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Tag: Layoffs

Finance/Business

Amazon To Slash 14,000 corporate jobs this year

March 19, 2025March 19, 2025 - by cmedia

Amazon# Amazon JobCut# Layoffs# Amazon Layoffs# Amazon Managerial Positions# JobCut#Morgan Stanley IBNS-CMEDIA: E-commerce giant Amazon is planning to slash 14,000 managerial positions by early 2025 as part of its attempt to cut …

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Finance/Business / Technology

Singapore’s largest bank DBS to layoff 4,000 amid AI boom

February 26, 2025February 26, 2025 - by cmedia

#ArtificialIntelligence#DBS#Layoff#Jobcuts IBNS-cmedia: DBS, Singapore’s biggest bank, is expected to reduce about 4,000 roles in the next three years. The move is driven by the increasing adaptation of Artificial Intelligence technologies in multiple …

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Finance/Business

‘Ensures high quality talent…’: Infosys retorts to ‘mass layoffs’ report

February 7, 2025February 7, 2025 - by cmedia

#Infosys#Layoffs#IT#JobLoss#Unemployment#Mysore Bengaluru/IBNS-CMEDIA: Infosys has laid off around 350 employees who were onboarded in October, following a prolonged wait of over two-and-a-half years after receiving their offer letters, according to sources …

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Gadgets / Technology

Microsoft layoffs employees across verticals in fresh job cuts for ‘future growth’

July 5, 2024July 5, 2024 - by cmedia

#Microsoft, #Layoffs, #MicrosoftLayoffs, #JobCuts Washington/IBNS-CMEDIA: American tech company Microsoft said that it held another round of layoffs this week as part of its ongoing effort to streamline its workforce after reports claimed that the new …

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Gadgets / Technology

Google, Tech major lays off staff from Flutter, Dart and Python teams

April 30, 2024April 30, 2024 - by cmedia

#Layoffs, #Google, #GoogleLayoffs, #Flutter, # Dart, #Python IBNS-CMEDIA: IT giant Google has laid off employees across several segments including teams from Flutter, Dart, Python and others, media reports said. Google confirmed the layoffs to TechCrunch, …

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Finance/Business

Cisco to lay off 5 percent of its global workforce

February 15, 2024February 15, 2024 - by cmedia

#CISCO, #Layoffs IBNS-CMEDIA: IT major Cisco on Wednesday announced its plan to lay off 5 percent of its global workforce. The company reportedly took the move as a part of widespread …

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Finance/Business

Tech industries have cut 32000 jobs since Jan 2024

February 6, 2024February 6, 2024 - by cmedia

#TechLayoffs, #Layoffs, #JobCut, #Snap IBNS-CMEDIA: Tech industries are witnessing another wave of layoffs in 2024 continuing the trend which was witnessed late last year. According to Layoffs.fyi, a start-up firm which tracks job …

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Finance/Business

American department store chain Macy’s to slash 2,350 jobs

January 19, 2024January 19, 2024 - by cmedia

#Macys, #America, #JobCut, #Layoffs IBNS-CMEDIA: US department store chain Macy’s is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores. The 3.5 percent is …

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Finance/Business

Twenty of the world’s largest banks laid off more than 60, 000 employees in 2023

December 26, 2023December 26, 2023 - by cmedia

#Banks, #BanksLayoffs, #Layoffs IBNS: Twenty of the world’s largest banks laid off more than 60,000 employees in 2023, marking one of the worst years for job cuts since the 2007-2008 financial crisis, …

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Finance/Business

Microsoft-owned GitHub fires over 140 Indian staff: Reports

March 29, 2023March 29, 2023 - by cmedia

Los Angeles/IBNS: Microsoft-owned  GitHub is the latest tech company that has fired more than 140-member strong entire engineering team in India. As per reports, over 140 employees were affected by …

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