Walmart lays off 200 corporate employees amid rising inflation
The news of layoffs at Walmart came as after the company recently slashed its profit outlook due to inflation.
Aug 04, 2022, 15:10 PM IST
IBM lays off staff in Russia as it suspends operations, here’s what CEO Arvind Krishna told employees
IBM CEO Arvind Krishna has informed employees that the company is ending all operations in the country.
Jun 08, 2022, 16:31 PM IST
CEO shares list of employees laid off for cost cutting, draws fire on social media
Klarna Bank AB’s CEO Sebastian Siemitkowski drew criticism after he shared a contact list of former employees who were recently laid off by the firm.
Jun 01, 2022, 16:19 PM IST
Over 15,000 tech workers lost jobs in May globally; Worrying signs for IT employees?
Since March 2020 when the Covid-19 pandemic started, 1.25 lakh employees have been laid off by around 718 startups globally.
May 28, 2022, 11:03 AM IST
Pre-owned cars platform CARS24 lays off 600 employees in India
"This is business-as-usual performance-linked exits that happen every year," CARS24 said on the recent firings.
May 19, 2022, 18:10 PM IST
From Meesho to Unacademy, 6 startups that FIRED employees in 2022!
Check the list of startups that laid off employees in 2022:
Apr 15, 2022, 17:25 PM IST
Unacademy fires around 600 employees due to non-performance, redundancy: Report
Unacademy has laid off around 600 employees or around 10 per cent of the company's total workforce.
Apr 08, 2022, 19:04 PM IST
Better.com CEO defends decision of firing 900 staff on Zoom call, says THIS
Vishal Garg highlighted market efficiency, performance, and productivity as factors for the layoffs.
Dec 06, 2021, 19:41 PM IST
BookMyShow lays off 200 employees as COVID-19 chokes outdoor entertainment business
Ashish Hemrajani, CEO and Co-founder of Bigtree Entertainment Pvt Ltd, the parent company of BookMyShow, said in a tweet, "COVID-19 has taught me many lessons & I learnt another one today. As we let go of 200 of the most incredibility talented & performance-driven individuals, each & everyone has messaged, thanking me for the opportunity, the love for @bookmyshow and asking me if they could help me in any way possible."
Jun 11, 2021, 12:44 PM IST
Hyderabad techie turns vegetable seller after lay-off amid coronavirus lockdown, Sonu Sood offers job
A B.Tech in Computer Science, U Sharada did not lose heart after losing her job and started selling vegetables to support her family.
Jul 29, 2020, 17:17 PM IST
FITE petitions Labour Commissioner over Tech Mahindra layoff
FITE has requested the Maharashtra Labour Commissioner to order Tech Mahindra to stop illegal removals of IT employees immediately, and establish conciliation between the management and staff.
May 31, 2017, 13:12 PM IST
IT employees set to form union as layoffs loom large
A forum of IT workers is all set to get itself registered as the first union of techies in the country, amid reports of large scale layoffs by IT companies.
May 23, 2017, 20:20 PM IST
Twitter planning layoffs: Report
Twitter will lay off employees next week as freshly-returned chief Jack Dorsey pushes for a leaner operation focused on winning users, tech news website Re/code has reported.
Oct 10, 2015, 07:12 AM IST
JPMorgan Chase to cut 5,000 jobs: Sources
About $2 billion of that is to come from cost-cutting in retail banking, with the bank planning to close 300 of its 5,570 branches by the end of 2016.
May 29, 2015, 10:26 AM IST
Re-skilling, not layoffs, will address new challenges: Infosys
Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape.
Feb 15, 2015, 21:55 PM IST
World Bank cost-cutting finance chief declines bonus
The World Bank`s finance chief said he would decline the remainder of his bonus in a move that appeared aimed at quelling discontent among staff who thought it out of line given planned layoffs and budget cuts.
Oct 08, 2014, 13:20 PM IST
