Layoff News
16 Jul 2024
BusinessSalesforce cuts 300 jobs in second layoff round this year
Salesforce, the software behemoth, has confirmed the elimination of approximately 300 roles this month in a bid to streamline operations and control costs.
12 Jul 2024
Artificial Intelligence and Machine LearningIntuit lays off 1,800 employees amid AI-focused reorganization
California-based software giant Intuit, renowned for TurboTax, Credit Karma, and Mailchimp, has revealed plans to lay off 1,800 employees.
05 Jul 2024
MicrosoftMicrosoft's latest layoff round hits product teams
Microsoft has confirmed a new round of layoffs affecting various teams and locations across the company this week.
02 Jul 2024
UnacademyUnacademy job cuts: 250 employees affected in latest restructuring move
Unacademy, an edtech startup, has announced the layoff of 250 employees across various functions due to a challenging funding environment.
27 Jun 2024
Yes BankYes Bank lays off 500 employees amid restructuring drive
Yes Bank has started a restructuring process that involves laying off at least 500 employees, with the possibility of more layoffs in the upcoming weeks, as reported by the Economic Times.
14 Jun 2024
PaytmPaytm layoffs: Employees allege forced resignations, unfair treatment
Several current and former employees of Paytm have voiced concerns over alleged forced resignations, lack of severance pay, and demands for the return of retention and joining bonuses.
10 Jun 2024
PaytmPaytm lays off more employees amid restructuring efforts
One97 Communications, the parent company of the fintech giant Paytm, has announced another reduction in its workforce as part of a company-wide restructuring plan.
03 Jun 2024
Bhavish AggarwalOla Electric plans to lay off around 500 employees: Report
Ola Electric, the Bengaluru-based electric two-wheeler manufacturer, is planning to lay off between 400-500 employees in the coming weeks, as per the Economic Times.
19 May 2024
BusinessExpedia ousts 2 top executives over 'violation of company policy'
Expedia Group, a leading travel booking company, has confirmed the dismissal of two of its top executives.
04 May 2024
VolvoLuminar announces 20% reduction in workforce, shifts LiDAR production
LiDAR technology leader, Luminar, has announced a 20% reduction in its workforce as part of a strategic restructuring plan.
30 Apr 2024
TeslaTesla CEO Elon Musk ousts top executives amid falling sales
In a decisive response to dwindling sales, EV maker Tesla's CEO Elon Musk has terminated two senior executives.
30 Apr 2024
GoogleGoogle announces layoffs in Python, Dart, and Flutter divisions
Google, the US tech giant, has confirmed layoffs within its Python, Dart, as well as Flutter divisions.
29 Apr 2024
MetaMeta's Oversight Board is preparing for possible staff reductions
Meta's Oversight Board, often referred to as the company's "supreme court," is reportedly preparing for staff cuts, according to The Washington Post.
29 Apr 2024
StartupsHealthify lays off 150 employees to increase profitability
Healthify, a Bengaluru-based healthtech start-up, has announced the dismissal of approximately 150 employees.
29 Apr 2024
GoogleGoogle lays off entire Python team: Report
Google has laid off its entire Python team, as per the Free Press Journal, which quoted various online sources.
27 Apr 2024
CryptocurrencyBored Ape NFT creator announces organizational shift, lays off employees
Yuga Labs Inc, the company behind the popular NFT collection, Bored Ape Yacht Club, is laying off an undisclosed number of employees during a restructuring phase.
20 Apr 2024
InfosysWipro, TCS, Infosys collectively lost 63,759 workers in FY24
In a first occurrence over the past two decades, leading Indian IT companies Tata Consultancy Services (TCS), Infosys, and Wipro have reported a collective annual decrease in their workforce.
19 Apr 2024
BusinessAI startup behind Stable Diffusion trims its workforce by 10%
Stability AI, the company behind Stable Diffusion AI image generator, has confirmed significant job cuts amidst a series of internal struggles.
17 Apr 2024
Grand Theft AutoGTA maker Take-Two Interactive announces job cuts and project terminations
Take-Two Interactive Software, the renowned creator of the Grand Theft Auto game series, has announced a 5% reduction in its workforce.
