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Layoffs News

PAGE 11

Zuckerberg fires Meta employees making 6 figures for misusing free meal vouchers

FILE PHOTO: Meta's CEO Mark Zuckerberg reacts as he testifies during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. REUTERS/Evelyn Hockstein/File Photo

Published on Oct 24, 2024, 3:16 PM IST

Ernst & Young fires dozens of US staff for cheating on training course

Several EY employees completed multiple online courses during the “EY Ignite Learning Week” in May, according to an internal probe.

Published on Oct 22, 2024, 5:34 PM IST

'I feel embarrassed': Vice president fired from company after getting 25% bonus

Taking to Reddit, the former vice president said that he was laid off and felt embarrassed and angry with the decision.

Updated on Oct 22, 2024, 9:36 PM IST

Shloka Mehta's father, diamond tycoon Russell Mehta, opens up on layoffs

Russell Mehta and Mona Mehta have three children: Viraj, Shloka and Diya.

Updated on Oct 9, 2024, 1:56 PM IST

Tech CEO claims he trains his managers to fire workers: ‘Really good at firing’

Tech CEO Andreas Roettl said that during training, the team leaders are asked to practice firing.

Published on Oct 1, 2024, 1:59 PM IST

“Times are tough,” says laid off Disney employee who worked there for five years

The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018.

Published on Sep 27, 2024, 12:34 PM IST

HT Exclusive: What's going on at IBM? Skills, hiring, AI and more

IBM Asia Pacific General Manager Hans Dekkers in a conversation with IBM India Private Limited, Managing Director Sandip Patel during Think Mumbai 2024 - IBM annual flagship, at Jio World Convention Centre in Mumbai on Tuesday.

Published on Sep 25, 2024, 2:32 PM IST

Tech layoffs: Dell says more job cuts due to cost control, profitability concern

Dell said a limitation on outside hiring, job reorganizations and other actions will produce “continued reduction in our overall headcount” in the fiscal year ending in February 2025.

Published on Sep 13, 2024, 7:29 PM IST

Tech layoffs: Microsoft to cut hundreds of jobs in Xbox Games unit

Updated on Sep 12, 2024, 7:34 PM IST

PwC US to lay off 1,800 employees, 2.5% of its workforce to be impacted

PricewaterhouseCoopers to lay off 2.5% of its US workforce

Updated on Sep 13, 2024, 10:17 AM IST

Samsung India laying off employees amid slowdown: ‘Senior executives removed’

Updated on Sep 11, 2024, 12:44 PM IST

Tech layoffs: Intel, Cisco, IBM and Apple cut over 27,000 jobs in August

Tech layoffs: Intel cut 15,000 jobs, Cisco laid off 6,000, and IBM reduced its workforce in China by over 1,000, amidst a broader trend of layoffs in the sector.

Updated on Sep 5, 2024, 4:36 PM IST

Elon Musk says to X staff they'll get stock options, but with a catch: Report

Elon Musk had previously assured X employees that they can cash out the stock, just like SpaceX employees

Published on Aug 28, 2024, 2:18 PM IST

Tesla's work culture ‘not for the faint of heart’: Sreela Venkataratnam quits

Tesla VP Sreela Venkataratnam leaves Elon Musk's company, citing the work culture is not for the faint-hearted.

Published on Aug 23, 2024, 5:10 PM IST

Retailers cut 52,000 jobs in 2023-24 amid weak demand: Reliance, Titan, Raymond

The weakening demand in the retail sector was because of inflation, interest rate increase, and job losses in startups and IT.(Representational Image/Pixabay)

Published on Aug 19, 2024, 3:51 PM IST

Bengaluru CEO’s passport with US visa stolen by ex-employee after mass layoffs

Saarthi AI founder and CEO Vishwa Nath Jha

Updated on Aug 18, 2024, 1:24 PM IST

Cisco layoffs: Company to cut jobs of 6,000 employees amid AI pivot

Updated on Aug 15, 2024, 2:25 PM IST

Stellantis lays off 2,450 plant workers in the US. Here's why

Stellantis layoffs: Stellantis temporarily laid off some 1,600 workers after it cut production from two to one daily shift for the month in July.

Updated on Aug 12, 2024, 8:40 AM IST

Anupam Mittal reacts to Reliance laying off 11% workforce, says this…

Anupam Mittal raised concerns over the lay offs in the Reliance industries.

Published on Aug 11, 2024, 9:54 AM IST

Cisco to lay off thousands more in second job cut this year: Report

Published on Aug 10, 2024, 2:37 PM IST

Tech layoffs: Dell fires 12,500 employees- 10% of global workforce- in AI shift

Updated on Aug 7, 2024, 12:41 PM IST

Never quit your job, get laid off instead, says US self-made multimillionaire

Its better to engineer a layoff rather than quitting your job because of the unemployment benefits that come along with it in the US (Representational Image/Unsplash)

Published on Aug 6, 2024, 1:08 PM IST

Unacademy CEO announces no salary hikes for employees while wearing $400 T-shirt

Gaurav Munjal is the CEO of edtech firm Unacademy.

Updated on Aug 6, 2024, 11:05 AM IST

Intel plans to cut thousands of jobs. Will layoffs take place in India?

Updated on Aug 2, 2024, 10:15 AM IST

Layoffs at startups reducing or more to come? ‘Companies have already decided…’

Layoffs in 2024: This year major layoffs happened in companies like Ola Electric, Paytm parent One97 Communications, Byju’s, Unacademy, Swiggy and Flipkart.

Updated on Jul 31, 2024, 7:42 AM IST

WayCool layoffs: Startup fires 200 employees in 3rd round of layoffs in 1 year

WayCool layoffs: Layoffs have affected employees across Chennai, Bengaluru and Hyderabad, and its subsidiaries CensaNext and BrandNext.

Updated on Jul 26, 2024, 12:13 PM IST

Tesla is now on a hiring spree after Elon Musk orders mass layoffs

Roles have steadily popped up on Tesla’s careers page in recent weeks, with positions spanning artificial intelligence specialists to more run-of-the-mill service jobs (AP)

Published on Jul 18, 2024, 5:42 PM IST

California-based Intuit lays off 1800 employees, to prepare for 'AI revolution'

Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday, July 10, 2024, that includes laying off about 10% of its workforce.

Published on Jul 12, 2024, 12:23 PM IST

PwC layoffs: Mass job cuts at company after exodus of clients in China

PwC layoffs: More than half of one team was laid off although the final tally of firmwide cuts wasn’t immediately clear, the report claimed.

Updated on Jul 10, 2024, 2:38 PM IST

Dyson layoffs: Company to cut around 1,000 jobs in Britain

Updated on Jul 9, 2024, 7:44 PM IST

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