Google And Microsoft Layoffs: Both Tech Giants Cut Up To 1,000 Employees Across Teams
9 months, 3 weeks 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 multiple rounds of layoffs in 2024 across different divisions, which includes some of the engineers whose work is being sourced to Google branches in India and Mexico among others. Microsoft Sacks Thousands Microsoft seems to have gone further into its restructuring process and reportedly laid off 1,000 employees from its Mixed reality team.

Google Microsoft Layoffs Google Cloud Giants Cut  microsoft  tech  come  employees  google  giants  cut  report  1000  quoted  layoffs  cloud  2024  teams

History of this topic

Google announces layoffs in US-based HR, cloud units to cut costs and invest into AI infrastructure: Report
1 month ago

Google announces layoffs in US-based HR, cloud units to cut costs and invest into AI infrastructure: Report

Hindustan Times  

Google has told staff in its “People Operations” and cloud organisations in the US this week that it is planning a layoff as part of an internal reorganization. This comes after chief financial officer Anat Ashkenazi said that one of her top priorities would be more cost-cutting as Google missed its fourth quarter revenue expectations and is also looking to …

Google to fire more employees as company is spending heavily on AI
1 month ago

Google to fire more employees as company is spending heavily on AI

India Today  

Google has announced another round of job cuts within its People Operations and Cloud departments, according to a report by CNBC. The tech giant reportedly revealed plans to offer a voluntary exit program for US-based employees in its People Operations division, which oversees human resources functions. This decision follows a larger effort by Google’s finance chief, Anat Ashkenazi, to reduce …

Google announces more layoffs in HR and cloud divisions: Here’s why
1 month ago

Google announces more layoffs in HR and cloud divisions: Here’s why

India TV News  

Google announces more layoffs in HR and cloud divisions: Here’s why As Google navigates the AI revolution, balancing workforce management and technological investments remains a challenge. Voluntary exit program for HR employees In the People Operations division, Google is rolling out a voluntary exit program for mid-to-senior-level employees in the U.S. Employees opting for this exit will receive: Up to …

Layoffs Wave Continues To Upset Tech Sector In 2025 Says Report, A Look At Some Major Job Cuts Announced So Far
1 month, 3 weeks ago

Layoffs Wave Continues To Upset Tech Sector In 2025 Says Report, A Look At Some Major Job Cuts Announced So Far

ABP News  

Layoffs in the tech industry seem to not be stopping anytime soon. The wave of job cuts is going strong in the sector as several big US tech companies have already announced workforce reductions in 2025. The Challenger report showed that 49,795 jobs were slashed in January, about 28 per cent higher than 38,792 job cuts announced in December. Major …

Tech Layoffs 2025: Meta, Microsoft, Salesforce continue job cuts amid restructuring efforts
1 month, 3 weeks ago

Tech Layoffs 2025: Meta, Microsoft, Salesforce continue job cuts amid restructuring efforts

India Today  

The year 2022 ended with the quakes of mass layoffs, which continued their tremors in 2023 and even 2024. As the year started, major companies including Meta, Microsoft, Amazon, Salesforce, and Google announced more downsizing, citing restructuring efforts and performance optimisation—all while expanding roles in artificial intelligence. However, despite the global restructuring, Puneet Chandok, Microsoft’s India and South Asia head, …

Tech layoffs 2025: Turmoil as ADM trims 700 jobs, Salesforce slashes 1,000 after Microsoft, Meta, and Amazon axe
Trending News
1 month, 4 weeks ago

Tech layoffs 2025: Turmoil as ADM trims 700 jobs, Salesforce slashes 1,000 after Microsoft, Meta, and Amazon axe

Live Mint  

Significant layoffs continue to sweep across major big tech and corporate firms in 2025. ADM to cut up to 700 jobs worldwide amid cost-cutting efforts According to Reuters, ADM, a major international grain trader, announced plans to cut up to 700 jobs to reduce expenses by $500 million to $750 million over the next three to five years. The announcements …

Microsoft layoffs: Tech giant fires underperforming employees
2 months ago

Microsoft layoffs: Tech giant fires underperforming employees

Hindustan Times  

American technology giant Microsoft has started firing employees in the US based on their performance, according to a Business Insider report. Microsoft has initiated a layoff round for underperforming employees Medical, prescription, and dental healthcare benefits of employees who lose their jobs will end immediately, as per the termination letters cited in the report. "The reason for the termination of …

