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  Google announces second major round of job cuts in 2024, tech giant says 'change is difficult'

  Business | April 18, 2024 11:03 IST

  Google announced significant restructuring plans, possibly resulting in employee layoffs, with CFO Ruth Porat conveying the message via memo. Porat cited the tech sector's platform shift towards AI, highlighting the need for tough decisions to align with priority areas.

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  Apple to lay off more than 700 employees after halting various projects

  Technology | April 05, 2024 12:23 IST

  Apple recently halted some of its projects including the Apple Car project and Micro-LED displays. Now, the company is laying off hundreds of its employees mainly from these projects.

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  SpiceJet to lay off 15 per cent of workforce, save Rs 100 crore annually

  Business | February 13, 2024 8:56 IST

  Currently, the airline operates with around 9,000 employees and maintains a fleet of about 30 planes.

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  Why is Snapchat's parent company, Snap, cutting 10 per cent of its workforce?

  Technology | February 06, 2024 6:40 IST

  Snap's parent company, Snap, is reducing its workforce by 10%, which means around 530 employees will be laid off. Here's everything you need to know.

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  Deutsche Bank to cut 3,500 jobs even as it records USD 4.5 billion profit last year

  Business | February 01, 2024 23:03 IST

  Deutsche Bank said the reduction in the number of positions would mostly be for jobs that don't involve directly dealing with customers.

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  Salesforce cuts 700 jobs in latest tech layoffs: Know more

  Technology | January 26, 2024 18:13 IST

  Salesforce is cutting around 700 jobs, around 1 per cent of its workforce, marking a trend in the tech industry where companies like Google and YouTube are also making layoffs in 2024.

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  Flipkart set to lay off 1,000 employees: Here's what we know so far

  Technology | January 25, 2024 19:02 IST

  Flipkart is reportedly letting go of 1,000 employees, around 5 per cent of its workforce, after a year of freezing hiring and not providing salary increments.

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  eBay joins Google and Amazon in employee layoffs, thousands affected: Know more

  Technology | January 24, 2024 14:25 IST

  eBay is letting go of 1,000 employees (9 per cent of its workforce) to make the company more efficient, despite making a profit, and similar changes are happening in other big companies too.

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  Google CEO Sundar Pichai prepares staff for further job cuts this year: Know more

  Technology | January 29, 2024 12:26 IST

  Google CEO Sundar Pichai alerts employees about upcoming job cuts as part of the company's restructuring, aiming to simplify operations and drive progress toward ambitious goals.

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  'We have had to make some difficult decisions about..': Google after laying off 1,000 employees

  Technology | January 16, 2024 18:48 IST

  Google has announced layoffs impacting 1,000 employees, offering support for affected individuals to re-apply for positions and providing transition assistance.

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  Amazon's Twitch trims over 500 jobs to turn platform profitable

  Business | January 11, 2024 11:42 IST

  Last month, Twitch, headquartered in San Francisco, exited the South Korean market amid high costs associated with network fees.

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  Google, Amazon job slashes: Impact on hundreds across various departments

  Technology | January 12, 2024 18:12 IST

  Amazon has been pulling up to lay off hundreds of employees in its Prime Video and MGM Studios segment. The company has started notifying the workers in the US and will inform most of the region by the end of this week.

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  Edtech Startup PhysicsWallah announces lay off of 120 Employees due to Performance Review

  Education | November 20, 2023 14:38 IST

  About 120 employees have been fired after a performance review. According to media reports, this is the first reported instance of layoffs at ed-tech startup Physicswallah.

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  Amazon fires people from Music team in fresh layoffs amid CEO Andy Jassy's cost-cutting campaign

  Business | November 09, 2023 13:09 IST

  Amazon layoffs: Amazon has recently carried out another round of layoffs, impacting employees working in its audio streaming service, Amazon Music.

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  Byju’s to cut around 5,000 jobs in business restructuring exercise

  Business | September 27, 2023 7:45 IST

  Byju's news: According to TechCrunch, Byju’s will go through the restructuring exercise to pare down costs amid a broad restructuring of its business following a delayed Initial Public Offering (IPO) and pressure from lenders.

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  MPL layoffs 50% of workforce amid 28% GST imposition on online gaming

  Technology | August 09, 2023 14:32 IST

  Mobile Premier League (MPL)- an online gaming platform is reportedly reducing its workforce by approximately 50%, affecting around 350 jobs. This decision follows the 51st GST Council meeting's decision to uphold a 28% tax on the total value generated from online gaming.

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  Microsoft's latest job cut round results in 276 layoffs: Here's why

  Technology | July 11, 2023 12:21 IST

  In January, Microsoft laid off 10,000 employees, which accounted for about 5% of their total workforce. The CEO of Microsoft, Satya Nadella, mentioned in a blog post that even though the company was reducing jobs in certain areas, it still planned to hire new employees in other important areas.

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  Over 2.12 lakh tech employees laid off worldwide in first half of 2023: Know it's impact in India

  Technology | July 01, 2023 13:05 IST

  The widespread job cuts in the global tech industry, including in India, show how the changing economy is affecting companies. To overcome these challenges, businesses are focusing on restructuring and improving their operations to keep growing in a fast-paced and ever-changing world.

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  National Geographic lays off last of its staff writers: Reports

  Business | June 29, 2023 19:06 IST

  The move comes as a cost-cutting measure by the parent company, Walt Disney Co. The layoffs were the second over the past nine months, and the fourth since a series of ownership changes began in 2015.

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  Uber to lay off 200 employees; 17 pc reduction in workforce since COVID pandemic

  Business | June 22, 2023 16:19 IST

  Since the beginning of the epidemic, the company has reduced its employees by 17 per cent.