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News
Layoff
Layoff News
Intel
10 Nov 2024
Intel Resumes Free Coffee, Tea Services After Laying Off 15,000 Employees
As part of its broader cost-cutting strategy, Intel focused on reducing expenditures across various non-essential areas.
Cisco
18 Sep 2024
Cisco Layoffs: Tech Giant To Cut 5,600 Jobs In Latest Round
Employees were only informed in mid-September, leading to nearly a month of uncertainty.
Goldman Sachs
31 Aug 2024
Goldman Sachs To Cut Up To 1,800 Jobs In Annual Review Process: Report
The layoffs which has already begun are expected to affect multiple divisions within Goldman sachs, according to the report.
Dell Layoff
07 Aug 2024
Dell To Layoff 12,500 Workers, Focus On AI Products And Services
The announcement sparked a wave of reactions on social media including LinkedIn and Reddit.
Elon Musk
15 Apr 2024
Elon Musk's Tesla To Reduce Over 10% Of Its Global Workforce
According to reports, the electric vehicle (EV) manufacturer concluded 2023 with a workforce of over 140,000 employees.
Bell Layoff
26 Mar 2024
Bell Layoffs: Hundreds Employees Laid Off In 10-minute Video Calls
Earlier, In February Bell revealed intentions to cut 4,800 jobs which is equivalent to approximately 9 percent of its workforce.
Layoff
26 Dec 2023
24 Workers Lost Jobs Every Hour In Last Two Years
Tech companies have fired more than 425,000 employees in the last two years. 1,178 tech companies have laid off 260,771 lakh employees this year globally. 582 employees lost their jobs every day in the last two years or more than 24 workers every hour.
Nike
26 Dec 2023
Nike To Layoff employees, Amidst Tepid Sales
Nike has announced to cut hundreds of jobs. Nike hasn’t witnessed a substantial sales surge in 2023. The share prices of Nike fell 10 percent after hours of trading.
Adda247
15 Oct 2023
Govt Exams-Focused EdTech Adda247 Cuts 250-300 Jobs Across Verticals: Report
Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 caters to the learning needs of millions of students from tier 2 and 3 cities. Meanwhile, edtech major Byju's has announced to lay off 4,000-5,000 employees in a “business restructuring exercise”.
Binance
13 Sep 2023
Binance To Sack Over 100 Employees, Ousts CEO Amid Fresh Layoff Round
Binance's Brian Shroder will be replaced by general counsel Norman Reed, who joined the company in December 2021, on an interim basis.
Khatabook
05 Sep 2023
MS Dhoni Backed Digital Lending Platform Khatabook Lays Off Over 40 Employees
People, who lost their jobs in the exercise, have been given standard severance packages, including three-months salary, among others, the report said, citing people aware of the matter.
Chingari
25 Aug 2023
Chingari Fires Up To 50% Of Workforce In 2nd Job Cut Round In 2 Months
The latest round of layoffs impacted employees from product, customer support, design and marketing teams, reports leading startup news coverage portal Inc42, citing sources.
Mark Zuckerberg
11 Aug 2023
Mark Zuckerberg, Wife Lay Off 48 Employees From Their Philanthropic Org
The impacted employees were offered a severance package which includes 16 weeks of base pay, continued health insurance and a $10,000 stipend, according to a report in The 74, a nonprofit news site co-founded by Meta’s vice president of media partnerships, Campbell Brown.
Microsoft
20 Jul 2023
Microsoft Slashes 1,000 Jobs, Mostly In Sales, Customer Services: Report
According to a report in Insider, citing sources, the new layoffs are beyond the 10,000 jobs that the tech giant planned to eliminate earlier this year.
Evernote
10 Jul 2023
This Company Has Laid Off Most Of Its Employees, Moves Operations To Europe
Evernote became one of the first popular note-taking apps when it was launched in 2008.
Amdocs
07 Jul 2023
Amdocs Lays Off 2,000 Employees In 2nd Job Cut Round This Year
In Israel where it was founded in 1982, Amdocs will slash 200 jobs, a reduction of approximately 4 per cent, according to a report in Israel-based website Calcalist.
paid holiday
07 Jul 2023
THIS Company Giving 9 Days Of Paid Leave To Employees To Rest And Recharge
Californian firm HackerRank announcing its company decision to give paid time off to its employees during the first week of July, i.e from 1st July to 9th July.
Google
05 Jul 2023
Google's Mental Health & Wellbeing Manager Loses Job After 10 Years Of Service
On January 20, Google CEO Sundar Pichai had confirmed in a letter to employees that about 12,000 people will be laid off globally, accounting for more than 6 per cent of the total workforce.
Pokemon GO
30 Jun 2023
Pokemon Go Game Niantic Lays Off 230 Workers, Cancels NBA, Marvel Games
In June last year, the Pokemon GO game developer had laid off eight per cent of its workforce, which was said to be around 85-90 jobs.
National Geographic magazine
30 Jun 2023
This 135-Year Old Magazine Lays Off Last 19 Staff Writers
The company said its future editorial work will be done by freelance writers and the few editors remaining on staff.
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