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Google Slashes 10% Of Managerial Staff In Hunt For 'Googleyness': Report
Google Layoffs: Google has laid off 10 per cent of its managerial staff as part of a long-running campaign to increase efficiency by double that number, multiple news reports said Wednesday.
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eBay Could Be Considering Exiting NFT Sector, Reportedly Trims Web3 Team
eBay has reportedly slashed 30 percent of its Web3 team. After acquiring the NFT marketplace KnownOrigin in 2022, eBay had absorbed the team running this NFT marketplace. In the last eighteen months since the acquisition however, tensions between the eBay team and the KnownOrigin team reportedly rose – leading to the present-day situation.
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Viral Video Shows 3,000 Engineers Queuing Up For Walk-In Job Interview In Pune
The incident highlights the intense competition affecting both recent graduates and experienced professionals.
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Layoffs In US Soared 98% In 2023 And It Could Get Worse This Year, Report Claims
US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed.
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Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
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Manufacturing Activity Hits 3-Month High In March, But Job Cuts Resume
India's manufacturing sector expanded at its quickest pace in three months in March on improved output and new orders, although firms shed jobs for the first time in over a year, a private business survey showed today.
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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 it the first major videogame publisher to announce job cuts.
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Amazon to Lay Off 9,000 Employees in Another Round of Job Cuts; Twitch, E-Commerce, HR Sector to Get Affected
Amazon.com on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9 percent of its roug...
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Ford To Layoff 3,800 In Europe, Mostly Germany, UK
US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as competition in the electric car sector intensifies.
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Dell to Lay Off About 6,650 Employees Amidst Falling Demand for PCs: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday. The previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, CEO Jeff Clarke said in a memo.
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On Tech Layoffs, Arvind Kejriwal's Appeal To Centre
Expressing his concerns at the mass layoffs across several tech firms, Delhi Chief Minister Arvind Kejriwal on Monday asked the centre to assess the situation in the country and take right steps.
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Spotify to Lay Off 6 Percent of Workforce as Job Cuts in Technology Sector Continue
Spotify is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.
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Google Parent Alphabet Said to Cut 12,000 Jobs in Latest Jolt to Technology Sector
Alphabet, Google's parent firm, is set to cut 12,000 jobs at the US firm, according to a memo issued to staff. The company follows rival Microsoft, which also announced that it would lay off 10,000 workers recently.
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Man Fired After Working For Over 21 Years At Microsoft Shares Heartfelt Note On LinkedIn
Microsoft Corp said on Wednesday it would cut 10,000 jobs by the end of third quarter of fiscal 2023, the latest sign that layoffs were accelerating in the U.S. technology sector as companies brace for an economic downturn.
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Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
-
Google Slashes 10% Of Managerial Staff In Hunt For 'Googleyness': Report
Google Layoffs: Google has laid off 10 per cent of its managerial staff as part of a long-running campaign to increase efficiency by double that number, multiple news reports said Wednesday.
-
eBay Could Be Considering Exiting NFT Sector, Reportedly Trims Web3 Team
eBay has reportedly slashed 30 percent of its Web3 team. After acquiring the NFT marketplace KnownOrigin in 2022, eBay had absorbed the team running this NFT marketplace. In the last eighteen months since the acquisition however, tensions between the eBay team and the KnownOrigin team reportedly rose – leading to the present-day situation.
-
Viral Video Shows 3,000 Engineers Queuing Up For Walk-In Job Interview In Pune
The incident highlights the intense competition affecting both recent graduates and experienced professionals.
-
Layoffs In US Soared 98% In 2023 And It Could Get Worse This Year, Report Claims
US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed.
-
Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
-
Manufacturing Activity Hits 3-Month High In March, But Job Cuts Resume
India's manufacturing sector expanded at its quickest pace in three months in March on improved output and new orders, although firms shed jobs for the first time in over a year, a private business survey showed today.
-
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 it the first major videogame publisher to announce job cuts.
-
Amazon to Lay Off 9,000 Employees in Another Round of Job Cuts; Twitch, E-Commerce, HR Sector to Get Affected
Amazon.com on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking a new round of job cuts that pile onto the technology sector's woes. In a remarkable turn for a company long touting its job creation, Amazon will have eliminated 27,000 positions in recent months, or 9 percent of its roug...
-
Ford To Layoff 3,800 In Europe, Mostly Germany, UK
US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as competition in the electric car sector intensifies.
-
Dell to Lay Off About 6,650 Employees Amidst Falling Demand for PCs: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday. The previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, CEO Jeff Clarke said in a memo.
-
On Tech Layoffs, Arvind Kejriwal's Appeal To Centre
Expressing his concerns at the mass layoffs across several tech firms, Delhi Chief Minister Arvind Kejriwal on Monday asked the centre to assess the situation in the country and take right steps.
-
Spotify to Lay Off 6 Percent of Workforce as Job Cuts in Technology Sector Continue
Spotify is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower costs. The music streaming giant has about 9,800 employees, according to its third-quarter earnings report.
-
Google Parent Alphabet Said to Cut 12,000 Jobs in Latest Jolt to Technology Sector
Alphabet, Google's parent firm, is set to cut 12,000 jobs at the US firm, according to a memo issued to staff. The company follows rival Microsoft, which also announced that it would lay off 10,000 workers recently.
-
Man Fired After Working For Over 21 Years At Microsoft Shares Heartfelt Note On LinkedIn
Microsoft Corp said on Wednesday it would cut 10,000 jobs by the end of third quarter of fiscal 2023, the latest sign that layoffs were accelerating in the U.S. technology sector as companies brace for an economic downturn.
-
Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
