Toshiba Announces Layoffs, To Cut Around 5,000 Jobs
The manufacturer decided to restructure the workforce in Japan by seven percent, which amounts to around 5,000 job cuts.
Apr 18, 2024, 15:58 PM ISTGrand Theft Auto Maker Take-Two Announces Layoffs, To Cut 5% Workforce
Take-Two's workforce reduction is part of its broader cost-reduction efforts, which also include the cancellation of several ongoing projects.
Apr 17, 2024, 19:31 PM IST'Open To Anything,' Says Microsoft Worker Who Was Laid Off After 3 Decades Of Service
Bogdan, in his post, mentioned that his termination was the result of HR adopting the hub & spoke model for L&D which he was pitching.
Apr 17, 2024, 18:54 PM ISTMcKinsey & Co. Announces Layoffs; To Cut Around 360 Jobs
The reductions are part of McKinsey’s strategy to align the size of certain capabilities.
Apr 12, 2024, 16:46 PM ISTIBM To Announce Layoffs In Marketing And Communications Divisions: Reports
However, the exact number of affected employees was not disclosed.
Mar 14, 2024, 13:16 PM ISTWatch: YouTube Music Employee Informed About His Layoff During Live Speech In Council
The contractors were reportedly blindsided by the layoffs, which occurred shortly after they raised concerns about their compensation and benefits.
Mar 04, 2024, 16:14 PM ISTDating App Bumble To Layoff 30% Of Workforce
Following suit, as part of a reorganization plan, Bumble revealed intentions to lay off approximately 350 staff on Tuesday.
Feb 28, 2024, 13:34 PM ISTTech Layoffs Surges By 136% In 2024; Is AI To Blame? Check What Study Claims
Various factors contributed to this wave of layoffs, including mismanaged recruitments, struggles with ad revenue, and the overarching impact of a faltering economy.
Feb 10, 2024, 15:21 PM ISTLicious Is Latest To Join Layoffs Spree; To Cut 3% Of Its Workforce
The Bengaluru-based company, which boasted a workforce of around 3,000 employees as of January, stated that this strategic realignment is part of its efforts to streamline operations.
Feb 10, 2024, 11:17 AM ISTBengaluru Techie Laid Off A Day After Tweeting About Recession In Tech
Mohan, who worked as a programmer for Forma (formerly Twic), was unexpectedly laid off on February 8, merely a day after expressing his uncertainties about his career on Twitter.
Feb 10, 2024, 09:25 AM ISTPayments Firm PayPal To Reduce Global Workforce By 9% In 2024
"We are doing this to right-size our business, allowing us to move with the speed needed to deliver for our customers and drive profitable growth," Chriss wrote in the letter.
Feb 01, 2024, 14:02 PM ISTLayoffs 2024: Here's List Of Companies That Announce Job Cuts This Year
In both retail and tech, some companies are trimming their workforce after a period of increased hiring during the Covid-19 pandemic.
Jan 27, 2024, 12:50 PM ISTSalesforce Cuts Jobs: Around 700 Employees Affected In Latest Layoffs
In the most recent job cut within the tech industry, Salesforce is letting go of approximately 700 employees throughout the company.
Jan 26, 2024, 12:35 PM ISTSwiggy To Announce 2nd Round Of Layoffs Amid Cost-Cutting Measures
The layoffs are expected to predominantly affect the tech teams and a section of the customer care department, specifically the call center operations.
Jan 26, 2024, 10:14 AM ISTFlipkart Announces Annual Workforce Restructuring: 1,000 Employees To Be Let Go
As of now, Flipkart has a workforce of around 22,000 people based in Bengaluru, excluding employees from the e-commerce fashion portal Myntra.
Jan 25, 2024, 17:12 PM ISTFintech Firm Brex Is Latest To Join Layoffs Spree; Cuts 20% Of Jobs
The decision comes as part of a restructuring effort to transform Brex into a more agile and fast-moving company.
Jan 24, 2024, 15:28 PM ISTGlobal IT Firm Veeam Software Lays Off 300 Employees
A global leader in data management Veeam Software has reportedly laid off 300 employees. The senior campaign account manager posted this information on LinkedIn.
Jan 14, 2024, 19:41 PM ISTGoogle Layoffs Spree Continues; Planning To Cut Hundreds Of Staff From This Division
The exact number of personnel that are being laid off is not disclosed yet. Google Assistant debuted in 2016 to compete with Amazon's Alexa and Apple's Siri.
Jan 11, 2024, 11:38 AM IST