workforce
- World
Yahoo to lay off 1,600 employees, ad tech biz most impacted
San Francisco: Yahoo is laying off 20 per cent of its workforce, or 1,600 employees, that will impact half of the company’s ad tech business. In an interaction with Axios, Yahoo CEO…
- Business
Why Apple’s Tim Cook has not cut workforce amid mass layoffs
San Francisco: As every Big Tech company has announced job cuts running into thousands, Apple is yet to do so and may not plan to terminate employees as it never hired at…
- Business
Quick-grocery delivery provider Dunzo cuts 3% of its workforce
New Delhi: Homegrown quick-grocery delivery provider Dunzo has laid off 3 percent of its workforce amid cost-cutting measures, the platform confirmed on Monday. Kabeer Biswas, CEO and Co-Founder, of Dunzo, told IANS…
- 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…
- Business
Crypto.com to reduce 20% of workforce amid ongoing economic headwinds
New Delhi: Crypto lending exchange Crypto.com on Friday announced that the company will reduce its global workforce by approximately 20 per cent amid ongoing economic headwinds and unforeseeable industry events. This is…
- Business
Alphabet’s health-focused company Verily to cut 15% of staff
San Francisco: Verily, the health-focused company housed under Google parent Alphabet, has announced that it will lay off 15 per cent of its workforce in a restructuring move as it strives for…
- Business
Amazon plans to lay off 10,000 of its workforce: Report
San Francisco: Amazon is reportedly planning to lay off approximately 10,000 of its workforce in corporate and technology roles beginning this week, a media reported. According to The New York Times, the…
- Technology
Disney set to reduce its workforce, freeze hiring amid revenue drop
San Francisco: Facing a slow revenue growth, Disney has reportedly planned to reduce its workforce and freeze hiring. According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC,…
- Business
Disney set to reduce its workforce, freeze hiring amid revenue drop
San Francisco: Facing a slow revenue growth, Disney has reportedly planned to reduce its workforce and freeze hiring. According to an internal leaked memo from Disney CEO Bob Chapek, seen by CNBC,…
- Business
Digital payments firm Stripe lays off 14% of workforce
San Francisco: Global payment processing firm Stripe on Thursday announced to cut over 1,000 jobs, or 14 per cent of its staff. The payment processor cited “stubborn inflation, energy shocks, higher interest…
- Bangalore
Employees not forced to resign, it’s part of 5% workforce reduction: BYJU’s
Bengaluru: Amid reports of forcing its employees to resign, edtech major BYJU’s said on Saturday that it is not forcing its staff in Karnataka or elsewhere to resign or face terminations, and…
- Technology
Musk to sign takeover deal as Twitter employees slam his layoff threat
San Francisco: Elon Musk has reportedly told investors and bankers that he is going to close the $44 billion Twitter takeover deal by Friday, as employees at the micro-blogging platform protest his…
- India
BYJU’s consolidates India business, 5% workforce to be ‘rationalised’ across teams
New Delhi: Edtech major BYJU’S on Wednesday announced several measures to bolster its India business, saying that its K-10 business, which includes Toppr, Meritnation, TutorVista, Scholar, and HashLearn platforms, will now be…
- Business
Top crypto exchange Blockchain.com cuts 25% of its workforce
New Delhi: Leading cryptocurrency exchange Blockchain.com has laid off 25 percent of its workforce, nearly 150 employees, amid the global economic meltdown. The digital assets trading firm said it will shut its…