Layoffs Impact At Least 8,000 Individuals In India In 2024 As Firms Cut Down Jobs To Reduce Costs
4 months, 3 weeks ago

Layoffs Impact At Least 8,000 Individuals In India In 2024 As Firms Cut Down Jobs To Reduce Costs

ABP News  

Recent data revealed that 32 companies in India have cut down jobs for at least 8,000 people in India till August in the year so far. Layoffs.fyi, a start-up that tracks layoffs across the tech industry globally, found that the highest number of layoffs in the country came from Paytm which announced a job cut for at least 3,500 employees in June, reported The Quint. Media reports recently stated that India’s biggest conglomerate, Reliance Industries let go of 11 per cent of its workforce or 42,000 employees to help cut down costs for the company. Google let go of nearly a thousand employees in January, while Amazon also announced a job cut for several hundred individuals.

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History of this topic

US jobs market to be hit with massive layoffs in 2025 amid HMPV virus fears? Experts warn ‘not everyone will have….’
2 days, 21 hours ago

US jobs market to be hit with massive layoffs in 2025 amid HMPV virus fears? Experts warn ‘not everyone will have….’

Hindustan Times  

While the US economy recovers from the shock of the coronavirus pandemic, experts have warned that not everyone will have job security in 2025. US jobs: Workers in a variety of industries received more blows in the closing months of 2024, with several layoff declarations for 2025. Amazon, Boeing and Spirit Airlines announce job layoffs Workers in a variety of …

12 Major Layoffs In 2024: Tesla, Google, Dell, Cisco, Intel, Microsoft And More
3 weeks, 4 days ago

12 Major Layoffs In 2024: Tesla, Google, Dell, Cisco, Intel, Microsoft And More

ABP News  

Major Layoffs In 2024: Layoffs have been the talk of the town for the whole of 2024; big firms and small start-ups across the sector and worldwide have announced layoffs this year, leaving employees in a difficult situation. Siemens Layoffs German tech giant Siemens also said that it is considering cutting up to 5,000 jobs globally in its factory automation …

Airbus Layoffs: Firm To Fire Over 2,000 Employees In Defence And Space Division
1 month ago

Airbus Layoffs: Firm To Fire Over 2,000 Employees In Defence And Space Division

ABP News  

Airbus Layoffs: Airbus announced that it would eliminate over 2,000 jobs in its Defence and Space division, representing about 5 per cent of the workforce, as it grapples with increased competition from US companies in the satellite sector. Of the 2,043 total job cuts, over half—precisely 1,128 positions—will be in the Space Systems business, which has faced significant losses in …

Layoffs Bloodbath In Big Tech Impacts 150,000 Jobs In 2024 As Industry Suffers: Report
1 month ago

Layoffs Bloodbath In Big Tech Impacts 150,000 Jobs In 2024 As Industry Suffers: Report

ABP News  

The tech industry in 2024 has undergone a major wave of layoffs, with big players in the sector trimming their workforces to streamline their operations. About 150,000 employees have lost their jobs across major firms such as Tesla, Cisco, Microsoft, SAP, and Intel, a report by The Times of India revealed. Intel The tech giant announced that it will trim …

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
1 month, 3 weeks ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

Layoffs in tech industry seem to be far from over
1 month, 4 weeks ago

Layoffs in tech industry seem to be far from over

Hindustan Times  

The technology sector’s employment woes have deepened in 2024, with companies across the spectrum announcing fresh layoffs, indicating the trend that began two years ago shows no signs of abating. This both validates the opportunity we’ve been pursuing and underscores the need for even more urgency, even more aggressive investment, and decisive action,” Dropbox CEO Drew Houston said in a …

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts
2 months ago

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts

India Today  

As we near the close of 2024, the wave of layoffs in the tech industry shows no sign of slowing down. Following the mass job cuts announced in 2022 and 2023, tech companies have continued to announce additional layoffs throughout this year amid economic pressures, shifting strategies, and the impact of technological advancements like AI. According to Mozilla, the layoffs …

27,000 techies laid off across the globe in August, highest since January 2024
4 months ago

27,000 techies laid off across the globe in August, highest since January 2024

Deccan Chronicle  

Hyderabad: The layoffs in tech companies has witnessed a surge in August, since January 2024. On August 1, Intel CEO Pat Gelsinger announced plans to cut around 15,000 jobs, representing 15% of its workforce. German chipmaker Infineon announced on August 5 that it would cut 1,400 jobs globally, with an additional 1,400 positions being relocated to countries with lower labor …

