Tag: downsizing
eBay sacks 9% full-time employees: CEO’s letter to employees
Unlike other tech companies, an American multinational e-commerce company, eBay has announced a reduction of 9% or approximately 1,000 roles.
While announcing the layoffs the...
SAP announces Transformation Program that will impact 8,000 jobs
A German multinational software company, SAP has announced its restructuring plan for 2024 that will impact 8000 jobs, 7.4% of SAP's total workforce.
SAP will implement...
Amazon, Bosch & Tata Steel collectively to sack over 4000 people
After Meta and Google, The three leading companies Amazon, Bosch, and Tata Steel collectively may lay off over 4000 employees.
Amazon announces job cuts in...
YouTube sacks hundreds of employees amid restructuring process
An American online video-sharing and social media platform, YouTube has sacked hundreds of employees as part of the restructuring process.
A Google spokesperson said, “As...
Google sacks employee after 19 years of service: Layoffs Suck
An American multinational technology company, Google has recently sacked an employee after 19 years of service.
The former Google employee Kevin Bourrillion took the...
Citigroup will be cutting 20,000 jobs
An American multinational investment bank and financial services corporation, Citigroup Inc. has reported a net loss for the fourth quarter of 2023 of $(1.8) billion,...
Layoffs continue in 2024, Google sacks hundreds of employees
According to Reuters, an American multinational technology company, Google said on Wednesday that the company is laying off hundreds of employees working in Assistant,...
Flipkart to layoff 5-7% of workforce soon based on performance
According to TOI report, the e-commerce platform, Flipkart will sack 5-7% workforce based on a performance review that will be completed by March-April.
Flipkart, excluding its...
Frontdesk laid off entire staff in 2 mins call, Xerox to...
As 2024 starts A prop-tech startup company, Frontdesk has laid off around 200 employees which is the entire workforce of the company, over a...
Paytm CEO shares to-do list- 2024Â after sacking over 1,000 people
An Indian multinational financial technology company, Paytm CEO Vijay Shekhar Sharma said that the company would undergo major AI upgrades in 2024.
He has shared a...