IT Layoffs 2023 | Zee News

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NewsIT Layoffs 2023

IT Layoffs 2023 News

IT Layoffs 2023

25 Dec 2023

Layoffs 2023: Nike To Sack Hundreds Of Employees

Facing a downturn in sales over the past year, Nike disclosed that the layoffs are a response to the need for organizational streamlining.

25 Dec 2023

Layoffs 2023: Paytm Sacked 1,000 Employees In Cost-Cutting Measures

Reports from the Economic Times highlight that this series of layoffs, which have occurred over the past few months, is impacting over 10 percent of Paytm's entire workforce.

24 Dec 2023

Year-Ender 2023: Take A Look At Layoff Landscape

05 Dec 2023

From Twitter's Turmoil To Spotify's Shakeup: Engineer Faces Another Layoff

In a message to the staff, Spotify's CEO Daniel Ek explained the job cuts as a measure to align the company's growth with capital costs.

Spotify Layoffs 2023

04 Dec 2023

Spotify To Layoff 1500 Employees, CEO Says 'Talented & Hard-Working People...'

Ek acknowledged the impact on individuals who have contributed significantly to the company, stating, "To be blunt, many smart, talented, and hard-working people will be departing us."

IT Layoffs 2023

27 Sep 2023

Byju's To Cut 4,000-5,000 Jobs In Business Restructuring Exercise

“Byju's new India CEO, Arjun Mohan, will be completing this process in the next few weeks and will steer a revamped and sustainable operation ahead,” the spokesperson added.

IT Layoffs 2023

21 Sep 2023

Cisco To Lay Off 350 Employees In Latest Job Cut Round

The company in November 2022 announced to slash about 5 percent of its workforce, around 4,000 jobs.

IT Layoffs 2023

17 Sep 2023

Low-Code Software Platform Airtable To Lay Off 27% Of Workforce

According to Liu, Airtable was caught up in the hiring frenzy that swept the tech world following the easy-money days that followed the COVID-19 lockdowns of 2021.

google layoffs 2023

14 Sep 2023

Google Lays Off Hundreds Of Employees In Global Recruiting Team: Report

“In order to continue our important work to ensure we operate efficiently, we’ve made the hard decision to reduce the size of our recruiting team,” a company spokesperson was quoted as saying in the report.

IT Layoffs 2023

06 Sep 2023

Streaming Company Roku Lays Off Over 300 Employees In 2nd Job Cut This Year

The workforce reduction is expected to impact approximately 10 percent of the company’s employees.

IT Layoffs 2023

03 Sep 2023

Cybersecurity Firm Malwarebytes Cuts 100 Jobs Ahead Of Business Split

In addition, the layoffs come almost a year after Malwarebytes eliminated 14 percent of its global workforce.

IT Layoffs 2023

02 Sep 2023

Pegasystems To Lay Off Nearly 240 Employees In 2nd Job Cut This Year

"These will be go-to-market roles in order to simplify our client engagement approach and better support our business strategy," the company added.

IT Layoffs 2023

27 Aug 2023

HackerRank Lays Off 53 Employees Amid Economic Uncertainty

Ravisankar wrote that the company’s financial performance “has not been good for quite some time” and “every one of us is trying super hard to turn it around and it's been a frustrating endeavour”.

IT Layoffs 2023

27 Aug 2023

Online Math Learning Platform Cuemath Lays Off 100 More Staff: Report

In May, the company had laid off about 100 employees to improve efficiencies amid a worsening global landscape for K-12 edtech.

23 Aug 2023

This Ex-Google Intern Earns Rs 1.2 Crore Per Year By Just Working 1 Hour A Day

This 20-year-old was a former intern at Google. Now, he is earning Rs 1.2 crore per year. As per the report, the techie is employed at Google.

Tech Layoffs 2023

18 Aug 2023

Tech Companies Laid Off 226,000 Employees To Date, 40% More Than In 2022

The massive wave of layoffs has shut down hundreds of thousands of workplaces, turning 2023 into the worst year the tech industry has ever seen, according to data by AltIndex.com.

Tech Layoffs 2023

10 Aug 2023

Dell Layoffs Remind 'Workplaces Aren't Your Homes', A Former Employee

An Ex-employee of Dell Technologies has shared a heartfelt reflection. Dell Technologies is planning to fire members of its key sales team: Reports. It is not yet known if these layoffs are in addition to or a part of the over 6,500 job losses that the company announced earlier in February.

Tech Layoffs 2023

06 Aug 2023

This Startup Fired 18 Employees But Extended Support in Finding New Jobs

Co-founder Jain went on to say that the corporation understands the laid-off workers' plight and has faith in their capacity to succeed elsewhere.

IT Layoffs 2023

03 Aug 2023

HackerOne To Lay Off 12% Of Workforce Due To Global Economic Slowdown

Mickos said the affected employees will receive severance packages, including cash compensation and non-cash benefits.

08 Jul 2023

Job Cuts Drop 49% In US In June, Lowest In 7 Months

It is up 25 percent from the 32,517 announced in the same month one year prior, according to a report.

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