Tech Industry Sees Layoffs Surge To 27,000 In August, Highest Since January; Here Are The Details
4 months ago

Tech Industry Sees Layoffs Surge To 27,000 In August, Highest Since January; Here Are The Details

ABP News  

The tech industry experienced a major increase in layoffs in August 2024, reaching its highest level of job cuts since January of this year. The surge in layoffs is primarily attributed to substantial reductions at prominent industry leaders like Intel and Cisco, which contributed significantly to the overall increase in job losses. Intel Layoffs Intel spearheaded the wave of layoffs …

Apple Layoffs: iPhone Maker Fires 100 Employees In THIS Department; Check Details
4 months, 1 week ago

Apple Layoffs: iPhone Maker Fires 100 Employees In THIS Department; Check Details

ABP News  

Apple Layoffs: Apple has reportedly reduced its workforce by around 100 positions within its digital services group, signalling a shift in priorities for this key division, according to a Bloomberg report citing sources. The layoffs predominantly affected the team behind the Apple Books app and Apple Bookstore, with further reductions also impacting other service teams, such as Apple News. Layoffs …

Tech layoffs: Dell fires 12,500 employees- 10% of global workforce- in AI shift
5 months ago

Tech layoffs: Dell fires 12,500 employees- 10% of global workforce- in AI shift

Hindustan Times  

Dell announced a major reorganisation of its sales division which included layoffs aimed at modernising operations at the computer giant to increase focus on artificial intelligence. Dell informed employees of these changes in an internal memo sharing plans to centralise sales teams and create a new AI-focused sales unit, Business Insider reported. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The company has not …

Tech Layoffs Continue Worldwide In July, See How Many Indians Felt The Impact
5 months, 1 week ago

Tech Layoffs Continue Worldwide In July, See How Many Indians Felt The Impact

ABP News  

The tech industry has been going through a wave of layoffs and the reduction in workforce has continued in July as well. The data showed that in the year so far, as of July 30, 2024, about 1,90,049 people were let go of from about 380 companies across the world, reported The Indian Express. July began with US-based software firm, …

India's top 5 IT firms continue headcount decline for 7th straight quarter
5 months, 1 week ago

India's top 5 IT firms continue headcount decline for 7th straight quarter

Business Standard  

TCS led the ranking with total 606,998 employees, while Infosys came in second with 315,332 employees For the seventh consecutive quarter, India’s top five IT services firms have experienced a decline in headcount. The news report quoted Deepti S, business head of technology staff augmentation at staffing company Xpheno saying, “The gradual slowdown of the degrowth with the quantum of …

Intel Layoffs: Tech Firm Plans To Fire Thousands Of Employees, Says Report
5 months, 1 week ago

Intel Layoffs: Tech Firm Plans To Fire Thousands Of Employees, Says Report

ABP News  

Intel Layoffs: Intel reportedly plans to cut thousands of jobs as part of a cost-cutting strategy to support the critical initiative of recovering from recent earnings declines and market share losses. Intel’s Chief Executive Officer Pat Gelsinger is investing heavily in research and development to improve the firm’s technology and restore its leading position in the semiconductor industry. Under Gelsinger's …

Salesforce Layoffs: Firm Fires About 300 Employees Amid Restructuring, Says Report
5 months, 3 weeks ago

Salesforce Layoffs: Firm Fires About 300 Employees Amid Restructuring, Says Report

ABP News  

Salesforce Layoffs: Salesforce has reportedly laid off about 300 employees as part of a larger initiative to optimise operations, highlighting the tech industry's ongoing emphasis on cost management. Although constituting a small fraction of the company's overall workforce, these job cuts are the most recent illustration of the tech industry's efforts to manage costs after years of extensive hiring. Intuit …

Microsoft layoffs: Fresh job cuts across verticals at Satya Nadella company for ‘growth’
6 months ago

Microsoft layoffs: Fresh job cuts across verticals at Satya Nadella company for ‘growth’

Hindustan Times  

Microsoft said that it held another round of layoffs this week after reports claimed that the new job cuts will impact various teams and locations across the company. However, the Satya Nadella company has not disclosed the number of employees that have been impacted in the latest round of job cuts. Microsoft CEO Satya Nadella speaks during the Microsoft Build …

