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ALLEN LAYOFFS
IPL 2026: RCB look to regain batting firepower against MI to break two-match losing streakRoyal Challengers Bengaluru face Mumbai Indians in Raipur aiming to break a two-match losing streak. RCB's batting needs to regain form aft...- Bill Gates' powerful words: 'Don't compare yourself with anyone in this world. If you do so, you are insulting yourself'Quote of the Day by Bill Gates: Microsoft's Bill Gates says we should not compare ourselves with others as this is an insult to self. You s...
- Low US weekly unemployment claims point to stable labor marketNew applications for U.S. unemployment benefits rose slightly last week, suggesting the labor market remains stable and likely giving the F...
- US weekly jobless claims increase slightly as labor market steadiesThe weekly jobless claims report from the Labor Department on Thursday suggested the labor market remained in a "low hire, low fire" state,...
- US mass layoff alert: Nearly 40,000 Americans got WARN notices in October - is a bigger job crisis coming this month?US job cuts 2025: US job market shows strain as layoff warnings surged to nearly 40,000 in October, a level not seen in years. Major compan...
- Upgrad in talks to acquire Unacademy for $300-320 million, 90% lower than its peak valuationUnder the proposed structure, Unacademy shareholders will receive shares in Upgrad, valued at $2 billion presently, sources told ET. The co...
- Countdown to flight cuts: Americans have just 3 days before 10 major flight routes vanishCritical flight routes between Mexico and the United States face cancellation by November 7. Aeromexico flights from Mexico City airports w...
- Test-prep platform Allen’s FY25 net profit plunges to Rs 41 croreAllen Career Institute’s net profit fell sharply in fiscal 2025 despite steady revenue. The drop is due to a shift away from its Kota base ...
- Billions in government consulting contracts under DOGE scrutiny; Big Four accounting firms staff fear mass layoffs, many of these employees make six-figure salariesThe Department of Government Efficiency is examining billions spent on consulting services by the US government, targeting 10 major firms i...
- Will there be a recession in the U.S, will companies go for massive layoffs, how much money will you earn? Top economists predict what's in store for 2025U.S. Recession Risks 2025: The U.S. economy in 2025 faces questions about a potential recession, large-scale layoffs, and income growth pro...
- Allen Institute held talks to acquire Unacademy valuing edtech firm at $800 million in a cut-price deal: sourcesThe Bengaluru-based Unacademy, valued at $3.4 billion in 2021, will likely be merged with Allen; founders expected to exit. The edtech comp...
- Unacademy fires 250 employees in fresh round of layoffsUnacademy layoffs: Unacademy has laid off around 100 people from core functions like business development and marketing and the rest are fr...
- PhonePe’s Rs 800 crore in-house bets; layoffs at AllenFintech giant PhonePe has put big money into its subsidiaries to grow businesses such as insurance broking, wealth management and hyperloca...
- Coaching institute Allen fires 70 sales hands from NExTSome of Allen's employees affected by the move told ET that the layoffs happened across centres in Chennai, Bengaluru, Delhi, Hyderabad and...
- Allen acquires edtech startup Doubtnut in fire sale; Spotify’s latest layoffsAllen Career Institute has bought edtech startup Doubtnut in a slump sale. This and more in today’s ETtech Top 5.
- As edtech firms venture into offline classes, hiring war for star teachers is intensifying(Unacademy did not respond to ET’s emailed queries on compensation.) It’s a figure that is emblematic of the peak the scramble for “star te...
- Unacademy's PrepLadder lays off 2.6% of its workforceUnacademy had acquired Chandigarh-based PrepLadder, a leading post-graduate medical entrance exam preparation platform, for $50 million in ...
- Global cos pledge not to lay off staffA no. of global companies - with a large presence in India have assured employees that there will be no or insignificant layoffs while the ...
- Experience His liberating presenceA recent e-mail from a friend talks about what is arguably the lighter side of recession. It starts with a joke about messrs Ali Baba and F...
- Amid layoffs, 20 firms offering over 7,000 jobs: FortuneThe list includes Google, which has 350 vacancies for engineering, and legal sales and Edward Jones with 1,040 job openings. Crisis time: K...
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