Tag: workforce reduction
Tech Firm Five9 Faces Tough Choices; Layoffs Announced
Five9, a San Ramon-based contact center products vendor, has recently announced workforce reduction. The company has decided to lay off approximately 7 percent of...
Why Did Cognizant Cut 9,300 Jobs in One Year?
Cognizant Technology Solutions Corporation recently reported a 2.1% sequential revenue growth for the June 2024 quarter, despite a significant reduction in headcount.
In Q2FY24,...
TikTok owner ByteDance to cut down its 2,000-plus India team
TikTok owner ByteDance to cut down its 2,000-plus India team
China’s ByteDance is cutting the size of its 2,000-plus India team and is unsure when...
Infosys to cut senior-level roles to flatten the structure
Infosys to cut senior-level roles to flatten the structure in a staggered manner in order to ensure faster decision making and flatten the organization....