job cuts

Twitter has laid off at least 200 employees, or about 10 percent of its workforce, the New York Times reported late on Sunday, in its latest round of job cuts since Elon Musk took over the micro-blogging site last October.The layoffs on…

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by news agency Reuters said. The job cutsat Ericsson are the largest layoffs to hit the telecom…

India's largest IT services company Tata Consultancy Services (TCS) is not considering job cuts, its chief human resources officer Milind Lakkad told news agency PTI. Lakkad said that the company believes in grooming talent for longer…

<!-- -->The collapse in acquisition activity had an adverse effect on KPMG's advisory business. (File)New Delhi: KPMG on Wednesday said that it will cut 2 per cent of its staff in the US, FT reported citing an internal…

KPMG has become the first among the world's four biggest accountancy firms to slash jobs in the US. Reports show KPMG is cutting close to 2% of its workforce in the US. The development comes amid a turbulent macroeconomic outlook. The…

Salesforceannounced last month that is laying off about 10% of its workforce and will also be closing some offices. Its CEO Marc Benioff in a letter to employees said that the company made the decision to reduce headcount because the…

Demand for cybersecurity and privacy professionals hasn't dropped as much as that in other job functions, according to experts, as some segments of tech hiring start showing signs of slowing down.There are currently 18,000 active…

It's hard to feel sorry for Silicon Valley tech workers. From high salaries and generous stock options to nap pods and unlimited time off, they're among the most privileged class of employees in the world. Conversely, there's no denying…

Alphabet and rival Microsoft are once again locked in a race to rule the internet zeitgeist after the Google owner launched "Bard" in answer to AI chatbot sensation ChatGPT.Just minutes after Google announced the launch of Bard on Monday,…

The United States-based planemaker, Boeing, on Monday (February 6) confirmed that they are going to cut about 2,000 white-collar jobs in the company’s finance and human resources departments through a combination of attrition and layoffs,…