Layoffs 2023

HackerOne To Lay Off 12% Of Workforce Due To Global Economic Slowdown

Mickos said the affected employees will receive severance packages, including cash compensation and non-cash benefits.

Aug 03, 2023, 20:11 PM IST

Job Cuts Drop 49% In US In June, Lowest In 7 Months

It is up 25 percent from the 32,517 announced in the same month one year prior, according to a report.

Jul 08, 2023, 11:11 AM IST

Over 2.12 Lakh Tech Employees Laid Off In 2023 1st Half, More Than 27K In India

In comparison, 1,046 tech companies laid off more than 1.61 lakh employees in 2022. In total, about 3.8 lakh tech employees have lost their jobs in 2022 and till June this year.

Jul 01, 2023, 15:34 PM IST

George Soros’ Foundation Lays Off 40% Of Workforce

It said the foundation would undergo “significant changes” to its operating model.

Jul 01, 2023, 14:52 PM IST

Business Software Major Anaplan Begins Mass Layoffs: Report

At least 119 employees were laid off at the company's San Francisco headquarters. According to the report, layoffs affected at least 300 employees overall.

Jun 24, 2023, 12:08 PM IST

Spotify Lays Off 200 Employees In Podcast Division

As part of the next phase, the company will combine Parcast and Gimlet into a renewed Spotify Studios operation that will continue to produce a wide range of original shows.

Jun 05, 2023, 23:27 PM IST

Rolls-Royce Set To Slash 3K Jobs To Streamline Business: Report

According to The Times, the new CEO Tufan Erginbilgic, who described the company as a "burning platform" that needs to reform to survive, has roped in consultants led by McKinsey to guide on how to streamline the company.

May 29, 2023, 12:28 PM IST

Meta May Fire 6K Workers In Its 3rd Round Of Job Cuts Next Week: Report

The exact number has not been confirmed, but it is expected that the company will lay off approximately 6,000 employees in this round.

May 19, 2023, 16:23 PM IST

On 55,000 Job Cut, BT Group CEO Says Plan Not Concocted In 36 Hours

The company is aiming to enable growth by transferring productivity and customer outcomes through digitising, automating, and reskilling its workforce.

May 19, 2023, 12:31 PM IST

Online Used-Vehicle Retailer Vroom Lays Off 11% Of Workforce

According to Automotive News, the company has tied the employee reductions to its pursuit of executing a long-term, cost-cutting-focused business plan it shifted to last year.

Apr 30, 2023, 15:18 PM IST

Software Firm F5 To Lay Off 9% Of Workforce

According to the company, the workforce reduction will affect employees from various regions.

Apr 23, 2023, 15:43 PM IST

Twitter Chief Elon Musk Apologises For Mocking Former Disabled Employee In Tweet Storm

Elon Musk and Haraldur Thorleifsson, a former Twitter employee were involved in a war of words.

 

Mar 08, 2023, 11:35 AM IST

Battling Depression After Losing Job? Warning Signs to Look out for, Dos and Don'ts - Check Expert's Advice

Tech-IT Layoffs in India: Job loss impacts our sense of self-worth and self-esteem, and this combined with financial worries, can lead to severe depression. With layoffs taking place in several offices in India like the rest of the world, a mental health expert tells us how to sail through these tough times.

Feb 03, 2023, 12:00 PM IST