Google wraps up Flutter, Dart, and Python teams; sudden job loss leaves employees in shock
Google has terminated employees from various technology teams, such as Flutter, Dart, and Python, among others, media reports said.
Novartis to cut 680 jobs in product development: Report
New Delhi: Swiss pharmaceutical company Novartis said on Tuesday that it plans to reduce its development organization workforce by as many as 680 positions, media reports said.
Nike plans to slash 1600 employees
US sportswear giant Nike is planning to slash 1,600 people, which comprises 2 percent of its workforce, media reports said.
Tech industry slashes 32000 jobs since January
Tech industries are witnessing another wave of layoffs in 2024 continuing the trend which was witnessed late last year.
American department store chain Macy's to slash 2,350 jobs
US department store chain Macy's is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores.
German software giant SAP to lay off 3,000 workers
Berlin: German software major SAP on Thursday said it is looking to terminate 3,000 jobs this year, at a time when global big tech companies are resorting to mass layoffs to cut costs citing weak growth and grim economic outlook, media reports said.
Swiggy terminates 380 jobs amid weak growth in food delivery business
Bengaluru: Food aggregator and quick commerce company Swiggy has laid off 380 workers citing challenging macroeconomic conditions and a slowdown in its food delivery business, media reports said.
Amazon to layoff 18,000 employees amid weak online sales growth
Amazon.com, struggling with a dip in online sales growth and prepping up for a possible recession, is likely to trim its workforce further, media reports said.
BYJU's to layoff 2,500 employees amid growing losses
BYJU's will hand out pink slips to nearly 2,500 employees across departments to cut costs amid growing losses in the next six months, the company said in a statement today.
France's Renault to slash around 15,000 jobs worldwide
Paris/Xinhua/UNI: France's second leading carmaker Renault on Friday announced that it would cut 14,600 posts worldwide and reduce production capacity over the next three years in order to save 2 billion euros (2.22 billion US dollars) and focus on profitable segments of activities.
Almost 25 million jobs could be lost worldwide as a result of COVID-19, says ILO
New York/IBNS: The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO).