Tag: Lay off
Healthtech startup MFine laid off over 500 people due to funding...
The Bengaluru-based, healthtech startup, MFine has laid off 500 employees as the startup struggles to raise funds.
According to media reports, the job cut...
Edtech firm Vedantu lays off 424 employees
Edtech firm Vedantu CEO Vamsi Krishna said in an email to employees that the company has laid off 424 people. That is about 7...
Twitter CEO says two leaders to depart, hiring paused amid Musk...
Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media company, Chief Executive Officer Parag Agrawal told employees...
Thousands of layoffs are planned as part of Novartis restructuring
Novartis AG has confirmed that it would cut jobs as part of a wide-ranging restructuring aimed at saving $1 billion by 2024.
The Swiss healthcare...
Furlenco lays off 180 employees, shuts operations in some cities: Report
Furlenco, the furniture rental startup has reportedly laid off between 180-200 employees involved in customer grievance redressal, scheduling, and other similar customer support functions.
According...
Disney World to lay off 11,000 employees amid pandemic
Disney World to lay off 11,000 employees amid pandemic
Walt Disney World says it plans to lay off more than 11,000 unionized workers because of...
Disney to lay off 28,000 Theme Park employees
Disney to lay off 28,000 Theme Park employees in U.S.
Walt Disney Co. plans to lay off 28,000 theme park employees in U.S., as the...
Cognizant losses 10,500 employees b/w Apr-Jun 2020
Cognizant losses 10,500 employees during the April-June quarter, as part of its strategy to reduce costs and fund investments for growth
Amid COVID-19 crisis, IT major...
Microsoft cuts jobs across geographies and teams
Microsoft cuts jobs across geographies and teams as it enters new fiscal year
According to media reports, Microsoft has trimmed its workforce across geographies and...
Amdocs to lay off hundreds of employees: Report
Amdocs to lay off hundreds of employees worldwide, including senior positions
Israeli telecom systems IT solutions provider Amdocs Ltd is set to lay off hundreds of...