Firing

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…

American tech giant Hewlett Packard Enterprise has announced plans to layoff thousands of workers over the next three years. Three-year plan Due to declining PC demand which has led to reduced revenues the firm will axe up to…

Amazon's Indian arm started sending out VSP to its employees urging them to quit voluntarily. VSP as per Amazon The VSP document shared by the e-commerce major said, “This communication is to inform you that Amazon is…

For weeks now, en masse layoffs in major tech companies have made the news on a near daily basis. Companies cite cost cutting reasons along with a poor economic climate behind their moves. But is that all? Pandemic Boom …

The latest major company, not an IT one but in the banking sector, Credit Suisse announced Wednesday that it is looking at a 1.5 billion Swiss franc ($1.6 billion) loss for the final three months of the year. Multiple sources of…

After a spree of job cuts Elon Musk now plans to hire more people. Areas of focus He intends to fill up the engineering and sales departments. He further shared his plans to “decentralize” Twitter by setting up engineering…

Amazon India is the latest enterprise to be hit by mass layoffs in view of an impending recession and needing to cut costs. Earlier, other prominent outlets reported that it would be firing as many as 10,000 employees. Some…

Meta had announced its intention to cut approximately 11,000 jobs which represents 13% of its global headcount. Meta One of its main sources of income is advertising which has been hit by Apple’s new privacy policies and global…

Enterprise Software Company Salesforce is the latest tech firm to have cut hundreds of jobs. How many are affected? The company had 73,541 people on its payroll earlier this year. The layoffs could affect as many as 2,500…

Not even a month into his reign, Twitter owner Elon Musk plans to cut about 3,700 jobs at the firm, which translates to half of the company's workforce in a cost-cutting exercise. He will inform those affected on Friday. Further,…