job cuts
Edtech Firm Cuemath Lays Off 100 Employees; Founder Returns As CEO
Banking - Published date: .
Edtech companies laying off employees to conserve cash and focus on profitability Read more
Lyft Plans Job Cuts, May Hit 30% Of Employees As It Struggles Over Profit
Banking - Published date: .
The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs Read more
McDonalds Cuts Pay Packages, Closes Offices Alongside Layoffs Across Chain
World - Published date: .
Fast-food chain offered some employees a chance to remain with reduced compensation Read more
After Hiving Off CodeChef, Unacademy Cuts 12% Staff
World - Published date: .
Those affected will receive, among others, severance pay equivalent to the notice period and one month’s pay Read more
McKinsey To Kickstart Layoffs This Week, 1,400 Jobs Cuts Likely: Bloomberg
Banking - Published date: .
Overall layoffs will amount to 3% of the workforce. According to Bloomberg, the company's workforce has risen to nearly ... Read more
No Mass Layoffs Are Happening At Company: Chief People Officer, Flipkart
Banking - Published date: .
Flipkart's decision to not offer hikes to senior management officials would not lead to any job cuts, said Krishna Ragha... Read more
Logitech Lays Off 300 Employees As Computer Accessories Sales Drop
Banking - Published date: .
Swiss technology firm Logitech has laid off 300 employees amid the challenging global macro-economic environment, the me... Read more
Ericsson Plans To Lay Off 8,500 Staff Worldwide To Reduce Expenses
Banking - Published date: .
This would be the largest layoff in the industry. Analysts predict that North America would likely be worst affected Read more
Facebook-parent Meta Planning More Layoffs, To Impact Thousands: Report
Banking - Published date: .
Last year, the social media giant said it will let go of 13% of its workforce, or more than 11,000 employees, as it grap... Read more
Risk Profiles: Startups, Tech Cos Face 20k Job Cuts In 6 Months
World - Published date: .
Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over... Read more
Aviation Giant Boeing To Slash 2,000 Jobs In Finance, HR This Year
Banking - Published date: .
Aviation giant Boeing is slashing 2,000 jobs in finance and HR verticals this year and the company outsources about a th... Read more
Amazon Job Cuts Hit Staffers In Grocery, Robotics, Payments, AWS Divisions
Banking - Published date: .
Amazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisio... Read more
IBM, SAP SE To Cut Thousands Of Jobs Globally Amid Tech Layoffs
Banking - Published date: .
Dow, EY also announce cuts Read more
3M Plans To Cut 2,500 Jobs Globally As Outlook Signals More Turbulence
Banking - Published date: .
3M shares dropped as much as 4.7% before the start of regular trading in New York Read more
Healthtech Unicorn Innovaccer Sacks 245 Workers, Second Job Cut In 5 Months
Banking - Published date: .
Innovaccer had said that its business fundamentals are still strong Read more
Ugly Truth Of Layoffs: Firms Invest Huge Resources To Rebuild Workforce
Banking - Published date: .
'Understaffing isn't always a result of management short-sightedness' Read more
Google Cuts Add To Tech Wipeout Thats Claimed Over 100,000 Jobs
World - Published date: .
Here’s a running list of the technology companies planning layoffs Read more
Google Cuts Add To Tech Wipeout That Has Claimed Over 100,000 Jobs
Banking - Published date: .
Big tech companies benefitted from boom in e-commerce sector that kicked off during Covid lockdowns in 2020 but now they... Read more
Morgan Stanley CEO Hints At Job Cuts With Headcount Under Review
World - Published date: .
Morgan Stanley Chief Executive Officer James Gorman suggested job cuts might be coming as senior executives assess headc... Read more
UK Retailer M&S Axes 7,000 Jobs On Coronavirus Fallout
Breaking - Published date: .
The job cuts, to be carried out over the next three months, include losses from its central support centre, in regional ... Read more