layoffs
- Business
Rapid continues downsizing efforts, lays off additional 70 workers
San Francisco: The US-based startup Rapid (previously known as RapidAPI), which built out an API (Application Programming Interface) marketplace, has laid off another 70 employees less than two weeks after letting go…
- Technology
Amazon shuts down health-focused Halo division, lays off employees
New Delhi: Amazon has shuttered its health-focused Halo division and discontinued Halo Band, Halo View, and Halo Rise devices which are no longer available on its website. The company has also laid…
- Business
Sundar Pichai took home $226 mn in 2022 amid layoffs at Google
San Francisco: Amid job cuts at Google’s parent company Alphabet, its CEO Sundar Pichai took home a whopping compensation of nearly $226 million in 2022. According to the tech giant’s filing with…
- Technology
Twitter rival Koo lets go 30% of staff over course of the year amid global slowdown
New Delhi: Homegrown Twitter rival Koo on Thursday said that it has let go 30 per cent of its workforce over the course of the year amid the current global meltdown. The…
- World
Amazon, Google CEOs ‘hint’ at more layoffs amid economic meltdown
New Delhi: As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate business. In a letter to company shareholders, Amazon…
- India
Google to cut free snacks, workout classes for employees: Report
New Delhi: Amid layoffs over recession fears, tech giant Google is also creating several cost-cutting measures such as cutting down on free snacks and workout classes for its existing employees, the media…
- Business
Tech layoffs, economic slowdown hamper office space demand in India
New Delhi: Global economic slowdown, tech layoffs and hybrid work have impacted gross leasing of office space in India, as flexible office space providers share reached almost at par with traditional tech…
- Jobs
Over 23K techies lose jobs in nearly 82 Indian startups to date
New Delhi: As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off by at least 82 startups in India, and the list is only growing, the…
- Technology
‘I’m not giving up’: Sacked Indian-origin Meta worker
New Delhi: Among the 11,000 employees which Meta laid off last year in November is an Indian-origin worker who also lost her job, has shared her ordeal on LinkedIn, saying “I am…
- Jobs
417 tech firms lay off over 1.2 lakh employees in Jan-Feb alone
New Delhi: The year 2023 is set to become the worst year for tech employees as in just two months, 417 companies have laid off more than 1.2 lakh workers globally. In…
- Middle East
Turkey bans layoffs, offers salary support in earthquake zone
Ankara: Turkey has launched a temporary salary support scheme and banned job cuts in southern provinces hit by the devastating February 6 earthquakes that killed over 42,000 people in the country as…
- India
Wipro offering freshers lower pay
Bengaluru: At a time when the job market is hit by rising layoffs, Wipro has written to fresh recruits who have been offered Rs 6.5 lakh per annum, asking if they would…
- World
KPMG to lay off about 700 employees in US
San Francisco: Global consulting firm KPMG is laying off 2 per cent of its workforce that will impact about 700 employees in the US, owing to a “sharp slowdown in its consulting…
- Business
71% Indian professionals confident to retain jobs in 2023 despite global layoffs
New Delhi: About seven in 10 (71 per cent) professionals in India are confident about keeping their jobs in 2023 despite the rough macroeconomic conditions and global layoffs, a report showed on…
- Jobs
Over 17,400 tech employees got fired in Feb globally to date
New Delhi: More than 17,400 employees in the tech industry have lost jobs in the month of February globally to date, with many workers in India receiving pink slips amid deepening global…
