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PELOTON WORKFORCE REDUCTION
Tech companies keep slashing jobs in uncertain 2023 economyIn November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 over the course of ...
06 Jan, 2023, 10.58 AM IST
Ecommerce company Wayfair CEO Niraj Shah lays off 870 peopleWayfair is also in the process of making substantial reductions in its third-party labour costs.
20 Aug, 2022, 10.12 AM IST
Elon Musk feels 'super bad' about economy, needs to cut 10% of Tesla staffMusk's stark warning of a potential recession and the knock-on effect for automakers is the most direct and high-profile forecast of its ki...
04 Jun, 2022, 12.17 AM IST