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An Indian multinational corporation, Wipro has sacked fresher employees due to poor performance....
An Indian online food ordering and delivery platform, Swiggy lays off employees due to the compa...
Indian Startup of an online vehicle repair platform, GoMechanic fires nearly of the workforce du...
Asia’s biggest internet company, Tencent Holdings Ltd fired more than 100 employees. The reason behind the termination is violating law and company policies in 2022 including suspected bribery and embezzlement. The number of employees that were sacked was accused of corruption were part of the company’s PCG arm. The PCG arm oversees its mammoth content […]
An American multinational technology company, Microsoft will sack 11,000 employees worldwide due to the global economic slowdown. The year 2023 has begun on a bad note for tech workers globally. There have been nearly 91 companies that have laid off more than 24,000 tech employees in the first 15 days this month. More than 1,600 […]
Bloomberg | Amazon: With job cuts mounting across tech, finance, and other industries, why wait to get fired when you can skip directly to being hired? The move, called “career cushioning,” involves lining up a plan B while still fully employed, especially when job cuts are imminent. This is usually done discreetly — perhaps a networking […]
According to Business Today, an Indian multinational ridesharing company, Ola has fired 200 people in a fresh round of layoffs. The layoffs are across Ola Cabs, the ride-hailing business, and Ola Electric, the electric vehicle manufacturing company. Earlier in September, Ola laid off nearly 200 employees across the engineering segment. The company earlier made headlines […]
In another round of layoffs, an Indian educational technology company, Unacademy will let go of around 40 people. NextLevel, which was launched last month as a product that would ‘disrupt LinkedIn’ and make resumes irrelevant. Unacademy has laid off more than 1,200 employees since the start of 2021. The company has halved its team […]
An American multinational fast food chain, McDonald’s CEO Chris Kempczinski has confirmed that the company may layoff employees in April 2023 as part of a cost-cutting exercise. The layoff will affect the employees from the corporate wing of the company. The CEO has told Wall Street Journal that “some jobs that are existing today are either […]
As 2023 started the news of layoffs. Recently, upGrad-owned learner-centered institution, Harappa has announced to sack of nearly 70 employees or 35% of its 200-strong workforce. As per reports, the affected employees have been told to serve a month’s notice, and no other severance benefits have been offered to them. The layoffs have affected mainly […]
According to the Wall Street Journal, an American multinational technology company, Amazon is laying off more than 17,000 employees, which is 70% more employees than previously planned. However, The job cuts that began last year were expected that it will affect nearly about 10,000 people. The reduction is concentrated in the firm’s corporate ranks. The […]
As per earlier reports, An American multinational technology company focusing on search engine technology, Google is expected to lay off 6 percent of employees in 2023. The employees who will fall under the low-performance bracket will be affected. As per the recent reports, several employees have written a letter to the company’s Vice President of Human […]
As per reports, Google is expected to layoff 6 percent of employees in 2023. The employee which will fall under the low-performance bracket will be affected. As per CNBC reports, however, several employees have been complaining about procedural and technical issues with the new performance system. According to the rating system, an employee must have […]
A world leader in innovative memory solutions, Micron will be laying off nearly 5000 or 10% of its employees. The company said that the industry is experiencing the “most severe imbalance between supply and demand in both DRAM and NAND in the last 13 years.” Micron Technology announced results for its first quarter of fiscal 2023, […]
A Chinese designer and manufacturer of consumer electronics and related software, home appliances, and household items company Xiaomi Corp has started laying off workers in several units of its smartphone and internet services business. The layoffs will be affecting nearly 10% of the total workforce. The latest layoff could affect thousands of workers many of the employees have […]
