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A DIY platform that enables merchants with zero programming skills to set up theirnbspe-commerce s...
An American multinational technology corporation, Microsoft has recently laid off employees in a...
An Indian e-commerce company,nbspFlipkart is set to provide a one-time cash payout for its employe...
An Indian multinational steel-making company, Tata Steel has sacked 35 employees for breach of the ethical code according to TOI reports. Tata Steel chairman N Chandrasekaran said, “The company has made significant acquisitions in the last few years and initiated a drive for an open culture.” “Employee can express his or her concerns. It could […]
2023 is the year of layoffs, top leading companies have been laying off thousands of employees. Recently, KPMG has laid off 2,000 US workforce and Deutsche Bank to reduce 1700 jobs. KPMG has laid off 2,000 jobs One of the Big Four accounting organizations, KPMG is laying off 5% of its U.S. employees due to “economic […]
A transportation conglomerate, Uber is laying off 200 employees from its recruitment division. The layoffs are due to cross-cutting measures. As per the reports of Reuters, Uber is sacking 35 percent of its workforce from the recruitment team. Earlier, the company laid off 150 jobs in its freight services division. The reductions affect less than […]
OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reduction of approximately 800 jobs worldwide The company has started shutting down operations of its automotive unit, Olx Autos, in certain markets after exploring potential buyers and investors 6 months earlier, OLX’s planned to reduce its global workforce by 1,500 employees […]
A Bengaluru-based health tech Mojocare layoffs 80 percent of its workforce nearly 160 employees. The layoffs are to improve capital efficiency and unit economics. The company said in a statement said, “A majority of Mojocare investors initiated a review of the company’s financial statements. While the analysis remains ongoing, initial findings have uncovered financial irregularities […]
The Layoffs are never-ending recently Mamaearth’s Momspresso, Oracle and TrueCar have laid off several employees. India’s largest user-generated content platform for women, Mamaearth’s Momspresso has laid off 80–100 employees. As reported by The Hindu Business Line, it will impact the brand marketing vertical. In 2021, Mamaearth acquired a majority stake in the parenting platform Momspresso. Momspresso […]
An American company, Better.com have started the job cuts again and this time the company is laying off the entire real estate team. Better.com has laid off nearly 4000 employees in India and the United States. Last year in May 2022, the company gave its employees in India the option to quit. Due to this reason of […]
India’s largest ed-tech company, Byju’s is expected to lay off around 1,000 more employees in the fresh round of layoffs. As per the reports, The layoffs will be affecting the sales and marketing teams. The report also added that the company will be providing two months of salary as severance pay amidst a severe cash crunch. […]
An American social news aggregation, content rating, and discussion website, Reddit is laying off about 5 percent workforce. According to media reports, The company will sack nearly 90 people due to the global economic slowdown. According to reports, the company’s CEO Steve Huffman has informed the employees through an internal email to employees. The CEO wrote, “We’ve […]
Andrea Guzmán García-Luna, a former Meta employee has shared her experience and her struggles with mental health after being laid off by the company twice. Andrea Guzmán García-Luna shared a LinkedIn Post saying, “I’ve been laid off by Meta… TWICE. The first time was in February 2018 when the Instagram Community Team disintegrated. The second […]
Facebook’s parent company Meta has laid off employees in its business and operations units as part of its final batch of the three-round of layoffs. According to media reports, these layoffs are part of a plan announced in March to eliminate 10,000 roles. The layoffs at Meta have also included two top Indian executives. According […]
The year 2023 has become the worst year for tech employees. In the current year, nearly 2 lakh tech employees from Big Tech firms to startups have been sacked to date globally. The major layoffs in May are as below:- Apparently, major tech companies are laying off employees exponentially due to economic uncertainties. The move […]
