layoffs
- Business
Tech layoffs, economic slowdown hamper office space demand in India
New Delhi: Global economic slowdown, tech layoffs and hybrid work have impacted gross leasing of office space in India, as flexible office space providers share reached almost at par with traditional tech…
- Jobs
Over 23K techies lose jobs in nearly 82 Indian startups to date
New Delhi: As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off by at least 82 startups in India, and the list is only growing, the…
- Middle East
Turkey bans layoffs, offers salary support in earthquake zone
Ankara: Turkey has launched a temporary salary support scheme and banned job cuts in southern provinces hit by the devastating February 6 earthquakes that killed over 42,000 people in the country as…
- World
KPMG to lay off about 700 employees in US
San Francisco: Global consulting firm KPMG is laying off 2 per cent of its workforce that will impact about 700 employees in the US, owing to a “sharp slowdown in its consulting…
- Business
71% Indian professionals confident to retain jobs in 2023 despite global layoffs
New Delhi: About seven in 10 (71 per cent) professionals in India are confident about keeping their jobs in 2023 despite the rough macroeconomic conditions and global layoffs, a report showed on…
- World
Indian-origin teen girl missing in US fearing family’s deportation amid layoffs
New York: An Indian-American teenager Tanvi Marupally has gone missing in the US and according to the local police, she ran away from home due to fear of her family being deported…
- India
GoDaddy CEO Aman Bhutani lays off 8% of workforce
New Delhi: Aman Bhutani, CEO of global web hosting platform GoDaddy, has announced to lay off 8 per cent of the workforce amid increasingly challenging macroeconomic conditions. In an email to employees,…
- Business
Disney to lay off 7K employees to cut costs: CEO
San Francisco: Entertainment giant Disney is laying off 7,000 employees to cut costs, its CEO Bob Iger has announced. During the company’s earnings call for its December quarter, he said the move…
- Business
Thousands of Salesforce employees just came to know they’ve been sacked
New Delhi: Several Salesforce employees just came to know that they have been fired, as the company began laying off 7,000 workers or 10 per cent of its workforce as announced earlier…