Tuesday, January 31, 2023
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Tag: Layoffs

IBM falls under layoff spell and fires 3,900 employees

IBM Corp, like other tech behemoths, has joined the 'layoff drive,' firing 3,900 employees on Wednesday. According to the tech hub, the layoff drive was part of some asset divestments. The company...

Apple starts un-announced lay-offs of its non-seasonal retail sector employees

A series of layoffs initiated by large technology companies would frequently prompt people to wonder if Apple would follow suit in 2023. Tim Cook, the CEO of Apple, previously stated in 2022...

Layoff becomes a new trend in 2023 – Swiggy to cut over 380 Jobs!

In an effort to navigate the market slump that has compelled businesses to become smaller and more disciplined, Swiggy plans to eliminate 380 positions and close down its meat marketplace. Swiggy is...

#layoffs trends on Twitter as this time Microsoft lays off 10,000 employees

Well, no one likes to start a new year by getting laid off, however, major tech giants like Twitter, Meta, HP, Amazon, and many more companies have been firing their employees. To...

Google is implementing new performance Review system to fire employees

Google is implementing a new performance review system, which is expected to put more employees at risk of obtaining poor performance ratings. Furthermore, fewer employees will be able to get high grades...

Tech layoffs will reportedly get even worse in 2023

This year's large layoffs by computer businesses have topped the levels seen during the 2008-2009 Great Recession, which began with the failure of Lehman Brothers. According to data from worldwide outplacement and...

IT layoffs are becoming more rapid with company firing employees increases

There is no such thing as a decent way to fire someone. But there are bad ways, judging by how many corporations are doing it recently. Of course, the social media site...

ShareChat cut off staff and discontinues its fantasy sports app

The parent firm of locally developed social networking platforms ShareChat and Moj, as well as Jeet11, a platform for fantasy gaming, Mohalla Tech, has laid off around 5% of its workers. According to...
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