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.
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.
Ola likely to layoff 200 employees across software teams: Reports
Ola is likely to lay off 200 employees across its software teams, especially those working for the work related to its app, media reports said.
Netflix lays off 150 US-based jobs
Washington/UNI: Netflix has laid off about 150 employees a month after it announced loss of subscribers for the first time in a decade.
Edtech company Unacademy lays off 10 pc of its employees: Report
Bengaluru/IBNS: Edtech company Unacademy has handed pink slips to 600 of its employees, equivalent to 10 percent of its workforce in a move to cut costs ahead of potential lowering of funding, media reports said.
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.