layoffs
- Business
US adds 1.3 lakh jobs; past payroll figures cut sharply
Washington: US employers added a surprisingly strong 1,30,000 jobs last month, but government revisions cut 2024-2025 US payrolls by hundreds of thousands. The unemployment rate fell to 4.3 per cent, the Labour…
- World
Washington Post publisher Will Lewis steps down after mass layoffs
Washington: Washington Post publisher Will Lewis said Saturday that he’s stepping down, three days after the troubled newspaper said that it was laying off one-third of its staff. Lewis sent an email…
- News
Amazon cuts 16,000 jobs, to replace workers with generative AI
New York: Amazon is slashing about 16,000 jobs in the second round of mass layoffs for the e-commerce company in three months. The tech giant has said it plans to use generative…
- Top Stories
TCS, 9 others questioned by US officials over H-1B visa filings after layoffs of American staff
New Delhi: Tata Consultancy Services (TCS), Cognizant and eight other major corporations have been questioned by US Senators for filing thousands of H-1B skilled labour visa petitions after conducting “mass layoffs” of…
- Jobs
IT workers’ union condemn TCS decision to layoff 12,000 employees
In a strongly worded statement, the IT & ITES Democratic Employees Association (IIDEA) condemned Tech giant Tata Consultancy Services’s (TCS) decision to layoff over 1,200 employees, roughly 2 percent of its global…
- Technology
Ola Electric set to lay off 500 employees amid controversies, poor results
New Delhi: Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of an restructuring exercise. The Bhavish Aggarwal-led…
- Technology
Healthify cuts around 27% workforce in restructuring exercise
New Delhi: Homegrown health tech startup Healthify (formerly Healthifyme) has laid off around 27 per cent of its workforce, or about 150 employees, in a restructuring exercise, a media report said on…
- Business
Leading IT firms in India lost close to 70K employees in last fiscal year
New Delhi: Amid the muted revenue growth in the Indian IT services sector due to global macroeconomic headwinds, leading IT companies saw a drop of nearly 70,000 employees in the last fiscal…
- Business
Apple cancels self-driving EV project, to lay off workers: Report
San Francisco: Apple has reportedly shelved its autonomous electric car project permanently and is likely to lay off “hundreds of employees” from the division, the media reported on Wednesday. According to a…
- Business
Restaurant tech supplier Toast to cut 550 jobs in restructuring exercise
San Francisco: US-based restaurant management software company Toast has announced to lay off around 550 employees or about 10 per cent of its workforce in a restructuring exercise. The company announced the…
- Business
Cisco to let go over 4,000 workers in restructuring exercise
San Francisco: Global networking giant Cisco has announced that it plans to lay off 5 per cent of its global workforce, amounting to thousands of employees, as part of a restructuring exercise.…
- Business
Fashiontech startup Blissclub lays off nearly 18% workforce to cut costs: Report
New Delhi: Direct-to-consumer (D2C) startup Blissclub has laid off nearly 21 employees, or 18 per cent of its workforce, to cut costs. However, the number of impacted employees at the fashion apparel…
- News
Zoom lays off 150 employees, Okta slashes 400 jobs
New Delhi: Video communication platform Zoom is laying off nearly 150 employees, or less than 2 per cent of the company’s workforce. Zoom said the layoffs are not company-wide and it will…
- Business
Cybersecurity firm Proofpoint slashes 280 jobs globally
San Francisco: US-based cybersecurity company Proofpoint is laying off 280 employees, or around six per cent of its total workforce of 4,500. The job cuts will include around 20 employees in its…
- Business
Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off
San Francisco: Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees last year, will spend another $700 million on employee severance charges for…
