

Wave of Layoffs Hits Tech Industry in First Quarter of 2024: Major Companies Cut Thousands of Jobs
The technology industry has been rocked by a series of layoffs in the first quarter of 2024, as companies grapple with challenging market...

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Apr 1, 20242 min read
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Netflix Co-Founder Marc Randolph Offers Advice on Hiring Wisely
In the midst of a wave of layoffs by companies large and small, Netflix co-founder Marc Randolph is offering some advice on how to hire...

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May 16, 20232 min read
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Morgan Stanley Considers Cutting 7% of Asia-Pacific Investment Banking Workforce
Investment bank giant Morgan Stanley is considering cutting 7% of its Asia-Pacific investment banking workforce. The cuts are expected to...

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May 16, 20231 min read
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Intel Confirms Plans to Cut Workforce Amid Challenging Economic Environment
Intel, the semiconductor chip manufacturer, has announced plans to reduce its workforce as part of cost-cutting measures to navigate a...

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May 9, 20231 min read
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Morgan Stanley Plans Fresh Job Cuts as Recession Fears and Deal Slump Persist
Morgan Stanley, one of the largest banks in the world, is reportedly preparing to make significant job cuts in response to a challenging...

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May 2, 20232 min read
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Qualcomm Set to Announce Company-Wide Job Cuts in Response to Tech Slowdown
In its upcoming quarterly results on May 3, Qualcomm, the multinational chip manufacturer, is expected to announce significant job cuts...

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Apr 29, 20232 min read
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Lyft to Lay Off 1,072 Employees as Part of Streamlining Efforts
Ride-hailing app Lyft has announced its plans to lay off 1,072 employees, which constitutes approximately 26% of its corporate workforce....

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Apr 28, 20232 min read
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Amazon Announces Layoffs in Cloud Computing and HR Departments
Introduction: Amazon has initiated a series of job cuts affecting its cloud computing and human resources departments. The layoffs, which...

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Apr 27, 20232 min read
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Indian BNPL startup Simpl lays off over 25% of its workforce to cut costs and extend runway
Buy-now-pay-later (BNPL) fintech firm Simpl has laid off over 25% of its workforce as part of a cost-cutting measure to extend its...

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Apr 20, 20231 min read
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Meta to Conduct Another Round of Layoffs Affecting Up to 10,000 Jobs, Reports Say
Meta, the parent company of Facebook, Instagram, WhatsApp, and Reality Labs, is reportedly planning another mass round of layoffs this...

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Apr 19, 20232 min read
219 views
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Unprecedented job cuts: US sees 396% increase in layoffs, tech industry hit hardest
US employers have announced that over 270,000 people were laid off in the first quarter of 2023, marking a 396% increase from the...

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Apr 8, 20232 min read
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Accenture to Cut 19,000 Jobs and Lower Annual Revenue Forecast Amid Global Economic Slowdown
Global IT services provider, Accenture Plc, has announced that it will be cutting 2.5% of its workforce, or 19,000 jobs, as a result of a...

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Mar 24, 20232 min read
906 views
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Amazon announces 9,000 job cuts in the face of uncertain economy
On Monday, Amazon announced that it would be cutting 9,000 jobs, joining a number of Big Tech companies that have recently been forced to...

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Mar 20, 20232 min read
999 views
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Meta Platforms Announces 10,000 Job Cuts and Restructuring Amid Economic Downturn
Facebook-parent Meta Platforms announced on Tuesday that it would be cutting 10,000 jobs as part of a wider restructuring plan. This...

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Mar 15, 20232 min read
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Microsoft Conducts Third Round of Job Cuts Affecting AI, IoT, and Supply Chain Roles
Microsoft has recently announced that it has conducted a third round of job cuts affecting employees in various roles related to supply...

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Mar 11, 20232 min read
473 views
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Indore-based IT Co. SoftGrid Computers sets example for promoting work-life balance among employees
SoftGrid Computers, a small IT company based in Indore, Madhya Pradesh, has become the talk of the town for prioritizing its employees'...

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Feb 22, 20232 min read
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Google Employees in Zurich Walk Out to Protest Company's Job Cuts
16, February 2023: Around 250 Google employees in Zurich walked out of the office to protest the company’s decision to cut its workforce...

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Feb 16, 20232 min read
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