Page 11 - Layoff

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

Australian telecom Telstra to cut nearly 2,800 jobs as competition stiffens

Telstra had more than 31,000 employees as of August 2023 according to its annual report

Here's what Google CEO Sundar Pichai told his employees on more layoffs

Google CEO Sundar Pichai said the company will need to be 'very, very disciplined' about hiring more employees throughout the year

Return to work or face termination: Air India Express gives crew ultimatum

Air India Express fired 25 cabin crew members and demanded others to either return to work by 4 pm on Thursday or face termination

Air India Express fires cabin crew members over 'premeditated' sick leave

According to Air India Express CEO Aloke Singh, more than 100 cabin crew members had reported sick just before their rostered flight duty since Tuesday night

Simpl hands over pink slips to over 100 employees in a bid to cut costs

Simpl says it has laid out a 'comprehensive growth plan' while having a 'razor-sharp focus on profitability'

Google slashes jobs globally, shifts core team roles to India and Mexico

Out of the total 200 job cuts, nearly 50 were removed from the California-based engineering team as the company now looks to hire cheap labour as part of its cost-cutting exercise

Ola Cabs CEO Hemant Bakshi quits; company to lay off 10% employees

Ola Cabs is reportedly planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion

How CXO coaches have become vital in navigating modern corporate complexity

The coveted corner room comes with intense loneliness. A leadership coach helps CXOs grasp the enormity of the role and cope with the challenges

Google carries out fresh round of layoffs in an attempt to cut costs

The layoffs come during a period of sluggish hiring across the tech sector

Spirit Airlines to defer Airbus deliveries, layoff 260 pilots to save cash

A snag with Pratt & Whitney Geared Turbofan (GTF) engines has forced Spirit to ground some of its A320neo aircraft, pinching the company at a time when it is already grappling with a cash crunch

ZEE layoffs: CEO Punit Goenka to cut workforce by 15% in a bid to cut costs

Zee Entertainment Enterprises has proposed the implementation of a lean and streamlined management structure to the Board

ZEE Entertainment's Punit Goenka to lay off 15% of workforce to cut costs

In the new lateral structure, Punit Goenka, MD & CEO, has proposed the elevation of certain team members across businesses

US weekly jobless claims for unemployment benefits rises more than expected

The number of people receiving benefits after an initial week of aid, a proxy for hiring, dropped 19,000 to 1.791 million during the week ending March 23, the claims report showed

US layoffs surge 7% to reach 14-month high amid govt, tech cutbacks

Tech industry continued to outpace other sectors in jobs cuts through the first quarter of this year

Edtech company Byju's goes ahead with cutbacks, fires 500 staffers

Sales, marketing, and teaching roles feel the biggest impact

Byju's laying off employees via phone calls, dropping notice period: Report

The latest round of layoffs at edtech firm is estimated to affect between 100 to 500 employees

Paytm employees stare at 'voluntary resignations', firm denies layoff buzz

Paytm said the company is undergoing a routine appraisal process involving performance assessments which may lead to 'role adjustments'

Asked to work from home, then fired: How Stellantis laid off 400 employees

Stellantis laid off around 400 employees in a video call after asking them to do work from home on a particular day. They will now get a comprehensive separation package and transition assistance

Air India lays off over 180 non-flying staff as part of fitment process

Air India has laid off more than 180 non-flying staff in recent weeks, sources said while the airline maintained that the affected people were not able to utilise the voluntary retirement schemes and reskilling opportunities. The loss-making Air India was taken over by the Tata Group in January 2022 and since then, efforts are being made to streamline the business model. An Air India spokesperson on Friday said that as part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit. "A comprehensive process has been followed to assess the suitability of all employees over the past 18 months. During this phase, there have also been multiple Voluntary Retirement Schemes and reskilling opportunities offered to employees. "However, for less than 1 per cent of our employee base who have not been able to utilise VRS or reskilling opportunities, we have to part ways. We are honouring all contractual obligations dur