Tag: Layoffs
Unilever to expedite GAP, cuts 7500 jobs, splits Ice Cream
Unilever has announced initiative to expedite its Growth Action Plan (GAP) by splitting its Ice Cream division and initiating a significant productivity program.
The division...
Air India terminates employment for over 180 non-flying employees
The flag carrier airline of India, Tata Group, Air India has terminated employment for over 180 non-flying employees.
CNBC reported Air India's statement, "As part...
Paytm anticipates 20% reduction in its workforce
As per the reports of Money Control, one of India's largest digital payment apps, Paytm expects to reduce its workforce by approximately 20%. However, the...
Shell to reduce Deals Team workforce by 20% for cost-saving
An international energy company, Shell intends to trim its Deals Team workforce by at least 20% as part of ongoing efforts to streamline its...
IBM announces layoffs in marketing division in brief 7-mint meeting
According to a CNBC report, IBM (International Business Machines Corp) initiated layoffs in its marketing and communications division without specifying the number of affected...
YouTube Music contract staff sacked without notice
As the contract between Cognizant and Google came to an end, YouTube Music employees who were subcontracted through Cognizant faced layoffs. The workers had...
Sony PlayStation division to cut 900 jobs: Read CEO Message
PlayStation maker Sony Interactive Entertainment will lay off overall headcount globally by 8% or about 900 people, subject to local law and consultation processes....
Expedia to cut 1,500 jobs; Bosch Group & Cisco sack employees
Expedia, the online travel platform, would be reducing its global workforce by approximately 1,500 employees, which constitutes about 9% of its total staff.
This...
Job cuts are expected to continue in tech companies
After two years of massive layoffs in IT and Tech companies, job cuts yet continue and are expected to carry on further in 2024.
In...
Don’t handle Terminations brutally, here are ways to improve Layoffs
So far in 2024, there have been 269 layoffs at tech companies with 51,065 people impacted (1,135 people per day). In 2023, there were 2,001 layoffs at tech companies 428,836 people impacted (1,175 people per day).
We...