Tag: Lay off
Yes Bank lays off 500 employees as part of restructuring efforts
An Indian private sector bank, Yes Bank has undertaken an internal restructuring that has resulted in the layoff of 500 employees, with additional layoffs...
IT Sector Faces Silent Layoffs; Nearly 100,000 Jobs Lost in 2024
The year 2024 has been a turbulent period for the IT and Tech sector, with nearly 100,000 employees losing their jobs globally.
According to...
Kissflow to lays off 45-50 employees
According to Money Control, Kissflow has reduced its workforce by approximately 15 percent, affecting around 45-50 employees. This downsizing spans across various departments, including...
An Employee Feels Survivorship Guilt After 80% Team was laid off
In a recent Reddit post, an employee shared his emotions following his company's mass layoff of 80% of his team.
He expressed his emotions...
Google & Microsoft to lay off hundreds of roles: Report
According to several media reports the top two leading IT firms Google and Microsoft lay off hundreds of roles.
Google, led by Sundar Pichai laid...
Ola Electric Cuts 500 Jobs for Cost Reduction
According to Economic Times, Ola Electric is preparing to downsize its workforce by approximately 400-500 employees across various departments.
This restructuring initiative is slated to...
Paytm plans to cut 5,000-6,300 jobs amid the crisis
A multinational financial technology company, Paytm plans to cut 5,000-6,300 jobs amid the crisis. The company may cut around 15-20 percent of its workforce.
In recent...
Luminar to cut nearly 20% jobs in the current year
Luminar Technologies, known for its lidar sensors crucial for autonomous vehicles, has announced a significant workforce reduction of approximately 20%.
Luminar Technologies is marking a...
Ola Cab CEO Hemant Bakshi resigns; Company plans 200 job cuts
Hemant Bakshi, who served as CEO of Ola Cabs has resigned from his services. He joined the company 4 months back in January 2024....
Whirlpool to cut 1000 jobs worldwide in restructuring move
A leading kitchen and laundry appliance company, Whirlpool is planning to cut 1000 jobs worldwide in a restructuring move.
According to Reuters, The company announced...