Layoff News

04 May 2024


Luminar 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


Tesla 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


Google 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


Meta'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


Healthify 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


Google 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


Bored 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


Wipro, 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


AI 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 Auto

GTA 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 Musk

Elon 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 Bytes

Indie 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


McKinsey 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


General 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


Unilever 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


Deloitte 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


World'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


Unionized 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


EA 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


Bumble 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


Sony 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 Tourism

Expedia 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


Vice 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


BuzzFeed 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


Nike 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.

Mozilla 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


Cash-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


Snap 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


Google 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.