Major Layoffs In June 2024: Google, Meta, Microsoft, Ola Electric, Yes Bank And More
6 months, 1 week ago

Major Layoffs In June 2024: Google, Meta, Microsoft, Ola Electric, Yes Bank And More

ABP News  

Major Layoffs In June: Layoffs have become increasingly prevalent across various sectors as companies are grappling with economic uncertainties, shifting consumer demands, and operational challenges exacerbated by the ongoing global situation. In June 2024, widespread layoffs impacted thousands of employees worldwide, spanning from tech giants like Google and Meta to companies across various other sectors. Google Layoffs Alphabet, Google's parent …

More job losses? 10,000 freshers from major IT firms Infosys, Wipro and TCS await onboarding: Report
6 months, 3 weeks ago

More job losses? 10,000 freshers from major IT firms Infosys, Wipro and TCS await onboarding: Report

Live Mint  

India's major IT sector is causing major onboarding delay issues for freshers. The IT employee union Nascent Information Technology Employees Senate data revealed that at least 10,000 freshers who were offered jobs in the past two years have not yet been onboarded by IT companies, Times of India reported. As per the report, Harpreet Singh Saluja, the President of the …

25,000 Female Employees Exit Top IT Firms On FY24, Reveals New Study
6 months, 4 weeks ago

25,000 Female Employees Exit Top IT Firms On FY24, Reveals New Study

News 18  

A recent study indicates a decline in the female workforce in the country’s top IT companies amid the high attrition rate in the industry. Around 25,000 female employees have exited top IT firms, including TCS and Infosys, in the financial year 2023-24, according to a study by staffing firm Xpheno. The drop in the number of female employees was reported …

Google And Microsoft Layoffs: Both Tech Giants Cut Up To 1,000 Employees Across Teams
7 months ago

Google And Microsoft Layoffs: Both Tech Giants Cut Up To 1,000 Employees Across Teams

News 18  

The tech layoffs continue in 2024 with Google and Microsoft cutting up to 1,000 jobs from different divisions of their teams. According to latest reports, the Google Cloud business has handed over the pink slips to around 100 employees, while Microsoft has gone deeper into its decision by asking around 1,000 employees to exit the company. Google has already conducted …

Google Layoffs: Tech Giant Fire Nearly 100 Employees From Cloud Division, Says Report
7 months ago

Google Layoffs: Tech Giant Fire Nearly 100 Employees From Cloud Division, Says Report

ABP News  

Google Layoffs: Alphabet, Google's parent company, is reportedly laying off multiple employees across several teams within Google’s cloud division, which is one of its fastest-growing sectors. Individuals familiar with the matter told the publication that some of those affected by the layoffs had been involved in planning and executing Google's annual event, Google Cloud Next, which took place in mid-April. …

Silent layoffs in Indian IT sector affect over 20,000 techies: Which companies cut most jobs?
7 months, 1 week ago

Silent layoffs in Indian IT sector affect over 20,000 techies: Which companies cut most jobs?

Hindustan Times  

India’s IT sector laid off around 20,000 techies during the calendar year 2023, in a manner known as a “silent layoff,” according to data shared by All India IT & ITeS Employees' Union, as reported by Moneycontrol. A “silent layoff” refers to a situation where employees are let go or have their employment terminated in a discreet or unannounced manner, …

‘Quiet Firing’: Are Indian IT Firms Taking The Silent Route Of Layoffs?
7 months, 1 week ago

‘Quiet Firing’: Are Indian IT Firms Taking The Silent Route Of Layoffs?

ABP News  

Some Indian companies, especially those in the IT services field, are letting employees go without making much noise about it, or they can say they are implementing ‘silent sacking’ or ‘quiet firing, ' according to an association. Layoffs pose a substantial financial burden for companies, as they are required to offer severance packages to affected employees, states a report by …

Over 20,000 techies lost jobs in 'silent layoffs’: AIITEU
7 months, 1 week ago

Over 20,000 techies lost jobs in 'silent layoffs’: AIITEU

New Indian Express  

BENGALURU: More than 20,000 employees in the IT/ITeS industry have lost their jobs in ‘silent’ layoffs in FY24 alone, according to the All India IT & ITeS Employees’ Union. “This is just the tip of the iceberg and there are many other problems in the industry, including delayed onboarding, no payment for overtime, no local point of contact for employees …

Paytm layoffs: Company may cut jobs of 5,000-6,300 employees amid crisis
7 months, 2 weeks ago

