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Edtech firm Vedantu lays off 424 employees

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Edtech firm Vedantu CEO Vamsi Krishna said in an email to employees that the company has laid off 424 people. That is about 7...

Twitter CEO says two leaders to depart, hiring paused amid Musk...

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Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media company, Chief Executive Officer Parag Agrawal told employees...

Thousands of layoffs are planned as part of Novartis restructuring

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Novartis AG has confirmed that it would cut jobs as part of a wide-ranging restructuring aimed at saving $1 billion by 2024. The Swiss healthcare...

Furlenco lays off 180 employees, shuts operations in some cities: Report

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Furlenco, the furniture rental startup has reportedly laid off between 180-200 employees involved in customer grievance redressal, scheduling, and other similar customer support functions. According...

Disney World to lay off 11,000 employees amid pandemic

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Disney World to lay off 11,000 employees amid pandemic Walt Disney World says it plans to lay off more than 11,000 unionized workers because of...

Disney to lay off 28,000 Theme Park employees

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Disney to lay off 28,000 Theme Park employees in U.S. Walt Disney Co. plans to lay off 28,000 theme park employees in U.S., as the...

Cognizant losses 10,500 employees b/w Apr-Jun 2020

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Cognizant losses 10,500 employees during the April-June quarter, as part of its strategy to reduce costs and fund investments for growth Amid COVID-19 crisis, IT major...

Microsoft cuts jobs across geographies and teams

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Microsoft cuts jobs across geographies and teams as it enters new fiscal year According to media reports, Microsoft has trimmed its workforce across geographies and...

Amdocs to lay off hundreds of employees: Report

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Amdocs to lay off hundreds of employees worldwide, including senior positions Israeli telecom systems IT solutions provider Amdocs Ltd is set to lay off hundreds of...

Bombardier Inc to cut 2,500 aviation jobs

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CANADIAN plane and train maker Bombardier Inc said on Friday it would cut 2,500 jobs, or about 11% of the workforce at its aviation unit, as...