Layoff : Google to fire low performing employees
The phrase “layoff” is the most terrifying. The work market is volatile, especially in the aftermath of the pandemic. Downsizing is never a good idea because it can harm both…
Mass Layoffs : Amazon to lay off 20000 employees including top managers
Amazon is expected to lay off twice as many staff than it originally stated. According to a new Computerworld article, Amazon plans to lay off up to 20,000 employees worldwide…
Layoffs continues as Oyo to fire 600 employees, hire 250 executives
As it closes projects and integrates teams, Oyo expects to lay off 600 executives across its technical and product teams. The business announced on Saturday that it is employing 250…
Now, FIS reportedly layoff 400 employees in Pune
Many employees of the US financial services technology firm FIS got termination letters on Thursday, stating that their position with the company had become obsolete. According to the letter, FIS…
Layoffs : List of companies reducing their workforce this year
As a result of increasing interest rates, slower consumer spending in the United States, and a strong dollar abroad, tech businesses are cutting workforce and slowing hiring. According to Challenger,…
Labor ministry to setup inquiry on resignations at Amazon
The labor ministry will launch an investigation to determine whether the recent wave of resignations at Amazon India constituted illegal layoffs in violation of labor rules or terms of service.…
Amazon asks some Indian employees to resign voluntarily with monetary benefits (VSP)
VSP : Amazon has asked some of its Indian employees to voluntarily resign and get monetary compensation. Amazon let off roughly 10,000 individuals this week, and more layoffs are planned…
Elon Musk reportedly planning to fire more employees this week
Elon Musk intends to fire more Twitter Inc. employees as early as Monday, this time focusing on the sales and partnership side of the business following mass resignations among engineers…
Cisco plans to layoff 4000 employees, post solid results
Cisco plans to lay off around 4,000 employees as part of a personnel “rebalancing,” following a solid earnings report and full-year projections from the networking giant. According to published sources,…
Amazon starts mass lay-offs including its corporate workforce
Amazon has launched significant lay-offs in its corporate ranks, making it the latest technology corporation to reduce its employees amid growing concerns about the overall economic outlook. The business alerted…