Tag: recession
No hikes for Microsoft’s full-time staff this year?
With an aim to invest in long-term opportunity, Microsoft is trying to align its spending with revenue and customer demand. As part of this...
Will Amazon lay off 17,000?
It is true that Amazon had plans to reduce the size of its workforce. However, the number of job cuts may be more than...
Job cuts at Goldman Sachs too?
In addition to the yearly weeding out of underperformers, this year Goldman Sachs is going to lay off hundreds of people as it braces...
HealthifyMe cuts 150 jobs amidst recession fears
HealthifyMe, an Indian startup, has laid off 150 of its staff at a time when the world is expecting recession fears. In its statement...
Quess Corp crosses 5 lac active associate mark; witnesses highest growth...
Quess Corp, the business service providing company and amongst the largest employers in the private sector in India, has crossed the 5,00,000+ active associate...
Amazon to lay off 10,000 amidst increasing losses
That recession is looming large is quite certain now as there are reports of Amazon planning to ask about 10,000 of its employees to...
Meta to cut costs, freeze hiring, restructure groups
Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...
Only 3.5% joblessness in the US, 5.28 lakh jobs added in...
While recession has not set in yet, it may not be too far away either feel some experts. At a time when economists were...
Amazon has laid off 1 lakh
With Amazon realising it has more employees than it requires — having hired more during the demand surge due to the pandemic, and to...
Layoffs begin at Tesla
It hasn’t been long since Elon Musk, CEO, Tesla had expressed concern over the state of the economy and that a 10 per cent...
Coinbase to cut 1100 jobs
Coinbase, the global trading platform for crypto currency, has announced that it will lay off 18 per cent of its workforce, that is, about...
Australia to spend A$11.3 billion on infrastructure to create jobs
The Government of Australia is planning to spend an additional A$7.5 billion (US$5.4 billion) on infrastructure projects, in an attempt to create more jobs...
Singapore experiencing worst recession, highest unemployment rate in over 10 years
Ever since the global financial crisis in 2009, the unemployment rate in Singapore has not been this high. The first quarter saw the rate...
Indian Gen Zs are keen on learning rather than stability at...
The employers of today are familiar with Gen Z— a generation born between 1996 and 2010. Though many of them are still aged around...