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National

219 tech firms sack over 68K employees in January, deeper layoffs coming

SAQIB SHAFIJanuary 29, 202305 mins

[ad_1] New Delhi: The month of January started on a super bad note for employees in the tech world. With more Big Tech companies like Microsoft and Google joining the ongoing layoff season, more than 3,400 tech employees are being laid off per day on average in January globally. As per the data by layoffs…

National

Get prepared for deeper layoffs in 2023, predict business economists

SAQIB SHAFIJanuary 24, 202303 mins

[ad_1] San Francisco: Deeper layoffs are coming in 2023 as most business economists have predicted that their companies will cut payrolls in the coming months, media reports said. According to a report in CNN citing a new survey, only 12 per cent of economists — surveyed by the National Association for Business Economics (NABE) —…