Google offers wild opportunity for employees to get paid in cash to quit
2 months ago

Google offers wild opportunity for employees to get paid in cash to quit

Daily Mail  

Google has introduced a new program to its employees, offering considerable severance packages to those willing to leave the company on their own volition. Pictured: Google headquarters in Mountain View, California 'There's tremendous momentum on this team and with so much important work ahead, we want everyone to be deeply committed to our mission and focused on building great products, …

Techies on edge as global layoffs continue in 2024: What's in store for 2025?
2 months, 2 weeks ago

Techies on edge as global layoffs continue in 2024: What's in store for 2025?

India Today  

The tech industry across the world has been rather unstable with the advancements of Artificial Intelligence and the streamlining of operations in the post-Covid world. Several tech giants have been actively cutting down their workforce, including top firms like Meta and Amazon, as part of the industry's ongoing adjustment to a more cautious economic environment. In 2024, the tech industry …

BlackRock, Ally, Microsoft, Washington Post and other US firms to lay off staff in 2025; check full list
2 months, 3 weeks ago

BlackRock, Ally, Microsoft, Washington Post and other US firms to lay off staff in 2025; check full list

Live Mint  

Workforce reductions in the past two years have been a major concern across sectors, including tech, media, finance, manufacturing, and retail. However, according to a Business Insider report published on January 9, layoffs in major global firms, including Microsoft, BlackRock, and Ally, will continue in 2025. Here are the firms mulling job cuts in 2025: BlackRock: According to Bloomberg, BlackRock …

Microsoft layoffs 2025: Tech giant to cut several thousands of underperforming employees this year
2 months, 3 weeks ago

Microsoft layoffs 2025: Tech giant to cut several thousands of underperforming employees this year

Firstpost  

Microsoft’s lates round of layoffs is part of the company’s updated performance management strategy, aligning with similar actions by other tech giants. The cuts are expected to be widespread, impacting several departments, with the security division reportedly among those affected Despite the layoffs, vacated roles are often refilled, suggesting Microsoft’s overall workforce, which stood at 228,000 full-time employees in June …

Microsoft to implement fresh layoffs, targeting underperforming employees: Report
2 months, 3 weeks ago

Microsoft to implement fresh layoffs, targeting underperforming employees: Report

Live Mint  

Microsoft is set to initiate another round of job cuts, primarily targeting employees deemed underperforming, according to a report by Business Insider. The report added that the company’s global headcount—estimated at around 228,000 employees as of mid-2024—may remain relatively stable. Since his appointment in 2014, Nadella has overseen multiple rounds of layoffs, beginning with a significant cut that year, which …

Tech Layoffs: 42% Drop In Job Cuts In 2024 As Firms Work Towards Stabilisation
3 months ago

Tech Layoffs: 42% Drop In Job Cuts In 2024 As Firms Work Towards Stabilisation

ABP News  

Tech Layoffs in 2024: The tech industry made a strong recovery in 2024 after enduring significant losses in 2023, with tracking sites noting a 42 per cent reduction in layoffs compared to the previous year. Intel started the year by announcing plans to cut around 15 per cent of its workforce in January, followed by smaller layoffs from companies such …

Google has cut these 3 roles to increase efficiency, layoffs hit managers: Report
3 months, 1 week ago

Google has cut these 3 roles to increase efficiency, layoffs hit managers: Report

Hindustan Times  

Google has cut 10% of the number of top management roles as part of its push for increasing efficiency, Business Insider reported, citing CEO Sundar Pichai as having told employees in a meeting on Wednesday, December 18, 2024. Google CEO Sundar Pichai testifies during a House Judiciary Committee hearing on Capitol Hill. The history of Google layoffs This efficiency drive …

Google Layoffs: Tech Giant Plans To Cut 10% Management Positions, Says Report
3 months, 1 week ago

Google Layoffs: Tech Giant Plans To Cut 10% Management Positions, Says Report

ABP News  

The tech giant Google has reportedly reduced its management positions by 10 per cent, impacting roles at the manager, director, and vice president levels as a part of its strategy. During a recent all-hands meeting, Google CEO Sundar Pichai provided updates on the company's ongoing efforts to enhance efficiency. This restructuring, which has taken place over the past two years, …

