Innodata Reportedly Cuts 550 India Jobs; Letter Cites Ramp-Down

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US-based AI and data engineering company Innodata has reportedly laid off nearly 550 employees in India on October 26, 2026, with additional workforce reductions reported in the Philippines.

As per reports, several affected employees lost access to their company laptops, official IDs and internal systems during the working day, before receiving termination emails at their personal email addresses.

The reported communication cited a reduction in business assignments rather than individual performance as the reason for the terminations.

The development comes despite Innodata reporting 58% year-on-year revenue growth in its second quarter, raising serious concern about workforce stability in an industry heavily dependent on large technology clients and project-based contracts.

Innodata has not publicly confirmed the reported number of layoffs or identified the assignments involved.

Employees Report Sudden Lockouts

October 26 reportedly began as a routine working day for employees at Innodata's India operations.

Workers logged into their systems and marked...

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