Explore the latest Layoffs news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
A leading global commerce company, Shopify has announced that it will lay off percent of its work...
The leading destination for short-form mobile video, TikTok has begun its process of laying off staf...
Ford Motor Company is planning to lay off nearly , employees in the coming weeks to boost funds ...
San Francisco-based online interior design services startup Modsy has shut down and laid off all of its employees. According to the reports, while the company’s website remains operational, its Twitter and Facebook pages have been deleted, and its Instagram account has been made private. However, the startup claims to have returned some service order charges and […]
A lifestyle brand focused on gaming content, esports, and apparel, 100 Thieves has laid off dozens of employees. The recent layoff are reported on July 13 the reasons yet unknown. The company has laid off several employees across both its social media and content teams in a major shakeup for the esports, media, and apparel company, including senior staff […]
Electric vehicle maker, Tesla has laid off 229 annotation employees from its Autopilot team and closed one of its offices in the US. Tesla laid-off employees from its San Mateo office which has employed 276 workers. The remaining 47 employees may be sent to work in Tesla’s Buffalo Autopilot office. According to reports, “Most of the […]
US-based autonomous vehicle technology startup, Argo AI layoffs about 150 employees as it makes adjustments to its business plans. The layoffs will be 5% of the Workforce. The company still has a global workforce of more than 2,000 employees. The company, backed by Ford Motor Co and Volkswagen AG, said “with incredible growth and progress […]
Cryptocurrency lending platform, Celsius has laid off 150 employees which are 25% of its workforce. The layoffs have been done as the global crypto market goes through its worst meltdown. Celsius has informed, “We are focused and working as quickly as we can to stabilise liquidity and operations, in order to be positioned to share […]
Telecom equipment supplier Parallel Wireless has laid off at least 500 employees in India, Israel, UK, and US. The ‘Huge firings’ at Parallel Wireless as CEO blames economic conditions. RIU Global Services Pvt. Ltd. confirmed the layoffs through a LinkedIn post and said, “Yesterday, Parallel Wireless announced the layoff of 500 employees. While this is disappointing news for […]
According to the US media reports, Electric vehicle maker, Tesla is closing its office in San Mateo, California. Estimated job cuts are nearly 200 as part of a broader cost-cutting effort. The employees involved reportedly worked on the analysis of data from the vehicles’ autopilot driver assistance system. Tesla CEO Elon Musk said in an interview that Tesla’s new […]
WhiteHat Jr, an Indian online educational technology company has laid off 300 employees due to cost cuts. This is the latest company among the startups globally to lay off its workforce due to the market downturn. This comes at the back of mass layoffs, restructuring, and shutdowns in the Edtech sector. The employees from the sales and […]
Business-to-business (B2B) e-commerce startup Udaan has laid off 5 percent of its workforce, or 180-200 employees. The company has termed the layoff as “unusual” and called it an “efficiency enhancement exercise”. Udaan said the layoffs have happened across various department functions. The company had an employee strength of around 4,000 before the layoffs. The company added that […]
The world’s leading streaming entertainment service, Netflix has laid off 300 employees which is about 4% of its workforce. Netflix in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers. Earlier, the company had laid off 150 workers due to slowing revenue growth. Netflix lays off 300 employees in […]
Amid CEO Elon Musk’s “woke mind virus” concerns, Electric vehicle company, Tesla has laid off both the President and a Lead involved in diversity and inclusivity programs at the company of its LGBTQ+ community. While they were let go as part of a broader wave of layoffs, it comes amid several comments CEO Elon Musk […]
Elon Musk on Tuesday said that Tesla will reduce its salaried workforce by 10 per cent over the next three months. Addressing the Qatar Economic Forum organised by Bloomberg, the world’s richest man said that the electric car-maker will cut salaries by 10 per cent over the next three months, as the company navigates the global […]
