Google's parent company Alphabet 'prepares' to lay off 10,000 employees
Under the new system, managers have been asked to categorise 6 per cent of employees, or roughly 10,000 people, as low performers in terms of their impact for the business.
Nov 22, 2022, 15:12 PM IST
Amazon laying off hundreds of employees in India? Here's all you want to know
Nearly 1 lakh people are employed by Amazon, while the job cut is more likely to happen across engineering and other departments, said media reports.
Nov 16, 2022, 13:15 PM IST
TCS to create 1,200 new jobs in US amid layoff season
The Indian company will create these jobs in the state of Illinois, along with accelerating its STEM outreach efforts in local schools to cover 25 per cent more students and teachers.
Nov 11, 2022, 14:46 PM IST
Indian techie laid off within 2-3 days of joining Meta, had relocated to Canada from India a week back
An IT professional Neelima Agarwal, who joined Meta two days back posted on social media platfrom Linkedin, that she is among the people who have lost their jobs.
Nov 11, 2022, 08:19 AM IST
Massive job cut: Mark Zuckerberg-led Meta plans to FIRE thousands of employees this week: Report
The "large-scale" job cuts, to begin from Wednesday, could affect "thousands" of workers, according to a report from The Wall Street Journal.
Nov 07, 2022, 10:37 AM IST
Brainly fires nearly all employees from India team as not able to maintain some of roles
Poland-based edtech platform Brainly claims to have a user base of more than 5.5 crore Indian students, parents and teachers who rely on the platform to accelerate learning through its doubt clearance classes.
Nov 07, 2022, 08:11 AM IST
Digital payments firm Stripe lays off 14% of workforce
The payment processor cited "stubborn inflation, energy shocks, higher interest rates, reduced investment budgets, and sparser startup funding" as reasons for its decision.
Nov 04, 2022, 10:17 AM IST
Softbank-backed health unicorn Cerebral laying off 400 people
A memo from its CEO, David Mou said the cuts would affect employees across the company, including at headquarters and among clinical care staff and support workers.
Oct 25, 2022, 11:48 AM IST
Philips to cut 4,000 jobs as company faces multiple challenges: CEO
The company reported a net loss of 1.33 billion euros ($1.31 billion) compared with a year-ago profit of 2.97 billion euros.
Oct 24, 2022, 16:31 PM IST
Modi govt’s BUMPER employment drive! Rozgar Mela launching on October 22, 10 lakh people to be recruited --Check details
The PMO said this will be a significant step forward towards fulfilling the continuous commitment of the prime minister to providing job opportunities for the youth and ensuring welfare of citizens.
Oct 20, 2022, 14:42 PM IST
Good news for salaried people! Indian workforce to get average salary hike of over 10% in 2023
Moreover, the attrition rate for the first half of 2022 continued to be high at 20.3 per cent, only marginally lower than the 21 per cent recorded in 2021, thus retaining the pressure on salaries.
Sep 27, 2022, 09:43 AM IST
Better.com gears up for 4th round of Layoff after already firing nearly 4,000 employees
A leaked report on Tuesday (August 23) had hinted that Better.com could be firing 250 employees on Friday, though it was not clear as to which department and which employees would be sacked in the latest round of firing.
Aug 26, 2022, 16:48 PM IST
50% of companies planning job cuts amid economic downturn: Report
According to the latest PwC 'Pulse: Managing business risks in 2022' survey in the US, 50 per cent of respondents are reducing their overall headcount, even as business leaders remain concerned about hiring and retaining talent.
Aug 19, 2022, 14:02 PM IST
Chinese conglomerate Tencent fires 5.5K workers 1st time since going public, here is why
China's largest video gaming and social media company trimmed nearly 5,500 employees from its payroll in the second quarter amid a slowing economy, reports South China Morning Post.
Google to layoff employees? Company warns workers 'There will be blood on streets'
Google CEO Sundar Pichai recently stated that the company has too many employees but not enough work. He also advised employees to work more efficiently and to concentrate on how to improve their products and assist customers. According to a Business Insider report, Google is now warning employees about layoffs.
Aug 15, 2022, 18:21 PM IST
Google extends hiring freeze, Sundar Pichai presses on productivity
Google has already stated that it will slow its hiring for the remaining year, but it will continue to hire for "critical roles."
Aug 13, 2022, 08:00 AM IST
Microsoft lays off 200 employees from R&D Projects, asks them to find jobs in 60 days
Google, Meta, Oracle, Twitter, Nvidia, Snap, Uber, Spotify, Intel, and Salesforce are a few other tech companies that have reduced hiring or laid off workers.
Aug 12, 2022, 18:50 PM IST
Employee fired for 20 minutes delay in reaching office, netizens slam employer
They collectively decided that they will arrive late to work until the management relented.
Aug 05, 2022, 14:08 PM IST
Companies expanding their presence in tier 2 and 3 cities; keen to hire talent from these regions
Various firms are eyeing a robust pan India presence and are keen on expanding their footprints in tier 2 and 3 cities including Jaipur, Hyderabad, Coimbatore, Indore, Kochi, etc. just to name a few.
Jun 07, 2022, 17:40 PM IST
THIS company paying over Rs 77 lakh to employees for quitting job, but there's a catch
As per a report in the Inc. magazine, the founders of management software company Lattice has actually started a fund of $100,000 (approximately Rs 77,66,855) to employees who quit their jobs to start their own businesses within a year. However, this funding comes with a condition.
Jun 06, 2022, 10:00 AM IST
