Microsoft Layoffs: Company Announces Third Round Of Job Cuts Spanning Multiple Teams And Regions
These layoffs came shortly after Microsoft's fiscal year 2024 ended on June 30.
Jul 05, 2024, 18:58 PM IST
Fintech Company Simpl Laid Off Around 160 Employees Across Multiple Departments
Simpl stated to the publication that the layoffs were a strategic step to enhance operational efficiency and work toward profitability.
May 09, 2024, 13:36 PM IST
EXL Layoffs: US-Based IT Company Cuts 800 Employees In India And United States
The job cuts will primarily impact junior level employees working in data analytics and digital operations across the United States and India.
Apr 06, 2024, 15:48 PM IST
Air India Laysoffs Over 180 Non-Flying Staff Jobs Due To VRS
Employees in non-flying positions are being assigned new roles based on the company's requirements and their own skills.
Mar 17, 2024, 14:04 PM IST
Nike Is Latest To Join Layoffs Spree, To Slash Over 1,600 Jobs
As of May 31, 2023, Nike employed approximately 83,700 workers globally.
Feb 16, 2024, 15:48 PM IST
US-Based Grocery Delivery Company Instacart To Lay Off 250 Workers In Restructuring Exercise
Instacart's COO Asha Sharma also informed the company to resign from her position, effective March 1, 2024. The company does not plan to hire or appoint a new COO at this time.
Feb 15, 2024, 11:00 AM IST
SpiceJet Plans To Lay Off 1,400 Employees In Cost-Saving Measure; Details Here
SpiceJet, currently operating roughly 30 aircraft including eight on wet leases from foreign carriers has faced delays in salary disbursements over several months.
Feb 12, 2024, 15:04 PM IST
Cisco Likely To Slash Thousands Of Jobs Next Week: Report
Cisco last year issued layoff notices to nearly 4,000 employees, as the company rolled out efforts to “rebalance” and cut costs.
Feb 11, 2024, 15:36 PM IST
Indian Startups Raised $732 Mn Across 107 Deals In January 2024 Amid Layoffs
This marked a significant decrease in total startup funding compared to the previous month, dropping from $1.7 billion in December 2023, reportedly.
Feb 04, 2024, 17:37 PM IST
Payments Firm PayPal To Reduce Global Workforce By 9% In 2024
"We are doing this to right-size our business, allowing us to move with the speed needed to deliver for our customers and drive profitable growth," Chriss wrote in the letter.
Feb 01, 2024, 14:02 PM IST
iRobot To Fire 350 Employees As Deal With Amazon Is Killed
Following the announcement of the deal termination, iRobot's shares experienced a 10 per cent decline.
Jan 31, 2024, 10:03 AM IST
Layoffs Might Get Worse This Year, 98% Surge in US Layoffs Last Year Reports Claim
The report said, around 168,032 employees were laid off in 2023 with 73% increase from the last year.
Jan 23, 2024, 13:46 PM IST
YouTube Trims Workforce, Lets Go Of 100 Employees In Latest Layoff Season
The goal is to enhance scalability for international growth and address the platform's slowdown in ad revenue.
Jan 18, 2024, 19:13 PM IST
'We Have To Make Tough Choices': Google CEO Sundar Pichai Hints More Layoffs In Coming Time
This time Google CEO Sundar Pichai warned employees in a recent memo that the company will continue cutting jobs this year to prioritize investments in artificial intelligence (AI).
Jan 18, 2024, 13:07 PM IST
Apple's Siri Team Faces Changes, Sparks Job Concerns
As per the reports, the team, currently based in San Diego, is facing a relocation request to Austin, Texas. Apple wants the San Diego squad to merge with its Texas counterpart.
Jan 14, 2024, 14:02 PM IST
Entire Workforce Laid Off By THIS Startup; CEO Message Unveiled In 2 Minute Google Meet Call
Frontdesk CEO Jesse DePinto reportedly fired all employees in a brief two-minute Google Meet call.
Jan 07, 2024, 16:37 PM IST
Third Wave Coffee Lays Off 120 Employees
One employee, who spoke to Moneycontrol on condition of anonymity, said that the layoffs were conducted randomly, with no written communication provided to affected employees.
Dec 15, 2023, 13:44 PM IST
Gaming Company Unity Likely To Layoff Employees To Cut Costs
In September, Unity announced a new pricing model that was met with backlash from developers. In October, Unity CEO John Riccitiello announced his retirement and the company amended its pricing model after outcry from the gaming community.
Nov 10, 2023, 14:59 PM IST
Indian EdTech Byju's To Slash 5,000 Jobs Amid Business Restructuring: Report
The job cuts are being implemented only at Byju's parent, Think & Learn (THIK.NS), and are not linked to any of its subsidiaries, the report said, adding that a significant number of roles to be made redundant would constitute senior positions at the firm.
Sep 27, 2023, 12:59 PM IST
