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26 Jun 2024

Yes Bank Lays Off 500 Workers; More Job Cuts Likely: Report

The laid off employees will be given three months salary as severance package.

20 Oct 2023

Nokia Slashing 14,000 Jobs As Profit Sees Sharp Decline

Nokia, which currently has 86,000 employees on its rolls, plans to bring the headcount down to between 72,000 and 77,000.

13 Sep 2023

Binance To Sack Over 100 Employees, Ousts CEO Amid Fresh Layoff Round

Binance's Brian Shroder will be replaced by general counsel Norman Reed, who joined the company in December 2021, on an interim basis.

05 Sep 2023

MS Dhoni Backed Digital Lending Platform Khatabook Lays Off Over 40 Employees

People, who lost their jobs in the exercise, have been given standard severance packages, including three-months salary, among others, the report said, citing people aware of the matter.

25 Aug 2023

Chingari Fires Up To 50% Of Workforce In 2nd Job Cut Round In 2 Months

The latest round of layoffs impacted employees from product, customer support, design and marketing teams, reports leading startup news coverage portal Inc42, citing sources.

Mark Zuckerberg

11 Aug 2023

Mark Zuckerberg, Wife Lay Off 48 Employees From Their Philanthropic Org

The impacted employees were offered a severance package which includes 16 weeks of base pay, continued health insurance and a $10,000 stipend, according to a report in The 74, a nonprofit news site co-founded by Meta’s vice president of media partnerships, Campbell Brown.

09 Aug 2023

Homegrown Gaming Platform MPL Lays Off 50% Of Workforce Amid 28% GST Regime

MPL has Peak XV, Times Internet, MSA Novo, Crown Capital, Composite Capital and Moore Strategic Ventures among its investors.

20 Jul 2023

Microsoft Slashes 1,000 Jobs, Mostly In Sales, Customer Services: Report

According to a report in Insider, citing sources, the new layoffs are beyond the 10,000 jobs that the tech giant planned to eliminate earlier this year.

12 Jul 2023

Bad News For Infosys Employees! Company Defers Pay Hikes

Employees are hoping that they will get a good news from the company before or on the day Infosys announces its first quarter results of the financial year 2023-2024 on July 20.

11 Jul 2023

Microsoft Lays Off 276 Employees In New Job Cut Round

In May, Microsoft slashed 158 jobs in Washington State which were not not part of the 10,000 announced earlier.

10 Jul 2023

This Company Has Laid Off Most Of Its Employees, Moves Operations To Europe

Evernote became one of the first popular note-taking apps when it was launched in 2008.

07 Jul 2023

Amdocs Lays Off 2,000 Employees In 2nd Job Cut Round This Year

In Israel where it was founded in 1982, Amdocs will slash 200 jobs, a reduction of approximately 4 per cent, according to a report in Israel-based website Calcalist.

07 Jul 2023

THIS Company Giving 9 Days Of Paid Leave To Employees To Rest And Recharge

Californian firm HackerRank announcing its company decision to give paid time off to its employees during the first week of July, i.e from 1st July to 9th July.

05 Jul 2023

Google's Mental Health & Wellbeing Manager Loses Job After 10 Years Of Service

On January 20, Google CEO Sundar Pichai had confirmed in a letter to employees that about 12,000 people will be laid off globally, accounting for more than 6 per cent of the total workforce.

National Geographic magazine

30 Jun 2023

This 135-Year Old Magazine Lays Off Last 19 Staff Writers

The company said its future editorial work will be done by freelance writers and the few editors remaining on staff.

22 Jun 2023

Uber Lays Off 200 Employees In Recruitment Division To Cut Costs

The company slashed 150 jobs in its freight services division earlier this year.

21 Jun 2023

Ride-Hailing & Food Delivery App Grab Slashes 1,000 Jobs

According to Grab CEO Anthony Tan, the move is to manage costs and remain competitive in a challenging business environment, reports Nikkei Asia.

21 Jun 2023

Online Marketplace OLX Group Slashes 800 Jobs Globally

In January, OLX Group confirmed plans to slash 15 per cent of its workforce, or more than 1,500 employees, globally including in India as part of restructuring amid the global meltdown and recession fears.

20 Jun 2023

Short Video App Chingari Lays Off 20% Of Workforce Amid Restructuring

The layoffs at Chingari, one of the leading Indian short video apps, came as its cofounder Aditya Kothari recently quit the startup.

28 May 2023

JP Morgan Chase To Lay Off 500 Employees: Report

The bank has more than 13,000 total job openings and employs nearly 300,000 people.

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