IT Layoffs 2024

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 IST

Grand 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 IST

McKinsey & 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 IST

IBM 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 IST

Watch: 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 IST

Dating 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 IST

Tech 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 IST

Licious 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 IST

Bengaluru 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 IST

Payments 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 IST

Layoffs 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 IST

Salesforce 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 IST

Swiggy 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 IST

Flipkart 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 IST

Fintech 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 IST

Global 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 IST

Google 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