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A Chinese multinational technology and entertainment conglomerate, Tencent have laid off the entire ...
Communications software provider company Twilio has announced that it will be laying off of its ...
According to reports, Indias IT services provider, HCL Technologies has laid off employees glob...
A leading global investment banking, securities, and investment management firm, Goldman Sachs is preparing for layoffs that could come as early as this month. According to people with knowledge of the matter, The company is planning to eliminate several hundred roles starting this month. While the total number is less than some previous rounds. Goldman Sachs chief […]
The Micro-Blog Company, Koo has laid off nearly 40 employees. The company is realigning its workforce for the current business requirements. The current layoffs will be impacting the operations and backend teams mainly from the Delhi and Northern Region locations. However, the company will continue to “recruit talent especially as far as engineering and machine […]
According to media reports, PVH Corp, the owner of the Calvin Klein and Tommy Hilfiger brands announced job cuts due to the rising inflation. The fashion giant said in a statement that it is planning to reduce people costs in its global offices by approximately 10%” by the end of next year to improve efficiency. “We […]
According to Bloomberg, An American multinational conglomerate operating in the fields of industry, 3M is planning Job cuts and Layoffs. It is expected that the company plans to realign and reduce its structure from the safety and industrial division. According to the message, 3M is planning to streamline its portfolio and rethink business processes, as […]
The parent company of Snapchat, Snap is laying off 20 percent of the workforce which is nearly 1,280 employees. According to a report in The Verge, The company has been planning these layoffs for several weeks. The layoffs which began on Wednesday will impact certain verticals more than others. Snap is currently employing more than 6,400 people. The company’s Chief […]
Homegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90 per cent of cities in India (except Nagpur and Mysuru), resulting in several job losses. According to an Inc42 report, nearly 300 employees have lost jobs after the shuttering of Meesho Superstore. When reached, the company did […]
The automaker, Ford Motors has confirmed that it is cutting about 3,000 jobs from its global workforce which was being speculated for a long time. The company plans to cut 3,000 jobs across the U.S., Canada, and India, it said in a letter to employees on Monday. The company describes the reductions as part of […]
The Chinese smartphone manufacturer, Xiaomi has reportedly laid off over 900 employees. The effects of lockdowns in Shanghai and other cities during the first half of 2022 have made it difficult for China’s consumer consumption to recover. The exact reason behind the layoffs is assumed to be because of the revenue drop. The largest smartphone […]
A premier global media and entertainment company, Warner Bros Discovery (WBD) has laid off nearly 70 workers which are 14 per cent of its workforce at its HBO and HBO Max streaming service. When news of the intended layoffs began appearing a few weeks ago the fans were afraid that original scripted shows would be […]
Search engine giant, Google has warned its employees about layoffs if the third quarter results are not as expected. According to reports, Google executives have warned workers to either boost performance or prepare to leave. If third-quarter results don’t look up, ‘there will be blood on the streets.’ The report also claimed that Google Cloud sales leadership […]
Microsoft-owned professional networking platform LinkedIn is laying off its employees due to the global meltdown. The laid-off employees will be from its global events marketing team. The Insider report said “LinkedIn has laid off “all the employees on the professional social network’s global events marketing team amid continued economic uncertainty“ The affected employees are being encouraged […]
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 […]
