Page 2 - It Layoffs

TikTok layoffs staff at trust and safety unit as part of restructuring

Last year, the company laid off hundreds of employees from its global workforce, including a large number of staff in Malaysia as it shifts focus towards a greater use of AI in content moderation

Infosys lays off about 350 Mysore campus recruits; employees upset

Affected employees, who were being trained at the company's Mysore campus, told Business Standard that the entire layoff process was being handled harshly

Meta to cut 5% of staff, focusing on performance-based terminations

Altogether, Meta expects its headcount to be down 10 per cent by the end of the current performance cycle. That total includes an additional 5 per cent attrition from last year

Apple sacks Indian-origin staff over 'misuse' of charity donation programme

Apple has reportedly fired several Indian-origin employees in the US over alleged misuse of its charity matching grants programme, with FBI probing into possible fund misappropriation

Freshworks to lay off 660 employees as part of global restructuring plan

Freshworks is reducing its workforce by 13 per cent to enhance operational efficiency and focus on key strategic priorities

Tech layoffs fall in October as IT industry shows signs of stabilising

October's layoff numbers reveal a continuing decline, maintaining the trend established in previous months and marking one of the lowest points for layoffs since 2023

Meta fires employees for using $25 meal allowance on wine, household items

The dismissed employees pooled their credits together to maximise their purchases, taking advantage of the meal credit system over an extended period

Tech layoffs 2024: Over 100,000 IT jobs cut in second half of the year

Tech layoffs 2024: Major IT firms such as IBM, Cisco, and Microsoft have laid off over 100,000 employees across the globe in the second half of 2024

Disney layoffs: Over 300 corporate positions cut amid declining profits

The latest round of layoffs follows Disney's recent 140 job cuts in its TV division, which was 2 per cent of its workforce, as well as 175 layoffs at Pixar, which represents 14 per cent of its staff

Cisco's second 2024 layoff: 5,600 jobs cut, shifts focus to AI growth

Earlier in the year, Cisco reduced its workforce by 4,000 employees in a previous round of layoffs that took place in February

Samsung India to lay off 200+ executives amid slowing growth, challenges

Samsung India currently employs around 2,000 executives, meaning the layoff will affect 9-10% of its managerial workforce

Tech layoffs 2024: Tech companies lay off over 27,000 employees in August

Tech layoffs: Major IT firms such as Intel, IBM, and Cisco have laid off over 27,000 employees across the globe in August 2024

Cisco to lay off thousands more in second job cut this year: Report

Cisco, the largest maker of the routers and switches that direct internet traffic, has been grappling with sluggish demand and supply-chain constraints in its mainstay business

Tech layoffs continue: Dell to slash 12.5K jobs in restructuring for AI era

Dell executives Bill Scannell and John Byrne communicated the layoffs through an internal memo, titled "Global Sales Modernisation Update", on August 6

Tech layoffs 2024: IT companies lay off 100,000 employees till July 2024

Major IT firms such as Intel, Microsoft, Intuit, among others have laid off 124,517 employees across the globe till July this year

Microsoft faces backlash over DEI team layoffs amid diversity commitments

Microsoft has laid off its internal team dedicated to diversity, equity, and inclusion (DEI) due to 'changing business needs'

Tech layoffs: 98,000 impacted as Apple, Google, others continue job cuts

In May alone, 39 companies laid off a total of 9,742 employees as economic uncertainties continue to impact the tech sector's workforce

BNPL startup Simpl undertakes second round of layoffs in less than a month

It says the decision is in "continuation of our organisation-wide efforts to become fiscally prudent" and to achieve profitability by mid-2025

Tech job cut: Microsoft lays off 1,000 employees from mixed reality team

Majority of the jobs cut have been within Microsoft's Strategic Missions and Technologies organisation, which aims to sell the company's cloud software and server rentals for businesses

Google to lay off at least 100 employees from its cloud unit teams

Roles in sales, operations and engineering, consulting and "go to market" strategy were some of the positions cut