No salary hike for Microsoft employees in 2023 amid economic uncertainty
Amid massive job cuts, Microsoft CEO Satya Nadella informed the employees that the company will not be offering a salary hike this year media reports said.
Fintech company ZestMoney to cut 20% workforce: Report
Bengaluru: ZestMoney, a buy now, pay later (BNPL) platform based in Bengaluru, is cutting 100 jobs, around 20% of its workforce, Business Standard reported.
Microsoft-owned GitHub sacks over 140 Indian staff: Reports
Los Angeles: Microsoft-owned GitHub is the latest tech company that has fired more than 140-member strong entire engineering team in India.
Twitter fires at least another 200 employees: Reports
Washington/UNI: Twitter has laid off at least another 200 employees on Saturday evening, The New York Times reported citing sources familiar with the matter.
Telecom equipment maker Ericsson to cut 8,500 jobs: Report
Ericsson, a manufacturer of telecommunications equipment, is set to reduce its expenses by terminating 8,500 employees worldwide, according to a memo seen by Reuters.
Seven former Google employees, who were recently laid off, join to form new company
New York: Seven former Google employees, who were recently laid off by the search engine major, have joined to form a new company.
Yahoo to layoff 20 percent staff
New Delhi: IT major Yahoo has said it will layoff 20 percent of the total workforce as part of a major restructuring of its ad tech unit, media reports said.
BYJU's cuts off 1,000 more jobs: Report
Bengaluru: Ed-tech company BYJU’s laid off 1,000 more employees in a fresh round of layoffs, media reports said.
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.
Spotify to reduce 6 pct of global workforce
San Francisco: Music streaming service company Spotify announced on Monday that it will lay off about 6 percent of its global workforce, impacting some 600 employees.
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.
Google cuts 12,000 jobs, offers severance, healthcare and other support for terminated workers
Google’s parent organization Alphabet is laying off 12,000 employees or 6 percent of its workforce amid a grim growth outlook.
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.
Video streaming company Vimeo to cut staff by 11 pc due to 'uncertain economic environment'
New York/IBNS: Video hosting company Vimeo will lay off 11 percent of its employees amid “an uncertain economic environment” to invest in our growth priorities and be sustainably profitable, the company’s CEO Anjali Sud said in a blog post.
Google likely to lay off 10,000 people in early 2023: Reports
Amid a wave of layoffs, Google’s parent company Alphabet, too, plans to fire a significant chunk of its workforce--around 6 percent, or 10,000 people, media reports said.