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An American multinational information technology services and consulting company, Cognizant India ha...
According to CNBC, an American cloud-based software company, Salesforcenbsphas laid off hundreds o...
An American multinational technology conglomerate, Meta has cut over , jobs, which is nearly ...
According to the Wall Street Journal reports Mark Zuckerberg-led Meta begins layoffs on Wednesday morning which will affect thousands of employees. According to reports, Meta’s head of human resources, Lori Goler, said “Employees who lose their jobs will be provided with at least four months of salary as severance, the WSJ reported, citing people familiar […]
Ed-tech firm, Unacademy has slashed 350 employees which are 10 percent of its workforce due to harsh economic conditions. According to an internal memo, written by Group cofounder and CEO Gaurav Munjal to employees,” I want to apologize to everyone sincerely since we made a commitment of no layoffs in the organization but the market challenges have forced us […]
The world’s largest peer-to-peer learning community, Brainly has laid off several employees globally including nearly 30 team members from its India team. The five retained employees from the Indian team have been working from home and working for the last five years. However, globally the exact number of layoffs could not be commented on. The company […]
The social media and technology company, Meta is planning to lay off thousands of employees this week. However, the exact number of people to be fired is still unclear. Facebook-parent, Meta will become the latest tech firm to scale back its workforce. Most recently, Twitter laid off thousands of its employees across the globe. The […]
A global professional services company and IT major, Accenture in India has fired a few employees as they presented fake documents and experience letters to obtain jobs with the organization. Accenture in India said in a statement, “We have discovered an effort to use documentation and experience letters from fraudulent companies to obtain offers of […]
India’s largest b2b eCommerce platform, Udaan has announced the second round of layoffs due to macroeconomic conditions. About 10% of the company’s 3000-permanent workforce will be impacted by the layoff. These layoffs will affect nearly 1,000 employees. However, the employees that are fired 300-350 were on the company payroll while the remaining are likely to be on […]
A Viral picture shared by a Twitter employee shows his manager sleeping on the office floor at Twitter’s San Francisco headquarters. The photo was taken after Elon Musk purchased Twitter. It was reported that the microblogging company, Twitter told its staff that the company has set tasks so that it can be seen who works hard in […]
According to India Today, An Indian multinational educational technology company, BYJU’s recently announced layoffs of 2,500 employees or 5 percent of its total workforce. There have been different reports circulating for the organization, According to the Karnataka State IT/ITeS Employees Union (KITU), Byju was firing staff at its Bengaluru headquarters. Followed by Byju’s employees met V Sivankutty, Kerala labour […]
An Indian multinational educational technology company, Byju’s is firing staff at its Bengaluru headquarters according to the Karnataka State IT/ITeS Employees Union (KITU). According to KITU Secretary Sooraj Nidiyanga, the company management has asked their employees to either voluntarily resign or face termination. Byju’s HR team is forcing its employees to resign. The company’s HR division is asking its […]
A digital transformation IT consulting & services company, Happiest Minds Technologies has said moonlighting is unacceptable for the company. The company has laid off a few employees engaged in dual employment who have been fired over the last 6-12 months. However, the company did not disclose the exact number of layoffs. In India, as per […]
A Dutch multinational conglomerate corporation, Philips has said that the company will lay off nearly 4,000 jobs. The job cut represents over five per cent of the company’s workforce. The reason behind the layoff is that the company is hit by a massive financial for faulty sleep respirators pushed it into a loss. The development of […]
Synapsica, a healthtech startup backed by Y Combinator has laid off nearly 30 percent of the workforce nearly 100 employees due to the citing market conditions. However, the company is providing two months of salary payouts to the laid-off employees. Moreover, the company will also be assisting them to find an opportunity. Synapsica was founded […]