Paytm layoffs: Company may cut jobs of 5,000-6,300 employees amid crisis

Hindustan Times  

Paytm layoffs: Paytm parent company One97 Communications may cut jobs to reduce its employee costs this fiscal year, it was reported. The company may cut around 15-20 per cent of its workforce, Financial Express reported. Paytm layoffs: Paytm founder and CEO Vijay Shekhar Sharma during an event in Mumbai, How many employees does One97 Communications have? The company's revenue from …

Indeed layoffs: Careers site cuts jobs of 1,000 workers, CEO says ‘sorry’
7 months, 3 weeks ago

Indeed layoffs: Careers site cuts jobs of 1,000 workers, CEO says ‘sorry’

Hindustan Times  

Careers site Indeed is laying off about 1,000 employees- 8% of its workforce- it said, with the aim to simplify its organization. The company's CEO Chris Hyams took responsibility for the job cuts and said that the firm is still not set up for growth after last year's global slowdown in hiring resulted in declining sales. Indeed layoffs: The latest …

Google Layoffs: Here's What CEO Sundar Pichai Told Employees About Job Cuts
7 months, 4 weeks ago

Google Layoffs: Here's What CEO Sundar Pichai Told Employees About Job Cuts

ABP News  

In 2024, Google implemented a series of layoffs affecting thousands of employees, mirroring the large-scale layoff of 12,000 employees witnessed in 2023. According to a report by CNBC, during an all-hands meeting, Google CEO Sundar Pichai fielded questions from concerned employees regarding these workforce reductions. Pichai assured employees that, barring unforeseen changes, the scale of layoffs in the latter half …

Tech Layoffs: Over 80,000 Employees Lose Jobs Across 279 Firms In First 4 Months Of 2024
8 months ago

Tech Layoffs: Over 80,000 Employees Lose Jobs Across 279 Firms In First 4 Months Of 2024

ABP News  

Tech Layoffs: The technology sector is grappling with a persistent wave of layoffs, which do not seem to be stopping anytime soon. Over the first four months of this year, the sector has seen a significant workforce reduction, with over 80,000 employees reportedly losing their jobs around the world. According to the most recent data from layoff.fyi, a platform dedicated …

80,000 tech employees lost jobs across 279 firms in 2024 so far: Report
8 months ago

80,000 tech employees lost jobs across 279 firms in 2024 so far: Report

India TV News  

It was reported that more than 80,000 employees in the technology sector lost their jobs in the first four months of 2024, and layoffs are continuing to haunt the overall startup ecosystem across the world. Latest figures from layoff.fyi, a portal that tracks tech sector job cuts, 279 tech companies have sacked 80,230 employees to date. In 2022 and 2023, …

Google Layoffs: Tech Giant Fires 200 Employees From Core Team, Plans To Relocate Roles To India And Mexico
8 months, 1 week ago

Google Layoffs: Tech Giant Fires 200 Employees From Core Team, Plans To Relocate Roles To India And Mexico

ABP News  

Layoffs at Google do not seem to stop anytime soon; now, the tech giant has fired its workforce by nearly 200 employees from its "core team" and shifted specific roles overseas as part of cost-cutting measures. The core team at Google is responsible for crafting the "technical underpinnings powering the company's leading products," in addition to ensuring online user safety …

Google and Tesla continue laying off employees: Reports
8 months, 1 week ago

Google and Tesla continue laying off employees: Reports

The Hindu  

Google and Tesla are laying off more employees as both companies continue to cut jobs across multiple rounds in 2024, according to media reports. Google laid off at least 200 “Core” team employees and will also be moving several roles to India and Mexico, CNBC reported. Musk had posted on X that “about every 5 years, we need to reorganize …

India's Tech Sector Insights & Trends: 190,000 Layoffs, 37,000 In Startups In 3 Yrs
8 months, 1 week ago

India's Tech Sector Insights & Trends: 190,000 Layoffs, 37,000 In Startups In 3 Yrs

News 18  

Google’s recent layoff confirmation, purportedly encompassing its entire Python team, mirrors a broader trend in the tech sector job market. Ramesh Alluri Reddy, CEO of TeamLease Degree Apprenticeship, which is TeamLease’s flagship blended learning programme designed to bridge the skill gap in the workforce, shared insightful data with News18 about the layoffs, job creation, and evolving trends, offering insights into …

