Layoff News
21 Nov 2024
Ola ElectricOla Electric to lay off 500 employees in restructuring move
Ola Electric is preparing to lay off over 500 employees across different roles as part of a restructuring plan, according to Moneycontrol.
20 Nov 2024
FordFord to cut 4,000 jobs in Europe by 2027
US automaker Ford has announced plans to cut its workforce by 4,000 in Europe by the end of 2027.
16 Nov 2024
United States of AmericaUS heading toward 'millions' of government job cuts: Vivek Ramaswamy
Entrepreneur-turned-politician Vivek Ramaswamy has hinted at a drastic cut to federal government jobs in the United States.
16 Nov 2024
General MotorsGeneral Motors fires 1,000 employees amid cost-cutting and reorganization
General Motors (GM), one of the world's largest automakers, has laid off around 1,000 employees as part of its cost-cutting and restructuring strategy.
14 Nov 2024
BoeingBoeing begins process to cut 17,000 jobs
Boeing will begin sending layoff notices this week as part of its plan to cut around 17,000 jobs or nearly 10% of its global workforce.
14 Nov 2024
BusinessSiemens to cut around 5,000 jobs in factory automation division
Siemens is planning to layoff up to 5,000 workers in its factory automation division.
14 Nov 2024
AMDAMD to lay off 1,000 employees amid AI-focused business realignment
Advanced Micro Devices (AMD), one of the world's top chipmakers, has announced plans to cut its workforce by some 4%.
14 Nov 2024
AmazonAmazon discontinues 4-year-long project to develop fertility tracker
Amazon has killed a secret project to build a home-based fertility tracker, according to CNBC.
13 Nov 2024
United States of AmericaCNN to fire hundreds of employees as ratings tank: Report
After suffering a major ratings drop during the recent Presidential Election Day coverage in the US, CNN is gearing up for major layoffs, as per Puck News.
12 Nov 2024
BusinessDNA-testing site 23andMe is slashing its workforce by 40%
23andMe, a leading name in the genetic testing business, has revealed plans to lay off some 200 employees, or nearly 40% of its entire workforce.
08 Nov 2024
Artificial Intelligence and Machine LearningAI may displace 3M jobs, warns Tony Blair's think tank
Artificial Intelligence (AI) could disrupt between one and three million private sector jobs in the UK, a report by ex-UK Prime Minister Tony Blair's think tank has found.
08 Nov 2024
XZoho founder criticizes rival Freshworks for layoffs despite being profitable
Indian billionaire and Zoho founder Sridhar Vembu has slammed Freshworks for laying off employees.
08 Nov 2024
BoeingBoeing repays furloughed workers and presses on with job cuts
Boeing's CEO Kelly Ortberg has confirmed that the company will pay its furloughed workers for their lost wages during a recent seven-week strike.
07 Nov 2024
Artificial Intelligence and Machine LearningBillionaire Nikhil Kamath-backed 1% Club lays off 15% workforce
Nikhil Kamath-backed personal finance platform, 1% Club, has announced that it is laying off 15% of its workforce.
07 Nov 2024
BusinessFreshworks to lay off 660 employees amid cost-cutting measures
Freshworks, a Nasdaq-listed software-as-a-service (SaaS) company, is set to cut 13% of its workforce. The decision will lead to the loss of around 660 jobs.
07 Nov 2024
BusinessRoomba-maker iRobot axes 16% staff in yet another layoff round
iRobot, the company behind the popular Roomba vacuum cleaners, has announced a major cut in its workforce.
06 Nov 2024
AmazonAmazon CEO says 5-day-office mandate not a disguise for layoffs
Amazon's CEO Andy Jassy has denied claims that the new 5-day office mandate is a "backdoor layoff."
06 Nov 2024
BusinessMozilla Foundation lays off 30% staff, dismisses advocacy division
The Mozilla Foundation, the non-profit organization behind the Firefox browser, has announced a major layoff.
31 Oct 2024
BusinessDropbox lays off 20% of workforce amid slowing business growth
Dropbox, the popular cloud storage company, has announced a 20% cut in its workforce.
28 Oct 2024
VolkswagenVolkswagen shutting 3 German factories, laying off thousands of employees
Volkswagen, Europe's largest carmaker, is planning a major restructuring involving the closure of at least three factories in Germany, and layoffs of tens of thousands of employees.
22 Oct 2024
United States of AmericaUS: EY fires employees for attending 2 training sessions simultaneously
EY, one of the top accounting and auditing firms, has fired a number of US employees for attending two online training sessions at the same time.
21 Oct 2024
PhonePeAI impact: PhonePe has fired 60% of customer support agents
PhonePe, one of India's leading fintech firms, has slashed its customer support team by 60% in the last five years.
20 Oct 2024
BoeingBoeing proposes 35% pay hike, $7,000 bonus to end strike
Boeing has offered a tentative deal to its striking workers in the Seattle area, hoping to end the strike that has continued for over a month.
