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.