Google layoffs: CEO Sundar Pichai announces 10 per cent job cuts, says it is to boost efficiency
Top News
3 months, 1 week ago

Google layoffs: CEO Sundar Pichai announces 10 per cent job cuts, says it is to boost efficiency

India Today  

In a significant development at Google, CEO Sundar Pichai has announced a reduction of 10 per cent in management and vice president-level roles. According to two individuals familiar with the matter, Pichai stated that Google has implemented changes over the past few years to streamline operations and improve efficiency, as per the report. The recent changes emphasise Google’s ongoing efforts …

12 Major Layoffs In 2024: Tesla, Google, Dell, Cisco, Intel, Microsoft And More
3 months, 2 weeks 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 …

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

Layoffs in tech industry seem to be far from over
4 months, 3 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 …

IBM Layoffs: Tech Firm Silently Fires Thousands Of Employees, Says Report
6 months, 1 week ago

IBM Layoffs: Tech Firm Silently Fires Thousands Of Employees, Says Report

ABP News  

IBM layoffs: IBM is reportedly laying off thousands of employees this week. The report indicates that significant job reductions have occurred, with one insider stating that "a massive layoff" recently affected thousands of workers in the IBM Cloud division. In its first-quarter 2024 earnings report, the company revealed a $400 million "workforce rebalancing" charge, suggesting that layoffs are part of …

Microsoft layoffs- Microsoft to cut 650 support jobs in Xbox Games unit: Report
6 months, 2 weeks ago

Microsoft layoffs- Microsoft to cut 650 support jobs in Xbox Games unit: Report

The Hindu  

Microsoft said it is cutting 650 jobs in its Xbox unit, the third such layoff this year as the company tries to rein in costs and integrate its $69 billion acquisition of Activision Blizzard, Bloomberg News reported on Thursday. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox …

Layoffs Impact At Least 8,000 Individuals In India In 2024 As Firms Cut Down Jobs To Reduce Costs
7 months, 2 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 …

Microsoft layoffs: Fresh job cuts across verticals at Satya Nadella company for ‘growth’
8 months, 4 weeks 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
9 months 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 …

Microsoft Layoffs: Tech Giant Fires Over 1,000 Employees Across Departments, Says Report
9 months, 3 weeks ago

Microsoft Layoffs: Tech Giant Fires Over 1,000 Employees Across Departments, Says Report

ABP News  

Microsoft Layoffs: Microsoft is reportedly laying off its workforce, with reports indicating that over 1,000 employees are being laid off across various units. According to The Information report, citing sources familiar with the matter, “most of the job cuts are within the company’s Strategic Missions and Technologies org, which aims to sell Microsoft’s cloud software and server rentals for businesses …

Google Layoffs: Tech Giant Fire Nearly 100 Employees From Cloud Division, Says Report
9 months, 4 weeks 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. …

Indeed layoffs: Careers site cuts jobs of 1,000 workers, CEO says ‘sorry’
10 months, 2 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
10 months, 3 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 …

Sundar Pichai on when Google layoffs will stop? ‘We can’t do it now…’
10 months, 3 weeks ago

Sundar Pichai on when Google layoffs will stop? ‘We can’t do it now…’

Hindustan Times  

Google layoffs: In 2024, Google has conducted multiple layoffs and they might not stop as CEO Sundar Pichai said that the company is "taking the time to do it correctly and well." Criticised for his leadership and the culture around layoffs, the Google top boss said that as a leader of such a large company, he makes "fewer consequential decisions, …

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

Google Layoffs: Tech Giant Trims More Workforce, Hits These Three Teams
11 months 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
11 months 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 Layoffs: Ex-employee's LinkedIn post describes ‘traumatic’ ordeal, ‘My hands were shaking'
11 months ago

Google Layoffs: Ex-employee's LinkedIn post describes ‘traumatic’ ordeal, ‘My hands were shaking'

Hindustan Times  

Google Layoffs: In a gut-wrenching post on LinkedIn, a recently laid-off Google employee has laid bare the human cost of the company's downsizing. Ex-Google employee shares layoff experience The ex-employee who had been working for Google for the past two years, recounted the moment they learned their fate, revealing the raw emotions and sense of shock that accompany such sudden …

Google layoffs: Sundar Pichai-led company fires entire Python team for ‘cheaper labour’
11 months ago

Google layoffs: Sundar Pichai-led company fires entire Python team for ‘cheaper labour’

