express news service Bengaluru: As the economy slows, many companies are taking cost-cutting measures by laying off hundreds of employees. From Amazon, Dunzo and ShareChat to Ola and payments firm…
Tag: Layoffs
Layoffs Affecting 1,600 Tech Workers A Day on Average In 2023
So far, an average of about 1,600 tech sector workers will be laid off every day through 2023, according to insiders. Europa Press News / ContributorAmazon delivery truck in Spain.…
Layoffs At Tech Giants Continue In 2023
(RTTNews) – Several big tech companies have announced mass layoffs as rising inflation and uncertain macroeconomic conditions fuel recession fears, but search giant Google ‘s parent company, Alphabet Inc., avoids…
Silicon Valley’s Tech Layoffs Could Affect the Housing Market in 2023
JasonDoiy/Getty Images Silicon Valley could face increasing headwinds in 2023, despite having a particularly tough time last year. In late 2022, a wave of layoffs began crashing into the California…
ShareChat Layoffs: Company fires 20% employees in a fresh round of job cuts
Investors wary of high valuations in an uncertain stock market continue to push technology companies to cut costs as the market continues to witness rising inflation and concerns about the…
ShareChat announces layoffs, fires 20% employees in latest job cuts
Google-backed social media company ShareChat announced layoffs on Monday. The company confirmed the layoffs and said there were “several external macro factors impacting cost and capital availability.” ShareChat is valued…
Amazon India layoffs: IIT, NIT graduates with shorter stint laid off in latest round of job cuts
Also Read: Tech giants prepare for tough year IIT and NIT graduates who have been with the company for less than a year have been laid off in recent rounds…