel. Thus, as a part of restructuring, Sapiens is planning to lay off about 10% of its workforce, consisting of 5,400 people.
Tech Mahindra
Yet another IT firm, Tech Mahindra, announced that the company’s headcount went down by 3,098 in the October 2025 – December 2025 quarter (Q3 FY26).
It said that, particularly, the number of IT employees within the company decreased by 2,334 in Q3 FY26. This marked a year-on-year decrease of 872 when compared to December 2024.
However, according to Tech Mahindra’s quarterly report, the last twelve-month (LTM) attrition rate has decreased to 12.3% in Q3 FY26 from 12.8% in the previous quarter.
Disclaimer: This list is live and will be updated as new layoff news surfaces.
