Layoffs
General Motors' Employee Union Sues Global CEO Mary Barra: Report
Banking - Published date: .
The company has failed to pay the 1,086 workers it laid off in 2017 while exiting the Indian market Read more
GoMechanic Admits To Cooking The Accounts, Lays Off 70% Of Workforce
Banking - Published date: .
According to people in the know, investors may now ask GoMechanic founders to take leave of absence Read more
Google-backed ShareChat, Dunzo Hand Out Pink Slips To Employees
Banking - Published date: .
This comes amid the current funding crunch in the Indian start-up ecosystem Read more
Amazon, Goldman Sachs Employees Flood Social Media With Layoff News
Banking - Published date: .
Professional networking platforms, such as LinkedIn and Grapevine, were full of stories of layoffs Read more
Vodafone To Hand Over Pink Slips To 'several Hundred' Employees: Report
Banking - Published date: .
This comes after Vodafone's November announcement of cost-saving measures worth $1.08 billion by 2026, in the wake of a ... Read more
BofA Top Banker Rick Sherlund Predicts 2023 Tech Comeback, Delivers Bullish Software Call
Breaking - Published date: .
With the Nasdaq on the cusp of a five-week losing streak, Bank of America top tech banker Rick Sherlund sees a major shi... Read more
Google Staff Braces For A Cost-cutting Drive As Budgetary Anxiety Mounts
Banking - Published date: .
A letter signaled how some Google employees are increasingly interpreting recent management decisions as warnings that t... Read more
Freshworks Cuts 90 Jobs In Select Teams To Realign Biz
World - Published date: .
A total of 60 employees have been impacted in India, which is nearly 1% of the company’s 5,500-strong global headcount... Read more
Twitter Must Tell Fired Workers About Severance Lawsuit, Says US Judge
Banking - Published date: .
Filed by a handful of workers, the suit alleges Twitter failed to give the required 60 to 90 days notice about the mass ... Read more
Edtech Firm Vedantu Lays Off 385 Employees In 4th Job Cut Round This Year
Banking - Published date: .
Layoffs have happened across sales, HR, and content teams which, according to the company sources, is part of an aggress... Read more
HSBC Cutting At Least 200 Senior Operations Managers Worldwide: Report
World - Published date: .
HSBC is shrinking its sprawling global business for several years, downsizing in many regions and exiting some countries... Read more
Facebook Parent Meta Slashes Workforce By 11,000, Zuckerberg Takes Blame
Banking - Published date: .
Meta CEO Zuckerberg says post-Covid scenario didn't meet expectations Read more
Byju's Aims For Profitability By March 2023, To Fire 2,500 Employees
Banking - Published date: .
Edtech major Byju's has chalked out a plan to become profitable by March 2023 to optimise its marketing and operational ... Read more
Covid-19 Impact: Jagran Prakashan Reports Q1 Net Loss Of Rs 44.31 Cr
Banking - Published date: .
The company had posted a profit after tax of Rs 65.75 crore during the April-June period a year ago, Jagran Prakashan Lt... Read more
Covid-19 Crisis: Ratan Tata Says Layoffs Show India Inc's Lack Of Empathy
Banking - Published date: .
While Tata Group has not laid off any employee, several Indian companies have retrenched staff due to lack of cash flow ... Read more
Hammered By Covid-19 Pandemic, Air France Announces 7,500 Job Cuts
Banking - Published date: .
Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began F... Read more
Another 1 Million Jobless Claims Show Congress May Need To Extend Extra Benefits Set To Expire
AMERICA - Published date: .
Economists say the latest jobless claims report shows adds weight to calls for the extension of expanded unemployment be... Read more
May Unemployment Looks Worse Than Expected, Signaling Another Bad Jobs Report Could Be Coming
AMERICA - Published date: .
So far, state reopenings have not helped stem the rise in unemployment, which is expected to show another big jump in th... Read more
US Risking A Second Wave And A Depression, Mark Zandi Warns
AMERICA - Published date: .
Mark Zandi of Moody's Analytics' worries businesses may reopen too soon and create another spike in coronavirus cases. Read more
These 25 States Are Already Paying Gig Workers And Self-employed Americans Unemployment
AMERICA - Published date: .
Half of states are currently paying out unemployment compensation under the Pandemic Unemployment Assistance program, wh... Read more