layoffs
- 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…
- News
Jack Dorsey’s fintech firm Block lays off nearly 1,000 employees
San Francisco: Jack Dorsey’s financial services company Block is laying off close to 1,000 employees, which will affect staff in the Cash App, Afterpay and Square subsidiaries of the company. About 1,000…
- Business
Salesforce joins big tech layoffs, to cut 700 jobs: Report
New Delhi: Enterprise software major Salesforce has become the latest tech company to make job cuts, according to a media report on Friday. The company is laying off around 700 employees, said…
- Business
Fintech firm Brex cuts 20% of jobs in restructuring exercise
San Francisco: US-based fintech company Brex has laid off about 20 per cent of its workforce, or 282 employees, in a restructuring exercise. “Today we’re restructuring Brex to become a high-velocity company.…
- Business
YouTube laying off 100 employees from creator management teams: report
San Francisco: Google-owned YouTube is reportedly laying off at least 100 employees from its creator management and operations teams. YouTube Chief Business Officer Mary Ellen Coe announced the layoffs internally, reports Tubefilter.…
- Technology
Over 7500 IT employees laid off worldwide in 2024’s first 2 weeks
New Delhi: In just two weeks into the New Year, at least 46 IT and tech companies (including startups) have laid off more than 7,500 employees and the number is growing by…
- Technology
‘End of an era’: Google employee who got laid off after 19 yrs of service
New Delhi: A Google software engineer, who has been with the company for nearly two decades, has been laid off as part of the latest round of job cuts. Earlier this week,…
- Business
Meta lays off technical programme managers at Instagram
New Delhi: Meta has started the New Year with laying off some technical programme managers (TPMs) at Instagram and reports said that at least 60 such jobs are either being consolidated or…
- Technology
Over 9K employees fired by video gaming firms in 2023
San Francisco: The video game industry saw several rounds of layoffs in 2023, affecting at least 9,000 employees globally. In September, Fortnite game developer Epic Games announced to lay off 16 per…
- Business
US clean tech unicorn Palmetto lays off employees in multiple job cuts
San Francisco: US-based clean-tech unicorn Palmetto has reportedly done multiple rounds of layoffs amid the market slowdown. Some of the jobs eliminated include operations strategy managers, coordinators and warehouse managers, according to…
- Technology
Paytm lays off employees as it implements AI-powered automation
New Delhi: Fintech leader Paytm has laid off several hundred employees from its operations, sales and engineering team, according to reports. A company spokesperson did not divulge the number of people affected,…
- Jobs
Over 35K lose jobs at Indian startups, job cuts to continue in 2024
New Delhi: More than 35,000 people have lost jobs at Indian startups in the last two years, and job cuts will likely continue unabated as we enter 2024. In 2022, more than…
- Technology
Not the right way to do it: Pichai on laying off 12K Google workers
San Francisco: After almost a year when Google announced the decision to cut 12,000 jobs, Alphabet and Google CEO Sundar Pichai has said that the decision to inform employees affected by the…
