Tag: downsizing
EdTech firm PhysicsWallah sacks over 100 employees
Indian EdTech Firm, PhysicsWallah (PW) has sacked nearly 120 employees due to a performance review.
Satish Khengre, Chief Human Resources Officer at PhysicsWallah said,...
Tata Steel cuts 800 jobs in the Netherlands
As per Reuters, an Indian multinational steel-making company, Tata Steel has sacked 800 employees in the Netherlands. The employees have been impacted by the...
Over 4 Lakhs employees lost Jobs in 2023
The year 2023 has been a year of layoffs. Some companies have skipped or rethinking on-campus hiring. However, Over 4 Lakhs employees lost Jobs...
Layoffs 2023: Gaming company, Unity plans to layoff employees
The world’s leading gaming platform, Unity is planning to layoff employees as part of cost-saving measures. However, the exact number of layoffs at Unity...
Citigroup plans to lay off 10% of its workforce
An American multinational investment bank and financial services corporation, Citigroup has planned to lay off 10% of its workforce.
According to the reports of CNBC,...
Electrolux is expected to layoff 3,000 positions
Electrolux Group is expected to layoff approximately 3,000 positions, resulting in a restructuring charge in the fourth quarter of 2023 of SEK 2-2.5bn, which...
Volkswagen plans to sack 2,000 jobs
Volkswagen is planning to cut 2,000 jobs at its troubled software unit Cariad as part of a restructuring plan.
The move of layoffs is part of...
Google to sack employees from its news division
An American multinational technology company, Google to sack employees from its news division.
“We’re deeply committed to a vibrant information ecosystem, and news is a part...
Nokia to slash 14,000 jobs to save costs
According to Reuters, Finnish multinational telecommunications, information technology, and consumer electronics corporation, Nokia is planning to slash 14,000 jobs to save costs. The layoffs...
After LinkedIn, KPMG lays off about 6% of deal advisory staff...
As reported by Business Today, A multinational professional services network, and one of the Big Four accounting organizations, KPMG is planning to sack nearly 100...