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According to India Today, An Indian multinational educational technology company, BYJUs recen...
On October , Musk agreed to proceed on his originally proposed terms, and a Delaware Chancery Court...
An Indian multinational educational technology company, Byjus is firing staff at its Bengalur...
The parent company of Google, Alphabet is planning to cut staff recruitment and hiring in Q4 of 2022 and the coming year, 2023. This decision came into force as the Q3 revenue grew at its slowest pace in more than two years. These things were said during the company’s earnings conference call on October 25. […]
On Tuesday, a group of Byju’s employees met V Sivankutty, Kerala labour minister alleging that the edtech giant was forcing more than 170 staffers to resign. Byju’s is looking forward to discontinuing its operations and will be closing its office in Thiruvananthapuram (Kerala). However, the affected are been provided relocation opportunities in Bengaluru by the company. A […]
After 10 years, sacked employees at the Maruti Manesar plant seek reinstatement. Jitendra Kumar one of the employees leading the legal battle for reinstatement who were among those sacked after the violence, said, “Around 150 workers joined the agitation and got support from workers and trade unions in Gurugram.” “The matter is pending in the […]
A digital transformation IT consulting & services company, Happiest Minds Technologies has said moonlighting is unacceptable for the company. The company has laid off a few employees engaged in dual employment who have been fired over the last 6-12 months. However, the company did not disclose the exact number of layoffs. In India, as per […]
A Dutch multinational conglomerate corporation, Philips has said that the company will lay off nearly 4,000 jobs. The job cut represents over five per cent of the company’s workforce. The reason behind the layoff is that the company is hit by a massive financial for faulty sleep respirators pushed it into a loss. The development of […]
Synapsica, a healthtech startup backed by Y Combinator has laid off nearly 30 percent of the workforce nearly 100 employees due to the citing market conditions. However, the company is providing two months of salary payouts to the laid-off employees. Moreover, the company will also be assisting them to find an opportunity. Synapsica was founded […]
The social media platform, Twitter on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a deal to be acquired by Elon Musk. Twitter General Counsel Sean Edgett emailed employees saying that the company does not plan layoffs. There has been news that there will be mass layoffs post […]
According to reports, Elon Musk said that he is planning to lay off nearly 75% of Twitter’s staff as he takes over the social media company. The reports said that job cuts are expected in the coming months, no matter who owns the company. However, Twitter’s current management has planned to lay off 25% of […]
India’s IT services provider company, Wipro Chairman Rishad Premji has said the company sacked its top 20 leaders in ten minutes. The company laid off the employees after it was found to have committed a “huge integrity violation“. The policy is black and white for any kind of integrity violation or harassment, he stressed on October 19. […]
The largest and most broadly based healthcare company in the world, Johnson & Johnson company has said that it will cut some jobs due to inflationary pressure and challenges created by the strong dollar. The company posted better-than-expected Q3 earnings. However, there will be various job functions that would be affected and layoffs will be due to a […]
An American multinational technology corporation, Microsoft has laid off nearly 1,000 people in a fresh round of layoffs. This is the third round of layoffs at the Big Tech firm since July. It is excepted that the layoffs will be across multiple divisions as the revenue of the company is expected to slow down in the […]
Actor and Producer Suniel Shetty has shared a LinkedIn post expressing his opinion on layoffs. However, the actor did not mention any specific name of the company. Recently, A global ed-tech company, Byju announced that it will be laying off nearly 5 percent of the workforce or 2,500 employees. Suniel Shetty’s in his post said, “A recent article […]
