Tag: Layoffs
McKinsey & Company to slash 1,400 jobs this week
According to a Bloomberg report, Consulting giant McKinsey & Company is embarking on a rare round of major job cuts, with plans to eliminate...
Employee sacked for reheating food in the company’s microwave
The year 2023 started on a layoff note. So far in 2023, there have been 708 layoffs at tech companies with 211,140 people impacted (2,427 people per day).
In 2022, there...
GitHub sacks entire engineering team in India
Microsoft-owned, AI-powered developer platform GitHub has sacked its entire engineering team operating in India. This has affected nearly 100 employees.
Gergely Orosz, Tech writer...
Flipkart’s Chief People Officer confirms no mass layoffs at Flipkart
The e-commerce company Flipkart Krishna Raghavan, the Chief People Officer has said that there will be no mass layoffs in the company.
In the conversation with mint...
IT services companies plan to cut 5% of the BFSI workforce
The US and European banks are currently facing a financial crisis. This will adversely affect India's many IT services companies including Tata Consultancy Services (TCS),...
No end to layoffs! READ heartbroken CEO’s message on layoffs
There is no end to layoffs recently an American worldwide employment website, Indeed has sacked 2,200 employees roughly 15% of the workforce.
The company's severance...
Amazon posted nearly 25000 openings for 7798 approved positions
According to Insider reports, Amazon team of the Web Services Department (AWS) had posted 24,988 open positions, but only 7,798 of those positions were approved...
Meta former employee was paid Rs 1.5 crore salary to do...
A former Meta employee Madelyn Machado shared a video on TikTok revealing how she had nothing to do especially in the recruiting space at...
Accenture to sack 19,000 employees in next 18 months
A leading global professional services company, Accenture will sack 19,000 employees which is nearly 2.5 percent of the company's workforce.
More than half of the layoffs would...
‘Please resign’: Zuckerberg’s email, asks an employee to resign
An old email from Meta CEO Mark Zuckerberg wrote on September 22, 2010, in which he is asking a Facebook employee to "please resign”...