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
Amazon Fires Hundreds Of Employees In Cloud Computing Division Layoffs
The latest move resulted in the termination of hundreds of employees across its physical stores' technology, sales, and marketing divisions.
Apr 04, 2024, 16:17 PM IST
Unilever To Spin Off Ice Cream Unit; To Cut Around 7,500 Jobs
On Tuesday, March 19, 2024, Unilever announced that it will separate its ice cream division, which includes popular brands like Magnum and Ben & Jerry's.
Mar 20, 2024, 15:42 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
Good News For Job Seekers! Elon Musk's Firm X Has Over 1 Million Openings
Upon clicking the provided link, users are directed to a page where they can easily search for available jobs.
Mar 07, 2024, 17:27 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
Nike Is Latest To Join Layoffs Spree, To Slash Over 1,600 Jobs
As of May 31, 2023, Nike employed approximately 83,700 workers globally.
Feb 16, 2024, 15:48 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
