Nokia to axe up to 14,000 jobs to lower costs
The development comes as Nokia's profit in the September quarter, declined by 69% year-on-year to 133 million euros.
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Vodafone to trim 11,000 jobs; forecasts 'no growth' in new financial year
According to Valle, a significant investment has been reallocated in FY24 towards customer experience and brand.
Vimeo lays off 11% employees amid 'uncertain economic environment'
The majority of people impacted are in sales and R&D departments.
SaaS unicorn Chargebee lays off 10% employees
The layoffs were driven by external market external market forces, says co-founder and CEO Krish Subramanian.
47% CEOs in India weighing job cuts over next 6 months: KPMG
About 33% CEOs in India and 39% CEOs globally have already implemented a hiring freeze, says KPMG.
46% global CEOs considering job cuts: KPMG
39% of global CEOs have already implemented a hiring freeze, says survey.
Marginal growth in India’s service sector in Feb; job losses continue
The marginal growth in India's services PMI was attributed by panellists to greater bookings, better demand conditions and the retreat of the pandemic.
Covid-19: Of job losses, pay cuts and deferred hikes
While the pandemic is causing employers to rethink their hiring forecasts, many are in a cash-conservation mode and are delaying or cancelling bonus payouts and increments, say HR experts.
