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New Delhi23 minutes ago copy link IT sector giant Cognizant is going to make a major cut in its workforce, which may affect more than 15,000 employees worldwide. According to the report of Moneycontrol, the maximum number of employees will lose their jobs in India in this layoff, which is considered to be the biggest…
Meta, the parent company of Facebook and Instagram, is planning to fire about 8,000 employees in May this year. This layoff will be the company’s biggest step after the restructuring that took place in late 2022 and early 2023. According to Reuters report, this large-scale workforce reduction may begin around May 20. In the initial…
Meta, the parent company of Facebook and Instagram, is planning to fire about 8,000 employees in May this year. This layoff will be the company’s biggest step after the restructuring that took place in late 2022 and early 2023. According to Reuters report, this large-scale workforce reduction may begin around May 20. In the initial…
Hindi News Business Amazon Layoffs: 30,000 Office Workers To Be Cut; 16,000 More Jobs Eliminated New Delhi45 minutes ago copy link In October last year, it was announced to lay off 14,000 employees. The world’s largest e-commerce company Amazon on Wednesday announced the layoff of 16,000 more employees. This is part of the restructuring process…
New Delhi: After spending more than two decades at Microsoft, 62-year-old Joe Friend found himself facing an unexpected twist in his career — a layoff in May that upended his retirement plans. Nearly six months later, Joe is still figuring out his next move. One thing he’s certain about, though, is that his journey in…
New Delhi: A worker in the United States under an H-1B visa has taken to Reddit, revealing growing fears about a looming job loss. Titled “PIP on H-1B – Possibly will lose my job after November 24th”, the post has led to conversations across the platform. Many users have shared concerns, advice and insights. The…
New Delhi: Microsoft Corp. is laying off 650 employees in its Xbox division which marks the third round of job cuts this year. According to Bloomberg, this moves comes as part of the company’s efforts to reduce costs while working to integrate its recent 69 billion dollars acquisition of Activision Blizzard Inc. The gaming industry…
Tech companies in August 2024 continued their wave of job cuts with over 27,000 employees from more than 40 companies. This includes major names like Intel, IBM and Cisco facing layoffs. This adds to the growing total of the year with over 136,000 tech workers laid off by 422 companies so far. Here’s a closer…
Published By: Business Desk Last Updated: August 06, 2024, 18:10 IST Purportedly dressed in a $400 (Rs 33,000 approx.) Burberry T-shirt, the CEO’s ironical appearance has everyone’s attention. Unacademy Announces ‘No Appraisals’ For Employees While the wave of layoffs continues to hit multiple industries, Unacademy, a major player in the Indian edtech sector, is not…