Google Layoffs: Tech Giant Trims More Workforce, Hits These Three Teams
8 months, 1 week ago

Google Layoffs: Tech Giant Trims More Workforce, Hits These Three Teams

ABP News  

Google Layoffs: The wave of layoffs continues at Google. After reports on Monday that the firm has laid off people from its Python team to hire cheap labour, a Tech Crunch report stated that the tech giant has also fired people from Dart, Flutter, and other teams along with Python. “As we’ve said, we’re responsibly investing in our company’s biggest …

Google layoffs: Company cuts more jobs in these key teams citing reorganisation
8 months, 1 week ago

Google layoffs: Company cuts more jobs in these key teams citing reorganisation

Hindustan Times  

Google layoffs: Sundar Pichai's Google is on a layoff spree- in line with the larger job cuts in the tech sector which has seen little signs of slowing down this year. Google layoffs: Google CEO Sundar Pichai is seen, The company is cutting jobs in key teams as layoffs continue this year. Google spokesperson Alex García-Kummert said as per the …

Google announces second major round of job cuts in 2024, tech giant says 'change is difficult'
8 months, 3 weeks ago

Google announces second major round of job cuts in 2024, tech giant says 'change is difficult'

India TV News  

In a significant move, tech giant Google has declared plans for major restructuring, potentially leading to employee layoffs. This announcement follows Google CEO Sundar Pichai’s earlier warning about the potential for more layoffs in 2024. Impact on Google employees While Google did not specify the exact number of employees affected by the latest round of layoffs, reports suggest that it …

Google layoffs: Company announces second major round of job cuts in 2024 saying ‘change is difficult’
8 months, 3 weeks ago

Google layoffs: Company announces second major round of job cuts in 2024 saying ‘change is difficult’

Hindustan Times  

Google layoffs: Tech giant Google announced major restructuring plans that could result in some employees getting fired, as per a report. Ruth Porat, chief financial officer at Google, sent a memo to employees informing them about company’s new plans, CNBC reported. Google didn't confirm the exact number of employees being let go in the latest round of layoffs but the …

Google layoffs: Tech giant cuts more jobs as part of restructuring
8 months, 3 weeks ago

Google layoffs: Tech giant cuts more jobs as part of restructuring

India Today  

Tech giant Google has cut an unspecified number of jobs as part of its effort to restructure some teams, reported Business Insider. Teams across Google’s finance and real estate units have been affected, said two current employees quoted in the report. One individual quoted in the report said the finance departments impacted include Google's Treasury, Business Services, and Revenue Cash …

Tech layoffs this week: Byju’s, Apple, Amazon cut jobs citing downsizing, shifts. More companies to follow?
9 months ago

Tech layoffs this week: Byju’s, Apple, Amazon cut jobs citing downsizing, shifts. More companies to follow?

Hindustan Times  

Tech layoffs 2024: The tech industry saw more layoffs this week as companies are sacking employees across departments. The big companies that fired employees include Amazon, Apple and Byju’s who cited strategic shifts and downsizing as the reason for job cuts in the industry. As per Layoffs.fyi, 235 companies have laid off 57,785 employees in 2024 as in January, 121 …

Why Tech Layoffs are Still Continuing in March 2024, Which Industries are Recession-Proof?
9 months, 1 week ago

Why Tech Layoffs are Still Continuing in March 2024, Which Industries are Recession-Proof?

News 18  

A CEO of a technology company fired hundreds of employees over a phone call. This news is nothing new as several IT companies have been on a firing spree since November 2023, and, unfortunately, the trend is still continuing in March 2024. Tech giant Google has warned its employees to “brace for more layoffs”, as Alphabet removed thousands of its …

IBM layoffs: Tech giant announces job cuts in this division in 7-minute meeting
9 months, 3 weeks ago

IBM layoffs: Tech giant announces job cuts in this division in 7-minute meeting

Hindustan Times  

IBM layoffs: International Business Machines Corp reportedly announced layoffs without informing about the specific number of job cuts. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} This comes as the company's CEO Arvind Krishna said last year that IBM expects to pause hiring for roles which could be replaced with artificial intelligence in the coming years. Tech layoffs in 2024 At least 204 companies …

The jobs market is hot, but layoffs keep coming in a shifting economic environment
10 months, 1 week ago

The jobs market is hot, but layoffs keep coming in a shifting economic environment

