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Layoffs in July 2023 include toxic culture, breach of ethical code…

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The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day). In July...

Ericsson and Accenture to slash 750 and 890 jobs respectively

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The two major employers, Ericsson is to cut 750 of its US jobs & Accenture plans to cut 890 jobs from its Irish operations. Ericsson...

Overestimation of demand led to post-COVID job cuts: Minister

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In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated,...

Company sacks ‘Top Performer’ to set an example for others

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Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which...

Over 3 Lakhs employees (1,600 people per day) laid off in 2023

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The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023. The move of layoffs is...

‘Rollercoaster of emotions,’ says Microsoft employee fired after 25 yrs of...

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The year 2023 started off with the layoff note. Many Tech companies have sacked lakhs of employees. Recently, Microsoft conducted another round of layoffs which affected...

Healthtech startup MFine laid off over 500 people due to funding...

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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

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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...

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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

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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...