Tag: Lay off
UBS to cut 100 jobs in Asia, Chargebee lays off 10%...
UBS Group AG is cutting Asia wealth-management jobs in the low hundreds, just months after completing its takeover of rival Credit Suisse as the bank...
Bengaluru-based startup fired employees helping find new jobs
Sambhav Jain and Kush Taneja, co-founders of Bengaluru-based startup fintech app Farm has announced the layoff of 18 employees.
Sambhav Jain shared a Tweet from...
Spinny used car retailer to cuts jobs to boost profitability
A new-age used car end-to-end platform in India, Spinny will cut around 300 jobs in order to boost profitability.
Spinny has about 6,000-6,200 employees and...
Layoffs in July 2023 include toxic culture, breach of ethical code…
The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day).
In July...
Ericsson and Accenture to slash 750 and 890 jobs respectively
The two major employers, Ericsson is to cut 750 of its US jobs & Accenture plans to cut 890 jobs from its Irish operations.
Ericsson...
Overestimation of demand led to post-COVID job cuts: Minister
In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts.
Rajeev Chandrasekhar stated,...
Company sacks ‘Top Performer’ to set an example for others
Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which...
Over 3 Lakhs employees (1,600 people per day) laid off in 2023
The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023.
The move of layoffs is...
‘Rollercoaster of emotions,’ says Microsoft employee fired after 25 yrs of...
The year 2023 started off with the layoff note. Many Tech companies have sacked lakhs of employees. Recently, Microsoft conducted another round of layoffs which affected...
Healthtech startup MFine laid off over 500 people due to funding...
The Bengaluru-based, healthtech startup, MFine has laid off 500 employees as the startup struggles to raise funds.
According to media reports, the job cut...