"lay-off"

The company plans to let go of another 40-50 staff in the coming weeks as part of a cost-rationalisation exercise amid rising input costs and muted consumer demand, sources said

Online gaming platform Zupee is laying off 170 employees — 30% of its staff — after the government banned real-money online games in August. The company is offering financial and medical support to those impacted while adjusting to the new law

A company spokesperson told Deadline that DreamWorks Animation has reduced its workforce by approximately 70 positions

Google, however, declined to reveal the exact number of people being asked to go from its recruiting workforce, reports Semafor.

The Bengaluru-based startup 'MPL' initially announced its plans to cut jobs to employees last week amid 28% GST regime

The new round of job cuts came just two weeks after Dell Co-COO Chuck Whitten resigned abruptly, according to the report.

Microsoft has reportedly reduced its workforce further by 1,000 over the past week, mostly in sales and customer services teams.

We expect the personnel-related actions of this programme to impact approximately 1 per cent of our workforce, Cognizant said.

According to Command Line, a weekly newsletter by The Verge, Meta leadership "has been coy both internally and externally about what is coming".

The layoffs at Google India were part of the larger job cuts that impacted 12,000 workers globally at the company.

The New York Post reported, citing people with direct knowledge, that the iPhone maker has started to cut ties with hundreds of contractors quietly.

In an email to employees, Bhutani said that most impacted roles are in the US, affecting multiple levels in the company and every division.

In an interaction with Axios, Yahoo CEO Jim Lanzone said that these changes will be "tremendously beneficial for the profitability of Yahoo overall".

"I do not make this decision lightly. I have enormous respect and appreciation for the talent and dedication of our employees worldwide and I am mindful of the personal impact of these changes," said Iger.

"We have made the tough but necessary decision to reduce our team by approximately 15 per cent and say goodbye to around 1,300 hardworking, talented colleagues," Eric Yuan wrote.

The company has issued termination letters to all the affected employees and stated that despite adequate training, they have failed to perform.

Sky News reported that Satya Nadella-run company is "finalising plans to become the latest technology giant to reduce its workforce during a global economic slowdown".

The online food delivery platform said that however, no employee has been laid off as of now, and did not comment on the lay off figure.

In the earnings report for its fourth quarter of 2022, the company said it expects to reduce gross global headcount by approximately 4,000-6,000 employees, which is between 7-11 per cent of its workforce.

Amazon plans to lay off approximately 10,000 people in “corporate and technology jobs starting as soon as this week.”