Why tech companies are laying off thousands of workers
Major technology companies have cut thousands of jobs since the start of 2024 as the rise of artificial intelligence (AI) and interest rates upend the tech sector. While the U.S. …
tech layoffs
Tech layoffs in January 2024: CEO fires the whole company over 2-minute call; Google, Microsoft, Amazon continue layoffs; job cuts at TikTok, Flipkart, Swiggy, and others |
There have been increasing job cuts since 2023 which have continued into 2024. In 2023, over 240,000 jobs were lost, which was a 50% increase from the previous year. Despite …
Tech layoffs this week: Microsoft laying off 1,900 gaming staff, eBay cuts 1,000 jobs, and Flipkart, Swiggy plan job cuts, and more |
The tech industry has faced significant challenges, including a difficult economy, the COVID-19 pandemic, and business missteps, resulting in job cuts that increased in 2023 and seem to be accelerating …
Google lays off hundreds of workers
Google is laying off hundreds of workers across its virtual assistant, augmented reality and central engineering teams, a spokesperson confirmed to The Hill on Thursday. The layoffs will impact a …
What CEO who fired his entire company during the 2-minute GMeet call told employees
Just seven months after swallowing rival Zencity, US-based Frontdesk recently shut shop. Dreams of redefining temporary housing turned into dust, as the startup managing over 1,000 furnished apartments across the …
Spotify to cut 17 percent of staff
Spotify plans to cut about 17 percent of its workforce in the company’s third round of layoffs this year, CEO Daniel Ek announced on Monday. About 1,500 employees will be …
LinkedIn laying off more than 660 workers
LinkedIn is laying off more than 660 workers across its engineering, product, talent and finance teams, the employment-focused social media site announced Monday. “Talent changes are a difficult, but necessary …
Qualcomm Layoffs: Qualcomm is laying off more than 1,000 employees: All the details
It seems like the brief respite from bad news of big tech companies laying off employees has come to a halt. According to a report by CNBC, Qualcomm has announced …
Rising Count of Job Cuts by Indian Startups: 17,000 and Continuing
With no thaw in the funding winter, the Indian startup ecosystem is seeing unprecedented mass layoffs, leaving thousands without jobs. In the first half of the year 2023, startups in …
Cisco Implements Layoffs Across Business Units in Response to Technological Changes
Networking giant Cisco is implementing a fresh round of layoffs as part of its restructuring plan announced in November 2022. As reported by Computerworld, Cisco has confirmed that these layoffs …