layoffs
- Jobs
Job cuts deepen at chip-maker Intel, set to be completed by Jan 31
San Francisco: Chip-maker Intel is making deeper job cuts that will hit at least hundreds of employees in the Bay Area and nearby places in the US, the media reported. According to…
- World
Goldman Sachs lays off 3,000 staff after calling them for ‘7.30 a.m. business meetings’
Delhi: Global investment firm Goldman Sachs sacked more than 3,000 employees in disguise of business meetings as early as 7.30 a.m. and the meetings with senior managers were put on Google calendar…
- Business
ShareChat lays off 20% of its workforce due to uncertain market conditions
New Delhi: Homegrown social media company ShareChat (Mohalla Tech Pvt Ltd) has laid off 20 per cent of its workforce due to uncertain market conditions. Backed by Twitter, Google, Snap and Tiger…
- News
91 tech companies lay off over 24K employees in Jan to date
Delhi: The year 2023 began on a bad note for tech workers globally and 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signalling…
- India
Sacked Amazon employees in India break down, ‘crying in office’
New Delhi: As Amazon announced to lay off 18,000 employees globally including nearly 1,000 in India, reports have surfaced that some of the impacted employees broke down and were left “crying in…
- Technology
LinkedIn becomes go-to platform for those sacked in worst layoff season
New Delhi: As more companies, especially in the tech sector, lay off thousands in New Year, Microsoft-owned LinkedIn has become a go-to platform for those who have been sacked, with some affected…
- Business
Cisco lays off nearly 700 employees in SF Bay Area in US
San Francisco: Networking giant Cisco has laid off nearly 700 positions in the Bay Area — including 80 at its San Francisco offices. According to SFGATE, the tech company has laid off…
- Business
Swiggy’s losses jump 2X to Rs 3,629 cr in FY22, layoffs coming
New Delhi: Online food delivery platform Swiggy’s losses doubled to Rs 3,629 crore in FY22 compared to Rs 1,617 crore in the last fiscal year. Total expenses went up 131 per cent…
- Jobs
Most fired tech workers landing new jobs in 3 months: Report
San Francisco: In some cheer for those who have lost jobs in the ongoing funding winter and global macro-economic conditions, most laid-off tech employees have landed new jobs within three months of…
- India
Over 6 in 10 Indian job seekers depressed over layoffs, not giving 100% in current jobs
Bengaluru: About 65 per cent of jobseekers (more than 6 in 10) in India feel that the ongoing layoffs may hinder their willingness to go the extra mile in their jobs, a…
- Technology
Salesforce workers brace for fresh round of layoffs
San Francisco: Salesforce, an enterprise software company, is reportedly preparing for another round of layoffs amid leadership changes, increased pressure to meet sales targets, and the influence of activist investors. An employee…
- World
Google may soon opt for layoffs: Report
New Delhi: Amidst layoffs and a slowing down of the hiring process being seen by large companies as an avenue to strengthen their revenues, global tech major Google has introduced a new…
- Business
Cisco to lay off over 4,000 employees in a ‘rebalancing’ move
San Francisco: Joining the Big Tech layoff season, networking giant Cisco is reportedly laying off over 4,000 employees, or about 5 per cent of its workforce, in a “rebalancing” act while “rightsizing…
- Technology
Amazon CEO confirms more layoffs coming in early 2023
San Francisco: Amazon CEO Andy Jassy has warned employees that there will be more layoffs at the company in early 2023 “as leaders continue to make adjustments”. The e-commerce giant publicly confirmed…
- World
How Singapore tech layoffs are impacting Indians
Singapore: Meta, the parent company of Facebook, has announced that it was laying off about 11,000 employees, or 13 per cent of its global workforce. It’s the first mass redundancy exercise for…
