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1 min read

Streaming company Roku to fire 200 US employees

According to the company, the cuts aim to reduce its "headcount expenses" by around 5 per cent b…

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1 min read

E-commerce, BFSI and hospitality sectors driving Indian job market in 2024: Report

E-commerce, BFSI (banking, financial services, and insurance), and hospitality sectors witnessed an…

PTI   


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2 mins read

Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says

Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…

PTI   


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Flipkart may reduce workforce by up to 7%, affecting 1,500 employees

E-commerce major Flipkart is reportedly planning to reduce its workforce by 5-7 per cent in early 2…

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8 mins read

Elon Musk just set Wall Street up for one of his classic head fakes

Tesla is in trouble: sales are falling and competition from China is ramping up. It's clear Elon Mu…

Linette Lopez   


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GoDaddy CEO Aman Bhutani lays off 8% of workforce

Aman Bhutani, CEO of global web hosting platform GoDaddy, has announced to lay off 8 per cent of th…

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2 mins read

EPFO adds a net 15.62 lakh members in Dec; 8.41 lakh new subscribers join workforce

This surge in membership can be attributed to various factors, including increased employment…

PTI   


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2 mins read

Amid growing demand for AI, India's Data Centre boom to drive USD 5.7 billion investments by 2026: JLL

India's data centre industry to attract an investment of USD 5.7 billion by 2026 amid the growing d…

ANI   


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Amazon-backed Tonal fired 35% people off its workforce

Amazon-backed connected fitness equipment maker Tonal is reportedly cutting 35 per cent of its work…

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Healthcare startup Kenko Health lays off 20% of workforce across functions

Homegrown healthtech startup Kenko Health has laid off 20 per cent of its employees across function…

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Global smartwatch shipments up 9% in Q3, Fire-Boltt & Huawei hit new highs: Report

"Amid a global economic slowdown, most consumer device markets like smartphones are still expe…

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1 min read

Automotive digital marketplace TrueCar lays off 24% of workforce

US-based automotive digital marketplace TrueCar has announced the laying off of nearly 24 per cent …

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1 min read

Tencent fires 5.5K workers as sales down for 1st time since going public

Chinese conglomerate Tencent has fired 5,500 employees, after posting a revenue of $19.8 billion in…

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1 min read

Dunzo laying off 150-200 more employees amid fresh funding news: Reports

Homegrown quick-grocery delivery provider Dunzo, set to raise $35 million in funding from existing …

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1 min read

iRobot lays off 10% workforce amid $1.7 billion Amazon acquisition

Global consumer robot company iRobot, acquired by Amazon for $1.7 billion last week, has laid off 1…

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2 mins read

Severe air quality alarm in Delhi-NCR amid farm fires surge

Many parts of Delhi recorded their air quality in the 'severe' zone on Thursday, with a persistent …

PTI   


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Fired Twitter CEO Parag Agarwal takes home $38.7 million as payout

According to Insider, the former Indian-origin CEO is set to receive the largest payout of $38.7…

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Rocket startup Astra lays off 16% of its workforce

Astra, a rocket startup based in the US that went public last year, has fired 16 per cent of its st…

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1 min read

Micron falls as the chipmaker announces big workforce reduction and gives dismal outlook

The chipmaker plans to lay off 10% of its workforce and has slashed company bonuses amid a tough ec…

Jennifer Sor   


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3 mins read

India on track to become third-largest economy by 2030: Morgan Stanley

The four global trends -- demographics, digitalization, decarbonization and deglobalization are fav…

ANI