layoffs

When layoffs in tech companies peaked in 2023, industry analysts attributed this surge to excessive hiring during the Covid-19 pandemic era of 2021 and 2022, and strategic business segment closures. As we move into 2024, the trend of workforce...

The global tech industry continues to grapple with workforce reductions, extending the challenges faced in 2023 into 2024. Prominent players such as Amazon, Apple, Dell, Byju’s, Expedia, and Cisco have executed significant layoffs across departments. Data from Layoffs.fyi reveals...

The global tech industry is grappling with a formidable challenge as unemployment shows no sign of abating. In 2023, a staggering 1,186 tech companies worldwide bid farewell to 262,582 employees. Surprisingly, in just 15 days of the New Year...

Despite the influx of significant funding into India's startup ecosystem, several startups grapple with operational sustainability. One such example is Udaan, a business-to-business (B2B) e-commerce company headquartered in Bengaluru. Udaan laid off 10% of its workforce, numbering between 100...

The Indian startup ecosystem has witnessed significant churn between September 2022 and July 2023, as revealed by the latest data from PrivateCircle Research. A whopping 3.6 lakh employees across 111 Indian startup unicorns have left their jobs during the...

The edtech industry, once a beacon of opportunity, is facing a challenging time as Byju's, India's largest edtech company, grapples with layoffs and financial troubles. In the past six months alone, the edtech company has let go of nearly...

In the wake of the Covid-19 pandemic, Indian companies, particularly the much-celebrated startup unicorns, have found themselves caught in a whirlwind of financial woes. Layoffs, drying funding, lack of talent and work-from-home challenges have become the order of the...

Indian startups are hiring despite the flurry of tech layoffs and market uncertainty that has forced most tech giants to seize their hiring process. According to the latest survey by Randstad India and the Federation of Indian Chambers of Commerce...

Amazon has decided to lay off another 9,000 employees, taking the tally of employees the internet behemoth has fired in the last 3 months to over 27,000. The company is not the only one on a firing spree, and...

Apple, Inc. (NASDAQ: AAPL) is undertaking a series of calculated steps to mitigate its operational expenses in light of the current economic climate marked by unprecedented uncertainty and volatility. According to Bloomberg, the Cupertino giant intends to delay bonuses...