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Tag: Layoffs

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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Finance/Business

Meta, Facebook’s parent company to layoff around 10,000 employees, slash 5,000 more vacant positions

March 15, 2023March 15, 2023 - by cmedia

IBNS: Facebook’s parent company Meta Platforms Inc. has planned to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts …

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Finance/Business / Technology

Facebook’s parent company Meta plans to layoff thousands of employees this week: Report

March 7, 2023March 7, 2023 - by cmedia

California/IBNS: Meta Platforms Inc., which is the owner of popular social media platforms Facebook and Instagram, is planning another round of layoffs and will slash thousands of employees in the …

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