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The year started off with the layoff note. Many Tech companies have sacked lakhs of employees. ...
According to a Bloomberg report, Consulting giant McKinsey amp Company is embarking on a rare roun...
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Microsoft-owned, AI-powered developer platform GitHub has sacked its entire engineering team operating in India. This has affected nearly 100 employees. Gergely Orosz, Tech writer has shared the information through a Tweet, “What I am hearing: GitHub’s India engineering team is no more. Yesterday, the complete dev team was let go at once. We’re talking of […]
The US and European banks are currently facing a financial crisis. This will adversely affect India’s many IT services companies including Tata Consultancy Services (TCS), Wipro, HCL, and Infosys. The reports suggested that the regional banks in the US account for 2-3 percent of their total revenue. However, TCS, Infosys, and Mindtree may have an exposure of 10-20 basis […]
There is no end to layoffs recently an American worldwide employment website, Indeed has sacked 2,200 employees roughly 15% of the workforce. The company’s severance package will have some additions based on role and location, but under the severance agreement employees will receive: Indeed CEO Chris Hyams wrote, “I am heartbroken to share that I have made […]
A leading global professional services company, Accenture will sack 19,000 employees which is nearly 2.5 percent of the company’s workforce. More than half of the layoffs would impact employees in its non-billable corporate functions. According to CNBC reports the layoff will be over a period of the next 18 months. CNBC-TV18 shared a tweet saying, “#NewsFlash | […]
An old email from Meta CEO Mark Zuckerberg wrote on September 22, 2010, in which he is asking a Facebook employee to “please resign” came out in public for the first time on Tuesday. The email was shared by Internal Tech Emails on Twitter. The email read, “Lots of you saw the TechCrunch story over […]
The year 2023 started on a layoff note many Tech companies have sacked lakhs of employees. So far in 2023, there have been 668 layoffs at tech companies with 184,850 people impacted (2,311 people per day). Amazon has recently announced the second round of layoffs. Amazon sacked 27,000 employees in the last three months. Recently, the company announced to layoff of 9000 […]
An American technology company, Amazon has said that the company is sacking 9,000 more employees in the next few weeks. The employees mostly in AWS, advertising, and Twitch will be impacted by the layoffs. Amazon CEO Andy Jassy shared the information in a blog post. The impacted employees will be provided packages that include a […]
Home renovation and interior platform Livspace is laying off employees as part of a cost-cutting exercise due to the ongoing funding winter. According to reports, Livspace has sacked at least 100 employees from across several teams. The layoffs have impacted 2 percent of the workforce from the product, engineering, content, and marketing teams of the […]
An Indian multinational corporation, Wipro has sacked 120 employees in the US over ‘realignment of business needs’. According to reports, Due to the layoffs, more than 100 of the impacted employees are from the processing agents. The remaining sacked employees are from the team leaders and team managers. These impacted employees are from the Tampa […]
Meta owning Facebook, Instagram, and WhatsApp recently announced plans to cut 10,000 jobs. It was the second wave of mass reduction from the tech company. The company earlier laid off 11,000 employees last November. As the company announced the layoff now employees have been sharing their experiences with layoffs. Recently two pregnant female employees shared their […]
250 employees of Tech giant google in Zurich have walked out in protest of colleagues’ layoffs. The IT union Syndicom is representing the employees and the walkout started at 11:00 am. The company employees want the officials to have a conversation with workers so that the alternatives to layoffs can be presented. A Syndicom spokesperson said, […]
Recently, according to several reports Tech giant, Microsoft has announced a third round of layoffs. The roles that are impacted in this round of layoffs are Supply Chain, Artificial Intelligence (AI), and the Internet of Things (IoT). The reports suggest that the company has shut down its AI-powered automation effort Project Bonsai and laid off the team. […]
