Search For "lay off"
Amazon plans to lay off 9,000 more workers: CEO
Updated : 3 years, 2 months ago IST
The latest cuts come after the company announced earlier this year that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant.
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Meta plans to fire 10,000 employees in second round of mass layoffs
Updated : 3 years, 2 months ago IST
The latest layoffs, announced on Tuesday, come after Meta said in November that it was eliminating approximately 13% of its workforce, or 11,000 jobs, in the single largest round of cuts in the company's history, CNN reported.
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Pakistan's industries bracing for cut in production, layoffs
Updated : 3 years, 3 months ago IST
Secretary General of the National Trade Union Federation Pakistan (NTUF) Nasir Mansoor said that as many as 1 million informal workers, mostly from the textile sectors, will lose their job.
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Zoom to lay off around 1,300 employees, CEO Eric Yuan taking 98 per cent p
Updated : 7 months, 4 weeks ago IST
Yuan stated that he and other executives will take a significant pay cut. In the message to employees, he admitted to making "mistakes" in how quickly the company grew during the pandemic.
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Dell Technologies plans to lay off 6650 workers
Updated : 7 months, 4 weeks ago IST
Dell Technologies Inc. plans to lay off around 6,650 workers which are approx. 5% of its global workforce.
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Goodyear to lay off 500 jobs: WSJ
Updated : 3 years, 4 months ago IST
In a statement released on Friday, Chief Executive Richard Kramer said that earnings were disappointing "given a significantly weaker industry backdrop, particularly in Europe." The company is set to report earnings for the fourth quarter on February 8. Its shares fell more than 3.5 per cent
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Layoff Season: US media witness massive job cuts
Updated : 3 years, 4 months ago IST
According to CNN, Vox Media, publisher of news websites like Vox and The Verge has announced that it will lay off 7 per cent of its workforce.
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Microsoft to lay off 10,000 employees by third quarter of 2023
Updated : 3 years, 4 months ago IST
Microsoft Corporation will lay off approximately 10,000 employees by the end of the third fiscal quarter of 2023 in response to macroeconomic conditions and changing customer priorities
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Microsoft to lay off thousands of employees today: Report
Updated : 3 years, 4 months ago IST
Microsoft is under pressure to maintain growth rates at its cloud unit Azure, after several quarters of the downturn in the personal computer market hurt Windows and devices sales.
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Advertisers back on Twitter: Elon Musk
Updated : 3 years, 5 months ago IST
Musk tweeted on Sunday: "Just a note to thank advertisers for returning to Twitter." The CEO of Tesla as well as Twitter, earlier this week, had tweeted and criticised tech giant Apple, saying that, "Apple has also threatened to withhold Twitter from its App Store, but won't tell us why (sic
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Amazon begins mass layoffs in US
Updated : 3 years, 6 months ago IST
The New York Times this week reported that Amazon was planning to lay off approximately 10,000 employees in corporate and technology roles. The report said the cuts would be the largest in the company's history.
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Twitter CEO Elon Musk "fires" app developer via tweet for this reason, fin
Updated : 7 months, 4 weeks ago IST
Twitter CEO Elon Musk, who has been laying off employees and contractors of the micro-blogging platform, has fired yet another member of his Twitter team and that too seemingly with a tweet.
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