Layoffs: Page 8

News and Trends

GoMechanic Founder Admits To Financial Reporting Errors And Will Lay Off 70 Per Cent Workforce

Prior to this GoMechanic was in discussions to raise 75-80 million USD through funding led by SoftBank. The deal however was called off due to financial reporting errors.

News and Trends

Ola Fires 200 People Across Teams: Report

Sources claimed that layoffs have been across Ola Cabs, the ride hailing business and Ola Electric, the electric vehicle manufacturing company

Business News

You're More Likely to Get Laid Off If You Work in One of These Industries, Study Finds

According to the Bureau of Labor Statistics, these 10 industries have the highest rates of layoffs.

News and Trends

Goldman To Cut Thousands Of Jobs Midweek: Report

Bloomberg News reported on Sunday that Goldman would eliminate about 3,200 positions

Leadership

Before Pressing the Layoff Button, Leaders Need to Ask Themselves 1 Question — Then Do These 3 Things

As layoffs continue to rock the tech world, leaders would be smart to keep this advice in mind.

News and Trends

Amazon To Cut Over 18000 Jobs: Report

The layoff is said to be because of the uncertain economy and the fact that the online retail giant had hired rapidly during the pandemic

News and Trends

What Investors Need To Know About Tech Layoffs

Many startups have fired thousands of employees without giving them any severance or benefits

Business News

Report: Hundreds of Layoffs Set to Hit PepsiCo

A new report by the Wall Street Journal alleges that the cuts will primarily hit the beverage division.

News and Trends

The Vicious Cycle Of Overhiring And Layoffs

"We overhired for the world we're in. We were much too optimistic," wrote Patrick Collison, CEO, Stripe recently

News and Trends

Indian Healthtech Startup HealthifyMe Lays Off 20% Of Its Workforce

Amidst the global workforce being under constant fear, HealthifyMe joins the list of companies to announce layoffs

News and Trends

OYO To Let Go Of 600 Employees From Tech Team, Hire 250 In Sales

The IPO-bound company is downsizing its product and engineering, corporate headquarter and the OYO Vacation Homes teams, while adding people to the partner relationship management and business development teams

News and Trends

Amazon To Shut Down Its Online Learning Platform In India

The reports stated that, the winding down comes at a time when multiple edtech firms are reeling under the pressure of schools and coaching centres reopening across India after Covid-19-induced lockdowns

News and Trends

Amazon Receives Notice From Labour Ministry On Layoffs In India

As per reports, A Anjanappa, the deputy chief labour commissioner, has summoned the company regarding the voluntary separation program (VSP)

Business News

While Tech Giants Pause Hiring and Cut Staff, TikTok Plans to Expand

The social media app intends to hire about 1,000 new employees at its Mountain View office alone, according to a source close to the matter.