layoffs
- Technology
‘End of an era’: Google employee who got laid off after 19 yrs of service
New Delhi: A Google software engineer, who has been with the company for nearly two decades, has been laid off as part of the latest round of job cuts. Earlier this week,…
- Technology
Over 9K employees fired by video gaming firms in 2023
San Francisco: The video game industry saw several rounds of layoffs in 2023, affecting at least 9,000 employees globally. In September, Fortnite game developer Epic Games announced to lay off 16 per…
- Business
US clean tech unicorn Palmetto lays off employees in multiple job cuts
San Francisco: US-based clean-tech unicorn Palmetto has reportedly done multiple rounds of layoffs amid the market slowdown. Some of the jobs eliminated include operations strategy managers, coordinators and warehouse managers, according to…
- Technology
Paytm lays off employees as it implements AI-powered automation
New Delhi: Fintech leader Paytm has laid off several hundred employees from its operations, sales and engineering team, according to reports. A company spokesperson did not divulge the number of people affected,…
- Jobs
Over 35K lose jobs at Indian startups, job cuts to continue in 2024
New Delhi: More than 35,000 people have lost jobs at Indian startups in the last two years, and job cuts will likely continue unabated as we enter 2024. In 2022, more than…
- Technology
Not the right way to do it: Pichai on laying off 12K Google workers
San Francisco: After almost a year when Google announced the decision to cut 12,000 jobs, Alphabet and Google CEO Sundar Pichai has said that the decision to inform employees affected by the…
- Technology
TikTok parent ByteDance begins mass layoffs in gaming division
San Francisco: Bytedance, TikTok parent company, has started mass layoffs in its gaming division, and several Nuverse employees were awaiting their future, the media reported. According to TechCrunch, after two years of…
- Technology
Amazon lays off employees in India amid global churning in Alexa division
New Delhi: Amazon has announced to lay off “several hundred employees” from its Alexa division, including in India, amid a renewed focus on artificial intelligence (AI). The number of employees being impacted…
- Business
Employers budget less for pay raises, plan fewer promotions in 2024: Report
San Francisco: While layoffs in the global tech industry continue unabated, employers in the US are planning to budget less for salary raises next year, according to a new report. According to…
- Technology
Dunzo co-founder Dalvir Suri moves on amid mounting challenges
New Delhi: Homegrown quick-grocery delivery provider Dunzo’s co-founder Dalvir Suri has quit, as the company faces severe cash crunch amid delayed salaries and impending layoffs. Dunzo CEO Kabeer Biswas said that Suri…
- Business
Online math learning platform Cuemath lays off 100 more staff: Report
New Delhi: Online math learning platform Cuemath has laid off 100 more employees amid a challenging macroeconomic environment for edtech companies, the media reported on Saturday. Peak XV Partners (formerly Sequoia Capital…
- Business
Intel makes fresh job cuts, at least 140 laid off in US
San Francisco: Chip-maker Intel is laying off at least 140 more employees in the US to reduce costs — 89 employees at its Folsom R&D campus and 51 in San Jose, California.…
- Technology
Tech companies lay off 226,000 employees since January, 40% more than in 2022
New Delhi: Tech companies have laid off 226,000 employees so far this year around the world, almost 40 percent more than in 2022, a report showed on Tuesday. Although the tech industry…
- Technology
Cosmopolitan publisher Hearst lays off 41 ‘talented’ staffers across magazines
San Francisco: Hearst Magazines, which has publications like Cosmopolitan, Elle, Seventeen, Harper’s Bazaar and Men’s Health under its umbrella, has sacked 41 “talented” union staffers due to “company restructuring”. The employees impacted…