Amid layoffs, techies now hit by soaring rents in Bengaluru

Amid layoffs, techies now hit by soaring rents in Bengaluru

[ad_1] Bengaluru: Soaring rents in Bengaluru have emerged as a major challenge for the software professionals who are already affected by salary cuts and fear of layoffs. As companies are slowly coming out of hybrid working mode and making reporting to office compulsory, techies from across the country are coming back to Bengaluru and settling … Read more

Over 23K techies lose jobs in nearly 82 Indian startups to date

Over 23K techies lose jobs in nearly 82 Indian startups to date

[ad_1] New Delhi: As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off by at least 82 startups in India, and the list is only growing, the media reported. According to a report in Inc42, 19 edtech startups, including four unicorns, have alone sacked more than 8,460 employees to … Read more

70-plus Indian startups show exit door to 21K techies, more expected

70-plus Indian startups show exit door to 21K techies, more expected

[ad_1] New Delhi: As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more to be given pink slips in the coming months amid deepening funding winter. In India, more than 21,000 employees have been laid off by more than 70 startups … Read more

Techies earning up to USD 1 mn a year laid off at Big Tech firms

Techies earning up to USD 1 mn a year laid off at Big Tech firms

[ad_1] San Francisco: As Big Tech layoffs dominate headlines, more details have emerged on which verticals and senior executives earning up to $1 million annually bore the maximum brunt at Google, Microsoft, and Amazon. At Google, laid-off employees included those who had previously received high performance reviews or held managerial positions “with annual compensation packages … Read more