15 Apr 2024
Elon MuskElon Musk announces layoffs at Tesla, impacting 14,000 employees
Tesla, the world's leading electric vehicle company, has confirmed plans to lay off more than 10% of its global workforce.
13 Apr 2024
Gaming BytesIndie game studio Possibility Space ceases operations, lays off employees
Independent game studio Possibility Space has been closed down by its CEO, Jeff Strain.
11 Apr 2024
BusinessMcKinsey to lay off over 350 employees amid slowdown
McKinsey & Co., a renowned global consulting firm, has revealed plans to trim approximately 360 jobs worldwide.
29 Mar 2024
IndiaGeneral Electric to slash 1,000 jobs including in India
General Electric (GE) is preparing to cut 1,000 jobs within its renewable energy subsidiary, LM Wind Power.
19 Mar 2024
BusinessUnilever to separate ice cream business, layoff 7,500 employees
British FMCG giant Unilever has announced plans to separate its ice cream division, home to well-known brands such as Ben & Jerry's and Magnum.
19 Mar 2024
BusinessDeloitte initiates biggest global overhaul in a decade: Here's why
Deloitte, a titan among the Big Four accounting firms, has set in motion its most significant global overhaul in a decade, as reported by the Financial Times.
19 Mar 2024
ChinaWorld's leading solar manufacturer Longi to trim workforce by 30%
Longi, the global leader in solar manufacturing based in China, is poised to eliminate roughly a third of its workforce, as part of an aggressive cost-cutting plan.
04 Mar 2024
GoogleUnionized YouTube Music employees axed during ongoing city council meeting
In a surprising turn of events, Google laid off unionized YouTube Music workers in Austin, Texas, during a city council meeting last week.
29 Feb 2024
BusinessEA to fire over 650 employees amid gaming industry slump
Electronic Arts (EA) is laying off 5% of its workforce, leading to over 650 employees losing their jobs.
28 Feb 2024
BumbleBumble to fire 30% of its workforce in restructuring move
Bumble has revealed plans to lay off around 350 employees, which is about 30% of its workforce.
27 Feb 2024
SonySony to reduce headcount globally by 8%: Here's why
Sony has revealed plans to cut around 900 jobs from its PlayStation division, a global reduction of about 8%.
27 Feb 2024
Travel And TourismExpedia to lay off 1,500 workers amid slower travel demand
Expedia Group is eliminating around 1,500 jobs, which is about 9% of its global workforce, following a leadership change announcement earlier this month.
23 Feb 2024
YahooVice Media, Yahoo's Engadget announce job cuts
In a fresh round of layoffs in the media sector, Vice Media and Yahoo-operated Engadget are making big changes by cutting jobs and reorganizing their structures.
22 Feb 2024
BusinessBuzzFeed sells Complex for a loss, announces job cuts
BuzzFeed has sold entertainment media brand Complex to livestream shopping platform NTWRK for $108.6 million, marking a major strategy shift for the company.
16 Feb 2024
NikeNike plans to lay off over 1,600 employees: Here's why
Nike, the world's largest supplier of athletic shoes and apparel, is set to eliminate over 1,600 jobs, the Wall Street Journal has reported.
14 Feb 2024
Artificial Intelligence and Machine LearningMozilla is reducing headcount, focusing on Firefox and AI
Mozilla, the company behind the Firefox browser, is cutting back on staff and refocusing its efforts on Firefox and artificial intelligence (AI).
12 Feb 2024
SpiceJetCash-strapped SpiceJet to fire 1,400 employees to reduce costs
SpiceJet has announced plans to lay off approximately 1,400 employees, which is nearly 15% of its current workforce. The decision is aimed at reducing costs and maintaining investor interest.
06 Feb 2024
SnapchatSnap to lay off 10% of staff amid revenue struggles
Snap Inc is letting go of nearly 10% of its workforce or around 500 employees.
31 Jan 2024
GoogleGoogle spent $2.1 billion on layoffs and severance in 2023
Google has shelled out a whopping $2.1 billion on severance and related costs for laying off over 12,000 employees throughout 2023.
