Page 4 - It Industry 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

The world's biggest tech firms, Alphabet and Microsoft have frozen hiring. Facebook parent Meta has laid off 11,000 employees. Watch the video to know what's behind this crisis.

Facebook parent Meta slashes workforce by 11,000, Zuckerberg takes blame

Meta CEO Zuckerberg says post-Covid scenario didn't meet expectations

350 employees in Udaan to get pink slip in pursuit of profitability

India's largest business-to-business e-commerce firm sacked 180 employees in June

Intel plans major layoffs this month as PC sales nosedive globally: Report

Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its sales and marketing teams, as consumer PC sales nosedive globally

EPAM sacks around 100 Indian employees, revokes offer letter of others

At least EPAM 100 employees, across testing, .Net, DevOps, and Java domains in both firms - EPAM Systems and EPAM Anywhere - have been asked to resign

HCL Tech lays off over 300 globally working on Microsoft projects

Company silent on layoff details, but sources say those asked to go are from India, Philippines and Guatemala

Capgemini tweaks its leave policy in India amid coronavirus lockdown

Forum for IT Employees (FITE), a self-proclaimed union for IT employees, has alleged that the company has taken such steps in order to "compensate for business loss owing to the nationwide lockdown".

Coronavirus fear: Govt raises issue of layoffs, salary cuts with companies

Low-cost airline SpiceJet had announced a 30 per cent pay cut for employees for March and announced "leave without pay' during March 25-31

Indian IT firms unlikely to lay off employees amid coronavirus lockdown

With high employee utilisation level and low bench strength, Indian IT companies are in a better position to absorb the adverse impact on cost for now

Amid Covid-19 scare, CII tells member companies not to lay off employees

The Confederation of Indian Industry (CII) had 9,325 companies as members at the end of 2019