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Layoffs are a tough decision for any company. However, there have been various companies that have b...
An Indian multinational educational technology company, Byjus has laid off nearly , emplo...
Due to economic uncertainty companies like Workday, Greater Noida industrial development authority, ...
An American multinational conglomerate holding company, FedEx has announced that the company is cutting more than 10% of its global management employees. The job cuts at FedEx are due to the shipping slowdown. This is the second round of layoffs at the company in less than a year. FedEx employs 550,000 employees globally. The following is a […]
Chip-maker Intel is laying off nearly 340 employees at one of its campuses in the US. However, the company has announced the layoffs through the Worker Adjustment and Retraining Notification (WARN) notice. According to the WARN Act requires employers to provide a 60-day notice to workers and state officials of mass layoffs. “All impacted employees […]
Fintech company, PayPal is planning to reduce its workforce by 7%, or about 2,000 employees as the firm is hit by the economic slowdown. PayPal President and CEO Dan Schulman said that these job reductions will occur over the coming weeks, with some organisations impacted more than others. The following message was shared with PayPal […]
Google recently sacked 12,000 employees across departments. The company CEO Sundar Pichai took responsibility for the layoffs. Although, Google promised to pay a severance package to all the impacted employees it has come as surprise for many employees. Dan Lanigan Ryan, a recruiter for Morgan McKinley at Google’s Dublin office, learned that he had been […]
A Dutch multinational conglomerate corporation, Philips will cut nearly 6000 jobs in a drive to improve profitability. The company plans to cut half of the jobs this year. However, the remaining half will be realized by 2025. Roy Jakobs, CEO of Royal Philips said, “2022 has been a very difficult year for Philips and our stakeholders, […]
According to Reuters Reports, One of the largest professional services companies, Ernst & Young (EY Germany) is planning to cut 40 partners and 380 staff. EY is looking forward to improving its profitability. The layoffs have affected the firm due to the Wirecard scandal in which the investors have witnessed billions of euros in losses. Additionally, German […]
Google layoffs: recently, a multinational technology company, Google parent Alphabet announced to sack 12,000 employees. Writing about Google layoffs on social media a Google software engineer has said that he was sacked by his employer just days after he returned to work following his mother’s death. Tommy York, Google, Software Engineer shared a LinkedIn post, “I was laid […]
IBM and SAP joined the cadre of IT giants planning to layoffs thousands of their employees this year. Both companies reported their respective fourth-quarter earnings ended on Dec. 31. The multinational technology corporation, IBM would lay off 3,900 employees 1.5 percent of its global workforce. On the other hand, SAP is planning to lay off […]
Recently, A multinational technology company, Google parent Alphabet announced the sack of 12,000 employees. The company has already sent the email to the employees in the US. The company is providing the following benefits to the affected employees:- However, Sundar Pichai the CEO of Google also wrote an Email to Employees stating that the company is […]
An American multinational technology company, Google parent Alphabet had announced to sack 12,000 employees. The company has already sent the email to the employees in US. The company is providing the following benefits to the affected employees:- SUNDAR PICHAI’S Email to Employees Googlers, I have some difficult news to share. We’ve decided to reduce our […]
Tech giant, Amazon is laying off more than 18,000 employees which was 80% more employees than previously planned. The company has also stopped corporate hiring across. Earlier, Amazon delayed the joining dates for some university graduates until the end of 2023 due to cost-cutting efforts. Earlier, The onboarding of the employees was expected to be completed by […]
An Indian multinational corporation, Wipro has sacked 452 fresher employees due to poor performance. Wipro fired the employees after taking an internal test. However, the company has waived the training cost spent on the employees. However, the company has not commented on the exact number of layoffs. As per the update the company laid off […]
