Layoff

Reddit Lays Off Nearly 90 Employees, Reduces Fresh Hiring

According to The Wall Street Journal, the layoffs will impact 5 per cent of the company's 2,000-strong workforce.

Jun 07, 2023, 10:13 AM IST

Amazon Hires Laid-Off Employee After 4 Months In Senior Role

Paige Cipriani has returned as the Product Marketing Manager, Social Marketing at Amazon in the US.

May 24, 2023, 08:16 AM IST

Oracle Lays Off Over 3,000 Employees From Health IT Arm Cerner: Report

Layoffs affected workers across teams, including marketing, engineering, accounting, legal, and product.

May 18, 2023, 12:47 PM IST

Money Transfer Service Zepz To Lay Off 420 Employees

Zepz and Sendwave are being used by more than 11 million users across 150 countries.

May 17, 2023, 10:49 AM IST

Salary Details Now Part Of Most Job Postings In India, Delhi Leads

Cities like Delhi (208 per cent), Mumbai (71 per cent), Bangalore (63 per cent) saw the highest increase in jobs that offered salary data to potential jobseekers.

May 16, 2023, 08:57 AM IST

Cred-Owned Happay Lays Off 35% Of Its Workforce

According to the report, Happay is giving impacted employees three months salary along with an extension of insurance coverage and some other additional benefits.

May 15, 2023, 11:47 AM IST

Disney+ Loses 4 Mn Subscribers As Fresh Layoff Round Approaches

The key reason behind the decline was Disney+Hotstar, which lost 8 per cent of its subscriber base -- from 57.5 million in Q1 2023 to 52.9 million in Q2.

May 11, 2023, 15:45 PM IST

As Apple Slows Down Pace Of Hiring, Tim Cook Says Mass Layoffs Are ‘Last Resort’

Apple did not hire the way other tech giants did during the pandemic and this is why the company is better positioned not to lay off employees.

May 08, 2023, 09:18 AM IST

Fresh Layoffs Begin At Meta Globally, Technical Employees Most Hit

Several Meta employees went to LinkedIn to post their ordeal, saying they have been asked to go.

Apr 20, 2023, 14:35 PM IST

Grocery Delivery App Milkrun To Wind Down Biz, Lays Off 400 Employees

According to reports, MilkRun co-founder Dany Milham told the staff that the company will wind down business on April 14.

Apr 13, 2023, 12:54 PM IST

Over 24,250 Indian Techies Lose Jobs At 84 Startups To Date

The list of startups sacking employees is only growing in the country.

Apr 10, 2023, 15:35 PM IST

Mcdonald's Temporarily Shuts US Offices, Plans Major Layoffs

In January, the company said it planned to make "difficult" decisions about changes to its corporate staffing levels by April.

Apr 03, 2023, 14:28 PM IST

Meta Layoff: Company Plans To Further Cut Jobs That Could Match Last Year's Size

Meta cut roughly 11,000 jobs, or about 13 per cent of its employees, last year. The reductions this year are expected to reach the same proportion of those who remain, the people said, though the final count of the cumulative cuts expected over the second quarter isn`t yet clear.

Mar 12, 2023, 08:01 AM IST

Meta Plans Fresh Round Of Layoff In Coming Weeks: Report

Meta had laid off over 11,000 employees across the world, which accounted for 13% staff globally. The decision followed the slump in revenue growth and faltering of its shares.

Mar 07, 2023, 11:17 AM IST

Telecom Equipment Maker Ericsson Plans To Lay Off 8,500 Employees Globally: Report

The company said in December it would cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets, including North America.Ericsson to lay off 8,500 employees 

Feb 24, 2023, 20:15 PM IST

Byju's to Shut Coding Platform Whitehat Jr, Company Says 'merely Optimising' It

WhiteHat Jr, which at its peak had more than 8,000 employees across the country, now has some hundreds of roles left as it never picked up pace and brought revenues for the company.

Feb 23, 2023, 15:50 PM IST

Wipro Offering Freshers Lower Pay --Check How Much Company Wants to Pay

Candidates who come within the bracket of Rs 6.5 lakh per annum, waiting to be on-boarded, received an email from the management of Wipro on February 16, asking them whether they would work for lesser pay.

Feb 21, 2023, 08:22 AM IST

Tcs Not Considering Layoffs, Hiring Impacted Employees from Startups

The comments have come amid IT companies, including big tech giants, the world over laying off people due to a slew of reasons.

Feb 20, 2023, 11:20 AM IST

'Aiyyo!', Says PM Modi After Meeting Insta Influencer Behind Viral Layoff Video

Shraddha Jain, better known as 'Aiyyo Shraddha', played the role of a techie fired from the job in a viral Instagram reel which has been seen by more than two million users.

Feb 14, 2023, 08:30 AM IST

Over 17,400 Tech Employees Got Fired in Feb Globally to Date

In 2023 so far, around 340 companies have laid off more than 1.10 lakh employees worldwide, and there appears to be no respite from job cuts.

Feb 13, 2023, 10:07 AM IST