Automobile major Tesla may remove 10 percent of its workforce

Automobile major Tesla will remove 10 per cent of its global electric vehicle workforce.

Paytm Payments Bank likely to lay off employees amid uncertainty after RBI restrictions: Report

Mumbai: Paytm Payments Bank Limited (PPBL) may cut down its workforce by around 20 percent due to uncertainty about the bank's future, Reuters reported.

Cisco to remove 5 percent workforce

IT major Cisco on Wednesday announced its plan to lay off 5 percent of its global workforce.

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.

Facebook's parent company Meta to cut 10,000 additional jobs, slash 5,000 more vacant positions

Facebook's parent company Meta Platforms Inc. has planned to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months.

Facebook's parent company Meta plans to slash thousands of employees this week: Report

California: Meta Platforms Inc., which is the owner of popular social media platforms Facebook and Instagram, is planning another round of layoffs and will slash thousands of employees in the current week, media reports said on Tuesday.

In the season of layoffs, Google fires 100 robot workers that cleaned its cafeterias, tidied conference rooms

Amid mass layoffs, Google’s parent company Alphabet has also fired 100 robots that helped keep its cafeterias spick and span, reported Wired.

GoMechanic to lay off 70 pc staff after founders admit accounting irregularities

Sequoia-backed car repair startup GoMechanic is going to lay off 70 percent staff after founder Amit Bhasin admitted to financial reporting errors, adding that the cash-strapped company will also have its accounts audited by a third party.

Ola lays off 200 employees across businesses in restructuring exercise: Reports

Bengaluru/IBNS: Soft Bank-backed ride-hailing and EV manufacturing company Ola has laid off around 200 employees, media reported.

Meta to layoff more than 11,000 employees, Mark Zuckerberg calls the move a 'difficult change'

Facebook's parent company Meta has announced it will remove 13 percent of its staff, marking one of the biggest round of layoffs in the history of the company.