layoffs 2023

SkilL-Lync, an Indian edtech startup reduced its workforce by 20%, laying off around 225 employees on June 27. In recent years, Skill-Lynchas faced increasing competition from other edtech companies. The company has also been affected by…

The National Geographic magazine has laid off its last remaining staff writers. According to a report by The Washington Post on Thursday (June 29), the cutback involves some 19 editorial staffers in all, who had been notified in April that…

Education technology giant Byju's, one of India's biggest startups valued at $22 billion last year, has run into problems, from lawsuits and auditing issues to layoffs and board-room exits.In a major setback for a company often described as…

Edtech major Byju's is undertaking another major round of layoffs which is expected to impact at least 500-1,000 full time employees across teams, as the beleaguered startup continues to prune costs, amidst slowing growth and tough…

Health and wellness startup Mojocare has laid off 150 to 170 staffers across roles to improve on its unit economics and better its capital efficiency, it said.“Facing difficult market conditions, we at Mojocare have had to make tough…

Nikola said on Friday it would lay off a total of 270 employees, as the electric-truck maker looks to cut costs and sharpen its focus on the North American marketplace.Several firms have narrowed their focus on core markets after the U.S.…

Nearly 60,000 outsourced contract workers lost jobs in India's information technology sector in the year ending in March as jobs for flexi workers hired through contractors by companies shrank 7.7% from a year earlier, a recruitment body…

<!-- -->Many employees termed the layoffs as "unexpected".US-based cybersecurity firm Bishop Fox laid off 13 per cent of its workforce or 50 employees just a few days after it hosted a grand party for its employees, as per a report in…

Ecommerce startup Meesho has laid off 251 employees in a bid to turn sustainable amid a larger reset in the technology industry, the company told its staff in a town hall on Friday morning.This would amount to 15% of the total team…

Top US financial services firm Morgan Stanley is all set to cut around 3,000 positions by the end of June, reports US TV network CNBC. This will be the second round of layoffs in the US-based multinational company in the last six months. …