Tag: Layoff
Business
Disney Announces Job Cuts and New Sequels to Toy Story, Frozen, and Zootopia
As part of a $5.5 billion savings effort, Disney has revealed a significant corporate restructuring plan that would result in losing 7,000 jobs. The restructure, which...
Business
Dell Announces Job Cuts As PC Sales Declines
Adwaith -
The tech industry is in distress, as declining PC sales and the threat of a recession forced companies to lay off workers. Dell is...
Business
Spotify Layoff 600 Employees in Effort to Cut Costs and Reorganize Operations
Vishak -
Spotify, the world's largest music streaming service, has announced 600 job cuts to reduce expenses. This decision coincides with a wave of layoffs at tech businesses...
Business
Google Parent Alphabet Announces 12,000 Job Cuts Due to the Economic Downturn
Vishak -
Alphabet, Google's parent company, has stated that it would cut around 12,000 employees or approximately 6% of its global workforce. Sundar Pichai, CEO of Google, stated...
Business
Microsoft Announces 10,000 Job Cuts
Vishak -
Microsoft, one of the world's greatest technology companies, has announced 10,000 job cuts as part of a "workforce reduction" initiative. The layoffs, disclosed in a blog post...
Internet
Elon Musk Ends Layoffs And Is Planning To Start Recruiting
Vishak -
Musk said that the company had stopped laying off employees and began a new recruitment phase since, out of 7500 employees over the past...
Business
Amazon Will Layoff Around 10,000 Workers
Vishak -
As per The New York Times report, Amazon is planning about 10,000 job cuts, starting as early as this week. It seems that the job...
Business
Meta Would Layoff More Than 13% Of Its Employees
Vishak -
It has been announced for a few days, but now it's official — the wave of layoffs at tech companies is also reaching the social media group,...