The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.

Happy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...

AI is increasingly substituting entry-level hires at call centres, and even at tax preparation and investment banking firms, said Morris. F...

Gupshup was valued at $1.4 billion when Fidelity first invested in the company back in 2021 through a secondary transaction. The asset mana...

Happy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.

Stripe, a leading U.S.-based fintech company, mistakenly sent layoff notices with a cartoon duck image to 300 employees. The layoffs primar...

During the ongoing funding winter, several internet majors such as Paytm, Policybazaar parent PB Fintech, Flipkart failedd to control expen...

The main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly even in the absence of formal r...

Startups have been the worst hit this year since the highs of aggressive hiring from 2021, data from Longhouse Consulting shared exclusivel...

Startups and ecommerce companies in India are expected to reduce their campus hiring for the Class of 2024 due to a lack of visibility caus...

Campus hiring by startups in 2023 (from Class of 2024) will see a near 35% decline, according to a survey commissioned by ET to Ciel HR Ser...

The technology sector in India has seen three types of layoffs in 2022 and 2023, including major layoffs at well-funded startups due to fun...

Anshuman Das, cofounder and chief executive officer of staffing firm Longhouse Consulting, said there was a 50%-60% dip in hiring of senior...

PayPal's move to cut staff - a move to reduce costs- comes against the backdrop of decades-high inflation hitting the purchasing power of c...

In September, the company rescinded the retrenchment of about 200 engineers. One of the sources told ET that the current layoffs are the sa...

Edtech unicorn Lead is set to acquire the K-12 India business of British educational services company Pearson, which has been divesting its...

In the span of a year, the technology world went from euphoria to turbulence – be it in the stock markets or in the private funding space. ...