layoffs
- 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…
- India
IITian moves to Canada for Meta job, gets fired after two days
Soon after social media giant Meta chief executive officer (CEO) Mark Zuckerberg announced to lay of 11,000 jobs, an Indian man who had moved to Canada after securing a job at the…
- World
After Twitter, Meta to fire 11,000 employees
Social media giant Meta (previously known as Facebook) announced it will fire around 11,000 employees in a bid to reduce costs following a drop in revenue. The job cuts come just a…
- Technology
Elon Musk is Twitter CEO as company braces for deeper layoffs
San Francisco: Chief Twit Elon Musk is officially the new CEO of Twitter as the micro-blogging platform braces for deeper layoffs under him. Musk earlier tweeted that he has “no idea” who…
- Technology
Musk denies Twitter layoff on Nov 1, says NYT report ‘false’
San Francisco: ‘Chief Twit’ Elon Musk on Monday refuted reports that he planned to lay off Twitter employees before November 1 in order to stop them from receiving stock grants as part…
- Business
Intel plans major layoffs this month as PC sales nosedive: Report
New Delhi: Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its sales and marketing teams, as consumer PC sales nosedive globally. Bloomberg reported on Wednesday that…
- Technology
Snapchat brings paid subscription service to India amid layoffs, poor growth
New Delhi: Photo-sharing platform Snapchat on Wednesday launched its paid subscription service in India for Rs 49 per month, as it aims to increase revenue amid slowed growth and layoffs globally. The…
- India
Ola begins layoffs, pauses appraisals in cost-cutting exercise
New Delhi: Ride-hailing platform Ola has started laying off employees, as many as 500 from its nearly 1,100-strong workforce, across verticals as it aims to cut costs amid a challenging funding environment.…
