layoffs

Intel Might Lay Off 20 Percent of its Employees This Week, Thousands of Workers To Be Affected

23 Apr 2025

Intel plans to cut 20% of its workforce under new CEO Lip-Bu Tan The job cuts aim to “eliminate bureaucracy” This mirrors Meta’s 2023 “Year of Efficiency,” when it cut 13% of staff and flattened management Intel is reportedly gearing up for another round of layoffs and it could...

Google Reduces Management Roles by 10% to Boost Efficiency

20 Dec 2024

Google has announced a 10% reduction in management roles and layoffs to improve efficiency. Google CEO Sundar Pichai shared this during an all-hands meeting. He explained that some positions were eliminated, while others were shifted to individual contributor roles. This change is part of Google’s ongoing effort to streamline operations...

Laid Off By YesMadam? This Gurugram Company Offers Jobs To All: ‘Stressed Employees Can Perform’

10 Dec 2024

Magicpin, the Gurugram food delivery platform, came forward and began recruiting more than 100 employees of Noida-based home salon service firm YesMadam, laid off apparently after admitting stress at the workplace in the internal mental health survey. The employees were reportedly asked to leave the job due to an internal...

Paytm Terminates Undisclosed Number Of Employees, Offers Outplacement Support

10 Jun 2024

Paytm's Parent company One97 Communications Limited fired an undisclosed number of employees as a part of the restructuring process on Monday. As a result, Paytm is giving outplacement support to these employees, and is collaborating with over 30 companies, which are currently hiring or facilitating, by sharing information to place...

Citigroup to give pink slips to 286 employees: Report

01 Mar 2024

Citigroup, a global American investment bank and financial services provider, plans to let go of 286 workers in New York. The bank, which is undergoing a significant transformation, announced in January 2024 that it would eliminate 20,000 positions over the following two years. Three different letters from the company indicated...

Over 7,500 Employees Laid Off by Tech Giants in January Amidst Continued Investments in Generative AI

18 Jan 2024

Recent layoffs at Google and Amazon have marked the beginning of a trend that signals ongoing job cuts in 2024, as major tech companies prioritize investments in generative artificial intelligence (AI). While the "Year of Efficiency" in Big Tech may be over, analysts anticipate that the layoffs this year will...

Amazon could layoff 20,000 employees

05 Dec 2022

Amazon is planning to lay off around 20,000 employees from the company in the coming months. Meanwhile from several regions, the employees will be fired from distribution centers including their technology staff and corporate executive. Earlier, CEO Andy Jassy hinted at the layoff but the number of employees to be...

Amazon confirms layoffs, 10,000 employees impacted

17 Nov 2022

Due to an uncertain macroeconomic environment, Amazon has started the process of mass layoffs across the company in the United States this week. Writing a memo to the worker's hardware chief Dave Limp wrote, "After a deep set of reviews, we recently decided to consolidate some teams and programs. One...

American TV host Whoopi Goldberg announces exit from Twitter

08 Nov 2022

American TV host Whoopi Goldberg has announced her exit from Twitter. Citing a chaos-filled week after Elon Musk took over Twitter, Whoopi Goldberg announced that she would no longer be on the micro-blogging site. She announced the news on her talk show 'The View' and ironically, the clip was shared...

Musk threatens to name shame advertisers who back pedal from twitter

05 Nov 2022

Twitter owner Elon Musk has threatened the advertisers who are backing out after the mass layoffs by the company. Not only this, but Musk has also defended the mass layoffs by stating that twitter was losing more than USD 4 million per day that was impacting the employees who were...

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