layoffs
Google-backed ‘Adda247’ trims workforce by 20% ahead of IPO
Google-backed ed-tech startup Adda247 has reportedly laid off around 200 employees (~ 20% of its workforce) as the company looks to cut costs amid slowing revenue growth. The…
Coinbase to lay off 14% workforce amid cost pressures and AI-driven restructuring
Coinbase has announced that it is cutting about 14% of its workforce, or around 700 employees, as part of a major restructuring. The move is aimed at reducing…
Verizon could cut 15,000 jobs amid cost-cutting drive under new leadership
Verizon Communications, the telecom behemoth, is reportedly planning to cut up to 15,000 jobs. The reductions would affect about 10-15% of its workforce of about 100,000 employees, reports…
GM to lay off 1,750 workers as electric vehicle demand slows
General Motors (GM) has announced that it will lay off about 1,750 workers from its electric vehicle and battery production plants in the United States, citing slower growth…
Intel to cut 15% of workforce and cancel factory projects amid $2.9Bn Q2’25 loss
Intel has announced that it will lay off around 15% of its global workforce (~ 15,000 employees) and cancel several large-scale chip factory projects as part of a…
Microsoft lays off over 300 in latest round of job cuts
Tech giant Microsoft has now brought forth yet another round of job cuts, impacting over 300 employees in early June. This latest reduction follows a larger workforce reduction…
Intel plans to lay off over 20% of its workforce: Bloomberg
With an imminent earnings report in, Intel is now gearing up to initiate a fresh round of job cuts this week, which could see more than one-fifth of…
Amazon plans to cut 14,000 managerial roles amid cost-cutting push: Report
Amazon is reportedly planning to reduce its global management workforce by approximately 14,000 positions by early 2025. According to a report by Financial Express, this move is part…
Meta announces fresh job cuts across several divisions
Social media company Meta has now initiated yet another round of layoffs across its organization. From what we know so far, the latest round of job cuts has…
Electronic Arts is laying off 5% of its workforce
Video gaming behemoth Electronic Arts, has announced a significant restructuring plan – one that impacts both its workforce and overall operational structure. According to a report filed with…
eBay is laying off 1000 employees amid growth squeeze
Amid continuous struggles for growth, eBay Inc has revealed plans to realign organisational structure and cut approximately 9% of its current workforce, translating to around 1,000 job roles.…
Spotify to reduce headcount by 17% in latest layoffs
Spotify, the global music streaming behemoth, has announced a substantial reduction in its workforce – 17%, which targets around 1,500 employees. This decision comes as the third round…
MPL lays off 350 employees as economics re-align post 28% online gaming tax
Mobile Premier League (MPL), one of the only two esports and online gaming unicorns in India, has now responded to the fresh 28% tax on online real-money games…
Tiger-Global backed used cars platform Spinny lays off 300
Spinny, the Tiger Global, ADQ backed used cars platform, is laying off 300 employees, as India’s unicorns feel the heat of profitability and worsening venture capital investment scenario.…
Disney to cut 2,500 jobs, part of previously announced restructuring plan
In a recent development, media and entertainment giant Disney is set to undergo a third wave of layoffs, with more than 2,500 employees expected to be affected. The…
LinkedIn cuts 716 jobs in fresh layoffs, will phase out local jobs app in China
Social media network LinkedIn has cut an additional 716 roles as part of its latest round of layoffs. According to a letter by LinkedIn CEO Ryan Roslansky, the…
More layoffs reportedly expected at Meta this week, to impact teams working in Reality Labs, Facebook among others
In what has become an increasingly common scene, another wave of job cuts is set to come at Facebook, Instagram, and WhatsApp parent Meta. According to a report…
Apple to eliminate a small number of corporate retail roles: Report
Apple could eliminate a small number of roles, according to media reports. Bloomberg reports that the iPhone maker is bringing layoffs to its organization (on a small scale),…
Unacademy slashes workforce by 12% in fresh layoffs
Online learning platform, which has been struggling off late on the business side of things, is reflecting that even more in its latest attempts to cut costs. The…
Meta employees brace for more layoffs
Meta, the parent company of popular social media platforms Facebook, Instagram, and WhatsApp, is reportedly planning another round of layoffs as part of its efforts to cut costs…
Alphabet’s moonshots impacted in fresh layoffs, 137 employees laid off in Waymo
Instances of layoffs have been increasingly frequent over the past months, as big tech and startups alike, have struggled to negotiate an economic slowdown, fears of a recession,…
