Browsing Tag

layoffs

35 posts

Unacademy to shut down global test prep arm, management to take paycuts

Edtech unicorn Unacademy will be winding up the books for its global…

Ola delays yearly appraisal, begins layoffs across verticals: Report

According to reports, Ride hailing unicorn Ola has deferred impending yearly appraisals,…
Byju's

Mass layoffs at $22Bn-valued Byju’s, pushes back payments for $1 Bn Aakash acquisition: Report

Byju Raveendran’s Byju’s, India’s highest valued startup and torchbearer of the Indian…

Amid crypto meltdown and hiring freeze, Coinbase to lay off 18% of its global workforce

The crypto winter has been hard for crypto enthusiasts, cryptocurrencies, and crypto…
Tesla

Tesla cancels three online hiring events for China scheduled in June

A week after Elon Musk directed company executives to pause all hiring…

Softbank-backed Brazilian crypto upstart 2TM lays off 10% employees amid crypto bear run

In recent times, most of the journalistic institutions have spent their time…
CarTrade

Cars24 lets go of 600 employees citing “business as usual, performance linked exits”

Indian start-up land is facing layoffs from all directions. Online used car…
Microsoft

Microsoft is reducing workforce after closing retail stores

As the unspoken king of the PC business-Microsoft enters a new fiscal…
IBM

IBM reportedly laying off “thousands” of employees amid strategic refocus towards cloud

IBM’s bets in the past have not really landed very well. The…
Zomato

Zomato to lay off 13% staff as hospitality sector bears the brunt of COVID-19’s economic fallout

“We need to make sure that we preserve as much cash as…
Uber logo

Uber to lay off 3700 from its workforce to cut losses in wake of COVID 19 pandemic

Uber, the company that took the world by force and practically invented…

Amid declining business, Walmart India fires top executives across divisions, halts expansions

World’s largest retailer Walmart is struggling in the Indian market. While the…
ola, uber

Another round of lay-offs at Ola, close to 250 employees let go

This is turning out to be a season of some serious workforce reduction…