Following the collapse of SVB (Silicon Valley Bank), layoffs have ensued. Reports indicate that First Citizens Bank, the new owner…
Browsing: layoffs
Disney is currently undergoing its third wave of layoffs, resulting in significant job losses for its workforce. The number of…
Reliance, the owner of JioMart, an e-commerce platform, has recently terminated approximately 1,000 employees and is planning to further reduce…
According to data from Layoffs.fyi, as of May 2023, more than 197,000 employees had been laid off by 698 companies.…
BT Group, Britain’s broadband and mobile provider, announced its plan to trim its workforce by laying off up to 55,000…
Web services company Akamai Technologies has announced that it will be laying off nearly 3 percent of its global workforce,…
Teachmint Bengaluru-based Teachmint, an edtech startup, has conducted its second round of layoffs due to funding challenges, joining the growing…
Chinese owned Volvo Cars of Sweden, recently announced that it will be cutting 1,300 white-collar jobs in Sweden as part…
In an attempt to cut costs and increase margins, Cognizant, the IT services company is planning to lay off 3,500…
Morgan Stanley, one of the largest global investment banks, has reportedly announced plans to reduce its headcount by as many…
Lyft, a ride-hailing company and a competitor of Uber, is planning to lay off 1,072 employees, equivalent to 26% of…
As a part of company’s restructuring plans, Vroom has decided to reduce its workforce. In an internal assessment, the company…
Disney is set to begin its second phase of job cuts this week as part of its goal to eliminate…
F5 has declared its plan to cut its workforce by 9 per cent. Amid the unstable macroeconomic conditions, the US-based…
Is generative AI the villain responsible for the recent spate of layoffs? A complex question indeed. On one hand, there…
With layoffs taking place worldwide, are employees in India worried about job security? According to a survey, 57 per cent…
Layoffs have been hogging headlines since the beginning of 2023. Many big companies, including Google, Meta and Amazon and now…
As Richard Branson’s Virgin Orbit failed to secure long term investment following a failed launch in January, the company was…
Since the company’s failure to launch its satellite in January, Richard Branson’s satellite launch company, Virgin Orbit has not been…
Disney, one of the largest media and entertainment companies in the world, is set to embark on a difficult journey…
Walmart has been in the news lately for laying off several employees at its five e-commerce fulfillment centres across the…
Accenture, the IT multinational, has announced that it will be cutting approximately 19,000 jobs, that is, about 2.5 per cent…
The IT sector continues to witness layoffs as many leading players, including Meta, Credit Suisse, and Disney, cut jobs to…
Unhappy with the way Google recently laid of about 12,000 members of its workforce, Googlers have written an open letter…
Freshworks, a SaaS firm listed on Nasdaq, recently carried out another round of layoffs in its Indian and US offices.…
Of the over 1.8 lakh jobs that have been axed in the US this year, about 63,216 jobs are from…