Boeing to layoff 10% workforce to boost efficiency but risks losing top talent: Report
Boeing Co. will begin issuing layoff notices on Wednesday to employees impacted by its latest round of job cuts, a move that reflects the company's effort to boost efficiency while striving to retain a skilled workforce critical for future growth, Bloomberg reported.
Education startup Unacademy lays off 250 employees in fresh round
Bengaluru: SoftBank-backed edtech startup Unacademy has laid off 250 employees in a new round of company-wide layoffs, media reported.
Paytm employees allege forced resignations; company rejects allegations
Mumbai: Several Paytm employees are on the verge of losing their jobs, with some staff members unsuccessfully negotiating for a pay cut instead, according to The Times of India.
Google CEO Sundar Pichai updates employees on layoffs
Google CEO Sundar Pichai has said that the majority of the layoffs in the company would happen in the first six months of 2024, during an all-hands meeting, media reported.
Tesla continues to cut jobs in China as part of its global workforce reduction: Report
Beijing: Tesla has increased job cuts in China as billionaire Elon Musk struggles to recover lost market share in the world’s biggest auto market, reported Bloomberg.
Google wraps up Flutter, Dart, and Python teams; sudden job loss leaves employees in shock
Google has terminated employees from various technology teams, such as Flutter, Dart, and Python, among others, media reports said.
Novartis to cut 680 jobs in product development: Report
New Delhi: Swiss pharmaceutical company Novartis said on Tuesday that it plans to reduce its development organization workforce by as many as 680 positions, media reports said.
Bengaluru: Cash-strapped ed-tech company Byju's has reportedly implemented layoffs, affecting approximately 500 employees, mainly in sales and marketing roles.
Nike plans to slash 1600 employees
US sportswear giant Nike is planning to slash 1,600 people, which comprises 2 percent of its workforce, media reports said.
Google lays off 40 to 45 employees in Google News: Report
Tech giant Google has recently downsized its news division, with nearly 40 to 45 employees in Google News reportedly losing their positions, according to a spokesperson from the Alphabet Workers Union, reported CNBC.
No salary hike for Microsoft employees in 2023 amid economic uncertainty
Amid massive job cuts, Microsoft CEO Satya Nadella informed the employees that the company will not be offering a salary hike this year media reports said.
Fintech company ZestMoney to cut 20% workforce: Report
Bengaluru: ZestMoney, a buy now, pay later (BNPL) platform based in Bengaluru, is cutting 100 jobs, around 20% of its workforce, Business Standard reported.
Microsoft-owned GitHub sacks over 140 Indian staff: Reports
Los Angeles: Microsoft-owned GitHub is the latest tech company that has fired more than 140-member strong entire engineering team in India.
Twitter fires at least another 200 employees: Reports
Washington/UNI: Twitter has laid off at least another 200 employees on Saturday evening, The New York Times reported citing sources familiar with the matter.
Telecom equipment maker Ericsson to cut 8,500 jobs: Report
Ericsson, a manufacturer of telecommunications equipment, is set to reduce its expenses by terminating 8,500 employees worldwide, according to a memo seen by Reuters.