Tag: lay off
WeTransfer: Bending Spoons plans to lay off 75% of WeTransfer staff post deal: report
Italian app developer Bending Spoons will lay off 75% of file-sharing platform WeTransfer staff, CEO Luca Ferrari said in a statement on Sunday. Ferrari said…
Over 17,000 Indian startup employees laid off in the first half of 2023 as funding winter refuses to thaw
The Indian startup ecosystem, much like in the United States, has been hit by a prolonged funding winter, leading to significant layoffs, leaving thousands of…
Xiaomi India staff cut to below 1,000 amid govt scrutiny, market slump: Report
Xiaomi India is slashing its workforce to less than 1,000 employees as part of a restructuring process, the Economic Times (article beyond paywall) reported on…
Walmart plans on scaling back its footprint, decides shutting 3 tech hubs
Walmart Inc. will close three of its 11 US technology hubs and require affected workers to relocate, scaling back its footprint after unveiling an expansion…
Internet hails woman who says she got job with 50% hike, days after being fired
While hundreds of thousands of people continue to be impacted by massive layoffs by tech giants amid an economic slowdown, the internet was left impressed…
PagerDuty CEO quotes Martin Luther King Jr in layoff email, faces flak
The CEO of a San Francisco-based tech company has issued an apology after quoting civil rights champion Martin Luther King Jr. in an email announcing…
Philips to cut 6,000 more jobs after recall of faulty sleep device
Reuters | | Posted by Ritu Maria Johny Dutch health technology company Philips said on Monday it would scrap 6,000 jobs to restore its profitability…
Zuckerberg’s Meta gearing up for more layoffs? This report suggests so
Meta CEO Mark Zuckerberg has reportedly announced that he is not in favour of “managers managing managers, managing managers, managing managers, managing the people who…