layoffs
- Technology
TikTok parent ByteDance begins mass layoffs in gaming division
San Francisco: Bytedance, TikTok parent company, has started mass layoffs in its gaming division, and several Nuverse employees were awaiting their future, the media reported. According to TechCrunch, after two years of…
- Technology
Amazon lays off employees in India amid global churning in Alexa division
New Delhi: Amazon has announced to lay off “several hundred employees” from its Alexa division, including in India, amid a renewed focus on artificial intelligence (AI). The number of employees being impacted…
- Business
Employers budget less for pay raises, plan fewer promotions in 2024: Report
San Francisco: While layoffs in the global tech industry continue unabated, employers in the US are planning to budget less for salary raises next year, according to a new report. According to…
- Technology
Dunzo co-founder Dalvir Suri moves on amid mounting challenges
New Delhi: Homegrown quick-grocery delivery provider Dunzo’s co-founder Dalvir Suri has quit, as the company faces severe cash crunch amid delayed salaries and impending layoffs. Dunzo CEO Kabeer Biswas said that Suri…
- Business
Online math learning platform Cuemath lays off 100 more staff: Report
New Delhi: Online math learning platform Cuemath has laid off 100 more employees amid a challenging macroeconomic environment for edtech companies, the media reported on Saturday. Peak XV Partners (formerly Sequoia Capital…
- Business
Intel makes fresh job cuts, at least 140 laid off in US
San Francisco: Chip-maker Intel is laying off at least 140 more employees in the US to reduce costs — 89 employees at its Folsom R&D campus and 51 in San Jose, California.…
- 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…
