layoffs

IIT-Kharagpur graduate Himanshu V bagged a job with Meta. Caught in the maelstrom He relocated from India to Canada to join them. Unfortunately, he became one of the 11,000 Meta employees who have been laid off. He himself…

Cost reduction is again being used as an excuse in this case. 2022 has clearly been the year of sudden unemployment. Chief Executive Officer Mark Zuckerberg has now joined the party. Official statement Here’s his statement: …

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,…

Capgemini plans to slow down hiring due to slowing growth and reduced attrition levels. It has a significant number of employees in India, with over a lakh-and-a-half employees in the country. Slow growth It announced its…

A group of employees from Byju's on October 25 met Kerala labour minister V Sivankutty, accusing the company of forcing more than 170 staff to resign, as it plans to discontinue operations in Thiruvananthapuram. Minister stepping in…

Microsoft laid off under 1,000 employees across several divisions this week. Who were affected? Employees across a variety of levels and teams around the world were affected. This makes it the latest American tech company to…

Another layoff from edtech is on the horizon as the world's most valued edtech startup, BYJU's is planning to lay off about 2,500 employees across departments to cut costs amid mounting losses, the company said in a statement. …

He said that many teams are going to shrink so "we can shift energy to other areas." Creating chaos once again, Mark Zuckerberg-led Facebook is rumored to be planning a mass round of "quiet layoffs" within the next few weeks. 12K…

This means a loss of a job for around 500 to 2,400 employees.  Banking major Goldman Sachs is planning to fire hundreds of its employees as early as next week. It and several other firms have also been laying off employees en masse…

Credit Suisse may cut around 5,000 jobs, about one position in 10, as part of cost cutting measures. Tough times The scale of the potential firings reflect the challenge facing Credit Suisse and new chief executive Ulrich…