Tag: downsizing
Check out the Reasons for Layoff of over 4 lakh people...
As per Trueup Report Layoff 2023, there are 1,992 laid off at tech companies with 428,335 people impacted (1,187 people per day).
In 2023, the companies laid off employees...
Nike plans to sack hundreds of employees to cut costs
An American athletic footwear and apparel corporation, Nike is planning to sack hundreds of employees to cut costs.
Due to Nike's poor sales over the...
Google to lay off 30,000 employees due to AI restructuring?
According to various media reports, The IT major, Google's advancement in artificial intelligence may result in restructuring the ad sales department, which may impact...
Paytm to sack more than 1000 employees amid cost-cutting
As per ET report, an Indian multinational financial technology company, Paytm will sack over 1000 employees amid cost-cutting measures.
The layoffs are currently impacting...
Game publisher, Versus Evil shut down, entire team was laid off
Game publisher, Versus Evil has announced that the company will shut down leading to the layoff of the entire team.
indie games publisher has shared...
Technology company Intel to lay off 235 employees
According to various media reports, an American multinational corporation and technology company, Intel is laying off 235 employees.
The company spokesperson said, "Intel is working...
Udaan to lay off 100-150 employeesÂ
A B2B trade platform, designed specifically for small & medium businesses in India, Udaan to lay off 100-150 employees. These are roughly 10% of the...
ZestMoney to shut down, to lay off the remaining 130 employees
Buy now pay later (BNPL) firm ZestMoney will be shutting down its operations this month and will lay off the remaining 130 employees.
The...
Simplilearn layoffs 200 employees
According to inc42, The world's leading digital skills provider, enabling learners across the globe, Simplilearn laid off 200 employees due to poor performance.
The...
In today’s Job Market is Your Job Safe? Or Can You...
Recently, An American artificial intelligence research organization, OpenAI sacked CEO Sam Altman.
The company said, “Mr. Altman’s departure follows a deliberative review process by the...