Employees
- Technology
Alibaba lays off nearly 10K employees amid poor sales
Beijing: Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday.…
- Automobile
Ola may lay off 1,000 employees to ramp up EV plans
New Delhi: As Bhavish Aggarwal-led Ola aims to ramp up its electric vehicle (EV) business, media reports have claimed that the ride-hailing platform is laying off around 1,000 employees from across verticals.…
- Technology
Rivian bids goodbye to nearly 800 employees: Report
San Francisco: With an aim to ramp up future versions of its electric vehicles, electric car maker Rivian has confirmed that it is laying off around 6 per cent of its 14,000…
- India
Entry through backdoor: 217 govt employees in Assam may lose jobs
Guwahati: As many as 217 employees of Assam Fisheries Development Corporation (AFDC) Ltd may lose their jobs following allegations that they joined the corporation by adopting illegal means. The employees have been…
- Technology
Chinese app TikTok begins laying off people amid restructuring
New Delhi: Chinese short-video making app TikTok has started sacking employees worldwide as part of “a much larger re-organisation effort”. Owned by ByteDance and banned in India for last two years, TikTok…
- Technology
Online interior design startup Modsy shuts down, lays off employees
San Francisco: Online interior design services startup Modsy has quietly shut operations and several customers have been left with unfinished renovations and project orders in process. San Francisco-based Modsy has abruptly ceased…
- Technology
Twitter tells employees to ‘refrain’ from posting on Musk deal
San Francisco: Amid the high voltage drama happening ever since Elon Musk officially tried to pull out of his $44 billion agreement to buy Twitter, the microblogging site’s general counsel has told…
- Business
GameStop fires CFO, more employees in mass layoff
San Francisco: Video game retailer GameStop has terminated its Chief Financial Officer Mike Recupero, while sacking employees in another round of mass layoffs. The layoffs were happening at GameStop’s Texas headquarters, along…
- Technology
Ola likely to lay off up to 500 employees in cost-cutting exercise
New Delhi: As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is planning to lay off up to 500 employees across departments as it aims to cut cost…
- Technology
Crypto lending platform Celsius lays off 150 employees
New Delhi: Cryptocurrency lending platform Celsius has laid off 150 employees which is a quarter of its workforce, as the global crypto market goes through its worst meltdown. The platform last month…
- Technology
Over 60K startup employees stare at job loss as India prepares for 200 unicorns
New Delhi: As startups in India keep firing their staff to navigate through the ‘funding winter’ and more than 60,000 can lose their jobs in 2022 alone, the country is preparing to…
- Technology
Bitcoin trading platform Bitpanda lays off 250 employees
New Delhi: Global Bitcoin trading platform Bitpanda has laid off 250 employees amid the crypto winter as digital coins crash. Billionaire entrepreneur Peter Thiel-backed Bitpanda announced that it would be reducing its…
- Technology
Netflix bids goodbye to 300 employees in 2nd round of layoffs
San Francisco: After laying off several employees recently, popular video streaming platform Netflix has once again shown the exit door to an additional 300 employees in the second round of layoffs. According…
- India
Do employees prefer a four-day work week or flexible work hours?
Hyderabad: What is more preferred by employees in the country? Is it working on a project and not counting a number of hours or is it just a four-day work week executed…