layoffs

New Delhi: Major companies like Amazon and Google are cutting thousands of jobs in the name of overhiring, restructuring, and cost-saving to improve business. Amazon reportedly let go of more than 27,000 employees until now, while Google…

New York: Meta Platforms Inc., the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people familiar with the matter. The world’s largest social…

New York: Google layoffs have affected not only humans but also robots. The search giant removed 12,000 employees or 6 per cent of their employees but this doesn't take the robots into account. Google's own subsidiary, aptly named 'Everyday…

Hyderabad: A Google India employee, hailing from Hyderabad, who worked as Digital media senior associate at the company, shared his ordeal of lay off on LinkedIn. In a lengthy post, the employee said how he ''skipped a heartbeat'', on…

New York: Despite promising in November 2022 that there will be no more layoffs, Elon Musk has fired more employees from Twitter, as per a report in The Verge. Tech site The Information first reported about layoffs hitting the sales team…

New York: Apple – which thus far avoided the mass layoffs that have claimed tens of thousands of workers at Amazon, Google, Meta and Microsoft – has quietly begun axing contractors, On The Money has learned. According to people with…

San Francisco: Entertainment giant Disney said it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to lead the company late last year. The layoffs follow similar moves by the US tech giants…

New Delhi: Communications technology firm Zoom will lay off some 1,300 employees or 15 per cent of its workforce, chief executive Eric Yuan said in the company's official blog on Tuesday. Calling the affected employees "hard-working,…

New York: IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter. Chief Financial Officer James…

New Delhi: BharatPe founder Ashneer Grover in a LinkedIn post said that he never had to fire people because of a bad market. Mr Grover said he always hired in a considerate manner. The ex-Shark Tank India judge commented on the mass layoffs…