18 Oct 2024
CaliforniaIntel lays off over 2,000 employees in the US
California-based global chip giant Intel has announced plans to lay off over 2,000 employees across multiple US states.
17 Oct 2024
BusinessNokia lays off 2,350 employees, China team worst hit
Telecommunications giant Nokia has confirmed the termination of nearly 2,000 jobs in Greater China as part of its ongoing cost-reduction strategy.
17 Oct 2024
InstagramMeta implements fifth round of layoffs in 2 years
In a fresh wave of layoffs, Meta, the parent company of popular social media platforms like WhatsApp and Instagram, has started cutting jobs across departments.
16 Oct 2024
AirbusAirbus to slash 2,500 jobs in defense and space division
European aviation giant Airbus is gearing up to cut as many as 2,500 jobs from its defense and space unit.
12 Oct 2024
BoeingBoeing to lay off 17,000 employees globally amid strike
US-based aerospace giant Boeing has announced plans to lay off 17,000 employees, and delay the delivery of its 777X jets by a year.
11 Oct 2024
TikTokTikTok lays off hundreds of employees globally amid AI pivot
Popular social media platform TikTok, owned by China's ByteDance, has announced a major cut in its global workforce.
07 Oct 2024
Tata Consultancy Services (TCS)Tech firms, start-ups resume hiring after months of mass layoffs
After a hiring freeze of 12-18 months, Indian technology companies and start-ups are back on the lookout for talent.
27 Sep 2024
DellDell wants global sales team in-office 5 days a week
Dell Technologies has announced a major change in its work policy for the global sales team.
24 Sep 2024
BusinessDulux paint maker AkzoNobel to slash 2,000 jobs worldwide
AkzoNobel, the Dutch company behind Dulux paint, has announced plans to eliminate approximately 2,000 jobs worldwide.
22 Sep 2024
General MotorsGM to lay off nearly 1,700 workers in the US
General Motors (GM) has announced plans to lay off approximately 1,695 employees at its Fairfax Assembly plant in Kansas, US.
12 Sep 2024
MicrosoftMicrosoft lays off 650 more employees in Xbox gaming unit
Microsoft has announced the termination of approximately 650 positions within its gaming division, Xbox.
12 Sep 2024
WorkplaceLaid-off Deloitte employee says ₹76L salary wasn't worth the pressure
Cierra Desmaratti (24), a former actuarial analyst at Deloitte's Chicago office, has expressed relief over her termination from the company.
11 Sep 2024
Samsung ElectronicsSamsung to layoff up to 30% workforce in some divisions
Samsung Electronics is reportedly planning a significant reduction of its global workforce across various sectors.
11 Sep 2024
MicrosoftEx-Sony boss says laid-off game developers should 'drive an Uber'
Chris Deering, the former President of Sony's Computer Entertainment division in Europe, has offered unconventional advice to game developers recently laid off by the company.
11 Sep 2024
SamsungSamsung India to lay off over 200 executives
Samsung Electronics is preparing to lay off more than 200 executives in India, according to the Economic Times.
05 Sep 2024
AppleOver 27,000 tech jobs slashed in August
The technology sector has witnessed a significant reduction in workforce with over 27,000 job cuts announced in August 2024.
28 Aug 2024
AppleApple lays off 100 employees in digital services division
Apple has made a significant move by laying off approximately 100 employees from its services group.
21 Aug 2024
IntelOver 1.3L tech employees laid off in 2024
The technology industry is experiencing a significant surge in layoffs this year, with over 1.32 lakh job cuts reported across 404 companies.
20 Aug 2024
GoProGoPro lays off 15% of its workforce amid restructuring efforts
GoPro, the renowned action camera manufacturer, has announced plans to reduce its workforce by approximately 15% this year. It will impact around 139 jobs.
10 Aug 2024
IntelIntel stumbles: Layoffs, lawsuits, market share loss delay upcoming event
Intel is currently grappling with a series of setbacks.
10 Aug 2024
AndroidCan Nova Launcher survive with just one developer?
Nova Launcher, a widely recognized Android home screen replacement app, has experienced substantial layoffs within its development team.
10 Aug 2024
CiscoCisco plans thousands more layoffs in second cut this year
Cisco Systems, the renowned US-based networking equipment manufacturer, is preparing for a significant workforce reduction, according to Reuters.
09 Aug 2024
Paramount PicturesParamount to lay off 15% of its US workforce
Paramount Global, a leading entertainment conglomerate, has announced plans to reduce its US workforce by approximately 15%.
06 Aug 2024
DellDell fires 12,500 employees amid shift to AI-focused business model
Dell has conducted a fresh round of layoffs as part of its shift toward AI products and services.
03 Aug 2024
StartupsShareChat raises $16 million while axing 5% of its workforce
ShareChat, a social media platform backed by Google and Temasek, has secured $16 million in funding while simultaneously reducing its workforce by approximately 5%.
02 Aug 2024
IntelIntel cuts 15,000 jobs in biggest layoff round in decades
Intel, the leading Silicon Valley chip manufacturer, has announced plans to eliminate over 15,000 jobs.
