layoffs
- Technology
Tech companies lay off 226,000 employees since January, 40% more than in 2022
New Delhi: Tech companies have laid off 226,000 employees so far this year around the world, almost 40 percent more than in 2022, a report showed on Tuesday. Although the tech industry…
- Technology
Cosmopolitan publisher Hearst lays off 41 ‘talented’ staffers across magazines
San Francisco: Hearst Magazines, which has publications like Cosmopolitan, Elle, Seventeen, Harper’s Bazaar and Men’s Health under its umbrella, has sacked 41 “talented” union staffers due to “company restructuring”. The employees impacted…
- Business
Microsoft slashes 1,000 jobs, mostly in sales, customer services: Report
San Francisco: Microsoft has reportedly reduced its workforce further by 1,000 over the past week, mostly in sales and customer services teams. According to a report in Insider, citing sources, the new…
- Business
Networking giant Cisco lays off employees across business units
New Delhi: Global networking giant Cisco has begun a round of layoffs affecting employees across business units, which are part of an earlier “rebalancing effort”. According to verified Cisco employees on anonymous…
- Business
Bitcoin crashes over reports of Binance laying off 1,000 employees
San Francisco: Bitcoin prices nosedived on Saturday after leading cryptocurrency exchange Binance reportedly laid off roughly 1,000 workers, and the layoffs could continue. Bitcoin slipped back nearly $30,000 per token after the…
- Technology
Microsoft lays off 276 employees in new job cut round
San Francisco: Microsoft has laid off 276 employees, mostly in customer service, support and sales teams, in a new job cut round. The fresh job cuts “go beyond the 10,000 global layoffs…
- Technology
Evernote lays off most of its employees, moves operations to Europe
San Francisco: Note-taking platform Evernote has laid off most of its employees and going forward, a team based in Europe will continue to assume ownership of the Evernote product. Italian parent company…
- Jobs
Over 2.12 lakh tech employees laid off in 2023 1st half, more than 27K in India
New Delhi: More than 2.12 lakh employees — from Big Tech firms to startups — lost their jobs in the global tech sector in the first half of 2023, as layoffs continue…
- Technology
Software firm New Relic lays off over 200 employees
San Francisco: US-based web analytics and software company New Relic has announced to lay off more than 200 employees as the company struggles to achieve profitability, the media reported. In a US…
- Technology
Google-owned navigation platform Waze lays off employees
San Francisco: Google is reportedly laying off employees from its navigation and mapping company Waze, as it aims to merge mapping products. The tech giant is moving Waze over to Google’s ads…
- Technology
Fintech company Payoneer to lay off 200 employees: Report
New Delhi: Fintech company Payoneer is laying off 200 employees, about 10 per cent of its workforce, four months after appointing a new CEO, the media reported. The company, which has a…
- Technology
Business software major Anaplan begins mass layoffs: Report
San Francisco: US-based business software giant Anaplan has reportedly started mass layoffs, affecting hundreds of employees. According to The New York Post, the total number of Anaplan layoffs “is believed to be…
- Technology
Automaker Ford gears up for fresh job cut round amid shift to EVs
San Francisco: US automaker Ford is preparing to cut more jobs as it directs more investments towards building electric vehicles (EVs). The fresh layoffs could be announced as soon as next week,…
- Technology
Short video app Chingari lays off 20% of workforce amid restructuring
New Delhi: Homegrown short-video making platform Chingari has laid off 20 percent of its workforce as part of organisational restructuring. In a statement to IANS, the company spokesperson said that it was…
- Technology
Audio tech firm Sonos lays off 7% of workforce
San Francisco: US-based high-tech speaker and audio technology company Sonos has announced to cut seven percent of its workforce or roughly 130 employees, amid challenging economic conditions. The company also said that…
