job cuts

Amazon could cut 14,000 managerial roles: ‘Now is the right time to …,’ says company

Amazon may eliminate approximately 14,000 manager positions by early 2025, potentially saving up to $3 billion per year, according to…

2 months ago

Bengaluru-based Dunzo lays off 75% employees, reduces workforce to 50

Reliance Retail-backed Dunzo has laid off 75% of its workforce, reports Financial Express. Citing unknown sources aware of the matter,…

3 months ago

CoinSwitch Cites Drop in User Queries for Trimming Customer Support Team: Details

The global crypto market, that is currently undergoing a slump, could be losing community members who do not have an…

3 months ago

IBM is shutting down research labs in this country, to layoff 1000 employees

IBM has reportedly shut down its research and development (R&D) operations in China, adding its name to a growing list…

3 months ago

General Motors lays off over 1,000 employees, including hundreds of software engineers; says “grateful to …

General Motors is laying off more than 1,000 salaried employees globally in its software and services division, the company confirmed…

3 months ago

Tech layoffs cross 100,000 in July 2024: Intel, Microsoft, Dyson, UKG and these companies cut thousands jobs

The wave of tech industry layoffs persisted through July 2024, with over 8,000 professionals across 34 technology companies lost their…

4 months ago

Sundar Pichai, Satya Nadella, Mark Zuckerberg and other tech CEOs on why companies are making job cuts

The tech industry's layoffs haven't stopped. After starting in 2023, many companies like Google, Microsoft, Facebook parent Meta and Amazon,…

5 months ago

Microsoft announces new round of layoffs, what the company’s spokesperson said

Microsoft has announced another round of job cuts, reports GeekWire. Microsoft’s fiscal year ended on June 30, 2024. As the…

5 months ago

Paytm said in talks with Zomato to sell movie ticketing business

Paytm is in talks with Zomato Ltd. to sell its movie and events ticketing business, according to people familiar with…

5 months ago

Layoffs in Crypto Industry Drop in February, Messari and Elliptic Most Recent to Slash Staff

The wave of layoffs that has severely impacted the tech industry in recent months, also hit the crypto sector around…

6 months ago

AI to boost productivity, may lead to job cuts, says Chandra

BENGALURU: Tata Sons chairman N Chandrasekaran said even as AI will enhance productivity, it may also result in job losses.…

6 months ago