Online food delivery platform Swiggy on Friday laid off 380 employees as part of a “restructuring exercise” citing challenging macroeconomic conditions, with its CEO Sriharsha Majety saying that overhiring was a case of “poor judgement” where he should have done better. In an internal email, Majety, Co-Founder and CEO, also…
Alphabet is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters. The cuts mark the latest to shake the technology sector and come days after rival Microsoft said it would lay off 10,000 workers. The job losses affect teams across the company including recruiting and…
The mass layoffs that began in Amazon’s corporate ranks this week will extend into next year, CEO Andy Jassy said Thursday. In a note sent to employees, Jassy said the company told workers in its devices and books divisions about layoffs on Wednesday. He said it also offered some other…
Technology giant Amazon plans to lay off 10,000 people in the coming days, adding to the bloodbath being witnessed in the technology world after Twitter and Facebook parent Meta significantly trimmed their workforces. The New York Times said in a report Monday that Amazon plans to lay off approximately 10,000…
Some of the Indian techies, who switched to social media major Meta after quitting their stable jobs just two-three days ago, are among the 11,000 people laid off by the company. Facebook has laid off 11,000 employees across the globe to cut down cost. An IT professional Neelima Agarwal, who…
Chipmaker Intel is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market, Bloomberg News reported on Tuesday, citing people with knowledge of the situation. The layoffs will be announced as early as this month and some of…
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