layoff news

Reuters | | Posted by Ritu Maria Johny SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to three sources…

Microsoft Corp., implementing the layoff of 10,000 workers announced last month, on Thursday cut jobs in units including Surface devices, HoloLens mixed reality hardware and Xbox, according to people familiar with the matter.Cuts to much…

Last Updated: February 05, 2023, 09:31 IST3,300 tech employees lost jobs daily.Barring Apple, every other Big Tech firm has slashed jobs, led by Amazon with 18,000 job cuts, followed by Google with 12,000 and Microsoft 10,000 job cuts in…

The CEO of a San Francisco-based tech company has issued an apology after quoting civil rights champion Martin Luther King Jr. in an email announcing layoffs, which was massively trolled online. In the 1,700-word email sent last week,…

If you’ve just been laid off, you’re probably feeling unmoored and worried about what happens next, especially if this is the first time you’re going through it.Beyond the obvious (like doing a detailed review of expenses), there are some…

Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim some support jobs, the U.S. planemaker said Friday.The Arlington, Virginia-based company boosted overall…

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.Chief Financial Officer James Kavanaugh told…

Last Updated: January 24, 2023, 12:23 ISTGoogle CEO Sundar Pichai (File photo)Google's parent company Alphabet has eliminated 12,000 jobs or 6 per cent of its workforce.Hedge fund billionaire and investor Sir Christopher Hohn has told…

Thousands of Indian IT professionals in the US, who have lost their jobs due to the series of recent layoffs at companies like Google, Microsoft and Amazon, are now struggling to find new employment within the stipulated period under their…

Google's parent company Alphabet Inc. said on Friday that it will cut about 12,000 jobs, amounting to more than 6 per cent of its global workforce. Alphabet became the latest tech giant from Silicon Valley to shrink its workforce after…