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TECH COMPANY LAYOFFS STATISTICS
First husband, then wife lose their tech jobs in US, newborn baby at home and healthcare coverage worries. Heartbreaking post highlights growing anxiety among tech workersHa Nguyen, a founder and managing partner, shared the heartbreaking story of a US-based tech couple who lost their jobs one after another w...- Canva layoffs severance package: From six months’ salary, $10,000 grants to MacBooks, here’s what company has promised affected employees following a 22% workforce reductionCanva layoff news: Canva Group has announced plans to lay off approximately 1,271 employees as part of a major restructuring effort. The co...
- Canva layoffs: Employee's ‘four-year journey came to an unexpected end’ after job loss and shares an emotional post after layoffMonica Gonzalez Castro, a former Operations Business Partner at Canva, was among the 1,200-plus employees affected by layoffs. Sharing an e...
- Canva layoffs: Top manager feels ‘deja vu’, urges colleagues to ‘to be kind’ after 1,271 job cutsCanva employee Artemi Ollin says the company's decision to cut 1,271 jobs feels like “déjà vu” after he experienced layoffs at Google. In a...
- Canva to cut about 22% of staff as growth slowdown triggers restructuringAustralian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restr...
- Microsoft buyout offer: Should you take the payout or risk future layoffs? A legal expert explains what to do before signingMicrosoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the...
- US job openings increase sharply by 333,000 in SeptemberIn September, the US saw a notable increase in job openings, showing a rise of 333,000. Layoffs fell to 1.641 million, providing evidence o...
- Krafton steps up India bets to build next global gaming franchise beyond PUBGKrafton Inc. is actively investing in India's gaming industry to fuel its growth and develop new titles. The company aims to expand beyond ...
- Canva may announce another round of layoffs in November, report claims; hiring freeze also possibleCanva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the t...
- L&T pushes IT and engineering arms to accelerate growth beyond 15%Larsen and Toubro is focusing on raising revenue growth in its services arms, LTM and LTTS. Currently, these companies grow at about 10-11 ...
- IIT and IIM graduates shun startups as AI jobs gain appeal amid rising startup activity in IndiaOnly 79 IIT alumni and 20 IIM alumni launched new tech startups between January and August this year, compared to 307 IIT graduates and 71 ...
- Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
- Qualcomm job cuts in November: How many employees could lose their jobs and when will it be announced?Qualcomm is set to implement further layoffs in November, as indicated by a memo from CEO Cristiano Amon. This decision, expected to impact...
- Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
- Amazon announces second round of layoffs this month, cuts 250 jobs in devices unitAmazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cu...
- Innodata layoffs: AI data services company fires 550 employees in IndiaAround lunchtime on Monday, employees began losing access to company systems and received termination emails on their personal accounts, th...
- Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer inc...
- 'Involuntary entrepreneur era': Tech veteran's warning to IT workers as Microsoft offers buyouts to 60,000 employeesMicrosoft’s voluntary buyout offers to around 60,000 employees have raised concerns about job security across the technology sector. Tech v...
- No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employeesAs Microsoft offers voluntary buyouts to around 60,000 employees amid heavy AI investment, the CEO of a 101-year-old syrup maker says busin...
- Former Microsoft employee tells wife he was lucky to be fired from tech sector in 2022. What is he doing now?Former Microsoft employee Ian Yong Hoe Tan says he feels fortunate to have been retrenched in late 2022, amid growing concerns about AI-dri...
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