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You Searched For "layoffs 2023" and got 20 results


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Apple layoffs are a sign Tim Cook is getting a little more serious

The iPhone maker has laid off some 600 employees in California working on expensive R&D projects at…

Hasan Chowdhury   


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2 mins read

2 lakh techies lost jobs in 2023, more to come

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

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3 mins read

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees

When contacted, a SpiceJet spokesperson said the airline has initiated several measures, includ…

PTI   


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1 min read

Autonomous delivery startup Nuro to cut staff by 30%

US-based autonomous delivery robot startup Nuro has announced that it will be laying off 30 per cen…

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5 mins read

As layoffs mount, working from home is getting riskier than ever

Employers are clawing back power, and some companies are using that power to compel workers back to…

Emily Stewart   


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1 min read

16 startups have laid off 100 percent employees in 2023 so far – 3 of them in India

Amid a liquidity crunch, sixteen startups laid off 100 percent of their employees in 2023 so far. T…

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4 mins read

Tech workers reported feeling increasingly dissatisfied with their salaries. Layoffs may be fueling the frustration.

Companies are "right-sizing staff and their salaries" and limiting larger pay increases, Dice's CEO…

Aaron Mok   


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First 82 days of 2023 see more layoffs than the entire 2022

Nearly 1.72 lakh people have been laid off in the first 82 days of 2023 – this is more than the lay…

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1 min read

Shopify lays off 20% of its workforce, sells logistics biz

E-commerce platform Shopify has announced to lay off 20 per cent of its workforce which will impact…

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1 min read

Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says

Headline job growth has been strong recently, but commentators have pointed to mixed signals in the…

Jennifer Sor   


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1 min read

Over 2,093 tech employees given pink slips every day in 2023 so far

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

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3 mins read

Read the memo Okta's CEO just sent employees announcing layoffs

Okta CEO Todd McKinnon told employees in a memo sent at 5:30 a.m. PT that the company is reducing i…

Jyoti Mann,Sarah Jackson   


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1 min read

​Meta, Alphabet, Amazon among companies that laid off most employees in 2023​

​Meta, Alphabet, Amazon among companies that laid off most employees in 2023

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2 mins read

Big names are leaving Tesla. An analyst says Elon Musk has to quickly lay out what the layoffs mean.

High-level Tesla executives have said they're leaving after Elon Musk announced layoffs.

Jyoti Mann   


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Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’

In spite of the many startups laying off employees since last year, the Indian IT sector has so far…

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1 min read

Bengaluru accounts for four out of five layoffs by Indian companies in 2023

Bengaluru, India’s Silicon Valley, accounts for four of five layoffs by Indian companies in 2023 so…

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3 mins read

Layoffs could be coming as debt-laden firms navigate the pain of higher rates, economists say

Unemployment could rise to around 5% by the end of 2024, economist David Rosenberg said. "The unemp…

Jennifer Sor   


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Citigroup to cut 20,000 jobs in big corporate overhaul

Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…

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3 mins read

AI isn't driving tech layoffs but it does make a good scapegoat

Despite early bluster about replacing workers with robots, there's been little clear evidence this …

Beatrice Nolan   


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2 mins read

Xbox chief announces mysterious event after weeks of leaks, layoffs, and drama

Rumors have emerged that Xbox may port over exclusive marquee games to its rival PlayStation.

Camilo Fonseca