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Ola’s financial performance for the July-September quarter (Q2 FY25) reveals a 43% increase in net losses

Ola Electric to lay off 500 employees amid financial struggles and ongoing controversies

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Ola Electric's layoffs will affect employees across multiple departments Ola Electric, the electric vehicle (EV) manufacturer led by Bhavish Aggarwal, is set to lay off...
The job cuts will impact workers at 16 facilities across San Diego

Chipmaker Qualcomm to lay off hundreds of employees in the US

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Qualcomm's layoffs are scheduled for November 12 Chip giant Qualcomm has announced plans to lay off at least 226 employees in the United States as part...
YouTube to bring content creator management teams together under dedicated central leadership

YouTube to lay off 100 employees from creator management teams

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Google layoffs expand to YouTube Google-owned YouTube is reportedly laying off at least 100 employees from its creator management and operations teams. YouTube’s music and...
The ongoing layoffs at Meta are part of Zuckerberg's plans for a

In its 3rd round of job cuts, Meta expected to lay off 6,000 more...

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Meta is not done with layoffs, likely to fire more employees next week Meta (formerly Facebook) is reportedly going to start laying off more employees...
Xiaomi had 35,314 employees as of September 30, with more than 32,000 in mainland China

Amid Covid havoc in China, Xiaomi may lay off 15% of its workforce

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Chinese smartphone company may sack 15% of its workforce from multiple departments Chinese smartphone maker Xiaomi may lay off workers from multiple departments, as it...
A new performance management system could help managers push out thousands of underperforming employees starting early next year

Google’s parent company Alphabet to lay off 10,000 employees through new ranking and performance...

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CEO Sundar Pichai aims to make Alphabet 20% more efficient, hinting at job cuts Alphabet, Google's parent company, is reportedly gearing up to lay off...
Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to lay off thousands of employees this week, Wall Street Journal reported

After Twitter now, Meta plans to lay off ‘thousands’ of employees this week: Report

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The large-scale job cuts, to begin from Wednesday, could affect thousands of workers After the micro-blogging giant Twitter did a mass layoff, the Mark Zuckerberg-led...
This is the latest slew of layoffs at Ford as the car manufacturer restructures its business to transition toward the manufacturing electric vehicles

Ford to lay off 3,000 employees in India, US and Canada to slash costs

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Layoffs in Ford are effective from Sept 1 The US-based car maker Ford Motor has reportedly confirmed that it is laying off roughly 3,000 employees...
Since Q1 2022, the macroeconomic environment has shifted dramatically, sparking a dramatic pullback in equity and crypto markets

BlockFi & Crypto.com lay off hundreds of employees as coins slump

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As global crypto market batter, BlockFi and Crypto.com lay off hundreds of employees After the global crypto market was battered owing to a "dramatic shift"...
AI over employees: Why Big Tech is shrinking its workforce

Mag-7 companies are making the highest revenue per employee – Then why the layoffs?

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The layoff paradox: Why high-revenue tech giants are cutting staff The Mag-7 companies (Meta, Apple, Amazon, Netflix, Google, Microsoft, and Nvidia) are performing well financially,...

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