layoff


Ola Lays Off Employees In Restructuring Exercise

World - Published date: .

It is a business restructuring and rationalization exercise and there will be new hires in focus teams, an Ola spokesper... Read more

Amazon India To Lay Off Around 1,000 Staff

World - Published date: .

The e-commerce company Amazon has announced the lay-off of over 18,000 roles across the globe due to uncertain economic ... Read more

Tech Layoffs Surpass Great Recession Levels, Set To Get Worse In Early 2023

Banking - Published date: .

The massive layoffs by the tech companies this year alone have surpassed the levels from the Great Recession the world w... Read more

Vedantu Gives Pink Slips To 385 Employees In 3rd Round Of Layoffs This Year

Banking - Published date: .

It has sacked over 1,100 employees, so far, amid funding winter Read more

Mohalla Tech Shuts Jeet11, Lays Off 5% Of Workforce

World - Published date: .

In June, Mohalla Tech raised $78 million (about ₹633 crore) in a series H funding round from Google’s parent Alphab... Read more

ShareChat Shuts Down Jeet11, Fires 5% Workforce

World - Published date: .

This development comes after the company, in June, raised $78 million as part of its Series H funding round Read more

Udaan Lays Off About 350 Employees In Second Round Of Layoffs

World - Published date: .

In its second round of layoffs since June, business-to-business unicorn Udaan is letting go of up to 350 staff members a... Read more

After 'substantial' New Hiring Cuts, Snapchat Planning To Sack Workers

Banking - Published date: .

Joining the league of Big Tech companies who have laid off employees, photo-sharing platform Snapchat is set to sack wor... Read more

Watch: Better.com CEO Lays Off 900 Employees In US, India Via Zoom Call

Banking - Published date: .

'This isn't the news that you're going to want to hear but ultimately it is my decision and I wanted you to hear it from... Read more

BSNL To Retrench Another 20,000 Contract Workers: Employees' Union

Banking - Published date: .

The union also claimed that 30,000 contractual workers have already been retrenched under the company's retrenchment pro... Read more

Pay Cuts Can Trigger 'desperate, Extreme Acts': Air India Pilots To Govt

Banking - Published date: .

The pilots said employees may be forced to challenge the decision in court, which might be a hurdle for the privatisatio... Read more

JSW To Idle Ohio Facility In US, Sends Lay-off Notices To 160 Workers

Banking - Published date: .

Sources said that the lay-off could be temporary and the company hoped that it would last less than six months. Question... Read more

Over Half Of Indian Firms 'vulnerable' On Wage Payments, Says Crisil

Banking - Published date: .

Ashu Suyash, the MD and CEO of the agency, said it has done an analysis of 40,000 companies having a collective wage bil... Read more

BookMyShow To Sack 270 Employees To Cut Costs Amid Covid-19 Crisis

Banking - Published date: .

The employees being sent on furloughs or leave (without pay) will be eligible for all medical insurance, gratuity and ot... Read more

BookMyShow Lays Off, Furloughs 270 Employees To Cut Costs Amid Low Revenues

Banking - Published date: .

He said the company has tried to do it best to offer financial support, continued health insurance cover and outplacemen... Read more