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Meta is reportedly conducting quiet layoffs atnbspFacebooknbspthat may lead to tho...
An American company that specializes in service development, digital platform engineering, and digit...
As Covid- hit worldwide, many companies have been laying off employees for one or other reasons. N...
Boeing said that about 150 jobs nationwide will be cut in the first batch of layoffs, and will outsource them to Tata Consultancy Services (TCS). Boeing informed its non-union corporate staff through an all-hands virtual meeting. Last year the aerospace company Boeing has also outsourced IT work to Dell. This also affected the employees as […]
India’s IT services provider company, Wipro has laid off 300 employees who were found working with its competitor companies at the same time employment with Wipro. Wipro Chairman Rishad Premji said on 21 September that their employment has been terminated for an “act of integrity violation”. “The reality is that there are people today working […]
A Chinese multinational technology and entertainment conglomerate, Tencent have laid off the entire editorial workers at their online gaming publication -Fanbyte. The layoffs have affected the positions of editor-in-chief, head of media, options editor, social editor, information editor, graphic designer, podcast producer, and several other writers. Tencent workers who have been booted out posted their […]
Communications software provider company Twilio has announced that it will be laying off 11% of its workforce between 800 and 900. In a message to staff, CEO Jeff Lawson called the layoffs “wise and necessary,” blaming them partially on Twilio’s rapid growth over the last several years and “[lack of focus]” on key priorities. “I take responsibility […]
According to reports, India’s IT services provider, HCL Technologies has laid off 350 employees globally who were working on its client Microsoft’s news-related products. The layoffs have affected the employees who were working on its client Microsoft’s news-related products due to tough global market conditions. The lay off were from across geographies including Guatemala, the Philippines, […]
A leading global investment banking, securities, and investment management firm, Goldman Sachs is preparing for layoffs that could come as early as this month. According to people with knowledge of the matter, The company is planning to eliminate several hundred roles starting this month. While the total number is less than some previous rounds. Goldman Sachs chief […]
The Micro-Blog Company, Koo has laid off nearly 40 employees. The company is realigning its workforce for the current business requirements. The current layoffs will be impacting the operations and backend teams mainly from the Delhi and Northern Region locations. However, the company will continue to “recruit talent especially as far as engineering and machine […]
According to media reports, PVH Corp, the owner of the Calvin Klein and Tommy Hilfiger brands announced job cuts due to the rising inflation. The fashion giant said in a statement that it is planning to reduce people costs in its global offices by approximately 10%” by the end of next year to improve efficiency. “We […]
According to Bloomberg, An American multinational conglomerate operating in the fields of industry, 3M is planning Job cuts and Layoffs. It is expected that the company plans to realign and reduce its structure from the safety and industrial division. According to the message, 3M is planning to streamline its portfolio and rethink business processes, as […]
The parent company of Snapchat, Snap is laying off 20 percent of the workforce which is nearly 1,280 employees. According to a report in The Verge, The company has been planning these layoffs for several weeks. The layoffs which began on Wednesday will impact certain verticals more than others. Snap is currently employing more than 6,400 people. The company’s Chief […]
Homegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90 per cent of cities in India (except Nagpur and Mysuru), resulting in several job losses. According to an Inc42 report, nearly 300 employees have lost jobs after the shuttering of Meesho Superstore. When reached, the company did […]
The automaker, Ford Motors has confirmed that it is cutting about 3,000 jobs from its global workforce which was being speculated for a long time. The company plans to cut 3,000 jobs across the U.S., Canada, and India, it said in a letter to employees on Monday. The company describes the reductions as part of […]
