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Tech Layoffs News

12 Apr 2024

McKinsey & Co. Announces Layoffs; To Cut Around 360 Jobs

The reductions are part of McKinsey’s strategy to align the size of certain capabilities.

18 Jan 2024

YouTube Trims Workforce, Lets Go Of 100 Employees In Latest Layoff Season

The goal is to enhance scalability for international growth and address the platform's slowdown in ad revenue.

18 Jan 2024

'We Have To Make Tough Choices': Google CEO Sundar Pichai Hints More Layoffs

This time Google CEO Sundar Pichai warned employees in a recent memo that the company will continue cutting jobs this year to prioritize investments in artificial intelligence (AI).

14 Jan 2024

Apple's Siri Team Faces Changes, Sparks Job Concerns

As per the reports, the team, currently based in San Diego, is facing a relocation request to Austin, Texas. Apple wants the San Diego squad to merge with its Texas counterpart.

13 Jan 2024

Citigroup Announces Plan To Trim 20,000 Jobs Over Next Two Years

By 2026, Citigroup's employee count is expected to be around 180,000, down from 240,000 in 2022.

12 Jan 2024

11 Big Companies That Have Fired Employees In Latest Lay-Off Spree

11 Jan 2024

Meta Latest Company To Join Lays Off Spree; Cuts 60 Jobs

Insider sources reveal that Meta has let go of employees in TPM roles throughout the current week, prompting those affected to make crucial decisions.

11 Jan 2024

Amazon To Layoff Hundreds Of Employees In Prime Video, Studios Verticals

Amazon plans significant layoffs in Prime Video and MGM Studios in the U.S., aiming to refocus streaming investments.

IT Layoffs 2024

11 Jan 2024

Google Layoffs Spree Continues; Planning To Cut Hundreds Of Staff

The exact number of personnel that are being laid off is not disclosed yet. Google Assistant debuted in 2016 to compete with Amazon's Alexa and Apple's Siri.

Spotify Layoffs 2023

04 Dec 2023

Spotify To Layoff 1500 Employees, CEO Says 'Talented & Hard-Working People...'

Ek acknowledged the impact on individuals who have contributed significantly to the company, stating, "To be blunt, many smart, talented, and hard-working people will be departing us."

IT Layoffs 2023

27 Aug 2023

Online Math Learning Platform Cuemath Lays Off 100 More Staff: Report

In May, the company had laid off about 100 employees to improve efficiencies amid a worsening global landscape for K-12 edtech.

Tech Layoffs 2023

06 Jul 2023

Snap-Owned GIF Hub Gfycat To Shut On September 1

Users only have two months to save content before the company discontinues the service forever.

24 May 2023

Facebook Owner Meta Starts Final Round Of Layoffs

Meta in March became the first Big Tech company to announce a second round of mass layoffs, after showing more than 11,000 employees the door in the fall.

22 Feb 2023

After 18000 Layoffs, Amazon Employees to Face Salary Cut by 50%: Report

According to CEO Andy Jassy, the market is in a "funky situation," and Amazon has already made the difficult choice to fire 18,000 employees.

Rajeev Chandrasekhar

17 Feb 2023

'People Not Losing Jobs in India...': MoS Rajeev Chandrasekhar Amid IT Layoffs

Rajeev Chandrasekhar is the minister of state IT and Skill Development. Rajeev Chandrasekhar said the covid pandemic pushed up demand for digital services. 18 lakh jobs have been created in the IT sector in the last two years: State IT Minister

IT Layoffs 2023

12 Feb 2023

IT Layoffs 2023: Over 17,400 Tech Employees got Fired in Feb Globally to Date

More than 17,400 employees in the tech industry lost jobs in February. In 2023 so far, around 340 companies have laid off more than 1.10 lakh employees worldwide. More than 3,300 tech employees lost jobs daily on average.

10 Feb 2023

Yahoo Latest Firm to Join Sacking Spree, Company to Fire 20% of Employees

This year, companies including Amazon and Google, have let go of thousands of employees. Yahoo is the next in this long series. Yahoo to lay off more than 20 percent of the total workforce.

02 Feb 2023

Google Layoffs: Ali Neil was on Mental Health Leave, Gets Sacking Mail at 2 AM

12,000 workers were affected by Google's layoffs. Ali Neil came to know about the sacking at 2 AM. She was on mental health leave.

30 Jan 2023

IT Layoffs 2023: Philips Join Sacking Spree, Company to Fire 6000 Employees

Philips to cut 6000 jobs by around 2025. Philips is to cut 3000 jobs this year. In October, last year, the company announced to slash of 4,000 jobs.

28 Jan 2023

HR Fired From Google While Interviewing a New Candidate to Hire for Job Role

12,000 workers were affected by Google's layoffs. The company CEO Sundar Pichai took complete responsibility of the layoffs.

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