Page 3 - It Layoffs

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

Tech layoffs 2024: Over 9,500 employees lose job across 39 companies in May

Global tech layoffs 2024: As many as 89,333 employees have been laid off across 306 tech companies in 2024 so far

Layoffs by Indian tech startups dip 60% in Jan-March this year, says report

Tech startups let go of more than 2,000 workers in the first quarter as funding capital reduced

Amazon web services slashes hundreds of jobs as part of cost-cutting drive

Sales growth at AWS, the largest seller of rented computing power and data storage, slowed to a record low last year as corporate customers cut spending and delayed technology modernization projects

TCS layoffs: Over 20 employees in US cry foul, file complaint against firm

With the industry facing low demand, several of the large IT firms have been looking at ways to cut costs

Firefox maker Mozilla to cut 60 jobs as part of shake-up under new CEO

Mozilla last cut a significant number of jobs four years ago at the height of the Covid-19 pandemic

Artificial intelligence driving more layoffs than companies want to admit

Experts struggle to get an accurate picture of just how many jobs are being eliminated as AI rapidly advances

Wipro on job cuts: Aligning business, talent to changing market environment

After startups and Big Tech, layoff season may have begun at the $245 billion Indian IT industry

PayPal to cut around 2,500 jobs as company grapples with competition

PayPal, which employed around 29,900 workers at the end of 2022, announced a similar round of cuts last January. The latest move will affect about 2,500 workers

PayPal to lay off around 2500 employees to 'right-size' the company

PayPal's CEO announced the laying off of around 2500 employees this year, which is 9 per cent of its global workforce, to 'right-size' the company

Salesforce to lay off around 700 employees across company: Report

With this, Salesforce has become the fourth tech major to trim its workforce in 2024 after Google, Twitch and Amazon

'Removing layers': Sundar Pichai hints at more layoffs at Google in 2024

Google CEO Sundar Pichai's remarks followed a day after the tech giant handed pink slips to around 1,000 employees in the advertising sales team in the first layoff wave of 2024

Google confirms fresh round of layoffs; 1,000 employees receive pink slips

Google aims to enhance support for small & medium businesses by restructuring its ad team through job cuts, as well as using AI to enhance efficiency

Google lays off hundreds working on Assistant software, other parts of firm

A few hundred roles are being eliminated in the company's Devices and Services team, with the majority in the 1P AR hardware team, the company said

Paytm lays off over 1,000 employees as part of cost-cutting measures

The fintech giant's parent company, One 97 Communications, is working towards reducing its staff expenses by 10-15% over the ongoing financial year