‘Building for long run’: Founder Gaurav Munjal after 250 layoffs at Unacademy
Unacademy says the latest "restructuring" was necessary to focus on sustainable growth and profitability
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Unilever to layoff 7,500 employees; separates ice-cream biz
The London-listed company expects full separation of the ice cream business by the end of 2025.
Google layoffs: Sundar Pichai hints at more ‘tough choices’ in 2024
Google CEO says layoffs, reorganisation must to achieve ambitious goals in 2024; tech giant had cut 12,000 jobs in 2023
ShareChat trims 15% workforce in fresh round of layoffs
The development comes almost a year after the company in January this year, fired 20% of its workforce or 200 employees in order to cut costs.
Spotify to slash 17% jobs to cut costs
Economic growth has slowed dramatically and capital has become more expensive, says Spotify CEO.
Crypto firm CoinDCX sacks 12% workforce
The company has cited "dwindling macroeconomic conditions coupled with higher TDS on domestic exchanges" as the reasons behind this decision.
Dukaan fires 90% support staff, switches to AI chatbot
Founder Suumit Shah faces flak from Twitter users who accused him of "celebrating" the layoffs in public.
Vodafone to trim 11,000 jobs; forecasts 'no growth' in new financial year
According to Valle, a significant investment has been reallocated in FY24 towards customer experience and brand.
Uber-rival Lyft lays off 26% workforce, Clubhouse sacks 50% employees
The development comes at the heels of several big technology companies as well as startups, globally, resorting to brutal layoffs amidst funding winter and dwindling macroeconomic situations.
Accenture to lay off 19,000 employees, lowers revenue guidance for FY23
According to the company’s SEC (Securities and Exchange Commission) filing, Accenture had approximately 7,38,000 workforce as of February 28, 2023.
