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layoffs (Page 2)

After layoffs, Zuckerberg now wants 2023 to be ‘year of efficiency’

After layoffs, Zuckerberg now wants 2023 to be ‘year of efficiency’

2023-02-02
National
By: SAQIB SHAFI
On: February 2, 2023

[ad_1] Meta CEO Mark Zuckerberg San Francisco: After laying off 11,000 employees, Meta Founder and CEO Mark Zuckerberg now wants 2023 to be the “year of efficiency”. In his quarterly earnings call with analysts late on Wednesday, Zuckerberg said that “I just think we’ve entered somewhat of a phase changeContinue Reading

BYJU’s slashes around 15% roles, mostly in engineering, as phased layoffs on

BYJU’s slashes around 15% roles, mostly in engineering, as phased layoffs on

2023-02-02
National
By: SAQIB SHAFI
On: February 2, 2023

[ad_1] New Delhi: Edtech major BYJU has laid off a further 15 percent of its employees from its engineering teams, as the company continues phased layoffs to remain growth-oriented in a global economic meltdown. According to sources, the company in a fresh round of layoffs has asked more than 1,000Continue Reading

Job growth in Indian IT sector slumps 25% amid layoffs

Job growth in Indian IT sector slumps 25% amid layoffs

2023-02-02
National
By: SAQIB SHAFI
On: February 2, 2023

[ad_1] New Delhi: Due to corrections in hiring in the IT industry, job growth in the Indian IT sector has declined by 25 per cent this year as compared to last year, a report showed on Thursday. The hiring intent declined across both large IT giants and unicorns, while trendsContinue Reading

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

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

2023-01-29
National
By: SAQIB SHAFI
On: January 29, 2023

[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. AsContinue Reading

Biden ‘personally’ understands impact of layoffs on family: White House

Biden ‘personally’ understands impact of layoffs on family: White House

2023-01-25
National
By: SAQIB SHAFI
On: January 25, 2023

[ad_1] New York: With massive tech layoffs hitting Indians in the US, the White House has said that President Joe Biden “personally” understands how losing a job impacts a family. In the last several weeks, major IT behemoths like Google, Microsoft, and Amazon have fired thousands of tech professionals, aContinue Reading

Get prepared for deeper layoffs in 2023, predict business economists

Get prepared for deeper layoffs in 2023, predict business economists

2023-01-24
National
By: SAQIB SHAFI
On: January 24, 2023

[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 AssociationContinue Reading

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