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According to several media reports the top two leading IT firms Google and Microsoft lay off hundred...
According to Economic Times, Ola Electric is preparing to downsize its workforce by approximately ...
A multinational financial technology company, Paytm plans to cut ,-, jobs amid the crisis. T...
A former employee of Infosys, an Indian multinational IT company, shared a LinkedIn post from Kumar Shubham, who worked as a Senior System Engineer. In his LinkedIn post, Kumar Shubham alleged that Infosys has engaged in unfair layoffs. This post has since gone viral, sparking a wide array of reactions from the online community. Many […]
According to WSJ, Walmart is undergoing a significant restructuring, with plans to slash hundreds of corporate positions while urging many remote employees to transition back to office settings. Specifically, employees based in smaller offices located in Dallas, Atlanta, and Toronto are being directed to relocate to larger central hubs, including Walmart’s corporate headquarters in Bentonville, […]
Career website, Indeed plans to layoff approximately 1,000 employees, constituting around 8% of its workforce to streamline its organizational structure. Layoffs target specific departments, primarily R&D and Go-to-Market teams, with a heavier impact in the U.S. The restructuring spares certain groups and regions but signals a strategic shift. Indeed CEO Chris Hyams underscores the targeted […]
Air India Express has terminated nearly 25-30 employees after mass sick leave. Moreover, the remaining employees were given an ultimatum to join duty by 4 pm today. The termination letters issued read, “An overwhelming number of other cabin crew members have also reported sick and not reported for their duties. This clearly points to a […]
Luminar Technologies, known for its lidar sensors crucial for autonomous vehicles, has announced a significant workforce reduction of approximately 20%. Luminar Technologies is marking a pivotal aspect of its restructuring strategy for the current year. The company is undergoing a comprehensive reorganization effort. In addition to the workforce reduction, Luminar is actively exploring the option […]
Hemant Bakshi, who served as CEO of Ola Cabs has resigned from his services. He joined the company 4 months back in January 2024. As per the media reports, Bhavesh Aggarwal will assume responsibility for day-to-day operations, with a new appointment on the horizon to fill Bakshi’s position. His departure coincides with the company’s announcement […]
According to Inc 42, the World’s Largest AI Health & Fitness App, Healthify is slashing its workforce by 27% or nearly 150 employees. However, Healthify is committed to ensuring that those impacted by the restructuring are provided with the necessary resources and assistance to navigate this period of change with confidence and stability. During this […]
A leading kitchen and laundry appliance company, Whirlpool is planning to cut 1000 jobs worldwide in a restructuring move. According to Reuters, The company announced initial job cuts in March and anticipates implementing a second wave of reductions by early May. Whirlpool aims to trim up to $400 million in costs this year, the Wall […]
An American multinational automotive and clean energy company, Tesla has disclosed intentions to lay off 6,020 workers in Texas and California, aligning with its strategy to tackle waning demand and shrinking margins. Recently, Tesla revealed a reduction exceeding 10% in its worldwide workforce, attributing it to the strain of diminishing sales and escalating rivalry within […]
Nike has announced another round of layoffs to sack nearly 740 employees. On Friday, the company reported the layoffs to Oregon’s Office of Workforce Investments. In February, the company announced its plan to trim roughly 2% of its workforce, totaling over 1,600 positions. Nike told to KPTV, “We are always at our best when we’re […]
In 2024 the companies have been sacking employees; Toshiba to Cut 5,000 Jobs and on the other hand, and Google will also layoff employees. According to various media reports, Toshiba Corp. is allegedly considering to Layoff its Japanese workforce by 5,000 employees. The layoff will impact nearly 7 per cent of its total workforce in […]
Apple has indeed confirmed layoffs, affecting over 700 employees, following reports of the cancellation of two high-profile projects: the self-driving car initiative (Project Titan) and in-house Micro-LED display development. Under California’s Worker Adjustment and Retraining Notification (WARN) Act, companies like Apple are required to file notices for layoffs. These filings can provide insight into which […]
