Citing the global macroeconomic conditions, Big Tech firms and startups across the spectrum have sacked employees, and layoffs continue to happen….reports Asian Lite News As generative AI threatens millions of…
Although the tech industry has seen a shocking number of job cuts last year, 2023 has been much worse….reports Asian Lite News Tech companies have laid off 226,000 employees so…
1,046 tech companies laid off more than 1.61 lakh employees in 2022…report Asian Lite News The year 2023 employees has become the worst year for tech as nearly 2 lakh…
IT giant will also reduce its real estate costs by “eliminating 80,000 seats and 11 million square feet in large cities in India”….reports Asian Lite News IT major Cognizant on…
The sector has announced 35 per cent of all job cuts in 2023….reports Asian Lite News Companies in the US cut 77,770 jobs in February, compared to 1,02,943 in January,…
More than 17,400 employees in the tech industry have lost jobs in the month of February globally to date…reports Asian Lite News In more bad news for global workers, tech…
Meta did not comment on the fresh layoffs….reports Asian Lite News After firing 11,000 employees in November last year, Meta (formerly Facebook) is reportedly planning to reduce headcount further in…
The industrial sources explain that the fresh talent fool is facing dearth of opportunities in the sector. The openings are few and college campus selections are put on hold… writes…
The layoffs, which were first announced in September last year, happened across the teams….reports Asian Lite News Ride-hailing major Ola has started to lay off 200 employees from its Ola…
By comparison, 965 tech companies have laid off more than 150,000 employees this year globally, surpassing the Great Recession levels of 2008-2009….reports Asian Lite News The massive layoffs by the…
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