Showing results for "#Layoffs."
Salon at Home service brand faces backlash for firing 100 employees...
The controversy began when Anushka Dutta, a former UX copywriter of the company, shared a screenshot of an email from the company’s HR department.
Fashiontech startup Blissclub lays off nearly 18% workforce to cut...
10 Feb 2024 3:56 PM"The primary reason behind the layoffs was the startup's inability to raise fresh capital amid a high cash burn," the report mentioned.
US stocks open mixed following stronger-than-expected jobs report
2 Feb 2024 5:00 PMThe economy added 353,000 jobs and the unemployment rate remained unchanged at 3.7 per cent last month. Wages also grew by 4.5 per cent year over...
PayPal laying off about 2,500 employees to 'right-size' the company
31 Jan 2024 6:05 AMAccording to verified PayPal professionals on anonymous online discussion forum Blind, the job cuts have begun, and by the end of the week, will...
IPO-bound Swiggy looks to cut 350-400 jobs
26 Jan 2024 10:00 PMAs the company works to simplify structure and bring operational efficiencies, around 350 to 400 jobs are expected to be pruned, sources said.
Flipkart to cut 1,000 jobs in restructuring exercise
26 Jan 2024 12:00 AMAccording to the report, the company carries out these performance-based job cost reductions every year, and the latest workforce reduction is in line...
Now TikTok lays off employees to reduce costs
23 Jan 2024 3:00 AMThe job cuts happened mostly in the sales and advertising division, according to a company spokesperson.
Amazon’s Audible is laying off 5% of workforce
13 Jan 2024 12:15 AMIn a memo sent to employees Thursday, Audible CEO Bob Carrigan said the company is in good shape, but faces an “increasingly challenging landscape.”