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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
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A company spokesperson told Deadline that DreamWorks Animation has reduced its workforce by approximately 70 positions
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Google, however, declined to reveal the exact number of people being asked to go from its recruiting workforce, reports Semafor.
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The Bengaluru-based startup 'MPL' initially announced its plans to cut jobs to employees last week amid 28% GST regime
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The new round of job cuts came just two weeks after Dell Co-COO Chuck Whitten resigned abruptly, according to the report.
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Microsoft has reportedly reduced its workforce further by 1,000 over the past week, mostly in sales and customer services teams.
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We expect the personnel-related actions of this programme to impact approximately 1 per cent of our workforce, Cognizant said.
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According to Command Line, a weekly newsletter by The Verge, Meta leadership "has been coy both internally and externally about what is coming".
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The layoffs at Google India were part of the larger job cuts that impacted 12,000 workers globally at the company.
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The New York Post reported, citing people with direct knowledge, that the iPhone maker has started to cut ties with hundreds of contractors quietly.
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In an email to employees, Bhutani said that most impacted roles are in the US, affecting multiple levels in the company and every division.
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In an interaction with Axios, Yahoo CEO Jim Lanzone said that these changes will be "tremendously beneficial for the profitability of Yahoo overall".
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"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.
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"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.
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The company has issued termination letters to all the affected employees and stated that despite adequate training, they have failed to perform.
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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".
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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.
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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.
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Amazon plans to lay off approximately 10,000 people in “corporate and technology jobs starting as soon as this week.”
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New York: E-commerce company Wayfair CEO Niraj Shah has fired 870 people, or 5 per cent of the company’s global workforce, as the growth he anticipated has not materialised this year. In a memo, Shah said that the US-based company was “seeing the tailwinds of the pandemic accelerate the adoption of ecommerce shopping, and I personally […]