layoffs

Uber India Layoffs 25% Workforce Citing Tough Market Conditions

After laying off thousands of employees in the US, Uber is scaling down its operations in India now. Uber is downsizing its workforce in India by letting go its 25% of employees. The company hopes to reduce...

Zomato Layoffs: Tough Days Ahead For Food Delivery Startups?

The latest news of Zomotao layoffs shouldn't surprise many as the writing was on the wall. The food delivery startups in India are going through a tough phase as the lockdown situation appears to...

Pay Cut Amid Coronavirus: Only Employees, Not Directors, Face The Music

The COVID-19 is truly on its way to purge all companies worldwide based on the survival of the fittest. Amid these testing times, many companies have chosen to lay off, furlough or significantly cut the pay of...

A Tsunami of Startup Layoffs Is Coming: Employees Must Brace For Rainy Days!

The advent of the COVID-19 has impacted all kinds of businesses no matter how big or small in all parts of the world. However, it is mostly the startups who are seemingly going through the worst of...

Layoffs In Eventbrite, Meesho, OYO: Are Startups Having The Worst Of COVID-19?

Experts believe that layoffs in startups are inevitable. The question is all about time and impact, which will only be clear in the months to come. With the global economy in freefall amid the...

Cognizant Laying Off 200 Top Execs: How Ethical Is The “Clean-Up” Spree?

What can be the price that any top wing has to pay to bring in jobs for young talent into a company? Their own jobs, it seems! IT services major Cognizant Technology (NASDAQ: CTSH) reportedly fired about 200 employees from the top pyramid...

Yahoo! – AOL to Cut 2100 More Jobs As Acquisition of Yahoo! By Verizon is Completed

Bad news for internet giant Yahoo! shows no sign of stopping as it was announced that they would be cutting 15% of their 14,000 personnel workforce across Yahoo and AOL globally. This amounts to as many as 2,100 jobs in total....

Ola Restructuring and Layoffs on Cards After Uber’s Open Challenge [UPDATED]

Update 1: March 17, 11: 45 PM: Ola has responded to the story and rejected the possibility of any such layoffs. In an email to us, Ola clarifies that the company continues to grow fast and is focused on hiring...

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Backed By First-Time Shoppers, Flipkart And Amazon Dominated Festive Online Sales in India

It seems like Flipkart and Amazon squeezed the most out of the month-long festive season in India...
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Amazon Gets Slapped With Penalty As GOI Prepares To Tighten The Noose On Ecommerce Players!

In a recent move, the Indian Government slapped Amazon on its wrist for not mentioning the country of origin detail for products...

Facebook’s Past Comes Back To Bite As South Korea Fines Them For 2018 Scandal

The social media behemoth Facebook Inc. (NASDAQ:FB) has once again proved they are the true arch-nemesis of modern-day user-privacy!

Amazon Future Group Dispute Deepens As Singapore Court Turns Down Future Group Plea

The dispute between Amazon and Future Retail is, apparently, far from over anything soon as the Singapore International Arbitration Centre (SIAC) has...

Google Pay Fee On Instant Transfer: An Indication Of Google’s Aggressive Monetisation Strategy?

Google has decided to levy fee on instant payment, starting from the US market. A few days back, Google...