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 company, reportedly laid off its workforce across various teams within Google's cloud division, one of its most rapidly expanding sectors. Ola Electric Layoffs Ola Electric reportedly trimmed its workforce by approximately 400 to 500 employees across various divisions.

Employees Google Yes Bank Ola Electric Layoffs Major Layoffs Meta Microsoft  various  workforce  meta  microsoft  electric  impacted  recent  company  bank  yes  layoffs  teams  employees  reportedly  google  restructuring  ola  2024  major

History of this topic

Announced layoffs have 'jumped to levels not seen since the last two recessions': report
3 weeks, 2 days ago

Announced layoffs have 'jumped to levels not seen since the last two recessions': report

Raw Story  

Reuters is reporting that the number of announced layoffs in the United States has "jumped to levels not seen since the last two recessions." Citing data from global outplacement firm Challenger, Gray and Christmas, Reuters brings word that announced job cuts totaled 172,017 in February, which is an increase of 245 percent over the previous month and the highest total …

Layoff wave hits the US—Tech, retail, and energy giants cut jobs in 2025: Here’s the full list
3 weeks, 5 days ago

Layoff wave hits the US—Tech, retail, and energy giants cut jobs in 2025: Here’s the full list

Live Mint  

US companies have ramped up layoffs across various industries as they seek to streamline operations amid economic uncertainties. Companies announcing layoffs Several large corporations have announced workforce reductions in 2025, impacting thousands of employees across multiple industries. Aerospace and manufacturing companies, including Blue Origin and Dow, are implementing job cuts, while energy giants like Chevron are laying off 8,000 workers. …

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, 2 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, 3 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 …

Google offers wild opportunity for employees to get paid in cash to quit
1 month, 4 weeks 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, 1 week 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 …

US jobs market to be hit with massive layoffs in 2025 amid HMPV virus fears? Experts warn ‘not everyone will have….’
2 months, 3 weeks 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 …

Tech Layoffs: 42% Drop In Job Cuts In 2024 As Firms Work Towards Stabilisation
2 months, 3 weeks 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 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, …

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
3 months, 3 weeks 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 …

Major Layoffs In November: Schaeffler, Oracle, KPMG, Nissan, Bosch And More
4 months ago

Major Layoffs In November: Schaeffler, Oracle, KPMG, Nissan, Bosch And More

ABP News  

The saga of layoffs continues in November as well, with some big firms firing thousands of employees to tackle the ongoing economic challenges around the world. Here Is The List Of Some Of The Major Layoffs In November KPMG Layoffs KPMG, one of the "Big Four" accounting firms, announced this month that it has eliminated around 330 positions from its …

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 …

27,000 techies laid off across the globe in August, highest since January 2024
6 months, 3 weeks 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
6 months, 3 weeks 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 …

Layoffs: This Bank Plans To Reduce Workforce For Second Time In 2024, Says Report. Find Out More
6 months, 4 weeks ago

Layoffs: This Bank Plans To Reduce Workforce For Second Time In 2024, Says Report. Find Out More

ABP News  

Goldman Sachs Layoffs: Goldman Sachs Group is reportedly planning to reduce its workforce in the coming weeks, media reports said. The layoffs are a part of the firm’s annual workforce reduction based on performance, reported Bloomberg citing sources in the know. In 2024 so far, the bank has slashed its overall workforce by nearly 3 per cent to 4 per …

GM Layoffs: General Motors Looking To Slash Over 1,000 Jobs In Software And Services Division, Says Report
7 months, 1 week ago

GM Layoffs: General Motors Looking To Slash Over 1,000 Jobs In Software And Services Division, Says Report

ABP News  

General Motors Co is planning to slash its workforce globally by more than 1,000 individuals, media reports said. This decision comes less than six months after the firm implemented some changes in its leadership and promoted former Apple Inc executives, David Richardson and Baris Cetinok, to senior vice president positions. We are grateful to those who helped establish a strong …

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 …

Salesforce Layoffs: Firm Fires About 300 Employees Amid Restructuring, Says Report
8 months, 1 week 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 …

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 …

Google Layoffs: Tech Giant Fire Nearly 100 Employees From Cloud Division, Says Report
9 months, 3 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. …

Google Layoffs: Here's What CEO Sundar Pichai Told Employees About Job Cuts
10 months, 2 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, 2 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, …

Tech Layoffs: Over 80,000 Employees Lose Jobs Across 279 Firms In First 4 Months Of 2024
10 months, 3 weeks 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 …

Google Layoffs: Tech Giant Fires 200 Employees From Core Team, Plans To Relocate Roles To India And Mexico
10 months, 3 weeks 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
10 months, 3 weeks 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
10 months, 4 weeks 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
10 months, 4 weeks 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'
11 months, 1 week 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: Tech Firm Fire Employees In Finance And Real Estate Teams, Says Report
11 months, 1 week 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, 1 week 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, 1 week 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?
11 months, 4 weeks 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 …

Meta CEO Mark Zuckerberg talks about layoffs again, explains why this is happening
1 year, 1 month ago

Meta CEO Mark Zuckerberg talks about layoffs again, explains why this is happening

India Today  

In a recent interview with Morning Brew Daily's podcast, Meta's CEO Mark Zuckerberg delved into the ongoing wave of tech layoffs, shedding light on why this trend shows no signs of ending anytime soon. Zuckerberg attributed the persistent layoffs to a paradigm shift among companies towards leaner operations and continued adjustments to the post-pandemic landscape. Highlighting the evolving mindset within …

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 …

Cisco to lay off thousands of employees in a fresh round of job cuts: Report
1 year, 1 month ago

Cisco to lay off thousands of employees in a fresh round of job cuts: Report

Live Mint  

Network leader Cisco is preparing to undergo a business restructuring aimed at emphasizing high-growth sectors. As per information available on its website, Cisco, headquartered in San Jose, California, currently maintains a workforce totaling 84,900 employees as of fiscal year 2023. An official announcement regarding the lay offs could be made as early as next week, coinciding with the company's earnings …

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 …

Layoffs 2024: Tech companies fire 30k employees in January; Paytm, Flipkart lead race in India
1 year, 1 month 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
1 year, 1 month 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
1 year, 1 month 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
1 year, 2 months 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 …

Salesforce cuts 700 jobs in latest tech layoffs: Know more
1 year, 2 months ago

Salesforce cuts 700 jobs in latest tech layoffs: Know more

India TV News  

Salesforce, a major enterprise software company, is reportedly cutting around 700 jobs, which is approximately 1 per cent of its workforce of about 70,000 people. Previous Layoffs In January 2023, Salesforce laid off 10 per cent of its workforce, affecting around 7,000 employees, due to global economic conditions. Ongoing Job Losses in Tech Within the first two weeks of the …

From Microsoft to Levi’s, here’s a look at tech and retail companies that have recently made layoffs
1 year, 2 months ago

From Microsoft to Levi’s, here’s a look at tech and retail companies that have recently made layoffs

Associated Press  

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. In a letter to employees, CEO Eric Artz noted that “outdoor specialty retail has experienced four quarters of decline …

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