Polygon Labs lays off 20% staff; Mckinsey to slash 2,000 jobs
The development comes a month after the crypto firm announced corporate restructuring in January this year.
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February 2023
January 2023
December 2022
November 2022
Dell to sack over 6,000 employees amid tech layoffs
Dell's market conditions reportedly continue amid volatile market scenario and the decision to cut workforce is taken to boost efficiency.
Layoffs wave hits IBM, SAP; thousands of employees to be sacked
The two companies plan to sack thousands of employees as a cost-cutting measure owing to the dwindling macroeconomic trends.
Spotify lays off 6% employees globally
Dawn Ostroff, the company’s chief content and advertising officer, has also decided to part ways with the music-streaming giant.
Amid layoffs, Zomato plans to hire 800 people across 5 roles
Zomato CEO Deepinder Goyal says the food ordering company has about 800 job positions open across five roles.
Vedantu sacks 385 employees as tech layoffs continue
On Wednesday, the Tiger Global-backed edtech unicorn sacked as many as 385 employees or 11.6% of its workforce across human resources, learning and content segments.
PepsiCo to fire hundreds of employees in North America
The layoffs will be across the company’s North America beverage business, as well as snacks and packaged foods business in New York, Chicago, and Plano, Texas.
Govt may launch probe against Amazon India amid layoffs, resignations
A week earlier, the government had summoned the ecommerce giant, which has as many as one lakh employees in India, for discussion regarding layoffs and subsequent layoffs.
After edtech, Amazon to close food delivery business in India
In a letter sent to restaurant partners, the e-commerce firm said that the food delivery services will discontinue from December 29, as part of the company’s annual operating planning review process.
Zomato sacks 3% of its staff amid tech layoffs
This will be the second job cut by the company since 2020. In May 2020, the company had laid off 520 employees, or 13% of its workforce.
