Layoffs
Disney To Give Pink Slip To 2,500 Employees In Third Round Of Layoffs
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The first round of layoffs began in March when Disney CEO Bob Iger announced three rounds of layoffs as the company aims... Read more
ZestMoney Sets Up New Leadership Team, A Day After Founders Resign
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ZestMoney's founders have resigned, several weeks after fintech giant PhonePe decided to halt its proposed acquisition o... Read more
Amazon Implements India Layoffs To Reduce Workforce Globally: Report
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The downsizing round is part of the layoffs announcement made in March by Amazon CEO Andy Jassy, which was expected to i... Read more
IT, Startup Hiring Hits Five-year Low
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The number of recruitment mandates from information technology (IT) and startup clients has dropped to the lowest level ... Read more
Lyft To Cut More Than 1,000 Jobs In Cost-cut Push
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Lyft will also eliminate more than 250 open positions and incur about $41 million to $47 million in costs related to sev... Read more
Lyft Plans Job Cuts, May Hit 30% Of Employees As It Struggles Over Profit
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The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs Read more
Social Media Platform Koo Laid Off 30% Of Staff In Recent Months: Report
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The spokesperson of the company said that dismissed employees will be supported by compensation packages, health benefit... Read more
Top Headlines: HDFC Bank Recommends 1900% Dividend, Sec 144 Imposed In UP
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Business Standard brings you top headlines at this hour Read more
Amazon, Google CEOs Hint At More Layoffs Amid Meltdown To Evaluate Business
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As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue ... Read more
What Led To Mass Layoffs In Tech Sector Globally And Who Was Affected?
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According to a report over 150,000 people have been affected by tech layoffs in 2022 alone, whereas, 68,500 new cuts wer... Read more
McDonalds Cuts Pay Packages, Closes Offices Alongside Layoffs Across Chain
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Fast-food chain offered some employees a chance to remain with reduced compensation Read more
Tips For Freshers Entering Startups In A Time Of Layoffs
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Here are some tips for freshers entering startups during times of layoffs says experts Read more
ZestMoney Set To Lay Off Around 100 Employees After Acquisition Deal With PhonePe Falls Through
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Bengaluru-based ZestMoney has announced plans to lay off around 100 of its employees, or roughly 20% of its workforce, a... Read more
Amazon.com Inc Lays Off About 100 Employees In Its Gaming Divisions
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Amazon has struggled to capitalize on its resources in gaming, including through its Crown channel, an entertainment sho... Read more
McKinsey To Kickstart Layoffs This Week, 1,400 Jobs Cuts Likely: Bloomberg
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Overall layoffs will amount to 3% of the workforce. According to Bloomberg, the company's workforce has risen to nearly ... Read more
Salesforce Considers More Job Cuts Amid Profit Push, COO Says
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Salesforce Inc. could see another round of job cuts while the company continues to focus on improving profitability, sai... Read more
US-based Roofstock Cuts Workforce By 27% In Second Round: Report
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The latest jobs cut comes 5 months after the fintech company laid off 20% of its staff Read more
Logitech Lays Off 300 Employees As Computer Accessories Sales Drop
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Swiss technology firm Logitech has laid off 300 employees amid the challenging global macro-economic environment, the me... Read more
Amazon To Cut 9,000 Jobs In Second Round Of Layoffs, Says Report
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Amazon said it is laying off 9,000 more employees in the next few weeks, mostly in AWS, advertising and Twitch, accordin... Read more
Weekend Work Inches Up In Era Of Layoffs, Out-of-office Shifts
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Now, working on the weekend is becoming more commonplace in some sectors as layoffs increase and workers seek time to fo... Read more