Richard Brandson's Rocket Company Virgin Orbit To Lay Off 675 Employees, Or 85% Workforce
Virgin Orbit is a private rocket company that provides launch services for small satellites. It was a brainchild of Richard Brandson founded in 2017. It comes under Virgin Group.
Mar 31, 2023, 14:33 PM IST
BYJU's Fires 1000 Employees, or 15% Staff Today: Report
Edtech Unicorn BYJU's has laid off 1000 employees, or 15% of staff on Thursday (February 2) acorss the division from every tech team.
Feb 02, 2023, 18:13 PM IST
Dutch Tech Giant Philips to Cut 6000 Jobs, 13% Workforce Globally After Falling Profits
Dutch tech giant Philips has annonced its plans to cut almost 6000 jobs, or 13% workforce worldwide in order to make the company profitable again.
Jan 31, 2023, 12:30 PM IST
Software Giant SAP Announces to Cut 3000 Jobs, 2.5% of its Global Workforce in Coming Days
SAP SE is a European multinational software company based in Walldorf, Baden-Württemberg, Germany. It develops enterprise software to manage business operations and customer relations.
Jan 26, 2023, 15:38 PM IST
‘Not Knowing the reason hit hard…’: Software Engineer Pens Down a Heart-Wrenching Post After Being Laid off by Spotify in Latest Lay offs
Joining the other tech companies like Google, Microsoft, music-streaming giant Spotify has announced to trim off 6% of its staff amid fear of probable recession.
Jan 26, 2023, 12:54 PM IST
IBM to Lay Off 3,900 Employees; Bets Big on Hybrid Cloud, AI
US-based IBM has announced to lay off 3,900 employees, including in IT Infrastructure services and part of AI Unit called 'Watson Health'. IBM joins a slew of tech companies such as Meta, Alphabet, Microsoft and others in laying off thousands of employees amid the global economic headwinds.
Jan 26, 2023, 11:06 AM IST
Every One in Four Indians Surveyed Concerned About Threat of Job Layoff: Survey
Over 58,000 employees with 190 companies have lost thier jobs in the first 25 days of Jaunary, marking a stressful start of 2023.
Jan 25, 2023, 16:57 PM IST
Spotify latest tech name to cut jobs, axes 6% of workforce
Big tech companies like Amazon, Microsoft, and Google announced tens of thousands of job cuts this month as the economic boom that the industry rode during the COVID-19 pandemic waned.
Jan 23, 2023, 21:27 PM IST
'Why me? Why now?': 8 months pregnant IT employee pens down heart-rending post after being fired from Google
Katherine Wong, a project manager at Google, claimed she was let go just before starting maternity leave. She emphasised that she had received an "excellent performance review," indicating that the layoffs were not based on performance.
Jan 23, 2023, 18:33 PM IST
'The companies come and go; The people are what really matter': Laid off Google employee's inspiring post goes viral
Ex-Google employee Scott Laird was laid off by Google on Friday after working there for 17 years. Instead of getting low and unmotivated after a long stint, he wrote a beautiful and inspiring post in which he mentioned to offer help to anyone who wants in resume reviewing and swapping interveiw, etc.
Jan 22, 2023, 16:48 PM IST
'Got laid off for the 3rd time in 4 months': IT employee writes heart-rending post after being fired from Google
Even those who are hired again after being fired are not protected because they still run the risk of losing their jobs in the future. In the previous four months, so and so, an IT professional was fired from three different companies.
Jan 22, 2023, 16:21 PM IST
IT layoffs 2023: Around 3000 employees are being fired every day in January by tech giants
The massive tech layoffs of 2022 are still going on in the new year, and Indian startups and enterprises are also among the top employers of layoffs.
Jan 22, 2023, 14:41 PM IST
Microsoft was my first job after college: Indian-origin worker FIRED from company after working 21 years, pens down heart-rending note
As I reflect on it today, I feel a sense of gratitude more than anything else. Microsoft was my first job after college, and I still remember coming over to a foreign land all nervous and excited, wondering what life has in store for me".
Jan 20, 2023, 14:07 PM IST
I'm on visa, have limited time: Sacked Indian-origin Microsoft worker
"I am on a visa and have limited time to find a new position," she added. The Indian-origin worker is looking for new opportunities in the domain of Data Science and ML Engineering to align her career, visa status, and family responsibilities.
Jan 19, 2023, 13:37 PM IST
Cybersecurity firm Sophos to lay off 450 employees globally, including in India
The cybersecurity company said that an increasing focus on services such as "managed detection and response (MDR)" was part of the reason for job cuts.
Jan 19, 2023, 13:22 PM IST
Amazon begins new round of layoffs, 18K jobs to go
Amazon started its first round of layoffs last November. At the time, there were reports that around 10,000 people would be affected, including members of its hardware and services, human resources, and retail teams.
Jan 19, 2023, 13:09 PM IST
THIS Indian company is the latest to join layoffs wave; cuts 70 percent workforce
The move comes as GoMechanic, has been unable to secure money for more than a year despite having reached advanced stages of discussions with a number of investors due to worries over major inaccuracies in financial reporting.
Jan 18, 2023, 14:04 PM IST
Microsoft joins layoffs spree; Company plan to FIRE THOUSANDS of employees-- Read details inside
"From a large picture viewpoint, another looming round of layoffs at Microsoft implies the situation is not improving, and probably continuing to worsen," Morningstar analyst Dan Romanoff commented.
Jan 18, 2023, 12:41 PM IST
Employees were called at 7:30 am in pretext of meeting and then fired, THIS way BIG investment firm lays off its staff
Those sacked were given the choice to leave the office immediately or wait for colleagues to arrive so they could say goodbye. A Goldman Sachs spokesperson said that "this is a difficult time for people leaving the firm".
Jan 17, 2023, 18:58 PM IST
HUGE Layoffs: THIS company to fire employees soon; Read details here
The global telecommunications company, which employs some 104,000 people worldwide, intends to let go of hundreds of staff members, mostly from its London headquarters.
Jan 15, 2023, 17:41 PM IST
