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Latest Articles in lay offs

Zoom To Lay Off Around 1,300 Employees, CEO Eric Yuan Taking 98% Pay Cut

In a message to employees on Zoom Blog, Zoom's Chief Executive Officer Eric Yuan said the layoffs will impact every part of the organisation

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B2B Unicorn Moglix Lays Off 15% Of Its Workforce: Report

The layoffs come as the Tiger Global-backed unicorn is in talks to raise $100-150 million from new and existing investors

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Xiaomi To Cut Down 15% Jobs: Reports

Xiaomi in November reported a 9.7 per cent fall in third-quarter revenue, hit by China's COVID-19 restrictions and softening consumer demand

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CNN Begins Massive Layoffs As Cost Cutting Strategy

Cost-cutting tactics have been widespread in the media industry as a result of the affected ad revenue for US networks, the organisation will experience sharpest cuts in years

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Twitter Asks Dozens Of Laid Off Employees To Return, Says It Was A Mistake

The social media company says some were laid off by mistake and others were cut before the management realised that their work and experience was necessary to build new features

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Online Interior Design Service 'Modsy' Shuts Down, Lays Off Employees

The company cited capital constraints and uncertain market conditions for the forced exit

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Coca-Cola Laying Off 2,200 Workers As It Pares Brands

The downturn forced the company to accelerate a restructuring that was already underway.

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Tata Teleservices Fires 600 Employees

In another jolt to the employment sector, Tata Teleservices has sacked around 600 employees citing stress on the telecom sector as the reason. Sales and other departments accounted for the maximum layoff

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Mockery Of Corporate Governance: The Sun Pharma Way

Sun Pharma has not only violated the good corporate governance in terms of transparency but also consciously tried to make the investors believe that there is no plan to either divest assets or to cut jobs by strongly denying the then true media reports

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