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A premier global media and entertainment company, Warner Bros Discovery WBD has laid off nearly ...
Search engine giant, Google has warned its employees about layoffs if the third quarter results are ...
Microsoft-owned professional networking platform LinkedIn is laying off its employees due to the glo...
The photo-sharing platform, Snapchat will lay off its employees and is in the early stages of planning layoffs. According to a report, the job cuts at Snap are coming after the company posted disastrous quarterly results (Q2) due to poor future forecasts. According to the reports, “It’s currently unclear how many of Snap’s more than 6,000 employees […]
Chinese tech firm Alibaba has fired around 10,000 employees. The layoffs come after Alibaba reported a 50 percent drop in net income in June. These are an effort to cut expenses amid sluggish sales and a slowing economy in the country. The tech company fired more than 9,241 employees during the June quarter. According to […]
The world’s biggest retailer, Walmart (WMT) is laying off about 200 corporate employees. The layoffs are affected due as the retail giant issued a rare profit warning also claiming that inflation has made the average American reduce spending. The layoffs come as consumer confidence dips and inflation reaches record highs. These layoffs are part of a restructuring effort the company […]
Technology-based school Edtech Platform Lead to layoff the workforce. However, the company has also said that it will not disclose the exact numbers of layoffs. Although according to media reports, the company will lay off nearly 80–90 employees. The layoff will be across sales, marketing, academics, and operations. The organization was started by Sumeet Mehta […]
Edtech firm Vedantu has laid off another 100 employees in a restructuring exercise marking the company’s third round of layoffs since May 2022. The fresh round of layoffs came as a surprise to most of the employees as they believed that there wouldn’t be any more layoffs in the startup. Vedantu told the impacted employees […]
A cloud technology company that provides organizations around the world with computing infrastructure and software, Oracle Corp has started to lay off employees in the United States. Post-Covid many companies across the globe are laying off employees due to economic slowdown. The layoffs at Oracle will affect employees at its offices in the San Francisco Bay […]
The e-commerce company, Amazon has slashed its direct workforce by nearly 1 lakh, the largest sequential drop in its history, primarily at its fulfillment centres and distribution network. The e-commerce behemoth still employs over 15 lakh people, the highest in the tech world. These layoffs are the results as Amazon said that it sees stabilization in […]
As Ola ramps up its hiring for the electric mobility business, the urban mobility firm is in the process of firing nearly 1,000 employees, according to Economic Times report. As per earlier reports, the company was laying off around 400-500 employees, while the annual appraisals for many staff were yet to be formalized. However, the final figure […]
A leading global commerce company, Shopify has announced that it will lay off 10 percent of its workforce citing an internal memo sent by CEO Tobi Lütke. Sumiran (Sumi) Anand, Senior Technical Recruiter, Shopify, shared the post on LinkedIn, “Hello everyone, it’s me again! Impacted by Shopify layoffs this time and ready to bounce back. A little […]
The leading destination for short-form mobile video, TikTok has begun its process of laying off staff across the company in the U.S. and Europe. This will be part of a move to reorganize its business. The European employees of TikTok were told that their jobs were at risk and that they would hold a meeting with the […]
Ford Motor Company is planning to lay off nearly 8,000 employees in the coming weeks to boost funds in the electric-vehicle market. The layoffs are said to help wean Ford off ICE production and use those funds to further invest in EV development. The layoff plans may come in phases and are likely to begin this summer. Chief […]
San Francisco-based online interior design services startup Modsy has shut down and laid off all of its employees. According to the reports, while the company’s website remains operational, its Twitter and Facebook pages have been deleted, and its Instagram account has been made private. However, the startup claims to have returned some service order charges and […]
