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A Viral picture shared by a Twitter employee shows his manager sleeping on the office floor at Twitt...
According to India Today, An Indian multinational educational technology company, BYJUs recen...
An Indian multinational educational technology company, Byjus is firing staff at its Bengalur...
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 […]
According to reports, Elon Musk said that he is planning to lay off nearly 75% of Twitter’s staff as he takes over the social media company. The reports said that job cuts are expected in the coming months, no matter who owns the company. However, Twitter’s current management has planned to lay off 25% of […]
The largest and most broadly based healthcare company in the world, Johnson & Johnson company has said that it will cut some jobs due to inflationary pressure and challenges created by the strong dollar. The company posted better-than-expected Q3 earnings. However, there will be various job functions that would be affected and layoffs will be due to a […]
An American multinational technology corporation, Microsoft has laid off nearly 1,000 people in a fresh round of layoffs. This is the third round of layoffs at the Big Tech firm since July. It is excepted that the layoffs will be across multiple divisions as the revenue of the company is expected to slow down in the […]
Bengaluru-based ed-tech startup FrontRow, a learning platform for non-academic skills has laid off 30 employees nearly 75 percent of its workforce. The company has sacked employees from the departments including the engineering, product, sales, and marketing teams. Ishaan Preet Singh, co-founder of FrontRow said, “We’re extremely proud of the team that got together to build the future of non-academic […]
An Indian multinational information technology company, Infosys has fired a few employees in recent months for moonlighting. However, the exact numbers are not mentioned. CEO Salil Parekh said, “If we have found employees doing work in two different companies, where there are confidentiality issues, we have let them go in the last 12 months.” However, Parekh also said […]
As per the company’s statement, A global ed-tech company, Byju’s will be laying off nearly 5 percent of the workforce or 2,500 employees. The company said the layoffs are a step to cut costs and achieve overall profitability. It added that lay off of employees will be across the departments to cut costs. The layoffs will not […]
An American multinational corporation and technology company, Intel Corporation is planning thousands of Job cuts due to a slowdown in the personal computer market. As per Bloomberg reports, the layoffs will affect nearly 20% of employees. The layoffs will be announced as early as this month and some of Intel’s divisions. The other departments that will […]
Peloton, US exercise, and fitness equipment company, CEO Barry McCarthy has announced to lay off nearly 500 employees. These Job cuts are 12 percent of the total workforce. Earlier, in August the company laid off roughly 780 employees. The previous layoffs were the result of several stores shut down and hiked prices on bikes and […]
Meta is reportedly conducting ‘quiet layoffs‘ at Facebook that may lead to thousands of job cuts — at least 12,000 or about 15 per cent of its workforce. According to a report in Insider, the senior executives are in the process of executing “quiet layoffs” of underperforming workers. Several employees told Insider that as much as 15 […]
