• 

  Amazon to layoff over 18,000 employees citing 'economic uncertainty' | KNOW DETAILS

  Business | January 05, 2023 10:57 IST

  Amazon layoff news: In November 2022 too, Amazon reduced staff size by approximately 10,000, especially in the Devices and Books businesses, and also announced a voluntary reduction offer for some employees in its People, Experience, and Technology (PXT) roles.

• 

  Is Swiggy planning to lay off staff because of the losses?

  Technology | January 02, 2023 17:59 IST

  The upcoming layoffs at Swiggy will impact the company's quick commerce delivery service Instamart to reduce cash burn. In November 2022, global brokerage firm Jefferies said that Swiggy was fast losing market share to its rival Zomato despite offering heavy discounts.

• 

  Sundar Pichai refuses to quell upcoming mega layoffs fears at Google

  Technology | December 13, 2022 8:15 IST

  A report last month claimed that Alphabet is gearing up to lay off about 10,000 "poor performing" employees, or 6 per cent of its workforce. According to a report in The Information, Google plans to ease out 10,000 employees through a new ranking and performance improvement plan.

• 

  853 tech firms lay off over 137,492 workers globally, more job cuts coming

  Technology | November 24, 2022 19:22 IST

  In mid-November, around 73,000 workers in the US tech sector have been laid off in mass-level job cuts led by companies like Meta, Twitter, Salesforce, Netflix, Cisco, Roku, and others.

• 

  Twitter Update: 1200 software engineers leave micro-blogging platform, Musk needs help for coding

  Technology | November 24, 2022 18:11 IST

  recently Musk mailed about the new norms in the company which backlashed him- and around 1,200 software engineers resigned from their position. The act took place post Musk sent the ultimatum email to the employees, updating them on the new strict work culture with 80 hours/week timeline. Know more.

• 

  Tech layoff season has a new entrant after Twitter, Google: HP to fire nearly 6,000 employees

  Technology | November 23, 2022 15:25 IST

  HP firing employees: The company announced a 'Future Ready Transformation Plan', estimating annualised gross run rate cost savings of at least $1.4 billion by the end of fiscal 2025, and restructuring and other charges of approximately $1 billion.

• 

  Facebook CEO Mark Zuckerberg confirms laying off thousands of employees today: Reports

  World | November 09, 2022 10:28 IST

  Facebook employees lay off: According to reports, the company is anticipated to let off thousands of employees from Wednesday. This will likely be the biggest layoff in the tech industry this year.

• 

  Philips to cut 4,000 jobs in the coming days, and here is the reason

  Technology | October 25, 2022 11:59 IST

  Philips appointed Roy Jakobs as the new CEO, a week back and recently it was reported that the company is set to lay off around 4000 people working in the R&D, warehouses, consolidating suppliers and more. The decision has been taken, post witnessing the drop in Q3 this year.

• 

  Snap set to lay off 20% employees and here is the reason

  Technology | August 31, 2022 10:43 IST

  Snap currently has more than 6,400 employees, out of which around 1,280 employees will be shown the door.

• 

  Snapchat is to lay off 6,000 employees and here is the reason

  Technology | August 10, 2022 16:04 IST

  A report recently stated. "It's currently unclear how many of Snap's more than 6,000 employees will be laid off, as managers across the company are still planning the full scope of the cuts for their teams."

• 

  Tesla fires 229 employees from Autopilot team, shuts office

  World | July 13, 2022 11:46 IST

  Tesla layoffs are part of the 10 per cent reduction in the salaried workforce that Elon Musk announced last month.

Advertisement
• 

  Ola has shut down Ola Cafe, Ola Foods, food panda and Ola Dash, and here is the reason

  Technology | July 06, 2022 13:16 IST

  Ola has reportedly asked its senior executives to find employees in their teams on a performance basis who can be asked to go.

• 

  Netflix will no longer be an ad-free platform!

  Technology | June 24, 2022 18:00 IST

  Netflix witnessed its stock tumbling by 20 per cent after it reported a loss of 2 lakh paid subscribers in the first quarter of 2022, its first subscriber loss in over a decade.  

• 

  Netflix surprises the staff, lays off 150 employees

  Technology | May 18, 2022 11:52 IST

  Netflix has been witnessing the loss of subscriptions and this made the streaming giant lay off around 150 employees from the company recently.

• 

  Spotify lays off staff, shuts down its podcast studio

  Technology | January 12, 2022 12:44 IST

  Spotify, a Swedish music streaming giant has reportedly shut down its podcast studio and laid off some members of the team.  Spotify declines to comment on the report.  

• 

  OYO lays off around 300 employees

  Business | December 08, 2020 21:05 IST

  Hospitality firm OYO has laid off around 300 employees mainly from renovation and operations departments, according to sources in know of the matter.

• 

  No layoffs so far but surging COVID-19 cases in some states cause for concern: Bata chairman

  Business | August 06, 2020 19:56 IST

  ​Bata India Chairman Ashwani Windlass on Thursday said it has not laid off any employee so far, but admitted that there is not much clarity on "where the footwear major is heading" amid the raging COVID-19 pandemic.  

• 

  KLM airlines announces massive layoffs; says would cut nearly 5,000 positions

  Business | August 01, 2020 9:50 IST

  As part of the measures, a total of 4,500 to 5,000 positions in the entire KLM Group, part of Franco-Dutch airline Air France-KLM, will cease to exist. This means that the workforce will be reduced to around 28,000 full-time equivalents (FTEs) in the course of 2021 from the current 33,000 FTEs.

• 

  IndiGo to lay off 10% of its workforce, CEO Ronojoy Dutta announces

  Business | July 20, 2020 18:28 IST

  IndiGo will lay off 10% of its workforce, CEO Ronojoy Dutta announced today. The low-cost carrier's decision comes at a time when the country is battling coronavirus pandemic, which has eaten up into a lot of business.

• 

  Cabin crew say Air India compulsory leave is layoffs through backdoor

  India | July 17, 2020 8:36 IST

  The cabin crew of Air India has told the management that the compulsory leave scheme is a smokescreen for retrenchment by the backdoor and has demanded that it be kept in abeyance.