Hindustan Times  

Google layoffs: Google has laid off several employees in the past few weeks. The company witnessed recent cuts in its Python section as the entire team was laid off owing to Google's plan to reduce costs by hiring less expensive labor outside the United States, Free Press Journal reported. As per the report, a Social.coop post on Mastodon received comments …

Google fires more workers who protested its deal with Israel
11 months, 1 week ago

Google fires more workers who protested its deal with Israel

Associated Press  

Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war, bringing the total number of terminated staff to more than 50, a group representing the workers said. Then, on Tuesday night, Google fired “over 20” more staffers, “including non-participating bystanders during last week’s protests,” said …

Google announces second major round of job cuts in 2024, tech giant says 'change is difficult'
11 months, 2 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 Sacks 28 Employees Over Anti-Israel Protest
11 months, 2 weeks ago

Google Sacks 28 Employees Over Anti-Israel Protest

ABP News  

Google has sacked 28 employees who participated in sit-in protests at its offices. This Google Layoff occurred after the suspension and subsequent arrest of 9 Google employees in the US earlier this week, according to a report by The Verge. These 28 employees were protesting against a $1.2 billion Google Cloud contract with the Israeli government. We will continue to …

Google Layoffs: Tech Firm Fire Employees In Finance And Real Estate Teams, Says Report
11 months, 2 weeks ago

Google Layoffs: Tech Firm Fire Employees In Finance And Real Estate Teams, Says Report

ABP News  

Google, the tech giant, is reportedly preparing for another set of layoffs. The report specifies that finance teams affected by the layoffs include Google's treasury, business services, and revenue cash operations. Google's finance chief, Ruth Porat, reportedly informed employees via email that the restructuring aims to expand operations in cities such as Bangalore, Mexico City, and Dublin. To best position …

Google layoffs: Company announces second major round of job cuts in 2024 saying ‘change is difficult’
11 months, 2 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
11 months, 2 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?
11 months, 3 weeks 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?
1 year 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 …

Cisco Systems to lay off more than 4,000 workers in latest sign of tighter times in tech
1 year, 1 month ago

Cisco Systems to lay off more than 4,000 workers in latest sign of tighter times in tech

Associated Press  

SAN FRANCISCO — Internet networking pioneer Cisco Systems is jettisoning more than 4,000 employees, joining the parade of technology companies in a trend that has helped boost their profits and stock prices while providing a sobering reminder of the job insecurity hanging over an industry increasingly embracing artificial intelligence. Combined with a wave of layoffs last year, the workforce reductions …

Cisco Layoffs: Tech Firm To Fire Thousands Of Employees From This Week, Says Report
1 year, 1 month 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
1 year, 1 month 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 Layoff: The owner of Snapchat, is laying off about 10% of its global workforce
1 year, 1 month ago

Snapchat Layoff: The owner of Snapchat, is laying off about 10% of its global workforce

The Hindu  

The owner of Snapchat is cutting approximately 10% of its worldwide workforce, or about 530 employees, as the latest tech company to announce layoffs. Snap Inc. said in a regulatory filing that it currently estimates $55 million to $75 million in charges, mostly for severance and related costs. The Santa Monica, California-based company announced in August 2022 that it planned …

Zoom Lay Offs 150 Employees As Tech Companies Continue To Cut Costs
1 year, 1 month ago

Zoom Lay Offs 150 Employees As Tech Companies Continue To Cut Costs

News 18  

Zoom is laying off nearly 150 employees, or less than 2 per cent of the company’s workforce. In addition to Zoom, cloud software vendor Okta also announced to lay off about 400 employees, or about 7 per cent of its workforce. Okta CEO Todd McKinnon said that the “reality is that costs are still too high”. McKinnon said the firm …

Google Being Penny Wise, Pound Foolish: Spent over $2bn laying people off in 2023, $700mn in 2024
1 year, 2 months ago

Google Being Penny Wise, Pound Foolish: Spent over $2bn laying people off in 2023, $700mn in 2024

Firstpost  

Google spent a substantial $2.1 billion on severance packages and associated costs while downsizing its workforce by over 12,000 employees throughout 2023, as per a report by The Verge. Key contributors to this growth were Google’s core digital advertising and cloud computing businesses, which demonstrated consistent expansion, attributed by CEO Sundar Pichai to investments in generative AI. Despite the layoffs, …

Discover Related