job cuts
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Tech News
LinkedIn Said to Cut Over 700 Jobs, Shut Down China Focussed InCareers App
LinkedIn, the social media network owned by Microsoft that focuses on business professionals, said on Monday it would cut 716…
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FIFA Maker EA to Lay Off 6 Percent of Its Workforce, Will Incur Up to $200 Million in Related Charges
Electronic Arts said on Wednesday it would lay off about 6 percent of its workforce and reduce office space, making…
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture on Thursday lowered its annual revenue and profit forecasts and said it would cut about 2.5 percent of workforce,…
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Tech News
Job Search Platform Indeed to Cut 2,200 Jobs, CEO to Take 25 Percent Pay Cut
US-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15 percent of its workforce,…
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Facebook Parent Meta to Lay Off 10,000 Employees Just Four Months After First Round of Job Cuts
Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees,…
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Layoffs in Crypto Industry Drop in February, Messari and Elliptic Most Recent to Slash Staff
The wave of layoffs that has severely impacted the tech industry in recent months, also hit the crypto sector around…
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Tech News
Twitter Lays Off Around 10 Percent of Its Workforce in Latest Round of Job Cuts: Report
Twitter has laid off at least 200 employees, or about 10 percent of its workforce, the New York Times reported…
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Tech News
Zoom to Lay Off 1,300 Workers as Firm Cuts 15 Percent of Workforce Amid Slowing Demand
Zoom Video Communications said on Tuesday it would cut about 1,300 jobs, as demand for the company’s video conferencing services…
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Microsoft’s Metaverse, VR Initiatives Likely to Slow Down Amid Ongoing Layoff Season
Microsoft, that announced layoffs of five percent of its total team earlier this year, has not spared even its up-and-coming…
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Tech News
ByBit Crypto Exchange to Cut Staff by 30 Percent as Market Slump Sees No End
The global crypto market fell from its last year’s valuation of $3 trillion (roughly Rs. 2,44,97,715 crore) to currently stand…
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