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The tech giant Googles parent company Alphabet will be laying off hundreds ofnbspemployees ...
UBS Group AGnbspis cutting Asia wealth-management jobs in the low hundreds, just months after comp...
Sambhav Jain and Kush Taneja, co-founders of Bengaluru-based startup fintech app Farm has announced ...
A new-age used car end-to-end platform in India, Spinny will cut around 300 jobs in order to boost profitability. Spinny has about 6,000-6,200 employees and the sackings affect 5 percent of the workforce. The company is currently operating in Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Kolkata, Chennai, Ahmedabad, Jaipur, Chandigarh, Indore, Coimbatore, Lucknow, Kochi and Surat. […]
The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day). In July 2023 14,392 people lost their jobs. In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that […]
In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated, “If we look at the tech space, layoffs occurred post-Covid. It happened to companies like Google, Microsoft, Meta, and even smaller startups. When the world was emerging from Covid, everyone […]
Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which gained significant attention and criticism. According to the user, the company fired one of its most accomplished employees. The post said, “Honestly, a lot of things have been going down at […]
The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]
A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]
The year 2023 started on a layoff note so far in 2023, there have been 1,206 layoffs at tech companies with 315,916 employees impacted (1,672 people per day). In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly […]
OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reduction of approximately 800 jobs worldwide The company has started shutting down operations of its automotive unit, Olx Autos, in certain markets after exploring potential buyers and investors 6 months earlier, OLX’s planned to reduce its global workforce by 1,500 employees […]
