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Layoffs News

23 Oct 2024

Vice President Fired After Bonus And Raise At This Company– Find Out Why

He expressed his disbelief and stated that he had never received any negative feedback during his tenure and was considered a high performer.

Microsoft layoffs

05 Jul 2024

Microsoft Layoffs: Company Announces Third Round Of Job Cuts

These layoffs came shortly after Microsoft's fiscal year 2024 ended on June 30.

09 May 2024

Fintech Company Simpl Laid Off Around 160 Employees Across Multiple Department

Simpl stated to the publication that the layoffs were a strategic step to enhance operational efficiency and work toward profitability.

06 Apr 2024

EXL Layoffs: US-Based IT Company Cuts 800 Employees In India And United States

The job cuts will primarily impact junior level employees working in data analytics and digital operations across the United States and India.

Air India Layoff

17 Mar 2024

Air India Laysoffs Over 180 Non-Flying Staff Jobs Due To VRS

Employees in non-flying positions are being assigned new roles based on the company's requirements and their own skills.

16 Feb 2024

Nike Is Latest To Join Layoffs Spree, To Slash Over 1,600 Jobs

As of May 31, 2023, Nike employed approximately 83,700 workers globally.

15 Feb 2024

US-Based Grocery Delivery Company Instacart To Lay Off 250 Workers

Instacart's COO Asha Sharma also informed the company to resign from her position, effective March 1, 2024. The company does not plan to hire or appoint a new COO at this time.

12 Feb 2024

SpiceJet Plans To Lay Off 1,400 Employees In Cost-Saving Measure; Details Here

SpiceJet, currently operating roughly 30 aircraft including eight on wet leases from foreign carriers has faced delays in salary disbursements over several months.

11 Feb 2024

Cisco Likely To Slash Thousands Of Jobs Next Week: Report

Cisco last year issued layoff notices to nearly 4,000 employees, as the company rolled out efforts to “rebalance” and cut costs.

Indian start ups

04 Feb 2024

Indian Startups Raised $732 Mn Across 107 Deals In January 2024 Amid Layoffs

This marked a significant decrease in total startup funding compared to the previous month, dropping from $1.7 billion in December 2023, reportedly.

01 Feb 2024

Payments Firm PayPal To Reduce Global Workforce By 9% In 2024

"We are doing this to right-size our business, allowing us to move with the speed needed to deliver for our customers and drive profitable growth," Chriss wrote in the letter.

31 Jan 2024

iRobot To Fire 350 Employees As Deal With Amazon Is Killed

Following the announcement of the deal termination, iRobot's shares experienced a 10 per cent decline.

23 Jan 2024

Layoffs Might Get Worse This Year, 98% Surge in US Layoffs Last Year

The report said, around 168,032 employees were laid off in 2023 with 73% increase from the last year.

18 Jan 2024

YouTube Trims Workforce, Lets Go Of 100 Employees In Latest Layoff Season

The goal is to enhance scalability for international growth and address the platform's slowdown in ad revenue.

18 Jan 2024

'We Have To Make Tough Choices': Google CEO Sundar Pichai Hints More Layoffs

This time Google CEO Sundar Pichai warned employees in a recent memo that the company will continue cutting jobs this year to prioritize investments in artificial intelligence (AI).

14 Jan 2024

Apple's Siri Team Faces Changes, Sparks Job Concerns

As per the reports, the team, currently based in San Diego, is facing a relocation request to Austin, Texas. Apple wants the San Diego squad to merge with its Texas counterpart.

12 Jan 2024

11 Big Companies That Have Fired Employees In Latest Lay-Off Spree

Frontdesk layoff

07 Jan 2024

Entire Workforce Laid Off By THIS Startup; CEO Message Unveiled

Frontdesk CEO Jesse DePinto reportedly fired all employees in a brief two-minute Google Meet call.

15 Dec 2023

Third Wave Coffee Lays Off 120 Employees

One employee, who spoke to Moneycontrol on condition of anonymity, said that the layoffs were conducted randomly, with no written communication provided to affected employees.

10 Nov 2023

Gaming Company Unity Likely To Layoff Employees To Cut Costs

In September, Unity announced a new pricing model that was met with backlash from developers. In October, Unity CEO John Riccitiello announced his retirement and the company amended its pricing model after outcry from the gaming community.

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