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  'I was accountable for mistakes...'- Zoom CEO after announcing 15% job cut | IT giants' layoffs LIST

  Business | February 08, 2023 6:59 IST

  Layoffs continue in the technology sector. The latest IT company is Zoom that announced a 15% job cut.

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  After tech giants, Boeing plans to cut about 2,000 jobs in 2023

  Business | February 07, 2023 12:09 IST

  Layoffs continue: Aerospace company Boeing is the latest entrant in the group of big organizations that announced job cuts citing slowdown and other reasons.

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  Meta CEO Mark Zuckerberg confirms further layoffs are on the way - DETAILS

  Business | February 02, 2023 14:45 IST

  According to Zuckerberg, the Facebook parent will also seek to reduce non-performing or unimportant initiatives and enhance the execution of priority.

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  'Feels like slap in the face': Sacked Google techie whose mother died of cancer

  World | January 27, 2023 15:19 IST

  Tommy York, who is based in San Francisco in the US, wrote in a LinkedIn post that his mother died in December 2022 after battling stage-four cancer.

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  IBM fires nearly 3,900 employees as company fails to meet annual cash target

  Business | January 26, 2023 8:24 IST

  According to reports, the layoffs are the result of the company not meeting its annual cash target, and revenue expectations in the fourth quarter.

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  Tech employees earning up to $1 million per year got laid off: Know-why?

  Technology | January 23, 2023 14:08 IST

  Google 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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  Jeff Bezos makes a rare visit at Washington Post amid layoffs fears

  Technology | January 20, 2023 15:47 IST

  The newspaper shut its Sunday magazine and laid off 11 newsroom employees late last year. The publication has struggled to expand its subscription business, with fewer paying subscribers last year than the three million it had in 2020.

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  Twitter plans to layoff more employees in coming weeks, says report

  Business | January 19, 2023 14:31 IST

  According to reports, the micro-blogging site may cut more jobs in the coming weeks.

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  Amazon begins another round of layoffs, 18,000 employees to be affected

  Business | January 19, 2023 10:26 IST

  Amazon confirmed the layoffs and their massive scale, saying that including the ones from last year, fresh round, and potential additional cuts in 2023, they would affect 18,000 employees overall.

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  Tech industry in turmoil: Layoffs on the rise as companies struggle to stay afloat

  Technology | January 18, 2023 18:45 IST

  Economic slowdown has left a huge impact on the tech industry, as top companies including Amazon, Twitter, and Salesforce announce layoffs and cost-cutting measures in 2023

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  Cisco joins big tech companies, starts laying off over 4,000 employees

  Business | December 13, 2022 22:25 IST

  Reports first surfaced last month that the networking giant Cisco is gearing up to lay off over 4,000 employees in a "rebalancing" act while "rightsizing certain businesses".

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  Goldman Sachs to lay off hundreds of employees: Report

  Business | December 13, 2022 16:47 IST

  The company's decision to cut jobs comes after chief executive David Solomon announced plans to curtail "Main Street" banking ambitions, reports The Financial Times.

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  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.

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  Twitter is done with layoffs, ready to hire again: Elon Musk

  Business | November 22, 2022 13:06 IST

  Elon Musk claimed that Twitter is now actively hiring for positions in engineering and sales, reports suggested.

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  Google's parent company Alphabet plans to lay off 10,000 employees based on new performance method

  Technology | November 22, 2022 12:58 IST

  Alphabet has a workforce of nearly 187,000 employees and is yet to comment on the reported mass layoffs that may hit the company in days to come or early next year.

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  Amazon begins mass layoffs in corporate ranks; data scientists, software engineers bear the brunt

  Business | November 17, 2022 8:08 IST

  Amazon begins layoffs: The company's notification to regional authorities in California stated that it would lay off around 260 employees at various facilities, including data scientists, software engineers and other corporate workers.

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  Amazon begins layoffs; asks employees to 'find another job within two months'

  Business | November 16, 2022 16:31 IST

  Soon after the layoffs began, several Amazon employees took to LinkedIn and posted for new jobs, saying they have been asked to leave.

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  WhatsApp India head Abhijit Bose, Meta's Public Policy head Rajiv Aggarwal resign

  Technology | November 16, 2022 15:11 IST

  The company has given charge of Meta India Public Policy to Shivnath Thukral who is currently serving as Director of WhatsApp Public Policy in India.

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  After Twitter, Facebook, now Amazon plans to lay off 10,000 employees in coming days: Report

  Business | November 15, 2022 7:34 IST

  Amazon’s layoffs come just weeks after Twitter’s new owner billionaire Elon Musk reduced the social media’s workforce by half and Meta announced it will lay off 13 per cent of its workforce or 11,000 employees.

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  B2B e-commerce startup Udaan lays off 350 employees after raising $120 mn

  Business | November 06, 2022 14:33 IST

  Udaan's chief financial officer Aditya Pande wrote in an email that the total funds raised by Udaan through convertible notes and debt in the last four quarters have crossed $350 million, making it one of the largest structured instrument fund raises in the country.