Layoff

Amid Layoff Season, THIS Firm to Create 30,000 New Jobs in India

The company currently has a workforce of over 50,000 people in the country.

 

Feb 07, 2023, 09:38 AM IST

Pinterest Lays Off About 150 Employees Amid Cost-Cutting Measures

Digital payments company PayPal also announced that it is laying off 2,000 full-time employees, or about 7 per cent of its global workforce, to address the "challenging macroeconomic environment.

Feb 03, 2023, 18:28 PM IST

Get Prepared for Deeper Layoffs in 2023, Predict Business Economists

With more Big Tech companies like Microsoft and Google joining the ongoing layoff season, about 3,000 tech employees are now being laid off per day on average in January globally, including in India.

Jan 25, 2023, 07:53 AM IST

Swiggy lays off its 380 employees after town hall meeting, says 'extremely difficult decision'

Swiggy CEO said the company is committed to exploring new business opportunities but has also taken harder look at some of its existing new verticals.

Jan 20, 2023, 13:33 PM IST

Indian startup ShareChat lays off its 20% employees amid pressure from investors for cost cutting

Valued at $5 billion, Bengaluru-based ShareChat has more than 2,200 employees and is spreading its team globally across India, the United States and Europe, according to its website.

Jan 16, 2023, 16:02 PM IST

This CEO of $4.5 bn digital company disgusted at tech layoffs

Wefox is a Germany-based firm that connects users seeking insurance with brokers and partner insurers via an online platform.

Nov 26, 2022, 20:41 PM IST

Koo is planning to hire some sacked Twitter employees, informs Co-founder

 Elon Musk had given an ultimatum to remaining employees to be part of Twitter 2.0 where hard work and self devotion demanded or quit the company by Thursday night. The fresh exit after the massive layoff has left the company in shambles.

Nov 19, 2022, 16:36 PM IST

From Meta to Twitter, Here's the list of TECH companies that announced layoff in 2022 -- In PICS

Expert anticipate mild recession next year. Keeping themeselves ready for it, several tech companies globally have announced lay off in the past few months, making it one of the worst years in the industry. Meta recently laid off 11,000 employees while Twitter cut almost 50% staff this month. However, they are not alone. Several tech companies have taken the same measure to lower their cost and turn themselves profitable in coming months. Here's the list of big tech companies that laid off their employees and what is the percentage of it.

Nov 12, 2022, 18:25 PM IST

B2B unicorn Udaan fires around 350 employees on account of role redundancies

As a responsible organisation, we are working towards providing all requisite support to the impacted employees, said Udaan.

Nov 04, 2022, 21:29 PM 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

Elon Musk hints layoffs at Twitter in future

The question of layoffs has been top of mind for Twitter’s more than 7,000 employees since Musk first said he wanted to buy the company.

Jun 17, 2022, 12:42 PM IST

Vishal Garg-led Better.com fires 3,000 workers including pregnant women, expecting parents

The company apparently forgot to change the date on its accompanying Workday app and employees reportedly saw severance cheques appearing in the app at 12 a.m. on March 8 (US time).

Mar 10, 2022, 09:37 AM IST

Vishal Garg-run Better.com to 'lay off' 4,000 people this week

Better.com has employees around the world, including in the US and India.

Mar 09, 2022, 09:53 AM IST

Better.com CEO who fired 900 staffers over Zoom call back at work, but employees reportedly unhappy

According to an internal memo seen by TechCrunch, the board of directors at Better.com said it was "moving forward with strong, dynamic CEO leadership."

Jan 19, 2022, 12:42 PM IST

Microsoft, Robinhood and other companies willing to recruit 900 employees fired by Better.com CEO on Zoom call

Earlier this week, employees of Better.com, a homeownership company in the US, got the rudest shock of their lives when the company's CEO Vishal Garg made lay off announcements over a Zoom Call.

Dec 10, 2021, 16:55 PM IST

Layoff SHOCKER! 900 employees of THIS company fired by CEO over Zoom call --Watch viral video

The video recording of the Zoom call has gone viral since. Check out the shocking announcement here.

Dec 06, 2021, 14:52 PM IST

Layoffs: Karnataka govt keen on policy to address issues in IT firms

The Karnataka government is keen on coming out with a policy addressing various issues in the Information Technology sector including "forced resignation" adopted by the firms, but not before listening to the problems faced by IT industry leaders and employees, state IT Minister Priyank Kharge said on Tuesday.

Jun 13, 2017, 12:00 PM IST

Qualcomm preparing to layoff as many as several thousand employees: Tech website

Qualcomm Inc is preparing to layoff as many as several thousand employees, tech website The Information reported on Monday.

Jul 21, 2015, 03:32 AM IST