Downsizing

Hospitality chain Oyo is the latest company to undergo downsizing and consequently laying off a sizable number of employees. Many Indian firms including Byju’s, Vedanta, Dailyhunt, ShareChat are among those that have already…

Big Bazaar Fires 300-400 ECommerce Employees As Online Operations Are Scaled Down: Retail 3.0 Is A Failure? According to the sources, the Kishore Biyani-led Future Group has scaled down its e-commerce venture, Retail 3.0, and laid off…

78 year old Larsen & Toubro (L&T), which is India’s largest engineering firm has decided to terminate 14,000 employees in a single go. This is being described as India’s largest ever layoff. 14,000 employees represent 11.2%…

Revenues of Samsung India are falling, and such is the alarming situation that they are firing employees to reduce their expenses. As per media reports, Samsung may fire 5% of their staff in India within next few months; which…

Zomato has confirmed that they are laying off 300 employees, or roughly 10% of their workforce, in order to concentrate more on profit-making niches. Severely hit would be their content teams, which are responsible for live data…