McKinsey & Co. Announces Layoffs; To Cut Around 360 Jobs
[ad_1] The reductions are part of McKinsey’s strategy to align the size of certain capabilities. [ad_2] Source link
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Tech Layoffs Continue: PayPal Fires 2,500 Employees To ‘Right Size’ The Company – News18
[ad_1] PayPal is the latest tech giant to let go of employees in 2024. After Google, Microsoft, and others, PayPal has become the latest entrant in the tech layoffs scene of 2024, announcing the layoff of 2,500 employees globally As January comes to a close, we’ve witnessed a series of layoffs impacting various tech companies,…
Tech Layoffs 2024: eBay To Cut 1,000 Jobs; Says There’s A ‘Need For Change’ – News18
[ad_1] eBay joins the likes of Google, Amazon in cutting jobs across teams. eBay, the popular e-commerce platform, has announced its decision to lay off approximately 1,000 employees, representing 9% of its total full-time workforce. The start of 2024 has heralded a series of big workforce reductions across the technology industry, impacting notable organisations such…
YouTube Trims Workforce, Lets Go Of 100 Employees In Latest Layoff Season
[ad_1] New Delhi: In the latest wave of layoffs hitting the tech industry, YouTube, a part of the Alphabet family, has reportedly let go of around 100 employees. This move comes as part of a broader restructuring effort focusing on Creator management and operations. The restructuring aims to create more localized Creator management teams, centralize other…
We Have To Make Tough Choices: Google CEO Sundar Pichai Hints More Layoffs In Coming Time
[ad_1] New Delhi: As the clock ticks into 2024, the ever-evolving landscape of employment is once again marked by the poignant narrative of layoffs. A script that has, unfortunately, become an unwelcome recurring theme in the job market. The year unfolds with the echoes of corporate strategies, economic shifts, and technological advancements casting their shadows on…
Apples Siri Team Faces Changes, Sparks Job Concerns
[ad_1] New Delhi: After Google, Meta, Amazon, Citigroup decision to sack their employees, Apple is making changes to its Siri team, and it might not be good news for some employees. Reports from Bloomberg reveal that a 121-person team dedicated to enhancing Siri’s capabilities is at the center of this shake-up. As per the reports,…
Spotify To Layoff 1500 Employees, CEO Says Talented And Hard-Working People…
[ad_1] 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.” [ad_2] Source link
Online Math Learning Platform Cuemath Lays Off 100 More Staff: Report
[ad_1] New Delhi: Online math learning platform Cuemath has laid off 100 more employees amid a challenging macroeconomic environment for edtech companies, the media reported on Saturday. Peak XV Partners (formerly Sequoia Capital India) backs the startup. “Unfortunately, our revenue and cost trajectories are still divergent from expectations, and our problems are compounded by the…
Snap-Owned GIF Hub Gfycat To Shut On September 1
[ad_1] New Delhi: Gfycat, the Snap-owned GIF-hosting platform, has announced that it will be shutting down the service on September 1. “The Gfycat service is being discontinued. Please save or delete your Gfycat content by visiting https://www.gfycat.com and logging in to your account. After September 1, 2023, all Gfycat content and data will be deleted from…
Facebook Owner Meta Starts Final Round Of Layoffs
[ad_1] New Delhi: Meta Platforms Inc started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles. Meta in March became the first Big Tech company to announce a second round of mass layoffs,…
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