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An American multinational technology company focusing on e-commerce, Amazon is laying off about ...
Indias biggest stock brokernbspfirm,nbspZerodha said that the company will retain employe...
Recently, LinkedIn, the worlds largest social media platform for professionals, announced cutting ...
An American multinational corporation and technology company, Intel will sack its workforce to reduce costs. However, the exact number of job cuts has not been disclosed but job cuts will take place across the board. According to the reports of Business Today, “Intel is working to accelerate its strategy while navigating a challenging macro-economic environment. […]
LinkedIn, the world’s largest social media platform for professionals, is cutting 716 positions and shutting down its jobs app in mainland China, the California-based company announced. The decision was made amid shifts in customer behavior and slower revenue growth, CEO Ryan Roslansky said Monday in a letter to employees. “As we guide LinkedIn through this rapidly changing landscape, […]
Google’s leadership has double standards. However, due to economic uncertainty, the company laid off and also cut the benefits of the employees but when it comes to the salary of the top executive they are paid very high. Harpreet Singh Saluja, President – Nascent Information Technology Employees Senate, shared a tweet and said, “The double standards […]
The leader in offensive security company, Bishop Fox has laid off 13 percent of its workforce or 50 employees. The company laid off the employees after it invited employees to the RSA cybersecurity conference for a party where it served drinks. According to reports, Bishop Fox CEO Vinnie Liu said, “We proactively made these changes in […]
The layoff is not ending. Now, a leading provider of education-infrastructure solutions, Teachmint & Shopify has sacked employees. Teachmint sacks 70 more employees Teachmint has laid off 70 more employees in the second round of layoffs in six months. Previously, the company laid off 45 employees. The company looks forward to reducing costs. The company will […]
A social commerce platform, Meesho will sack 15% workforce or 251 employees. This is the second round the company will cut jobs in just over a year. Earlier, the company laid off 150 workers around the same time last year. The spokesperson said, “We have taken a difficult decision to part ways with 251 Meeshoites, […]
Cognizant, one of the world’s leading professional services companies, announced its first quarter 2023 financial results. According to reports, the company will lay off 3,500 employees. However, as of now the exact number of people impacted in India is still unclear. Moreover, the company will also be giving up 11 million sq feet of office […]
IBM is planning to freeze the hiring for certain positions. The company expects that nearly 7,800 jobs could be replaced by artificial intelligence (AI). CEO Arvind Krishna has specified that hiring specifically in back-office functions such as human resources will be suspended or slowed. The company aspects that 30% of non-customer-facing roles could be replaced […]
An American multinational conglomerate, 3M is layoff 6,000 jobs as part of part of an ongoing restructuring. This is the second time the company has announced the layoff this year. The company has announced a total of 8,500 job cuts this year. This is nearly about a 10% decline in its global workforce. While 3M […]
The major companies that laid off employees include Meta, Infosys, Amazon, Google, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally. Apparently, Major tech companies have laid off employees exponentially due to economic uncertainties. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as […]
Brian Humphries, the former CEO of Cognizant was “terminated without cause,” the company said in a regulatory filing. When someone is terminated without cause, it means that while they are being dismissed from their role, the reason has nothing to do with significant workplace misconduct or malfeasance at the workplace and they are entitled to […]
According to the reports of Business Today, an international professional services company, Deloitte will sack around 1,200 jobs or 1.5% of its U.S. workforce. Deloitte said in an emailed statement, “Our U.S. businesses continue to experience strong client demand. As growth in select practices moderates, we are taking modest personnel actions where necessary.” Recently, […]
