Showing results for "#Lay off"
Tech companies laid off 226,000 employees to date
Statistics show that tech companies laid off more than 405,000 people since the beginning of 2021.
Ride-hailing & food delivery app Grab slashes 1,000 jobs
21 Jun 2023 11:15 AMAccording to Grab CEO Anthony Tan, the move is to manage costs and remain competitive in a challenging business environment, reports Nikkei Asia.
Oracle lays off hundreds of employees in its Cerner health unit
16 Jun 2023 5:57 AMAccording to a report in Insider, citing sources, the company has also cut back open positions within its health unit "after troubles with a massive...
Marketing tech firm ZoomInfo to lay off 3% of workforce
4 Jun 2023 1:47 PMIn its most recent annual report filing, the company said that it had 3,540 employees as of December 31, 2022, according to Seeking Alpha.
US investment firm Vanguard slashes Ola's valuation by 35%
11 May 2023 11:00 AMOla was valued at $7.3 billion at the close of 2021 and at $5.7 billion in a private funding round in January 2019
Amazon lays off several staffers for leaking customers' info
12 Jan 2020 5:43 AMAmazon has laid off several employees for sharing customers' data with third-party vendors, saying their action "violated its policies".
Tens of millions face losing jobs in escalating coronavirus crisis
27 March 2020 3:33 AMSangheon Lee, director of the ILO’s employment policy department, told that the scale of temporary unemployment, lay-offs and the number of...
Uber to cut 20 pc workforce globally, 5,400 jobs at risk: Report
29 April 2020 3:36 PMRide-hailing firm Uber is reportedly laying off 20 per cent of its workforce -- more than 5,400 of 27,000 employees – as rides come to an indefinite...