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BENGALURU TECH LAYOFFS
No vacancy at home: Worsening job market greets H-1B returneesIndian tech professionals returning from the US, including H-1B visa holders, face a challenging job market back home. Layoffs at major US ...- Bengaluru techie says it is better to stay in a big company at a lower salary then a small one with high salaryA Bengaluru techie's advice to prioritize job stability at large firms over lucrative offers from smaller companies has sparked debate. Cit...
- Bengaluru techie who started with just Rs 5,000 salary now has Rs 70 lakh net worth, but still carries one regret he cannot forgetA Bengaluru tech professional's journey from a Rs 5,000 monthly salary to a Rs 45 lakh annual package and Rs 70 lakh net worth is inspiring...
- Techie says firm fired 90% of staff, plans to hire back as developers are 'dime a dozen' in BangaloreA Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced custome...
- India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...
- Inside India’s biggest banking and financial services tech hubsStandard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office ...
- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- Cloudflare's slowing growth disappoints investors betting on AI boostCloudflare shares dropped significantly after its revenue forecast missed investor expectations. The company is also reducing staff by 20%,...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Grocery delivery startup Apna Mart culls 10% of staff, moves base to GurugramApna Mart, an online grocery service, has reduced its workforce by 10%. This move is a result of integrating artificial intelligence into o...
- UpGrad-Unacademy deal closes; India’s largest private satellite lifts offHappy Monday! Upgrad is set to acquire Unacademy at a 90% markdown of its peak valuation. This and more in today's ETtech Morning Dispatch.
- Bengaluru techie says he invests Rs 15 lakh per month in equities but for his mother and netizens the 'math is not mathing'Shobhit Bakliwal, founder of Indusbit, ignited a discussion by stating he invests ₹5 to 15 lakh monthly, adding that his mother is not inte...
- Will I get fired? Ankur Warikoo shares 3 warning signs and 5 ways to prepare for job lossEntrepreneur Ankur Warikoo highlights three key signs employees should watch for regarding potential job loss. These include work becoming ...
- Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
- Where fresher-techies and students will stay in Bengaluru amid PG crisis, asks analyst? He gives two reasons why they are shutting downBengaluru faces a housing crisis. Paying Guest accommodations are disappearing rapidly. PG operators in tech hubs like Mahadevapura and Mar...
- Layoffs and emerging opportunities in the field of technologyThe technology sector in India has seen three types of layoffs in 2022 and 2023, including major layoffs at well-funded startups due to fun...
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