Expansions, layoffs, funding, leadership moves, and policy shifts — with our take on what it means for hiring in India, today and over the next five years.
E-commerce platform Etsy has announced it is letting go of roughly 12% of its total workforce as part of a broader restructuring effort. The move signals a strategic pullback aimed at reducing costs and streamlining operations. This follows a broader trend of global tech and e-commerce companies rightsizing after pandemic-era over-hiring.
Visa has announced it will lay off approximately 2,600 employees worldwide, with a regulatory filing confirming 320 of those cuts will come from its Foster City headquarters alone. The reductions span several business functions rather than being concentrated in one area, suggesting a broad organisational restructuring. With Visa running significant technology and operations teams in India, the ripple effects on Indian employees and the wider fintech talent market are worth watching.