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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
Read MoreB2B 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
Read MoreXiaomi 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
Read MoreCNN 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
Read MoreTwitter 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
Read MoreOnline Interior Design Service 'Modsy' Shuts Down, Lays Off Employees
The company cited capital constraints and uncertain market conditions for the forced exit
Read MoreCoca-Cola Laying Off 2,200 Workers As It Pares Brands
The downturn forced the company to accelerate a restructuring that was already underway.
Read MoreTata 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
Read MoreMockery 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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