job loss

High GST will make it more difficult for gaming companies to raise capital and invest in new games and technologies. This could impact the industry’s pace and make it less competitive in the global market. (Shutterstock)Passing the costs to…

Last Updated: May 08, 2023, 04:19 ISTIn January, Yellen sent a letter to congressional leaders, stating that her department had begun resorting to “extraordinary measures” to avoid a federal government default. (Image: Janet…

Last Updated: May 02, 2023, 05:21 ISTIBM did not immediately respond to a Reuters request for comment. (Image: IBM/Twitter)Hiring specifically in back-office functions such as human resources will be suspended or slowed, Krishna…

Layoffs at Amazon continue as the e-commerce giant began laying off employees in its human resource and cloud computing divisions on Wednesday as part of the previously announced job cuts that will affect 9,000 people.According to CNBC, the…

The merger between banks Credit Suisse and UBS could see up to 36,000 jobs being cut across the world, the SonntagsZeitung weekly reported on Sunday. Logos of Swiss bank UBS and Credit Suisse.(REUTERS) The takeover by UBS of…

Unacademy has laid off 12 per cent of its staff or about 380 employees, marking the edtech unicorn's fourth round of layoffs in past one year, according to Money Control, citing an internal letter sent by co-founder and chief executive…

Zoom Video Communications Inc. is eliminating 15% of its workers as the service that became ubiquitous during the pandemic adapts to slower growth.The company will cut about 1,300 jobs as part of a restructuring, Chief Executive Officer …

Last Updated: January 24, 2023, 14:31 ISTGoogle CEO Sundar Pichai. (File Photo: AFP)Before the job cut announcement, Google had made the decision to pay out 80% of bonuses in January with the remaining expected in March or April.Google CEO…

Amazon.com Inc AMZN.O will cut some jobs in the United States, Canada, and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff seen by Reuters. The layoffs…

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