Startup Layoff
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Indian IT Startup Shuts Down Overnight, 19 Employees Laid Off On Video Call
A Reddit post about a layoff at an Indian IT startup has gone viral, sparking outrage online.
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Startup CEO Abruptly Lays Off 19 Employees Over Video Call: "We've Run Out Of Money"
The startup employee shared that their day began like any other, but the CEO called an urgent all-hands meeting, revealing that the company had run out of money and was shutting down.
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Who Is Soham Parekh? The Indian Engineer Accused Of Duping Multiple US Startups
The news has sent shockwaves through Silicon Valley with founders, investors, and engineers reacting strongly to what many are labelling as one of the most brazen employment scams in recent memory.
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"Tough Period But...": Indian Techie After Being Laid Off During "Out Of The Blue" Town Hall
An Indian techie recently took to Reddit to share their story of being laid off during a startup town hall meeting.
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Employees Fired Due To Work Stress? Noida Startup YesMadam Clarifies
"Were YesMadam employees really fired for being stressed? Absolutely not," clarifies the start-up after sparking controversy online.
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TikTok Cuts Hundreds Of Jobs In Shift Towards AI Content Moderation
TikTok confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
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Dell To Layoff Workers In Sales Team Reorganization With New AI-Focused Unit
Dell previously announced a major workforce reduction in early 2023, shedding 13,000 jobs in that fiscal year.
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Video: Unacademy CEO Announces No Appraisals While Wearing $400 Burberry T-Shirt, Internet Reacts
Weeks after firing around 250 employees, Gaurav Munjal, the CEO of ed-tech startup Unacademy, announced that employees will not receive appraisals this year.
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"Hits The Right Chords": Unacademy CEO's Reply On Startup Failure Before Mass Layoffs
The company fired roughly 150 employees in sales and 100 employees in marketing, business, and product.
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Byju's Business Head, 2 Other Senior Executives Resign Amid Reorganisation
Byju's Chief Business Officer, Prathyusha Agarwal, and two other senior executives have resigned as the struggling Indian ed-tech startup restructures its business and operations, a company spokesperson said on Tuesday.
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Bengaluru Start-Up Lays Off 18 Employees, Co-Founders Offer To Help Find New Jobs
Two Bengaluru-based startup founders announced a workforce reduction within their company. However, they offered assistance to the impacted employees in finding alternative employment opportunities.
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For Silicon Valley Startups, The Worst Is Yet To Come
The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
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7 People Fired By Google Come Together To Form New Company
Mr Kirk stated that he has given himself and his team six weeks to set up a design and development studio in New York and San Francisco.
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GoMechanic to Lay Off 70 Percent Employees After Co-Founder Admits to Financial Misreporting
GoMechanic, the automobile after-sales service startup that raised $42 million (roughly Rs. 340 crore) in funding, said that it was cutting 70 percent of its workforce as part of a business restructuring. The move came after co-founder Amit Bhasin admitted to misreporting financial reports. A forensic audit has been ordered to gauge the magnitude o...
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"DNA Of Startups": India's IT Minister Says Tech Layoffs Not Unusual, Pitches "Reskilling"
Minister Rajeev Chandrasekhar says tech companies told to make layoffs "soft landings", which means giving enough time for staff to find new jobs
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Indian IT Startup Shuts Down Overnight, 19 Employees Laid Off On Video Call
A Reddit post about a layoff at an Indian IT startup has gone viral, sparking outrage online.
-
Startup CEO Abruptly Lays Off 19 Employees Over Video Call: "We've Run Out Of Money"
The startup employee shared that their day began like any other, but the CEO called an urgent all-hands meeting, revealing that the company had run out of money and was shutting down.
-
Who Is Soham Parekh? The Indian Engineer Accused Of Duping Multiple US Startups
The news has sent shockwaves through Silicon Valley with founders, investors, and engineers reacting strongly to what many are labelling as one of the most brazen employment scams in recent memory.
-
"Tough Period But...": Indian Techie After Being Laid Off During "Out Of The Blue" Town Hall
An Indian techie recently took to Reddit to share their story of being laid off during a startup town hall meeting.
-
Employees Fired Due To Work Stress? Noida Startup YesMadam Clarifies
"Were YesMadam employees really fired for being stressed? Absolutely not," clarifies the start-up after sparking controversy online.
-
TikTok Cuts Hundreds Of Jobs In Shift Towards AI Content Moderation
TikTok confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.
-
Dell To Layoff Workers In Sales Team Reorganization With New AI-Focused Unit
Dell previously announced a major workforce reduction in early 2023, shedding 13,000 jobs in that fiscal year.
-
Video: Unacademy CEO Announces No Appraisals While Wearing $400 Burberry T-Shirt, Internet Reacts
Weeks after firing around 250 employees, Gaurav Munjal, the CEO of ed-tech startup Unacademy, announced that employees will not receive appraisals this year.
-
"Hits The Right Chords": Unacademy CEO's Reply On Startup Failure Before Mass Layoffs
The company fired roughly 150 employees in sales and 100 employees in marketing, business, and product.
-
Byju's Business Head, 2 Other Senior Executives Resign Amid Reorganisation
Byju's Chief Business Officer, Prathyusha Agarwal, and two other senior executives have resigned as the struggling Indian ed-tech startup restructures its business and operations, a company spokesperson said on Tuesday.
-
Bengaluru Start-Up Lays Off 18 Employees, Co-Founders Offer To Help Find New Jobs
Two Bengaluru-based startup founders announced a workforce reduction within their company. However, they offered assistance to the impacted employees in finding alternative employment opportunities.
-
For Silicon Valley Startups, The Worst Is Yet To Come
The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
-
7 People Fired By Google Come Together To Form New Company
Mr Kirk stated that he has given himself and his team six weeks to set up a design and development studio in New York and San Francisco.
-
GoMechanic to Lay Off 70 Percent Employees After Co-Founder Admits to Financial Misreporting
GoMechanic, the automobile after-sales service startup that raised $42 million (roughly Rs. 340 crore) in funding, said that it was cutting 70 percent of its workforce as part of a business restructuring. The move came after co-founder Amit Bhasin admitted to misreporting financial reports. A forensic audit has been ordered to gauge the magnitude o...
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"DNA Of Startups": India's IT Minister Says Tech Layoffs Not Unusual, Pitches "Reskilling"
Minister Rajeev Chandrasekhar says tech companies told to make layoffs "soft landings", which means giving enough time for staff to find new jobs
