Tag: lay off

Relevel, an ed-tech platform run by Unacademy, has laid off 20 per cent of its workforce. This means almost 40 employees of the company...

Bounce, an electric 2-wheeler manufacturer and scooter rental company, has reportedly laid off around 5 per cent of its workforce, or about 40 to...

In mid-November, it was reported that Amazon, the technology and ecommerce giant, was planning to lay off as many as 10,000 employees in the...

With a dip in the sales of personal computers or PCs, Intel is reportedly planning to lay off a significant number of people, primarily...

To reduce costs, Alibaba, the Chinese tech major, has let go almost 10,000 employees. This is the Company’s response to poor sales and the...

Tesco, Britain’s supermarket chain, is looking at a major revamp of its operations, which may result in about 1,600 workers being rendered jobless. As...

Boston-based brand, Reebok is being sold to Authentic Brands Group (ABG) after years of existence under the German sportswear giant, Adidas. While Reebok is...

New Oriental Education, the after-school tutoring service provider of China, had to lay off 60,000 people in 2021 due to the restrictions imposed on...

The Kerala State Road Transport Corporation (KSRTC) has been considering getting rid of excess staff from across departments, as it lacks the financial strength...

As part of Boeing’s efforts to ensure efficiency by operating as a leaner and more streamlined organisation, The Company will will begin outsourcing information technology...

Deutsche Bank is deliberating moving from its bigger office in Wall Street, New York to a smaller office in Time Warner Centre near Central...

More employees are being asked by Delta Air Lines to go on indefinite unpaid leave as the slump in air travel deepens across the...

Dentsu International, the advertising and marketing unit of the Dentsu Group, will lay off about 6,000 employees from its existing workforce of 48,000, as...

With no hope of returning to pre-COVID levels of demand for at least another five years, German airline, Lufthansa, has decided to let go...

About 650 employees from the 1000-strong workforce of GVK-Emergency Management and Research Institute (EMRI) have been served termination notices quite unexpectedly, on September 11. Apparently...

Edelman, the American public relations and marketing consultancy firm, has announced job cuts. It will be laying of about seven per cent of its...

The pandemic has been taking its toll on businesses worldwide. The latest victim is the Indiabulls  Group, which is laying off over 2,000 employees...

Close on the heels of Uber laying off almost a quarter of its staff, cab aggregator, Ola, is also  asking nearly 1,400 employees to...

Ryanair, the Irish budget airline, is planning to slash 3,000 jobs, as it does not see demand picking up before 2022. It is also...

Around 600 odd employees at Hughes India may lose their jobs, if the crisis around Hughes India, a majority-owned subsidiary of Hughes Network Systems,...

Pick up the newspaper and there is bound to be at least one story about some organisation downsizing or slashing jobs in order to...

Sixty thousand employees may lose their jobs in the telecom sector by the start of 2019, as a result of consolidation activities, which are...