Layoff News
DNA-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.
AI 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.
Zoho founder criticizes rival Freshworks for layoffs despite being profitable
Indian billionaire and Zoho founder Sridhar Vembu has slammed Freshworks for laying off employees.
Boeing 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.
Billionaire 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.
Freshworks 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.
Roomba-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.
Amazon 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."
Mozilla Foundation lays off 30% staff, dismisses advocacy division
The Mozilla Foundation, the non-profit organization behind the Firefox browser, has announced a major layoff.
Dropbox lays off 20% of workforce amid slowing business growth
Dropbox, the popular cloud storage company, has announced a 20% cut in its workforce.
Volkswagen 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.
US: 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.
AI 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.
Boeing 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.
Intel 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.
Nokia 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.
Meta 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.
Airbus 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.
Boeing 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.
TikTok 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.
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.
Dell 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.
Dulux 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.
GM 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.
Microsoft lays off 650 more employees in Xbox gaming unit
Microsoft has announced the termination of approximately 650 positions within its gaming division, Xbox.
Laid-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.
Samsung to layoff up to 30% workforce in some divisions
Samsung Electronics is reportedly planning a significant reduction of its global workforce across various sectors.
Ex-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.
Samsung 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.
Over 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.
Apple lays off 100 employees in digital services division
Apple has made a significant move by laying off approximately 100 employees from its services group.
Over 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.
GoPro 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.
Intel stumbles: Layoffs, lawsuits, market share loss delay upcoming event
Intel is currently grappling with a series of setbacks.
Can 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.
Cisco 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.
Paramount 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%.
Dell 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.
ShareChat 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%.
Intel 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.