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ZOOM LAYOFFS
Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- Worked 10 years, moved homes for office. Then suddenly laid off on a call. Career coach shares the harsh corporate truth: 'Just like that, 10 years gone'A decade of dedication vanished in minutes for one employee, laid off via a routine online meeting. His manager, a decade-long colleague, d...
- Got a PIP at work? Here's what it really means and exactly what you should do about it nowA Performance Improvement Plan (PIP) is a structured workplace process designed to address performance gaps, set expectations, and guide em...
- 'Salary growing, wealth shrinking': CA explains ‘India's silent middle-class crisis’, says Rs 1.5 lakh salary is same as 10-yr-old payUrban Indian households face a 'silent crisis' as rising incomes fail to keep pace with escalating costs of living, leading to stagnant rea...
- More than 30,000 tech employees lose jobs globally in first month of 2024Tech companies, including startups, around the world fired more than 425,000 employees in 2022 and 2023, with more than 36,000 employees be...
- Zoom lays off 150 employeesThe reductions are not companywide and Zoom will continue to add people in 2024 in areas such as artificial intelligence, sales and enginee...
- Layoffs in 2023: Microsoft, Cognizant, Accenture among latest firms to cut jobs amid economic turmoilThe layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...
- Shopify to lay off 20% of its workforce, beats quarterly revenue estimatesThe company posted revenue of $1.51 billion in the quarter ended March 31, compared with analysts' estimate of $1.43 billion, according to ...
- Adobe won't do mass layoffs, says its chief people officerBucking the layoff trend that has hit companies across the spectrum, software major Adobe has said it will not perform company-wide layoffs.
- Zoom fires president Greg Tomb after laying off 1,300 employeesThe company said in a regulatory filing in the US that Tomb's contract was abruptly terminated "without cause".
- US-based fintech firm Affirm lays off 19% of workforceThe employees that are laid off in the US will be offered a minimum of 15 weeks base pay as severance plus an additional week per year of t...
- Zoom to lay off about 1,300 employees or 15% of total workforceTo those affected by the layoffs, Zoom will offer — up to 16 weeks’ salary and healthcare coverage; payment of earned FY’23 annual bonus ba...
- Ebay to fire 500 employees, cut workforce by 4%CEO Jamie Iannone said the company decided to make cuts after examining the global macroeconomic environment over the past several months.
- Mass firing: Better.com CEO Vishal Garg has reportedly sacked over 3,000 employees in US and IndiaGarg made headlines last year for laying off 900 employees on a Zoom call.
- Better’s US Zoom firings leave 1,000 more workers in IndiaThe geographic shift, which effectively added 1,000 employees in India, could help Better.com stave off a downturn that’s left the company ...
- Better.com CEO apologises after laying off 900 employees via Zoom callVishal Garg, who has come under intense criticism after the SoftBank-backed company laid off about 9% of its workforce through the video ca...
- Better.com CEO Vishal Garg apologises after laying off 900 employees over ZoomVishal Garg, head of online mortgage originator Better.com, convened employees over the video streaming platform and told them "if you are ...
- Slack and Zoom seize the day, but will they stick?The need to just get work done has become a showcase opportunity for the best-of-breed software vendors to break through the noise and put ...
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