India Layoff News Today

Edtech startups in India have laid off thousands of employees in the past year and have been unable to raise funding as a slowdown gripped the market.

On Grapevine, a community app for Indian professionals, an Amazon India employee posted sad scenes at offices, including people crying after the announcement of layoffs.

HP Inc. will eliminate as many as 6,000 jobs amid declining demand for personal computers that has cut into profits.

In contrast to the customary 2%, Google managers have been instructed to identify 6% of staff, or 10,000 people.