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UNDERTAKING LAYOFFS
Pocket FM cuts 100 jobs, moves 2,000 contract employees on Quess Corp’s payrollAudio series platform Pocket FM has reportedly laid off approximately 100 employees, about 10% of its workforce, primarily from its content...- IT cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...
- These Quiet Workplace Changes Can Sometimes Signal a LayoffLayoffs rarely strike without warning. Subtle shifts like reassigned duties, communication changes, and external business signals often pre...
- UAE hotels find peace in war, go for renovations and upgradesPremium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up ...
- Techie fearing layoffs considers career-switch to nursing but faces tough choiceUS tech sector instability is causing widespread job insecurity, as highlighted by a worker who lost two tech jobs and a warehouse position...
- Yes Bank restructures workforce, lays off 500 employees in cost-cutting moveWhile the layoffs have happened across several verticals ranging from wholesale to retail, the branch banking segment saw a large impact, o...
- BNPL startup Simpl undertakes another round of layoffs, rejigs senior leadershipSimpl, a Bengaluru-based consumer credit startup, laid off 30 employees after firing 160 executives. Senior executives Vatsal Jain, Ashwini...
- Google layoffs: Tech giant undertakes fresh job cuts in cost optimisation pushAlphabet-owned Google is undergoing a restructuring, with layoffs and expansion plans in key hubs like India, Chicago, Atlanta, and Dublin....
- SaaS startup Actyv.ai fires 60 staffers as market downturn bitesThe layoffs were a result of a right-sizing initiative in response to prevailing market conditions, a company statement said.
- Dunzo to undertake further layoffs as cash flow crisis deepensDunzo is set to undertake another round of layoffs amid a funds crunch, co-founder and CTO Mukund Jha told employees in an all-hands meetin...
- Prosus-owned developer platform Stack Overflow lays off 10% of workforceStack Overflow, a question and answer website for programmers, has laid off 10 per cent of its workforce, or 58 employees, amid global macr...
- SaaS firm Freshworks undertakes fresh round of layoffsConcerns over margin and recessionary pressures and increasing interest rates in the US have led to a rout in technology stocks.
- FrontRow fires 130 employees in second layoff exerciseThis is the second layoff for FrontRow after it laid off close to 145 full-time and contractual employees in May this year. After the secon...
- Ola fires 200 more engineers in fresh round of layoffsThe company had laid off around 1,000 employees already this year as the company repurposed its focus to the ride-hailing and EV business.
- Only startups that see business visibility for next 3 years should take IPO route: Kris GopalakrishnanThe company should think about an IPO only in cases where the risks are mitigated to a great extent. Only if you have complete business vis...
- CarDekho lays off 200 employees, up to 22.5% pay cut for restWhen contacted by ET, a spokesperson for CarDekho confirmed the layoffs and pay cuts, without answering specific queries or providing detai...
- Oyo may cut more jobs to shore up its bottom lineExecutives say scale of layoffs ‘far larger’ than expected but Oyo denies any such plan.
- 5 ways to motivate employees after layoffsThough reality is often tough to hear, it is better to be honest with your employees during a layoff, said an expert.
- Tesco’s Indian arm undertakes layoffs across various levels to reduce costsIn last three months, at least 100 employees have been told to leave, number may go up to 600 soon.
- Yahoo! India lays off 60; to hire 130The California-based company is also planning to hire 130 professionals in India in areas like product engineering.
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