Associated Press  

The U.S. economy is humming and there are hundreds of thousands of jobs being added every month. The video streaming platform’s CEO Dan Clancy said in an email to employees that even with cost cuts and growing efficiency, the platform “is still meaningfully larger than it needs to be given the size of our business.” Packaging & Delivery Layoffs UPS …

Job cuts across tech companies are likely to continue
10 months, 2 weeks ago

Job cuts across tech companies are likely to continue

Hindustan Times  

The trend of slashing jobs across businesses over the past few years is catching up with the automation and digitalisation trends. In January 2024, companies in the U.S. announced 82,307 job cuts, an increase of 136% from the 34,817 cuts announced the previous month, according to the global outplacement firm Challenger, Gray & Christmas. The Challenger report for January states …

Cisco Layoffs: Tech Firm To Fire Thousands Of Employees From This Week, Says Report
10 months, 3 weeks ago

Cisco Layoffs: Tech Firm To Fire Thousands Of Employees From This Week, Says Report

ABP News  

The US-based communication technology firm Cisco reportedly intends to trim its workforce to concentrate on areas of growth following the recent trend of job reductions by pears. The company is gearing up for a business restructuring that will result in the termination of thousands of employees, reported the news agency Reuters. However, a source familiar with the matter revealed to …

Tech Layoffs: Snapchat Parent Firm Snap To Fire 10% Of Its Global Workforce
11 months ago

Tech Layoffs: Snapchat Parent Firm Snap To Fire 10% Of Its Global Workforce

ABP News  

Snap, the parent company of the social media application Snapchat, announced on Monday that it would reduce its global workforce by approximately 528 employees, constituting 10 per cent of its total workforce, in an effort to “promote in-person collaboration.” This indicates that the trend of tech layoffs observed in 2023 may continue as tech companies navigate economic uncertainty thrown at …

Snapchat parent Snap announces fresh layoffs, set to cut its global workforce by 10%
11 months ago

Snapchat parent Snap announces fresh layoffs, set to cut its global workforce by 10%

Hindustan Times  

In a regulatory filing on Monday, Snap, the parent company of Snapchat, revealed that it plans to fire over 500 workers. The owner of Snapchat is cutting approximately 10% of its worldwide workforce, or about 528 employees, just the latest tech company to announce layoffs. With 5,367 full-time employees as per Snap's most recent headcount, the latest round of staff …

Layoffs 2024: Tech companies fire 30k employees in January; Paytm, Flipkart lead race in India
11 months ago

Layoffs 2024: Tech companies fire 30k employees in January; Paytm, Flipkart lead race in India

Hindustan Times  

After a major firing spree throughout 2023 in major global tech companies, situation continues to remain bleak for employees across all major departments as over 30,000 tech employees have been laid off in January 2024. Over 30,000 laid off in tech companies in January 2024 According to data collated by Layoffs.fyi, over 30,000 employees have been fired from tech companies …

Job cuts continue in 2024: A look at recent layoffs
11 months ago

Job cuts continue in 2024: A look at recent layoffs

India TV News  

The year 2024 has started with major corporations announcing significant job cuts. Targets for layoffs: Middle managers and remote workers beware In the recent job cut wave, those who are middle managers and remote workers will be particularly vulnerable. Image Source : FILELayoff How can the employees navigate the upcoming uncertainty: Strategies To navigate the uncertainties in the current job …

Google spent ₹17,500 crore to lay off 12,000 employees
11 months, 1 week ago

Google spent ₹17,500 crore to lay off 12,000 employees

Hindustan Times  

Google incurred $2.1 billion in severance and related expenses during its 2023 layoffs, which affected over 12,000 employees. Alphabate posts double-digit revenue growth in 4th quarter Google's parent company reported a noteworthy return to double-digit revenue growth in the last quarter of the previous year, with a boost from video-sharing platform YouTube and its cloud computing unit. The results, announced …

Tech and retail companies layoffs: Microsoft, TikTok, Google, Macy's and more
11 months, 1 week ago

Tech and retail companies layoffs: Microsoft, TikTok, Google, Macy's and more

Hindustan Times  

2024 has already proven to be a difficult year for layoffs. Here's some tech and retail companies that have laid of employees of late: REI layoffs REI is laying off 357 workers, mostly in the outdoor retailer's headquarters and distribution centers. Levi's layoffs Levi Strauss & Co. is slashing its global corporate workforce by 10% to 15% in the first …

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