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An American multinational conglomerate, M is layoff , jobs as part of part of an ongoing restru...
IT company, Amplitude co-founders Spenser Skates, Curtis Liu, and Jeffrey Wang sent an email announc...
Healthtech startup Practo has sacked nearly employeesnbspdue to Performance Issues. As a...
According to the reports of the Business Standard, Both the tech companies Google & Amazon have recently announced the sack of thousands of employees. However, the companies are offering salaries so they leave voluntarily. Google Speaking about the geographical bifurcations in Europe mass layoffs are not possible due to labor protections. Prior to the layoffs, […]
According to the CNBC reports, Recently, Small-satellite launch provider Virgin Orbit was ceasing its operations. The company failed to secure a funding plan. Virgin Orbit is looking to sell assets in its bankruptcy filing. Hence, The company laid off 675 employees nearly 85% of its workforce. The company’s chief operating officer (COO) Tony Gingiss has […]
The year 2023 started off with the layoff note. Many Tech companies have sacked lakhs of employees. Recently, Microsoft conducted another round of layoffs which affected 10,000 employees. Among the affected employees who lost their jobs a woman named Ann Pfeiffer has shared her experience. The company has fired the employee after over 25 years of service. […]
Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. Below is the list of companies that Laid off employees Amid layoffs and retrenchment across various sectors in the country including in IT, Minister Bhupender Yadav has […]
India’s leading health tech start-up, HealthifyMe announced the layoff of 142 employees. The step is taken as a matter of growing concern for the firm to manage its cost. The firm also offered 2 months’ package to separated employees with 2 weeks per year worked at the firm. The firm is undergoing an evolution with […]
An employee was terminated by TTC News Channel in 2018 on the grounds of the financial crisis of the channel. Case Judgment/Observation The Karnataka Court found that the notice issued by the organization clearly stated that the Channel was facing a crisis due to repeated losses, and therefore, the Board of Directors had decided to […]
As Twitter pauses hiring, the micro-blogging platform is reportedly shifting employees away from audio Spaces, Communities and newsletters verticals for areas that “will have the greatest positive impact to the public conversation”. The restructuring is happening under Jay Sullivan, the new head of product and interim head of revenue, reports Bloomberg. Twitter CEO Parag Agrawal last month fired […]
The pre-owned e-commerce platform, CARS24 has announced that the company is laying off around 600 employees due to poor performance. CARS24 has a nearly 9,000-strong workforce. The six-year-old used-car marketplace has let go of about six percent of its team. The termination not owing to any “cost cuts“. The company calls it “business as usual.” The company […]
