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SAMSUNG LAYOFFS
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. 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.
- Intel earnings signal recovery at US chip makerIntel's shares surged after exceeding earnings expectations, signaling a potential recovery. Despite a reported loss, revenue increased, an...
- TCS layoffs: MeitY takes note; IT union pings labour ministerThe union government is taking an interest in the TCS layoffs that spooked employees and investors. This and more in today's ETtech Top 5.
- Intel beats shareholder lawsuit over $32 billion stock plungeIntel's stock price sank 26% last August 2, one day after the chipmaker announced more than 15,000 layoffs and suspended its dividend, hopi...
- Meesho's order spike; Zomato takes a dipMeesho's order volumes increased in the nine months ending December 2024, per its annual report. This and more in today's ETtech Top 5.
- Samsung India posts slower revenue growth for FY24; cost controls boost profitSamsung India Electronics' revenue grew by a mere 4% in FY24, reaching Rs 102,626 crore, marking its slowest growth in eight years. This sl...
- Samsung says Q3 operating profits soar to $6.6 bn, but misses forecastSamsung Electronics reported a 277% increase in operating profits to $6.6 billion, but still fell short of expectations due to challenges i...
- From Microsoft to IBM: Tech layoffs cross 1 lakh mark as companies brace for more cuts aheadThe second half of 2024 saw continued layoffs across the tech sector, with major companies like IBM, Cisco, and Microsoft significantly red...
- ET Exclusive: Samsung India to lay off over 200 executives with business slowing downSamsung Electronics is set to lay off over 200 executives in India due to slowing business growth and declining consumer demand. The layoff...
- Samsung plans global job cuts of up to 30% in some divisionsSamsung Electronics is cutting up to 30% of its overseas staff in some divisions by the end of this year. The reductions will impact sales,...
- Amazon Air promises faster deliveries in metros; Zomato shuts 10-minute food deliveryAmazon Air, the ecommerce giant’s dedicated cargo airline, has been launched in India with the aim of offering faster deliveries for more p...
- Microsoft India most-attractive employer in 2022; Randstad survey says tech giant offers best work-life balance & salary in the industryMercedes-Benz & Amazon top the list of the most-attractive employers in India.
- Swiggy lays off another 350 employees"With the industry still only having recovered to about 50% of its peak, we have to, unfortunately, go ahead with this final realignment ex...
- Boxed in by Chinese rivals, Samsung to sack 1,000 in India150 already laid off at telecom networks division; manpower rationalisation to be completed by October.
- Samsung's sales grew 19%, but Note 7 fiasco to pull down current fiscal'sTwo senior industry executives attributed Samsung's sales growth last fiscal to strong performance in the smartphone segment and profitabil...
- Phone companies like Sony, Samsung lay off 300 employees as sales of smartphones slow on Chinese competitionSony’s smartphone business fails to grow as anticipated & Samsung tries to cut cost as competition intensifies, while, at Micromax, the CEO...
- Samsung may lay off 5 per cent of its staff in India to reduce costsSamsung told some 90 employees to put in their papers with immediate effect last week and another 125-150 employees will be asked to leave ...
- Next six days: Events of note in the week aheadTHE DEADLINE ENDS TODAY for ArcelorMittal to find a buyer for the Florange plant in north-eastern France and save jobs of workers there.
- Tieto to increase productivity of India workforce; no job cuts hereTieto Corporation is looking to provide full lifecycle of IT services in consulting and system integration, along with product engineering.
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