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Layoffs News

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JioStar to lay off 1,100 employees post-merger, offers full salary for Up to 12 months

In addition to the layoffs, the company has announced that it will provide affected employees with full salaries for 6 to 8 months while they remain at home, based on their performance within the company....
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Indian tech workers struggle as US layoffs coincide with new visa rules

Once deemed resistant to economic downturns, the tech industry is currently facing a crisis. Approximately 438 tech companies have let go of about 137,500 employees, according to Layoffs.fyi. This wave of layoffs has led to a reduced number of job opportunities in the tech market...
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Being laid off was a blessing in disguise: Former Deloitte employee reflects on losing Rs 76 lakh job

Despite her hard work, Desmaratti received negative performance feedback, feeling earlier guidance could have aided improvement. Just as she began addressing issues, she was unexpectedly laid off....
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The Global layoff crisis: Shocking figures reveal massive job cuts across key sectors

No industry has been spared including food, transportation, education, finance, media and many more, according to the statistics shared by layoffs.fyi. These layoffs reflect the broader economic challenges facing these industries, as companies grapple with financial pressures and...
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Why are record numbers of Indians leaving Sweden? Insights from experts and viral posts

Indians are departing Sweden at unprecedented rates, with a staggering 171% rise in emigration during the first half of 2024. Contributing factors to this trend include job layoffs, difficulties faced by spouses in securing employment, and the harsh climate. ...
As part of its new AI strategy, which has been under internal testing since October 2023, Dell aims

Dell cuts 20,000-plus job in largest layoffs amid AI restructuring

The layoffs have created a tense atmosphere within the company, with employees anxiously awaiting potential job cuts. ...
Paytm (representative image)

Govt steps in, asks Paytm to pay notice period salary to employee

The Ministry of Labour responded to the complaint filed by one of the employees about the forced termination by Paytm, following which the Regional La...
Paytm under scrutiny: Labour commissioner summons management over controversial layoffs

Paytm under scrutiny: Labour commissioner summons management over controversial layoffs

The notice, issued by the Regional Labour Commissioner (Central) under the Ministry of Labour and Employment, has drawn attention to the company's rec...
AI's triumph or tragedy? Here's Elon Musk's prediction on layoffs

AI's triumph or tragedy? Here's Elon Musk's prediction on layoffs

During his remote appearance via webcam at the Viva Tech event, Musk envisioned a future where employment becomes optional. He suggested that AI robot...
Elon Musk

Firing continues! Elon Musk's Tesla sends layoff notice to more employees

The fresh round of firing has come after Elon Musk fired two of his senior employees last week....
Google's CEO Sundar Pichai

Navigating Google's layoffs: What you need to know

Reports suggest that Google may hire replacement workers for some positions in India and Mexico....
Stellantis

After giving mandatory WFH: This company mass fires 400 employees who joined call

Stellantis called for a mandatory remote work day on Friday, March 22, and asked to fire all the employees who joined the remote call....
Mark Zuckerberg

Meta CEO Mark Zuckerberg explains tech layoffs amid industry transition

Meta, formerly known as Facebook, has undergone significant restructuring efforts under Zuckerberg's leadership, including the removal of several mana...
Cisco

Cisco plans to cut 5% of work force, may chop 4000 jobs

Soon after the announcement, Cisco's stock fell more than 5% on February 14 during extended trading....
Layoffs

FIRED: Google, Microsoft, Meta and others; Coming months can be worse

Sources claim that this year could be worse after tens of thousands of employees were laid off last year....

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