Layoffs Might Get Worse This Year, 98% Surge in US Layoffs Last Year Reports Claim
The report said, around 168,032 employees were laid off in 2023 with 73% increase from the last year.
Jan 23, 2024, 13:46 PM IST
Layoffs 2023: Nike To Sack Hundreds Of Employees
Facing a downturn in sales over the past year, Nike disclosed that the layoffs are a response to the need for organizational streamlining.
Dec 25, 2023, 16:57 PM IST
Layoffs 2023: Paytm Sacked 1,000 Employees In Cost-Cutting Measures
Reports from the Economic Times highlight that this series of layoffs, which have occurred over the past few months, is impacting over 10 percent of Paytm's entire workforce.
Dec 25, 2023, 10:36 AM IST
Third Wave Coffee Lays Off 120 Employees
One employee, who spoke to Moneycontrol on condition of anonymity, said that the layoffs were conducted randomly, with no written communication provided to affected employees.
Dec 15, 2023, 13:44 PM IST
From Twitter's Turmoil To Spotify's Shakeup: Engineer Faces Another Pre-Holiday Layoff - Read
In a message to the staff, Spotify's CEO Daniel Ek explained the job cuts as a measure to align the company's growth with capital costs.
Dec 05, 2023, 19:57 PM IST
Spotify To Layoff 1500 Employees, CEO Says 'Talented And Hard-Working People...'
Ek acknowledged the impact on individuals who have contributed significantly to the company, stating, "To be blunt, many smart, talented, and hard-working people will be departing us."
Dec 04, 2023, 16:43 PM IST
Byju's To Cut 4,000-5,000 Jobs In Business Restructuring Exercise
“Byju's new India CEO, Arjun Mohan, will be completing this process in the next few weeks and will steer a revamped and sustainable operation ahead,” the spokesperson added.
Sep 27, 2023, 08:42 AM IST
Cisco To Lay Off 350 Employees In Latest Job Cut Round
The company in November 2022 announced to slash about 5 percent of its workforce, around 4,000 jobs.
Sep 21, 2023, 12:53 PM IST
Low-Code Software Platform Airtable To Lay Off 27% Of Workforce
According to Liu, Airtable was caught up in the hiring frenzy that swept the tech world following the easy-money days that followed the COVID-19 lockdowns of 2021.
Sep 17, 2023, 14:30 PM IST
Google Lays Off Hundreds Of Employees In Global Recruiting Team: Report
“In order to continue our important work to ensure we operate efficiently, we’ve made the hard decision to reduce the size of our recruiting team,” a company spokesperson was quoted as saying in the report.
Sep 14, 2023, 09:27 AM IST
Streaming Company Roku Lays Off Over 300 Employees In 2nd Job Cut This Year
The workforce reduction is expected to impact approximately 10 percent of the company’s employees.
Sep 06, 2023, 20:20 PM IST
Ex-Worker Sues Goldman Sachs, Claims His Role Caused 'Mental Health' Issues
Ian Dodd, 55, former global head of recruiting at Goldman Sachs International, is suing the bank for one million pounds in London, according to court documents seen by the Financial Times.
Sep 06, 2023, 20:10 PM IST
Cybersecurity Firm Malwarebytes Cuts 100 Jobs Ahead Of Business Split
In addition, the layoffs come almost a year after Malwarebytes eliminated 14 percent of its global workforce.
Sep 03, 2023, 13:48 PM IST
Pegasystems To Lay Off Nearly 240 Employees In 2nd Job Cut This Year
"These will be go-to-market roles in order to simplify our client engagement approach and better support our business strategy," the company
added.
HackerRank Lays Off 53 Employees Amid Economic Uncertainty
Ravisankar wrote that the company’s financial performance “has not been good for quite some time” and “every one of us is trying super hard to turn it around and it's been a frustrating endeavour”.
Aug 27, 2023, 15:12 PM IST
Online Math Learning Platform Cuemath Lays Off 100 More Staff: Report
In May, the company had laid off about 100 employees to improve efficiencies amid a worsening global landscape for K-12 edtech.
Aug 27, 2023, 07:17 AM IST
Tech Companies Laid Off 226,000 Employees To Date, 40% More Than In 2022
The massive wave of layoffs has shut down hundreds of thousands of workplaces, turning 2023 into the worst year the tech industry has ever seen, according to data by AltIndex.com.
Aug 18, 2023, 21:04 PM IST
From Professional Home To Heartfelt Reflections: Dell Layoffs Remind 'Workplaces Aren't Your Homes', A Former Employee
While Dell had been her professional home for years, the former employee who worked there for 8 years emphasized that recent events had served as a reminder that our true homes are not our workplaces.
Aug 10, 2023, 13:38 PM IST
This Startup Fired 18 Employees But Extended Support in Finding New Jobs - Twitterati Reacts
Co-founder Jain went on to say that the corporation understands the laid-off workers' plight and has faith in their capacity to succeed elsewhere.
Aug 06, 2023, 08:40 AM IST
