Layoff By It Firms
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Microsoft fires thousands of workers in second mass layoff in months
Business | Jul 02, 2025, 11:53 PM ISTMicrosoft, however, declined to say how many people would be laid off but that it will comprise less than 4 per cent of the workforce it had a year ago.
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Infosys lays off over 300 freshers at Mysuru campus for not clearing internal assessment
Business | Feb 07, 2025, 04:45 PM ISTInfosys lay offs 2025: IT employee union NITES has threatened to lodge an official complaint with the Ministry of Labour and Employment, seeking urgent intervention and strict action against the company.
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Why did Unacademy layoff 12% of the workforce?
Technology | Mar 30, 2023, 03:46 PM ISTIn November 2022, Unacademy laid off around 10 per cent of its workforce which is around 350 employees at that time, as funding winter deepens for the Indian startup ecosystem.
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Yahoo to fire 1,000 employees this week under cost-cutting campaign
Business | Feb 10, 2023, 02:03 PM ISTYahoo would lay off over 20% of staff in a major restructuring effort. Technology giant has announced job cuts in its advertising technology division, affecting nearly half of its ad tech employees.
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'I was accountable for mistakes...'- Zoom CEO after announcing 15% job cut | IT giants' layoffs LIST
Business | Feb 08, 2023, 06:59 AM ISTLayoffs continue in the technology sector. The latest IT company is Zoom that announced a 15% job cut.
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Infosys dismisses 600 freshers after they fail to pass internal assessment
Business | Feb 06, 2023, 03:32 PM ISTInfosys fired 600 newly-employed freshers after they failed an internal assessment. This occurs at a time when hundreds of new hires at Infosys are awaiting their joining dates despite receiving offer letters months earlier.
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219 tech firms fired around 68,000 employees in January, more layoffs expected: Know-more
Technology | Jan 29, 2023, 10:29 AM ISTAccording to the survey, a little more than half of the business economists feel the risk of a recession over the next year at 50 per cent or higher, which means more layoffs in the offing in 2023.
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Tech employees earning up to $1 million per year got laid off: Know-why?
Technology | Jan 23, 2023, 02:08 PM ISTGoogle Cloud has laid off people in strategy, recruiting, and go-to-market teams. Microsoft has also shut down AltspaceVR virtual reality-based social platform it acquired in 2017. Amazon will also shut down its charity donation programme "AmazonSmile".
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Ola has shut down Ola Cafe, Ola Foods, food panda and Ola Dash, and here is the reason
Technology | Jul 06, 2022, 01:16 PM ISTOla has reportedly asked its senior executives to find employees in their teams on a performance basis who can be asked to go.
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Lay-off by IT firms matter of serious concern: Bandaru Dattatareya
National | Jan 11, 2015, 09:35 AM ISTChennai: Voicing concern over lay-offs in some IT firms, besides labour troubles in Nokia and Foxconn in Tamil Nadu, the Centre today said it will adopt "conciliatory approaches" when the issues reach them as these