Crypto firm CoinDCX sacks 12% workforce
The company has cited "dwindling macroeconomic conditions coupled with higher TDS on domestic exchanges" as the reasons behind this decision.
tech layoffs
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Uber-rival Lyft lays off 26% workforce, Clubhouse sacks 50% employees
The development comes at the heels of several big technology companies as well as startups, globally, resorting to brutal layoffs amidst funding winter and dwindling macroeconomic situations.
Koo cuts 30% of workforce; says ‘focussed on efficiency than growth’
The development comes a day after reports that said global tech giants Amazon and Meta have again resorted to layoffs
After 12,000 job cuts, Pichai says Google to move staff to 'more important areas'
Google cut its total workforce by about 12,000 in January, about 6% of its total workforce, of which 450 employees were affected in India
Accenture to lay off 19,000 employees, lowers revenue guidance for FY23
According to the company’s SEC (Securities and Exchange Commission) filing, Accenture had approximately 7,38,000 workforce as of February 28, 2023.
Amazon to eliminate 9,000 more jobs in 2nd round; count reaches 27,000
Amazon CEO Andy Jassy, in an email to employees, says it was a “difficult decision”, but it is best for the company long-term.
Tech layoffs: Zoom fires 1,300 employees; eBay to cut 4% jobs
Zoom's chief executive officer (CEO) Eric Yuan has announced to take a 98% salary cut for the current fiscal year.
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.
Google may lay off as many as 10,000 employees: Report
The Information reported that the search giant is planning to lay off as many as 10,000 employees.
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.
