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Tech companies cut 226K jobs till date
It is more than 40% layoffs done in 2022, according to data by AltIndex.com
Disney to lay off 2,500 employees
The new round of job cuts comes as media companies struggle to deal with the effects of the ongoing writers’ strike
Meta to cut 6k jobs in latest round of layoffs
The ongoing layoffs at Meta are part of Zuckerberg’s plans for a ‘year of efficiency’ in 2023
Layoffs also harm shareholder returns in the long term: Report
Layoffs can inadvertently reduce shareholder returns when taking actions to protect them, as companies tend to underestimate the organisational drag...
Similarweb cuts another 6% of staff
Digital intelligence company Similarweb has laid off around 6 per cent of its workforce, or over 60 employees, in another round of job cuts. According...
Meesho lays off 251 employees
Homegrown social commerce platform Meesho on Friday said it has laid off 251 employees, constituting 15 per cent of the workforce, in order to...
Shopify reduces staff, sells Deliverr
Shopify despite being viewed as a growing competitor to Amazon, is selling two major parts of its fulfillment network.
Vroom lays off 11% of workforce
US-based online used-vehicle retailer Vroom has laid off 11 per cent of its workforce, or around 120 employees, across different departments and...
