Tag: Lay offs
Morgan Stanley cuts about 1,600 jobs, 2% of its workforce
An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce.
The...
PepsiCo to layoff hundreds of staff at headquarters
An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North...
Hiring platform Hirect sacked 40% of the workforce
A leading job portal in India, Hirect has sacked nearly 200 people which is 40 percent of the total workforce.
Hirect laid off these employees...
US firm laid off nearly 2,700 people when they were ‘asleep’
A leader in the furniture industry and one of the largest furniture producers in the United States, United Furniture Industries has laid off approximately 2,700...
Railways fired one ‘non-performer or corrupt official’ every 03 days
According to PTI, the Railways has weeded out one "non-performer or corrupt official" every three days in the past 16 months, officials said.
Two senior-grade...
HP to cut at least 4,000-6000 jobs
An American multinational information technology company, HP is planning to lay off nearly 4000 to 6,000 employees.
This layoff is nearly around 12 percent...
Google plans to fire 10,000 poor performing employees
An American multinational technology company, Google is planning to fire nearly 10,000 employees. The layoffs will be on the grounds of 'poor performance'.
The...
Amazon layoffs are illegal, NITES says to labour minister
The Nascent Information Technology Employees Senate (NITES) has approached the Labour Ministry concerning the layoff of Indian employees at amazon.
“The law of the...
Zomato laying off nearly 3% of staff due to cost-cutting
Indian multinational restaurant aggregator and food delivery company, Zomato has confirmed that the company is laying off under 3 percent of its staff across the...
Cisco to lay off over 4,000 employees
An American-based multinational digital communications technology conglomerate corporation, Cisco will be laying off more than 4,000 employees.
According to a report in Silicon Valley Business...