Page 18 - Layoff

Pokemon GO developer Niantic lays off 8% of workforce; cancels 4 projects

CEO John Hanke reportedly wrote in an email to employees that Niantic was "facing a time of economic turmoil"

Byju's lays off 500 and may drop more people in latest edtech crisis

Recently, over 800 employees of WhiteHat Jr, resigned after being asked to work from office

BYJU's-owned WhiteHat Jr lays off 300 employees in latest round of job cuts

Online coding provider WhiteHat Jr, the beleaguered platform under edtech giant BYJU's umbrella, has laid off around 300 employees, after more than 1,000 of its employees resigned

Udaan lays off about 180 employees in a move to drive cost-efficiency

The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months

Employee exodus continues at Trell, 100 more leave as firm struggles to pay

Lifestyle social commerce platform Trell has seen another wave of employee exodus as it struggles to pay creators in the country. The company, however, on Monday claimed it has paid all its creators

Tesla employees' electric dream meets sudden crash in mass layoffs

The electric car-maker started laying off salaried employees after Musk announced last week to cut the workforce, which would result in reducing Tesla's total headcount by roughly 3.5 per cent

Netflix lays off 300 employees in 2nd round, more dismissal likely

After laying off several employees recently, popular video streaming platform Netflix has once again shown the exit door to an additional 300 employees in the second round of layoffs

Netflix lays off another 300 employees in latest round of cuts

The job losses are across the company, with most affected workers based in the US

Edtech platform MasterClass cut 20% of workforce amid worsening environment

MasterClass CEO David Rogier said the decision was taken to "adapt to the worsening macro environment and get to self sustainability faster"

JPMorgan laying off hundreds in mortgage business after rate surge

The total affected will be more than 1,000 workers, with about half moved to different divisions within the biggest US bank, according to people familiar with the matter

Sea's e-commerce arm Shopee laying off staff across Southeast Asia: Report

The move is reportedly aimed at "rationalising its e-commerce business" as rising inflation and high interest rates have hit the startup ecosystem globally

E-scooter giant Bird lays off 23% of its employees to reduce cost structure

US-based electric scooter and micromobility giant Bird has reportedly let go 23 per cent of its employees in its latest round of layoffs, media reports say

Join a firm that doesn't treat you as employee id: Banerjjee of Tata Neu

Says knee-jerk reaction-driven startups get rid of their biggest assets--the very people on whose shoulders these businesses were built

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Travel only if it is absolutely needed and meetings that can happen on Zoom should happen on Zoom, Gaurav Munjal tells employees

Cars24 asks 600 employees to leave on basis of 'poor performance'

Pre-owned e-commerce platform Cars24 said that around 600 employees have been let go based on their poor performance and not owing to any "cost cuts".

Amazon aggregator Thrasio Holdings appoints new CEO amid reported layoffs

Thrasio on Monday announced that Greg Greeley has joined its Board of Directors and will become the company's next CEO in August, succeeding current CEO and Co-Founder Carlos Cashman

Netflix lays off seasoned journalists after abysmal Q1 results

Netflix has reportedly laid off several experienced journalists and writers working for its entertainment site Tudum which it launched only in December last year

Alibaba, Tencent preparing to cut tens of thousands of jobs this yr: Rpts

The job cuts at the two companies would be their first major layoffs since Chinese regulators launched an unprecedented campaign a year-and-a-half ago to rein in its internet giants

Vishal Garg-led Better.com fires workers in US, India in mass layoff

Indian-American CEO Vishal Garg-run digital mortgage company Better.com on Wednesday started laying off thousands of employees in the US and India who received severance cheques in the payroll app

Better.com set for another mass layoff after CEO Vishal Garg's return

The return of Vishal Garg, the controversial Indian-American CEO of digital mortgage company better.com, is set for another round of mass layoffs next month, the media reported.