layoffs
- Jobs
Job growth in Indian IT sector slumps 25% amid layoffs
New Delhi: Due to corrections in hiring in the IT industry, job growth in the Indian IT sector has declined by 25 per cent this year as compared to last year, a…
- Business
Pinterest lays off about 150 employees amid cost-cutting measures
San Francisco: Photo-sharing social media platform Pinterest is reportedly laying off about 150 employees amid cost-cutting measures. The move affected less than 5 per cent of Pinterest’s total workers, reports Bloomberg, citing…
- Business
Why Apple’s Tim Cook has not cut workforce amid mass layoffs
San Francisco: As every Big Tech company has announced job cuts running into thousands, Apple is yet to do so and may not plan to terminate employees as it never hired at…
- Business
Philips to slash 6,000 jobs by 2025
London: Tech firm Philips on Monday said that it plans to cut 6,000 jobs by 2025, including around 3,000 this year, to enhance performance and drive value creation. In October, last year,…
- World
219 tech firms sack over 68K employees in January, deeper layoffs coming
New Delhi: The month of January started on a super bad note for employees in the tech world. With more Big Tech companies like Microsoft and Google joining the ongoing layoff season,…
- India
70-plus Indian startups show exit door to 21K techies, more expected
New Delhi: As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more to be given pink slips in…
- Business
CARS24 now says will hire over 500 after layoffs
New Delhi: After slashing around 600 jobs last year, pre-owned vehicle platform CARS24 on Friday said it will hire more than 500 employees across verticals in the next 3 months. The company…
- World
Enterprise application software major SAP slashes 3,000 jobs
London: Enterprise application software provider SAP on Thursday revealed it will lay off around 2.5 per cent of its global workforce, or 3,000 employees, amid the rough global macroeconomic conditions. The Germany-headquartered…
- World
Biden ‘personally’ understands impact of layoffs on family: White House
New York: With massive tech layoffs hitting Indians in the US, the White House has said that President Joe Biden “personally” understands how losing a job impacts a family. In the last…
- Jobs
Get prepared for deeper layoffs in 2023, predict business economists
San Francisco: Deeper layoffs are coming in 2023 as most business economists have predicted that their companies will cut payrolls in the coming months, media reports said. According to a report in…
- World
Jobless Indian IT professionals scramble for options to stay in US
Washington: Thousands of Indian IT professionals in the US, who have lost their jobs due to the series of recent layoffs at companies like Google, Microsoft and Amazon, are now struggling to…
- World
How Google’s layoff announcement different from other companies
Google’s parent company Alphabet recently announced layoffs of 12,000 employees, or about 6 percent of its workforce, globally. After the announcement, it joined the Big Tech league of Amazon, Meta, and Microsoft…
- Technology
Google’s parent company Alphabet to lay off 12K employees
San Francisco: Joining the Big Tech league of Amazon, Meta and Microsoft, Google’s parent company Alphabet is now laying off 12,000 employees, or about 6 per cent of its workforce, globally, the…
- Jobs
Job cuts deepen at chip-maker Intel, set to be completed by Jan 31
San Francisco: Chip-maker Intel is making deeper job cuts that will hit at least hundreds of employees in the Bay Area and nearby places in the US, the media reported. According to…
- World
Goldman Sachs lays off 3,000 staff after calling them for ‘7.30 a.m. business meetings’
Delhi: Global investment firm Goldman Sachs sacked more than 3,000 employees in disguise of business meetings as early as 7.30 a.m. and the meetings with senior managers were put on Google calendar…
