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06Jul 2026
Global

2026 tech layoffs pass 120,000 as employers cite AI

The running tally of major tech layoffs in 2026 crossed 120,000 roles, with AI the most-cited reason. Microsoft added another 4,800 cuts across Sales and Xbox, extending a wave that has rippled into India’s global capability centres.

Source: TechCrunch ↗
03Jul 2026
Kerala · Labour

CorroHealth relieves nearly 800 staff in Kochi & Kozhikode; labour dept intervenes

US-based CorroHealth abruptly relieved close to 800 employees at its Palarivattom (Kochi) and Kozhikode offices. Workers allege the layoffs stem from the company’s objection to Kerala’s rules requiring double-rate overtime beyond eight hours. The state labour department halted the layoffs pending talks, as employees demanded reinstatement.

Source: Onmanorama ↗
03Jul 2026
Workforce

AI leads job cuts for a record fourth month; tech = 31% of H1 layoffs

Artificial intelligence was named the leading driver of job cuts for the fourth straight month — a first in outplacement records — with the technology sector accounting for nearly a third of all layoffs in the first half of 2026.

Source: TechTimes ↗
30Jun 2026
Kerala IT

Technopark crosses 80,000 jobs; software exports up 56% in five years

Kerala’s Technopark, Thiruvananthapuram, now provides direct employment to about 80,000 professionals — nearly half of them women — a 27% rise since 2020–21, alongside a 56% jump in software export revenue over five years.

Source: Deshabhimani ↗
23Jun 2026
Layoffs

Oracle’s AI restructuring linked to about 21,000 job cuts this year

Oracle’s heavy investment in AI infrastructure has coincided with an estimated 21,000 job reductions in 2026, with analysts warning that more cuts could follow across the sector.

Source: Forbes ↗
12Jun 2026
India IT

India: nearly 30,000 tech jobs cut in May amid the AI shift

India’s technology sector saw close to 30,000 roles eliminated in May 2026 as companies cited AI-driven efficiency. Fear over further automation-led cuts continues to grip the workforce even as new AI, cloud and data roles open up.

Source: NNHire ↗
10Jun 2026
Kerala IT

Infopark Kochi Phase 3 planned as an integrated AI township

Infopark Kochi’s third phase is being planned as a world-class integrated AI township (with the GCDA), while Brigade Group adds roughly one million sq ft with a new WTC tower — signalling major expansion of Kochi’s IT space and future jobs.

Source: Convergence Now ↗
28May 2026
Labour Policy

India’s four Labour Codes take shape: 8-hour day, double-rate overtime, 50% wage rule

With over 30 states and UTs notifying rules, India’s new labour codes bring a maximum 8-hour day, overtime at twice the wage, a mandatory weekly rest day, the 50% basic-pay rule, and pro-rata gratuity for fixed-term staff after one year — changes directly relevant to IT employees.

Source: Government of India ↗
22May 2026
Kerala IT

20 new IT companies set up in Kerala; thousands of park jobs planned

At least 20 new IT companies opened in Kerala, creating 300+ jobs, with more firms seeking space. The government plans to add 500 jobs at Technopark, 1,000 at Infopark Kochi and 125 at Cyberpark, Kozhikode.

Source: Sesame Technologies ↗
15Apr 2026
Layoffs

TCS trims 23,460 roles in AI-first pivot as IT majors reshape workforces

Reports indicate TCS reduced its headcount by 23,460 as it shifts to an AI-first services model, part of a broader trend among India’s largest IT firms reshaping their workforces.

Source: Outlook India ↗
09Mar 2026
Labour Rights

Karnataka IT union (KITU) renews call for labour-law reform in the IT sector

KITU staged a protest in Bengaluru demanding stricter enforcement against excessive working hours and unpaid overtime, and reforms to protect IT-sector employees.

Source: HR Katha ↗
21Feb 2026
Labour Rights

IT unions urge government to halt “illegal retrenchments” at TCS

KITU, the Association of IT Employees (AITE) in Kerala, and the Union of IT & ITES Employees (UNITE) in Tamil Nadu jointly called on the Union and state governments to intervene against what they described as mass illegal retrenchments.

Source: The News Minute ↗
20Feb 2026
Industry

Despite AI cuts, India’s IT workforce grows to about 59 lakh

Even amid layoffs, the overall Indian IT industry added employees to reach roughly 59 lakh, per Nasscom, with growth concentrated in AI, cloud, data and GCC roles — a reminder that reskilling remains the surest path forward.

Source: LayoffTrends — India ↗
10Feb 2026
Hiring

IT fresher hiring down about 80% from its FY22 peak

Fresher hiring in India’s IT sector fell from a peak of around 600,000 in FY22 to about 120,000 in FY25, underscoring the pressure on new entrants to the industry.

Source: Beincareer ↗
04Jan 2026
Labour Policy

Kerala opposes new labour codes; CM warns of risk to workers’ rights

Kerala’s Chief Minister warned that the Centre’s new labour codes will erode workers’ rights, and state trade unions passed a joint resolution opposing them — a stance with direct implications for IT-sector employees.

Source: Peoples Democracy ↗
28Oct 2025
Policy

Kerala targets a $50 billion IT economy and 5 lakh jobs by 2031

Kerala unveiled a digital vision aiming for $50 billion in IT value and over five lakh high-value jobs by 2031, with plans to nurture 20,000 startups and attract ₹20,000 crore in investment through new IT and GCC policies.

Source: Business Standard ↗

About this feed: IT, labour and Kerala news is curated from public news sources for members’ awareness and links to the original publishers. Headlines and summaries are provided in good faith — please refer to the linked source for full and current details.

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