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Amazon is reportedly preparing for its largest workforce reduction in its -year history, with plan...
The global technology sector is facing yet another wave of job cuts as IBM becomes the latest major ...
According to the Scottish Daily Press and Journal. Deloitte is reportedly considering job reductions...
PwC has announced a significant reduction in its graduate hiring program in the UK, cutting 200 entry-level roles this year. The move brings the firm’s annual intake down from 1,500 to 1,300. The decision reflects the dual challenges of slowing economic activity and rapid technological disruption. PwC leadership cites productivity struggles and the growing influence […]
Healthtech startup Practo has sacked nearly 41 employees due to Performance Issues. “As always, we are and will remain fully committed to providing the requisite support to all employees who may be impacted,” said Practo, in a statement. The company has terminated the employees based on the performance management and planning process. However, the company is […]
According to the reports of the Business Standard, Both the tech companies Google & Amazon have recently announced the sack of thousands of employees. However, the companies are offering salaries so they leave voluntarily. Google Speaking about the geographical bifurcations in Europe mass layoffs are not possible due to labor protections. Prior to the layoffs, […]
The e-commerce technology company, Amazon has recently announced to sack more than 100 employees from its gaming division. The company is ongoing efforts to restructure and streamline its operations resulting in layoffs. The company’s Games VP Christoph Hartmann wrote a memo to staff and informed them about the job cuts. Christoph Hartmann wrote, “After evaluating […]
Layoffs are a tough decision for any company. However, there have been various companies that have been announcing layoffs. According to trueup.io, so far in 2023, there have been 379 layoffs at tech companies with 113,082 people impacted (3,231 people per day). However, In 2022, there were 1,535 layoffs at tech companies, and 241,176 people were impacted. The actual reason behind the layoffs in the […]
Intel offering 3 months of unpaid leave to employees as a result of cost-cutting measures. The chipmaker company is also laying off its employees to curb losses. Factory and manufacturing workers globally are being given time off options as a step to retain their talent base. In the aftermath of macroeconomic conditions, this aggressive […]
India’s leading health tech start-up, HealthifyMe announced the layoff of 142 employees. The step is taken as a matter of growing concern for the firm to manage its cost. The firm also offered 2 months’ package to separated employees with 2 weeks per year worked at the firm. The firm is undergoing an evolution with […]
Adobe has reportedly laid off 100 employees but the firm confirms that the layoff is not companywide. The organization carried out the layoff process to reduce its expenses. Quick insights As per the 2022 financial reports of Adobe, the firm hired 28,700 workers. Adobe said that the company made a transition to support critical initiatives […]
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 […]
