The company is also cutting production capacity by 20%.

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a t…

According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…

Amazon has announced to lay off "several hundred employees" from its Alexa division, including in I…

The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

The year 2023 has become the worst year for tech employees as nearly 2 lakh tech employees -- from …

The layoffs are part of cost-cutting measures to reduce expenses by up to $1.26 billion by 2026, th…

With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…

Data from layoff tracker Layoffs.fyi has revealed that 389 tech companies have laid off 1.09 lakh e…

Amazon has started notifying its employees affected by its new round of layoffs, as a part of its p…

India currently faces a shortage of 2.41 million skilled workers in the telecom sector in the 5G er…

Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in t…

Samsung Electronics is set to lay off over 200 employees in India, impacting various departments su…

As Amazon deepened the tech gloom with firing another 9,000 employees (it previously sacked 18,000)…