McKinsey & Co. Announces Layoffs; To Cut Around 360 Jobs
The reductions are part of McKinsey’s strategy to align the size of certain capabilities.
Apr 12, 2024, 16:46 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
Citigroup Announces Plan To Trim 20,000 Jobs Over Next Two Years
By 2026, Citigroup's employee count is expected to be around 180,000, down from 240,000 in 2022.
Jan 13, 2024, 11:49 AM IST
Meta Latest Company To Join Lays Off Spree; Cuts 60 Jobs
Insider sources reveal that Meta has let go of employees in TPM roles throughout the current week, prompting those affected to make crucial decisions.
Jan 11, 2024, 18:42 PM IST
Amazon To Layoff Hundreds Of Employees In Prime Video, Studios Verticals
Amazon plans significant layoffs in Prime Video and MGM Studios in the U.S., aiming to refocus streaming investments.
Jan 11, 2024, 14:27 PM IST
Google Layoffs Spree Continues; Planning To Cut Hundreds Of Staff From This Division
The exact number of personnel that are being laid off is not disclosed yet. Google Assistant debuted in 2016 to compete with Amazon's Alexa and Apple's Siri.
Jan 11, 2024, 11:38 AM IST
Spotify To Layoff 1500 Employees, CEO Says 'Talented And Hard-Working People...'
Ek acknowledged the impact on individuals who have contributed significantly to the company, stating, "To be blunt, many smart, talented, and hard-working people will be departing us."
Dec 04, 2023, 16:43 PM IST
Online Math Learning Platform Cuemath Lays Off 100 More Staff: Report
In May, the company had laid off about 100 employees to improve efficiencies amid a worsening global landscape for K-12 edtech.
Aug 27, 2023, 07:17 AM IST
Snap-Owned GIF Hub Gfycat To Shut On September 1
Users only have two months to save content before the company discontinues the service forever.
Jul 06, 2023, 20:52 PM IST
Facebook Owner Meta Starts Final Round Of Layoffs
Meta in March became the first Big Tech company to announce a second round of mass layoffs, after showing more than 11,000 employees the door in the fall.
May 24, 2023, 18:43 PM IST
After 18000 Layoffs, Amazon Employees to Face Salary Cut by 50 per cent in 2023: Report
According to CEO Andy Jassy, the market is in a "funky situation," and Amazon has already made the difficult choice to fire 18,000 employees.
Feb 22, 2023, 20:03 PM IST
'People Not Losing Jobs in India...': MoS Rajeev Chandrasekhar Amid IT Layoffs
"Covid has increased the demand for IT professionals. 18 lakh jobs have been created in the IT sector in the last two years," Rajeev Chandrasekhar.
Feb 17, 2023, 15:13 PM IST
IT Layoffs 2023: Over 17,400 Tech Employees got Fired in Feb Globally to Date
Major companies which commenced layoffs this month include Yahoo, BYJU's, GoDaddy, GitHub, eBay, Autodesk, OLX Group, and others.
Feb 12, 2023, 18:23 PM IST
IT Layoffs 2023: Yahoo Latest Firm to Join Sacking Spree, Company to Fire 20% of Employees
According to Yahoo, the decision will allow the company to concentrate its efforts and financial resources on its demand-side platform, which is its primary ad business.
Feb 10, 2023, 09:59 AM IST
Google Layoffs 2023: Ali Neil was on Mental Health Leave, Receives Sacking Mail at 2 AM
When a Google engineer in the US was on mental health leave, Ali Neil received an email at 2 am that she was fired.
Feb 02, 2023, 11:57 AM IST
IT Layoffs 2023: Philips Latest Firm to Join Sacking Spree, Company to Fire 6000 Employees
The job cuts announced on Monday are in addition to those outlined in October.
Jan 30, 2023, 16:27 PM IST
Google Layoffs 2023: HR Fired From Company While Interviewing a New Candidate to Hire for Job Role
Even the recruiters at Google were unaware of the startling move because the firm has been so covert with its layoffs.
Jan 28, 2023, 16:52 PM IST
