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Swedish multinational networking and telecommunications company, Ericsson to sack , employees. T...
Amid the layoffs wave, American mobility service provider company, Uber will sack employees on the g...
An American multinational technology company,nbspGooglenbsplaid off employeesnbspfrom vari...
A global management consulting firm, McKinsey & Co is planning to cut about 2,000 jobs. This is in one of its biggest rounds of layoffs. The company’s job cuts could affect more than 4% of the workforce. McKinsey & Co currently employs nearly 44,000 employees. The headcount of the company has grown up from 28,000 […]
Layoffs are a tough decision for any company. However, there have been various companies that have been announcing layoffs. Now, the leading companies HP, Twitter, and MyGate sacking hundreds of employees. HP An American multinational information technology company, HP has announced that it will lay off around 100 employees in Israel. The company has cut major […]
A Swedish multinational networking and telecommunications company, Ericsson plans to cut about 1,400 jobs in Sweden. Additionally, Ericsson will be cutting more jobs that will be affecting several thousand people in other countries in the coming days. The company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of […]
An American multinational technology company, Google laid off 453 employees from various departments in India late at night on Thursday. As per reports, the employees from software developers, backend developers, cloud engineers, and digital marketers have been affected. Few of the employees took on LinkedIn to share their experiences. Recently in January, an American multinational technology company, Google […]
A multinational professional services network, and one of the Big Four accounting organizations, KPMG will sack 700 employees due to the economic slowdown of nearly 2 percent of its workforce in the United States. Initially, The job cuts were announced on February 15 by Carl Carande, Vice-Chair of KPMG’s US advisory business. A spokesperson for […]
According to reports, a business and employment-focused social media platform, LinkedIn will sack employees in the recruitment department. However, LinkedIn has not commented on the exact number of employees affected by the layoffs. Recently in January, Global tech giant Microsoft announced that it would sack about 5 percent or 10,000 of its workforce amid a […]
An American publicly traded Internet domain registrar and web hosting company, GoDaddy CEO Aman Bhutani has sacked 8 percent of its workforce. The employees are mainly impacted in the US. The affected employees are from multiple levels in the company and every division. Aman Bhutani, Chief Executive Officer, GoDaddy shared a LinkedIn post saying, “Earlier today, […]
An American multinational technology company, Yahoo is planning to sack more than 20% of its total workforce by end of the year. This is part of a major restructuring of its ad tech division. The Job cuts will impact 1,000 employees this week. However, the company is planning to layoff 50% of Yahoo’s ad tech employees by the end […]
According to the ET reports, a short-form video hosting service, TikTok has fired its entire India team. The company has fired 40 people. The move came almost after three years TikTok was banned in India. The app was banned in India along with 300 other Chinese apps over national security issues. The employees that were working […]
An American multinational, mass media and entertainment conglomerate, Disney will layoff 7,000 employees to make business more profitable. The layoffs represent an estimated 3.6% of the company’s global workforce. The effort of the company is to save $5.5 billion in costs and make its streaming business profitable. The company shifts its focus to its core brands and […]
An American communications technology company, Zoom has announced to sack 1300 employees or roughly 15 percent of the company’s workforce. Additionally, the Zoom CEO’s salary is to be reduced by 98%. The company hired employees as there was an increase in demand due to the pandemic. But as the pandemic is almost over the demand for […]
According to Bloomberg reports, An American-based technology company, Dell will sack about 6,500 employees which is about 5 percent of its global workforce. In a memo Co-Chief Operating Officer Jeff Clarke said, “The company is experiencing market conditions that “continue to erode with an uncertain future.” “We’ve navigated economic downturns before and we’ve emerged stronger. […]
