job cuts

Facebook parent Meta started laying off employees on Wednesday (April 20), reports said. The latest job cutsare a part of layoffs announced in March. Reportedly, the company started firing employees in technical roles. Teams that are…

Last Updated: April 11, 2023, 12:18 ISTGoogle Layoffs (Photo: IANS)As per the report, in France, Google’s parent company Alphabet has asked employees to resign voluntarily and get good severance packages in return. Silicon…

Another technology company is cutting jobs. Software company Amplitude co-founders Spenser Skates, Curtis Liu, and Jeffrey Wangsent an email announcing the decision to reduce the company’s global team by 13%. The email is also posted on…

Googleannounced earlier this year that it will be laying off 12,000 employees, or about 6% of its workforce as the technology industry braces for economic headwinds. The company is also making several cost-cutting measures such as asking…

Electronic Arts said on Wednesday it would lay off about 6 percent of its workforce and reduce office space, making it the first major videogame publisher to announce job cuts.Technology firms have led the latest round of layoffs as US…

US-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15 percent of its workforce, joining a host of companies rationalizing their labour force following a pandemic-fuelled hiring boom.Chief Executive Chris…

Accenture expects annual revenue growth to be in the range of 8-10 per cent in local currency, compared to 8 per cent to 11 per cent expected previously. (Photo: Reuters)Accenture trims its annual revenue growth and profit forecasts amid…

Accenture on Thursday lowered its annual revenue and profit forecasts and said it would cut about 2.5 percent of workforce, or 19,000 jobs, the latest sign that the worsening global economic outlook was sapping corporate spending on IT…

Last Updated: March 23, 2023, 14:14 ISTAffected employees will receive January through March bonus and regular pay for the month. (Representative image)Indeed CEO Chris Hyams, who will take a 25 per cent cut in base pay, says future job…

Even before Credit Suisse Group AG’s government-brokered takeover, the Swiss lender was in the process of cutting 9,000 jobs in an effort to save itself.That’s only the beginning after rival UBS Group AG agreed to buy the troubled bank,…