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31 Mar 2023

Richard Brandson's Rocket Company Virgin Orbit To Lay Off 85% Workforce

Virgin Orbit is a private rocket company that provides launch services for small satellites. It was a brainchild of Richard Brandson founded in 2017. It comes under Virgin Group.

02 Feb 2023

BYJU's Fires 1000 Employees, or 15% Staff Today: Report

BYJU's lays off 1000 employees or 15% staff today. Over 80000 employees in 258 tech companies have lost their jobs in the first month of 2023, according the lay offs tracker website layoffs.fyi. Last year, ed tech company also cut 2500 employees.

31 Jan 2023

Dutch Tech Giant Philips to Cut 6000 Jobs, 13% Workforce Globally

Dutch tech company Philips announces to cut 6000 jobs globally. Company aims to restore its profitability and improve safety of its products following a recall of respiratory devices knocking off 70% market value. Half of the job cuts will be made this year, the company said on Monday, adding that the other half will be realised by 2025.

26 Jan 2023

Software Giant SAP Announces to Cut 3000 Jobs, 2.5% of its Global Workforce

SAP plans to cut 3000 jobs or 2.5% of its global workforce. The company is exploring the sale of its remaining stake in Qualtrics to cut costs and focus on cloud business. SAP is the latest tech company to cut jobs after companies including Alphabet's Google, Microsoft and Amazon.

26 Jan 2023

Software Engr Pens Down a Heart-Wrenching Post After Being Laid off by Spotify

Spotify to lay off 6% of its employees amid fear of recession. An Indian Software Engineer pens down a heart-wrenching post. She says in the post the hardest part is not knowing the reason.

26 Jan 2023

IBM to Lay Off 3,900 Employees; Bets Big on Hybrid Cloud, AI

IBM to lay off 3,900 employees after missing annual cash target. IBM joins a slew of tech companies such as Meta, Alphabet, Microsoft and others in laying off thousands of employees amid the global economic headwinds. Earlier, Google laid off 12,000 employees globally.

25 Jan 2023

Every one in four Indians surveyed Worried about threat of job layoff: Survey

Every one in four Indians is concerned about the threat of job layoff while three out of four are worried about rising inflation. Three out of four people are worried about the rising inflation and want the government to introduce decisive measures to tackle the same. This is relatively higher in the affluent (32 per cent ), older 36-55 year-olds (30 per cent) and salaried classes (30 per cent).

23 Jan 2023

Spotify latest tech name to cut jobs, axes 6% of workforce

Big tech companies like Amazon, Microsoft, and Google announced tens of thousands of job cuts this month as the economic boom that the industry rode during the COVID-19 pandemic waned.

23 Jan 2023

'Why me? Why now?': 8 months pregnant IT staff pens down heart-rending post

Katherine Wong, a project manager at Google, claimed she was let go just before starting maternity leave. She emphasised that she had received an "excellent performance review," indicating that the layoffs were not based on performance.

Google lay offs

22 Jan 2023

Ex-Google employee's inspiring post goes viral; Netizens praise positive look

Google lay offs an employee who was working there for 17 years on Friday. Ex-Google employee's post is garnering a lot of praise and respect for offering help to others in hard time. The companies come and go; the people are what really matter, he wrote in the post.

22 Jan 2023

'Got laid off for the 3rd time in 4 months': IT employee after being fired

Even those who are hired again after being fired are not protected because they still run the risk of losing their jobs in the future. In the previous four months, so and so, an IT professional was fired from three different companies.

22 Jan 2023

IT layoffs 2023: Around 3000 employees are being fired every day in January

Around 3,000 tech workers are now being let off every day in January worldwide. The frequency of firing increased because of concern about economic recession.

20 Jan 2023

Indian-origin worker FIRED from Microsoft pens down heart-rending note

Microsoft started layoffs of around 10,000 employees. Prashant Kamani was a principal software development manager at Microsoft. He spent 21 years in the company.

19 Jan 2023

I'm on visa, have limited time: Sacked Indian-origin Microsoft worker

Harshita Jhavar is a data and applied scientist at Microsoft. She was a employee in the company in Washington. Microsoft's this round of layoffs affects around 10,000 jobs.

19 Jan 2023

Cybersecurity firm Sophos to lay off 450 employees globally, including India

Sophos laying off about 450 people globally including in India. Sophos is a Cyber-security company. In March 2020, private equity firm Thoma Bravo acquired Sophos in a $3.9 billion deal.

19 Jan 2023

Amazon begins new round of layoffs, 18K jobs to go

Amazon starts another round of layoffs. The new move is the part of company's plan to reduce its headcount by around 18,000 people. Amazon started its first round of layoffs last November.

18 Jan 2023

THIS Indian company is the latest to join layoffs wave; cuts 70 percent staff

GoMechanic is the latest Indian company to join the lay offs wave. The company has cuts about 70 percent of workforce. The company is struggling to secure money amid grave accounting concerns.

18 Jan 2023

Microsoft joins layoffs spree; Company plan to FIRE THOUSANDS of employees

Microsoft may join lay offs spree soon. As per the reports, 6000 jobs could be eliminated. The date of the move is not fixed yet but it is anticipated that it could be announced soon.

17 Jan 2023

Goldman Sachs calls employees at 7:30 am morning for meeting and fires them

Goldman Sachs sacked more than 3,000 employees in disguise of business meetings as early as 7.30 a.m: Report. Once the employees arrived at the conference room -- some as early as 7.30 a.m. -- they were told by their managers that they were being fired. Those sacked were given the choice to leave the office immediately or wait for colleagues to arrive so they could say goodbye.

15 Jan 2023

HUGE Layoffs: THIS company to fire employees soon; Read details here

The global telecommunications company, which employs some 104,000 people worldwide, intends to let go of hundreds of staff members, mostly from its London headquarters.

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