Accenture Announces Plans to Cut 19,000 Jobs: Here’s Why
Accenture on Thursday lowered its annual revenue and profit forecasts and said it would cut about 2.5 percent of workforce, or 19,000 jobs, the latest sign that the worsening global…
Job Search Portal Indeed Cuts 2,200 Jobs, Says Company Is ‘Too Large’
US-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15 percent of its workforce, joining a host of companies rationalizing their labour force following…
2023 Layoffs: These Jobs Are Next On The Line
Meta Inc will laying off thousands more workers this year. (Representational)Another week, another round of job cuts– this time Meta Platforms Inc. is adding to the 11,000 people it fired…
Airbnb Lays Off 30% Recruiting Staff: Report
Airbnb added that it is not an indication of more widespread layoffs.Home rental firm Airbnb has laid off 30 per cent of its recruiting staff this week, according to a…
Layoffs At IT Services Firm TCS? What Top Official Said
The company is also open to hiring people of Indian diaspora in the US, said TCSMumbai: Tata Consultancy Services (TCS) is not considering any layoffs as it believes in grooming…
Tech CEOs Will Pay a Harsh Price for These Job Cuts
It’s hard to feel sorry for Silicon Valley tech workers. From high salaries and generous stock options to nap pods and unlimited time off, they’re among the most privileged class…
Meta Asks Many Managers To Become “Individual Contributors” Or Leave
The current round of job cuts will be more gradual, enacted on an individual basis, the people said.Meta Platforms Inc. is asking many of its managers and directors to transition…
Google, Apple Disappoint As Tech Earnings Hit, Amazon Beats Expectations
Google parent Alphabet’s share prices fell more than 3 percent in after-market trade (Representational)San Francisco: Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as…
US Layoffs At Over 2-Year High After Massive Job Cuts In Tech: Report
The push to correct pandemic excesses has been most evident in the tech sector. (Representational)Layoffs in the United States hit a more than two-year high in January as technology firms…
Big Tech Treating Employees Shabbily Not Agreeable: Junior IT Minister
Rajeev Chandrasekhar said India’s digital economy was “the fastest growing digital economy”.New Delhi: The trend of multi-billion-dollar tech companies announcing mass layoffs earned the disapproval of junior IT minister Rajeev…