New Delhi, April 18 (IANS) US tech giant Meta (formerly Facebook) is reportedly planning to lay off at least 10 per cent of its global workforce, or nearly 8,000 workers, next month.Further layoffs are planned in the second half of the year, according to a Reuters report. However, the details of those layoffs have not been known yet. The initial round in May is likely to reduce about 10 per cent of its global workforce.According to the report, the layoff plans may depend on the developments in t…
Latest job cuts News & Updates
New Delhi, Jan 30 (IANS) Bhavish Aggarwal-run electric two-wheeler company Ola Electric on Friday announced to lay off approximately 5 per cent of the workforce owing to the “ongoing structural transformation”.In a statement, the company said it is “doubling down on speed and discipline through increased automation across its frontend operations”.“As part of this ongoing structural transformation, approximately 5 per cent of the workforce will be impacted,” Ola Electric said.It furth…
New Delhi, Jan 28 (IANS) An internal Amazon Web Services (AWS) email, seemingly sent by mistake referencing “organizational changes,” heightened speculation that US tech giant Amazon may announce another round of layoffs, though employees were already expecting one despite no official announcement.The message, sent by Colleen Aubrey, senior vice president of applied AI solutions at Amazon Web Services (AWS), acknowledged that “changes like this are hard on everyone” and said they were in…
Life as a Non-Resident Indian (NRI) often comes with exciting opportunities, but it also carries unique financial risks. With rising…