Snap-Owned GIF Hub Gfycat To Shut On September 1
Users only have two months to save content before the company discontinues the service forever.
Jul 06, 2023, 20:52 PM IST
Over 2.12 Lakh Tech Employees Laid Off In 2023 1st Half, More Than 27K In India
In comparison, 1,046 tech companies laid off more than 1.61 lakh employees in 2022. In total, about 3.8 lakh tech employees have lost their jobs in 2022 and till June this year.
Jul 01, 2023, 15:34 PM IST
George Soros’ Foundation Lays Off 40% Of Workforce
It said the foundation would undergo “significant changes” to its operating model.
Jul 01, 2023, 14:52 PM IST
Business Software Major Anaplan Begins Mass Layoffs: Report
At least 119 employees were laid off at the company's San Francisco headquarters. According to the report, layoffs affected at least 300 employees overall.
Jun 24, 2023, 12:08 PM IST
Spotify Lays Off 200 Employees In Podcast Division
As part of the next phase, the company will combine Parcast and Gimlet into a renewed Spotify Studios operation that will continue to produce a wide range of original shows.
Jun 05, 2023, 23:27 PM IST
Rolls-Royce Set To Slash 3K Jobs To Streamline Business: Report
According to The Times, the new CEO Tufan Erginbilgic, who described the company as a "burning platform" that needs to reform to survive, has roped in consultants led by McKinsey to guide on how to streamline the company.
May 29, 2023, 12:28 PM IST
Facebook Owner Meta Starts Final Round Of Layoffs
Meta in March became the first Big Tech company to announce a second round of mass layoffs, after showing more than 11,000 employees the door in the fall.
May 24, 2023, 18:43 PM IST
Meta May Fire 6K Workers In Its 3rd Round Of Job Cuts Next Week: Report
The exact number has not been confirmed, but it is expected that the company will lay off approximately 6,000 employees in this round.
May 19, 2023, 16:23 PM IST
On 55,000 Job Cut, BT Group CEO Says Plan Not Concocted In 36 Hours
The company is aiming to enable growth by transferring productivity and customer outcomes through digitising, automating, and reskilling its workforce.
May 19, 2023, 12:31 PM IST
Meta Fired 30-Week Pregnant Employee; Check What Happened Next
According to her LinkedIn page, Marnie Thao Nguyen had been employed by Meta since 2021 and was let go in 2023.
Apr 25, 2023, 18:21 PM IST
Cognizant CEO Brian Humphries Fired: Check List Of 10 CEOs Of IT Giants Who Were Laid Off
Apr 25, 2023, 14:57 PM IST
News Outlet Insider To Lay Off 10% Of Its Workforce
"Unfortunately to keep our company healthy and competitive, we need to reduce the size of our team. We have tried hard to avoid taking this step, and we are sorry about the impact it will have on many of you," said Insider.
Apr 21, 2023, 16:24 PM IST
Amazon, Google CEOs 'Hint' At More Layoffs Amid Economic Meltdown
Pichai said that the company is "literally looking at every aspect of what we do" in an effort to re-engineer its cost base permanently.
Apr 15, 2023, 15:46 PM IST
Cloud Computing Firm Rackspace To Lay Off 4% Of Workforce
However, it is not confirmed how many employees would be let go from the company's San Antonio headquarters.
Mar 28, 2023, 17:35 PM IST
Microsoft Layoffs 559 Employees As Seattle-Area Job Cuts Top 2,700
The company in February announced a prior round of layoffs in which 617 employees in Redmond, Bellevue, and Issaquah were also let go.
Mar 28, 2023, 12:36 PM IST
Meta Layoffs 2023: Indian Techie Fired From Job Within Three Days Of Joining
The former Meta employee has returned to India and joined PhonePe as a software engineer, according to his LinkedIn profile.
Mar 24, 2023, 16:00 PM IST
IT Layoffs 2023: Sacking Spree Deepens Tech Gloom As 503 Firms Fire 1.5 Lakh Employees Till Date
In January alone, close to 1 lakh tech employees lost jobs globally, dominated by companies like Amazon, Microsoft, Google, Salesforce, and others.
Mar 21, 2023, 14:23 PM IST
Wipro Lays Off 120 Employees In US Due To 'Realignment Of Business Needs'
"More than 100 of the impacted employees are processing agents. The rest are team leaders and a team manager," the report mentioned. In a statement, Wipro said this is an isolated incident.
Mar 18, 2023, 18:00 PM IST
Meta Layoffs 2023: 'I'm Not Giving Up': Sacked Indian-origin Meta Worker
Susmita Sahu, who worked in a Talent Accelerator Recruiting Team in Singapore, wrote in her LinkedIn post: "While I'm still processing what happened and I'm in true loss of the right words, I'm grateful for having an opportunity to work with some AMAZING people out there."
Mar 16, 2023, 08:55 AM IST
Meta Layoffs 2023: Facebook Parent Company Slashes Another 10,000 Jobs
This will be tough and there's no way around that, said CEO Mark Zuckerberg. It will mean saying goodbye to talented and passionate colleagues who have been part of our success.
Mar 14, 2023, 19:32 PM IST
