Page 2 - It Layoffs

Pinterest lays off about 150 employees amid cost-cutting measures

Photo-sharing social media platform Pinterest is reportedly laying off about 150 employees amid cost-cutting measures.

Job growth in Indian IT sector declines 25% over corrections in hiring

The hiring intent declined across both large IT giants and unicorns, while trends across other IT startups remained stable as compared to last year, according to a report by naukri.com

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

Finland invites Indian tech professionals during global layoff season

Nordic country aims to double work-based migration and triple study-based migration by 2030

IBM, SAP SE to cut thousands of jobs globally amid tech layoffs

Dow, EY also announce cuts

IT and start-up hiring to stay muted in 2023, niche tech roles to keep pace

This layoff period, coupled with a lull in hiring, is expected to last over the next two or three quarters, say experts

Amid layoffs, Indian IT professionals look for options to stay in the US

According to The Washington Post, nearly 200,000 IT workers have been laid off since November last year, including some record numbers in companies like Google, Microsoft, Facebook and Amazon

Ugly truth of layoffs: Firms invest huge resources to rebuild workforce

'Understaffing isn't always a result of management short-sightedness'

About 3,000 tech employees being fired a day on average in Jan: Report

Google's parent company Alphabet announced to lay off 12,000 employees, or about 6 per cent of its workforce

Uber not planning for any company-wide layoffs, says CEO Khosrowshahi

Dara Khosrowshahi's statement comes days after several IT companies have decided to hand over pink slips to their employees

'Hard choices', says Satya Nadella as Microsoft cuts 10,000 jobs

The impact of the move on its Indian operations could not be ascertained

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

91 tech companies lay off over 24,000 employees in first 15 days of January

The number of layoffs reached its nadir in November, which saw 51,489 tech workers lose their jobs

Meta, Microsoft vacating offices in Seattle amid remote work, layoffs

The Seattle Times reported that Meta is reviewing 'leases for Seattle-area office buildings'

Salesforce to cut 10% of its workforce, pare offices as sales slow

Salesforce, the largest private-sector employer in its hometown of San Francisco, has almost tripled its workforce in the past four years

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

Most fired tech workers landing new jobs in three months, says report

Nearly four in 10 previously laid off tech workers found jobs less than a month after they began searching, the survey found

India's startup ecosystem may be staring at an extended funding winter

Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession

Layoff fallout: Outplacement firms have their hands full with flood of CVs

Tough trade-off: Companies want job guarantee for people they've laid off, but on a bargain

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