Cisco to lay off 5 percent of its global workforce
#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 …
Read MoreTag: Layoffs
Tech industries have cut 32000 jobs since Jan 2024
#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 …
Read More
American department store chain Macy’s to slash 2,350 jobs
#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 …
Read More
Twenty of the world’s largest banks laid off more than 60, 000 employees in 2023
#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, …
Read More
Microsoft-owned GitHub fires over 140 Indian staff: Reports
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 …
Read More
Meta, Facebook’s parent company to layoff around 10,000 employees, slash 5,000 more vacant positions
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 …
Read More
Facebook’s parent company Meta plans to layoff thousands of employees this week: Report
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 …
Read More