It Industry Layoffs

'Anxiety at peak': Accenture layoff move jolts Indian IT professionals

Accenture's management said that for a record quarter (Q2), the company managed to deliver with the existing talent base

Accenture to cut 19,000 jobs as IT spending slows; India impact unclear

IT services firm announces 'departure of 19,000 people' to save costs and streamline functions

Leading job portal Indeed lays off 2,200 employees, CEO Hyams 'heartbroken'

Call it ironic but leading job portal Indeed that helps thousands land their dream jobs has itself laid off 2,200 employees, or 15 per cent of its workforce.

Citing profitability, cybersecurity firm Secureworks lays off 9% of staff

US-based cybersecurity company Secureworks, backed by Dell Technologies, has laid off about 9 per cent of the workforce globally as part of its restructuring

Why Apple's Tim Cook has not cut workforce amid mass layoffs

As every Big Tech company has announced job cuts running into thousands, Apple is yet to do so and may not plan to terminate employees as it never hired at the pace at which other tech giants did

Canadian firm Clearco lays off 30% of workforce in second round of job cut

This is the second round of job cuts, as back in July, Clearco laid off 125 employees or 25 per cent of its workforce.

Microsoft to cut engineering jobs this week as layoffs go deeper: Report

Microsoft most recently shrank its workforce in October and July, and has eliminated open positions and paused hiring in various groups

For tech industry, 2022 was a year of mass layoffs; 2023 likely to be worse

The tech layoffs this year have exceeded the job cuts the sector faced globally during the financial crisis of 2008-2009 triggered by the Lehman Brothers' collapse

Google staff braces for a cost-cutting drive as budgetary anxiety mounts

A letter signaled how some Google employees are increasingly interpreting recent management decisions as warnings that the company may be angling to conduct broader layoffs

Online education company for IT services Pluralsight lays off 400 employees

Online education company for IT professionals, Pluralsight, which was recently valued at more than $1 billion has announced to lay off 20 per cent of its global workforce, about 400 employees

Software firm Salesforce's workers brace for fresh round of layoffs

Salesforce, an enterprise software company, is preparing for another round of layoffs amid leadership changes, increased pressure to meet sales targets, and the influence of activist investors.

Low-code software platform Airtable lays off over 20% of its workforce

TechCrunch reported that the impacted employees will get at least 16 weeks of severance pay, accelerated equity vesting and support from an immigration counsel if on visa

Twitter faces new legal fallout over employee layoffs under Elon Musk

The latest legal actions follow a class-action lawsuit filed when the layoffs first began in early November which accused the company of failing to give enough notice to hundreds of employees

CEO of $4.5 bn digital insurance company Wefox 'disgusted' at tech layoffs

Julian Teicke told CNBC he is "a little disgusted by statements like, 'never miss a good crisis' or 'we have to cut the fat'"

HP Inc to reduce global headcount by up to 6,000 employees as demand slows

PC and printer major HP Inc is joining the ongoing tech layoff season and will lay off nearly 4,000-6,000 employees

In layoff season, Google may fire 10,000 'low performing' employees

The news on layoff at Google has come within days of a letter that hedge fund TCI, an investor in the company, wrote to Alphabet. TCI has shares worth $6 billion in Alphabet

Twitter France head Damien Viel quits amid mass layoffs, says 'It's over'

Damien Viel, who confirmed his departure in a separate message to Bloomberg, had led the region for about seven years

Layoffs are part of annual operating planning review process: Amazon

Sources say attempts being made to absorb staff in other units

'What if I'm next?' Fear grips Amazon India employees amid global layoffs

Those in the know say the full force of the impact of global layoffs in India will be felt in the retail division

Pandemic boom to layoff crisis: How big tech and startups got it wrong