Tue, Dec 05, 2023
Twilio layoffs news: The company expects to incur about $25 million to $35 million associated with the restructuring in the last three months of 2023.
Thu, Nov 02, 2023
"While we're not yet back to full capacity, now is the time to make adjustments to programs, budgets and organizational structures across Delta to meet our stated goals," the company told Reuters in an emailed statement.
Sat, Oct 07, 2023
The startup was founded in 2014 by Bryan Keltner and Pathak, with an eye toward offering a viable alternative to legacy banking systems, while providing operational simplicity, efficiency and ease of integration to perform virtually any banking interaction.
Wed, Sep 13, 2023
Jobs Vacancies: 5.2 crore formal jobs have been created in the last four years. 47 percent of these people got a job for the first time
Wed, Sep 06, 2023
In a filing with the US Securities and Exchange Commission (SEC), Roku said it is determined to implement additional measures to continue to bring down its year-over-year operating expense growth rate by “slowing its year-over-year headcount expense growth rate through a workforce reduction and limiting new hires, among other measures”.
Tue, Aug 15, 2023
Tech companies have laid off 226,000 employees so far this year, almost 40 per cent more than in 2022, a report showed on Tuesday. Although the tech industry has seen a shocking number of job cuts last year, 2023 has been much worse.
Wed, Aug 09, 2023
According to PricewaterhouseCoopers India, startup funding in the country fell from $18.3 billion to $3.8 billion in 2023. Statistics show that in the first six months of this year, as many as 17,000 employees have been handed pink slips by start-up founders.
Cybersecurity company Rapid7 is laying off around 470 employees, or 18 per cent of its workforce.
Wed, Jul 12, 2023
Citing better efficiency, quick results, and cost-cutting as major advantages offered by AI, the CEO of Dukaan, Suumit Shah, justified his action of replacing 90% of the support team with an AI chatbot. However, the decision of the e-commerce startup has drawn sharp reactions on Twitter and stirred a debate over AI threat to jobs.
Tue, Jul 11, 2023
According to reports, more than 2,700 Seattle-area workers were affected by the layoffs announced earlier this year.
Thu, Jun 22, 2023
German media giant Axel Springer is laying off 20 per cent of newsroom jobs and apparently replacing some employees with artificial intelligence (AI) technology, reports surfaced on Thursday.
Mon, Jun 19, 2023
Big data analytics software company Sumo Logic has laid off 79 employees, as job cuts continue in the tech industry worldwide.
Tue, Jun 13, 2023
India is among the Asia-Pacific countries that show the strongest outlook towards increasing headcount and a positive hiring scenario in the third quarter this year, a report showed on Tuesday.
Sat, May 27, 2023
JPMorgan Chase is letting go of about 500 employees this week across the bank, a spokesperson confirmed to CNN on Friday
Fri, May 26, 2023
At least 27,000 tech employees at Indian startups have lost their jobs since the funding winter crept in last year, and the list is only growing.
Fri, May 05, 2023
Meesho Founder and CEO Vidit Aatrey in an email to employees informed about the decision and announced that all the affected employees will get one month extra severance pay beyond the notice period as well as ESOPs irrespective of the period they have been with the company.
Wed, May 03, 2023
Morgan Stanley layoffs 2023: The Wall Street bank is preparing to cut roughly 3,000 jobs around the world this quarter due to difficult market conditions, the source said.
Fri, Mar 24, 2023
Accenture is planning to lay off over 19,000 employees globally due to uncertain macroeconomic conditions. Layoffs have also been seen in multiple other sectors other than IT sector. META, Amazon had layoffs last year. A total of 1.5 lakh employees have been laid off in the last three months. How much will it impact Indian employees? Watch this special discussion with Deepak Dobhal on India 360.
Tue, Mar 14, 2023
Samsung Electronics has laid off 3 per cent of employees at its US semiconductor subsidiary -- Device Solutions Americas (DSA). Citing sources, BusinessKorea said that Samsung DSA notified all of its employees about the job cuts due to uncertain economic conditions.
Thu, Mar 02, 2023
The self-driving unit earlier planned to start its driver-less rides pilot programme in San Francisco.
Fri, Feb 17, 2023
Google have sacked 453 employees from various departments in India. Sources mentioned that a mail was sent out by Sanjay Gupta, Country Head and Vice President, Google India to the affected employees.
Tesla layoffs 2023: Elon Musk-run electric car company Tesla has denied reports that it terminated employees who were trying to form a union.
Wed, Feb 08, 2023
Video communication app Zoom is also laying off about 1,300 people, or 15 per cent of its workforce, its CEO Eric Yuan has announced.
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