Tag: tech layoffs

Tech layoffs: Intel cut 15,000 jobs, Cisco laid off 6,000, and IBM reduced its workforce in China by over 1,000, amidst a broader trend of layoffs in the sector.
Posted in Business

Tech layoffs: Intel, Cisco, IBM and Apple cut over 27,000 jobs in August

Sep 05, 2024 04:36 PM IST In August 2024, over 27,000 tech workers were laid off from 40 companies, including Intel, IBM, and Cisco. Tech…

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The Dell logo is seen on an item for sale in a store in Manhattan, New York City.(Reuters)
Posted in Business

Tech layoffs: Dell fires 12,500 employees- 10% of global workforce- in AI shift

Aug 07, 2024 12:41 PM IST Dell informed employees of these changes in an internal memo sharing plans to centralise sales teams and create a…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Stability AI layoffs: Stability AI to lay off staff weeks after founder Mostaque resigned as CEO

Stability AI will lay off some staff as part of a restructuring process, according to an internal memo seen by Reuters on Thursday as well…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Tech layoffs: Why is Big Tech still cutting jobs?

After a year of big layoffs, job cuts at the tech industry’s largest companies trickled into the first month of 2024. Google started the year…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Layoffs: Snap to lay off 10% of its workforce

Snap said on Monday it would cut around 528 employees, or 10% of its global workforce, a sign that the spate of layoffs seen in…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

layoffs: Discord cuts 17% of workers in latest tech layoffs

Discord, the social chat and messaging startup beloved by gamers, told employees Thursday that it would cut 17% of its staff, adding to the string…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

saas foundes hiring: SaaS founders are grabbing talent amid tech layoffs

Enterprise software and software-as-a-service (SaaS) startups that continue to attract investors despite a funding winter are ramping up hiring in a job market flooded with…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Dunzo layoffs: Dunzo lays off 300 employees amounting to 30% of its workforce

Quick commerce startup Dunzo has announced a fresh round of layoffs just three months after firing around 60-80 employees. This time around, the Bengaluru-based startup…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

livespace layoffs: Livspace cuts nearly half of tech, product roles in attempt to turn profitable

Omnichannel home interiors and renovation platform Livspace has laid off about 2% of its overall workforce in a bid to drive profitability by the financial…

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McKinsey to cut 2,000 jobs in one of its biggest layoffs: Report
Posted in Business

McKinsey to cut 2,000 jobs in one of its biggest layoffs: Report

McKinsey & Co. plans to eliminate about 2,000 jobs, one of the consulting giant’s biggest rounds of cuts ever. The firm known for devising staff-reduction…

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