Page 2 of Jobs cut

Freshworks, Freshworks layoff, Freshworks job cut

Freshworks to cut 13% of global workforce amid restructuring plans

The company now expects its annual revenue to reach between $713.6 million and $716.6 million, up from the earlier forecast…

November 7, 2024 13:49 IST

unacademy, education, job cuts, edtech, start-up

Unacademy lays off 600 staffers

According to Tracxn, Unacademy had around 3,850 employees as of September last year. This number was around 42% lower than…

Updated: July 3, 2024 18:37 IST

In the March 2024 quarter, Paytm experienced a reduction in its sales employee headcount, declining by approximately 3,500 to 36,521 personnel compared to the previous quarter

Paytm cuts jobs as part of restructuring, facilitates outplacement support

Paytm did not disclose the specific number of employees affected by the restructuring

June 10, 2024 14:01 IST

This restructuring initiative translates to approximately 6% of Toshiba's domestic workforce being affected.

Toshiba announces to cut 4,000 jobs amid intensified restructuring efforts

Following delisting and takeover, Toshiba implements workforce reduction as private equity’s role in Japanese business comes under scrutiny.

May 16, 2024 21:50 IST

5 essential strategies to be financially ready for a job loss

The phase of being without a job is one of the most difficult times one can ever have. A proper…

November 15, 2023 09:30 IST

Google, Amazon and Snap announce fresh rounds of layoffs in the festive season. More job cuts coming

Notable tech giants such as Google, Amazon, and Microsoft, alongside smaller fintech startups and apps, have contributed to this unsettling…

November 14, 2023 14:49 IST

Dukaan lays off 90 per cent staff for AI bot, attributes decision to focus on profitability

Attributing the decision to prioritising profitability, he said customer support costs reduced by 85 per cent while resolution time went…

Updated: July 11, 2023 16:02 IST

Credit Suisse, Credit Suisse bankers, Bank, Finance, Credit Suisse staff, Resignation

Credit Suisse bankers leaving by the hundreds every week

Swiss newspaper Blick reported earlier on Wednesday that each day around 150 people worldwide were resigning from Credit Suisse while…

May 31, 2023 15:34 IST

Vodafone, layoff, CEO, financial year, performance, investment, restructuring, growth, cost-cutting

Vodafone axing 11,000 jobs as UK wireless carrier aims to cut costs, boost growth

Vodafone, one of the world’s biggest mobile phone companies by subscribers, made the announcement as it reported that its annual…

May 16, 2023 17:39 IST

companies, hiring, employment, employee, increment, replacement, new positions, jobs, jobs india, jobs cut

77 pc companies predict 2023-24 to have both replacements, new position hirings; These regions likely to see max hiring ratio

According to a report on Monday, nearly 77 per cent of Indian companies interviewed expect hiring to include both replacements…

May 16, 2023 11:38 IST

Koo, Twitter, Lay off, Job cut, Fund, Koo employees, Jobs

Koo fires 30% staff on funding crunch

The Tiger Global-backed company has laid off employees in two cycles from September to March, people in the know said.

April 21, 2023 02:30 IST

Unacademy appoints Anurag Tiwari as national academic director for Unacademy Centres

Senior Unacademy execs to take up to 25% pay cut

Gaurav Munjal, Unacademy’s co-founder and CEO, informed all employees via an internal note on Slack that the extent of the…

April 1, 2023 02:00 IST

layoff, Meta, efficient organisation, employees, discretionary spending, Mark Zuckerberg, discretionary spending, engineers, earnings report, Twitter layoff

More job cuts at Meta: Facebook parent plans to layoff thousands of employees this week

Meta’s plans for a fresh round of layoffs to cut thousands of employees this week, would follow a 13 per…

March 7, 2023 11:53 IST

twitter, layoff, cost cutting, Elon Musk, product managers, data scientists, engineers, Slack, Twitter Payments, Twitter Blue, ad targeting

Twitter running brakeless on layoffs: Terminates 10% of its remaining workforce in latest round of job cuts

The layoff impacted product managers, data scientists and engineers who worked on machine learning and site reliability, said the report…

February 27, 2023 11:43 IST

Alibaba, layoff, employees, job cuts, economic chill, macroeconomic factors, revenue, expenses, e-commerce, profit

Alibaba reduced workforce by 19,000 in Covid-challenged 2022

Alibaba reduced its workforce by about 19,000 employees last year. It let go of more than 4,000 workers in the…

February 24, 2023 15:13 IST

twitter, layoff, elon musk, Twitter employees, sales team, job cuts, corrective action, ad targeting, Google, India offices, cost cutting

Elon Musk at it again: Latest layoffs at Twitter hit sales team employees

Elon Musk has fired more employees from the firm across sales and engineering departments. Twitter had about 800 employees in…

February 24, 2023 13:52 IST

Meta, Job cuts, Facebook, Layoff, Employees, Jobs, Industry

Meta mulling for fresh round of job cuts, says report

Last year, the social media giant said it will let go of 13% of its workforce, or more than 11,000…

February 22, 2023 21:50 IST

layoff, global layoff, McKinsey & Co, Project Magnolia, compensation, partners, headcount, restructuring, Amazon, Microsoft, Google, LinkedIn, Yahoo, Del, slowdown, recession

McKinsey to cut about 2,000 jobs, move to help protect partners’ compensation pool – report

McKinsey & Co plans to eliminate about 2,000 positions. The move, under a plan being called Project Magnolia, is expected…

February 22, 2023 12:17 IST

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5 ‘dead’ voters turn up at BDO office after Bihar SIR, say, ‘Sir, we are alive’

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Five residents of Bihar’s Batsar village were wrongly marked as “dead” in the voter list for the 2025 assembly elections. Despite their efforts, their names were not reinstated until a social worker intervened. The BDO has promised to add their names back to the list. This is not an isolated incident, as 15 voters from another village also faced the same problem.

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