Page 30 - Layoff

Twitter influences some people's jobs but it isn't helping your career

In an era when all workers are supposed to sustain a personal brand that in theory will insulate us from job losses, something important could be lost if the site disappears

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

Twitter chief Elon Musk considers further layoffs in sales on Monday

Musk had offered Twitter employees an ultimatum: either stay on and work long hours in a more "hardcore" version of Twitter, or leave with severance pay

Moody's closing its consulting business in China, laying off staff: Report

The US-headquartered credit rating firm, Moody's Corp is shutting it's China consulting business and is laying off its staff

Zomato to lay off 3% of its total workforce to reduce costs: Report

Zomato, which currently has nearly 3,800 employees, stated that layoffs will be based on regular performance

Fired by Elon Musk or Mark Zuckerberg? The old economy is there for you

British lender Barclays Plc is offering support for laid-off workers looking to start new fintech businesses and hopes to fill some of its thousands of technology job vacancies.

Twitter's mass exodus of employees under Musk spurs fear site will decay

Multiple teams that were critical for keeping the service up and running are completely gone, or borrowing engineers from other groups, according to people familiar with the matter.

Jet Airways sends 10% staff on LWP, cuts salaries of another 23%

CEO Sanjiv Kapoor said on Twitter on Friday that "two-thirds of staff are not impacted at all" by the cost-cutting measures

Elon Musk's 'hardcore' ultimatum sparks exodus, leaving Twitter at risk

So many employees decided to take severance that it created a cloud of confusion over which people should still have access to company property.

'Difficult decision': Amazon CEO says more layoffs will happen in 2023

The mass layoffs that began in Amazon's corporate ranks this week will extend into next year, CEO Andy Jassy said on Thursday. In a note sent to employees, Jassy said the company told workers in its devices and books divisions about layoffs on Wednesday. He said it also offered some other employees a voluntary buyout offer. "I have been in this role now for about a year and a half, and without a doubt, this is the most difficult decision we have made during that time (and, we have had to make some very tough calls over the past couple of years, particularly during the heart of the pandemic)," Jassy wrote in the memo. Seattle-based Amazon, which has been cutting costs in various areas of its business in the past few months, is undergoing an annual review process to figure out where it can save more money. Jassy said this year's review is "more difficult" due to the economic landscape and the company's rapid hiring in the last several years. Other tech companies -- many of which had

Amid mass layoffs by Musk at Twitter, Koo offers to hire affected employees

Koo co-founder Mayank Bidawatka, in a tweet on Friday, offered to hire some of the Twitter ex-employees

Indonesian Internet firm GoTo lays off 12% of its workforce to reduce costs

According to TechCrunch, GoTo joins scores of local and global peers in its decision to cut the workforce to navigate the economic slowdown and rising interest rates

Meta fires staff for hijacking Facebook, Instagram accounts: Report

According to The Wall Street Journal, some offenders used Meta's account recovery software, 'Oops,' and even took thousands of dollars in bribes from those seeking access.

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Twitter temporarily closes its offices after Musks's ultimatum to employees

The closure until Monday came after more workers than expected opted for the latter option, causing confusion over who should still be allowed access to Twitter premises

Saluting out: How Musk's 'extremely hardcore' email caused chaos at Twitter

Slack, Twitter's internal communication platform, was on November 17 flooded with "salute" emojis sent by the employees who have resigned or are leaving the company

Top headlines: Tata plans to scrap Vistara, Amazon layoff to extend to 2023

Business Standard brings you the top headlines at this hour

Layoffs are part of annual operating planning review process: Amazon

Sources say attempts being made to absorb staff in other units

Amazon begins mass layoffs; data scientists, software engineers hit

Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment. On Tuesday, the company notified regional authorities in California that it would lay off about 260 workers at various facilities that employ data scientists, software engineers and other corporate workers. Those job cuts would be effective beginning on January 17. Amazon would not specify how many more layoffs may be in the works beyond the ones confirmed through California's Worker Adjustment and Retraining Notification Act, also known as WARN, which requires companies to provide 60 days' notice if they have 75 or more full-time or part-time workers. Amazon employs more than 1.5 million (15 lakh) workers globally, primarily made up of hourly workers. The online retail giant, like other tech and social media giants, saw sizable profits during the COVID-19 pandemic, as homebound shoppers purchased more items online. But

As Amazon begins mass layoffs, employees say horrendous way to treat people

The company did not reveal the exact number of employees being hit although earlier reports put the number at 10,000 employees or 3 per cent of its workforce