Tag: Layoffs
Rupeek lays off 200 employees due to cost cuts
Bengaluru-based gold loan provider Rupeek has laid off around 200 employees from its workforce across multiple teams.
The company has laid off nearly 10-15% of...
Elon Musk opens door to a Tesla talent exodus
Elon Musk needs to cut one in ten jobs at Tesla. Some may already have their eye on the exit.
The Tesla chief executive’s...
Musk feels ‘super bad’ about economy, needs to cut 10% of...
Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of jobs at the electric carmaker, he...
Twitter enters restructuring mode, focuses on user growth
As Twitter pauses hiring, the micro-blogging platform is reportedly shifting employees away from audio Spaces, Communities and newsletters verticals for areas that "will have the greatest...
Info Edge-backed startup Udayy shuts down, lays off all employees
Info Edge-backed Edtech startup, Udayy has reported shutting down. This has caused the startup in laying off all its hundred employees.
The co-founder of...
Indiabulls social commerce app Yaari layoffs 60% of staff
Indiabulls owned social commerce application, Yaari has laid off 150 employees which is nearly 60% of its total workforce.
According to sources, the company has...
Cars24 lays off 600 employees on basis of ‘poor performance’
The pre-owned e-commerce platform, CARS24 has announced that the company is laying off around 600 employees due to poor performance.
CARS24 has a nearly 9,000-strong workforce. The...
Twitter CEO says two leaders to depart, hiring paused amid Musk...
Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media company, Chief Executive Officer Parag Agrawal told employees...
Henkel is slashing 2,000 jobs due to rising costs and low...
Germany's Henkel is slashing 2,000 jobs in response to rising costs and low demand for its shampoos and hair sprays and aims to make...
All units of TS Textile Park shut, nearly 1000Â people to lose...
The owners of these units have faced a heavy financial crunch so they had to close the units shut shop total of the 117-odd...