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An American multinational investment management and financial services company, Morgan Stanley will ...
An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hund...
Amazon is on the urge of the biggest layoff including top executives in the company since it was fou...
The tech-based Indian multinational Oyo Hotels and Homes Pvt. Ltd has announced a huge business restructuring leading to 600 job cut reducing 10% of its employee base. In a statement, Oyo said the firm is undergoing a transformational process to align its business more competitively. The statement by Oyo Chief Executive Office Ritesh Agarwal also […]
A leading job portal in India, Hirect has sacked nearly 200 people which is 40 percent of the total workforce. Hirect laid off these employees due to organizational restructuring and a strategic change in its business model. The company has become a victim of the slowdown in new hiring. The Co-founder and CEO of Hirect Raj […]
A leader in the furniture industry and one of the largest furniture producers in the United States, United Furniture Industries has laid off approximately 2,700 workers. Most of the sacked employees from the company live in northeast Mississippi. The laid-offs came just days before the Thanksgiving holiday. However, The company sent a memo via email and […]
According to PTI, the Railways has weeded out one “non-performer or corrupt official” every three days in the past 16 months, officials said. Two senior-grade officers were sacked on Wednesday, sources said. Around 139 officials from the Indian Railways have been asked for Voluntary Retirement Scheme (VRS). The Indian Railway has agreed on a salary […]
An American multinational information technology company, HP is planning to lay off nearly 4000 to 6,000 employees. This layoff is nearly around 12 percent of the company’s global workforce. HP currently employs nearly 50,000 people as of December 2021. The company has planned this layoff up till the end of fiscal 2025. “We had a […]
An American multinational technology company, Google is planning to fire nearly 10,000 employees. The layoffs will be on the grounds of ‘poor performance’. The layoffs are nearly 6% of the total workforce. Google will use a ranking system and the lowest-ranked employees are expected to be fired from the company. Since 2017 the company has […]
Indian multinational restaurant aggregator and food delivery company, Zomato has confirmed that the company is laying off under 3 percent of its staff across the organization. The company said that the layoffs are based on regular performance. Earlier, Zomato Ltd confirmed on Friday that its co-founder, Mohit Gupta has resigned from the company. Mohit resigned after about […]
An American-based multinational digital communications technology conglomerate corporation, Cisco will be laying off more than 4,000 employees. According to a report in Silicon Valley Business Journal, the company is laying off nearly 5 percent of its workforce. The company has described this as a “rebalancing” act while “rightsizing certain businesses.” Cisco Chief Financial Officer Scott Herren […]
An American multinational technology company focusing on e-commerce, Amazon has confirmed the layoffs at the company. However, The company did not reveal the exact number of employees laid off however as per the earlier reports 10,000 employees or 3 percent of its workforce were expected to be laid off. Impact on India Team These cuts […]
An American multinational technology company focusing on e-commerce, Amazon is planning to lay off nearly 10,000 employees. The layoffs will be starting as soon as this week. The employees will be affected in its corporate and technology sectors. This layoff will affect nearly three percent of Amazon’s corporate employees and less than one percent of its global […]
Microblogging and social networking company, after firing about 50 per cent of Twitter workforce, or about 3,800 employees, now Elon Musk has laid off over 4,400 contractual workers without Notice. Separate reports from Platformer and Axios have shared the information through a series of tweets saying, “company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 […]
According to reports, global e-commerce major, Amazon has announced that the company is freezing new hiring in its corporate workforce sighting due to uncertainty in the global economy. E-commerce major has told employees in some unprofitable units to look for jobs elsewhere in the company. However, the exact number is unclear. As per the WSJ report, the company will be moving to redeploy staff […]
