Tag: layoff

Over 80,000 tech employees lost jobs globally in first four months this year in 279 firms: Report

Latest figures from layoff.fyi, a portal that tracks tech sector job cuts, 279 tech companies have sacked 80,230 employees to date (till May 3).

May 4, 2024

Google sacks 28 employees involved in protests over Israel govt contract

The 28 employees who have been asked to go protested a $1.2 billion Google Cloud contract for the Israeli government.

April 18, 2024

SpiceJet’s stock drops nearly 10 pc as CCO, COO reportedly asked to resign

As layoffs at SpiceJet continue, Chief Commercial Officer Shilpa Bhatia and Chief Operating Officer Arun Kashyap have left the company.

March 12, 2024

Zoom lays off 150 employees, Okta slashes 400 jobs

Zoom said the layoffs are not company-wide and it will continue to hire for roles in artificial intelligence, sales, product and across operations in 2024.

February 3, 2024

Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off

Alphabet (the parent company of Google) posted revenues of $307 billion for the full year 2023, up 9 per cent compared to 2022.

January 31, 2024

Amazon reduces nearly 5% of workforce at its Buy with Prime unit

The Buy with Prime service lets online stores offer two-day shipping to Prime subscribers.

January 19, 2024

YouTube laying off 100 employees from creator management teams: report

YouTube’s music and support teams are also being reportedly reorganised. In an internal staff memo, Coe said that these changes are intended to streamline YouTube’s business.

January 18, 2024

Google to lay off ‘a few hundreds’ employees from ad sales team

A Google spokesperson also confirmed that “a few hundred roles globally are being eliminated” as part of the restructuring.

January 17, 2024

46 tech companies let go over 7,500 employees in first 2 week into NY

The global layoffs, which continued even in the holiday season late last year, are set to impact the Indian workforce once again.

January 14, 2024

Disney-owned Pixar to undergo layoffs this year: Report

The studio clarified that the layoffs are not imminent, but will occur later this year as Pixar focuses on creating less content, the report mentioned.

January 12, 2024