Page 3 - It Layoffs News Today

Employers now have the advantage of attracting high-quality candidates at a reduced cost due to a larger pool of applicants and increased options

The Indian Staffing Federation, a body of 120 recruitment agencies which provided about 60,000 outsourced workers, said nearly 6 per cent or about 3,600 of these workers lost jobs in the March quarter, reported Reuters.

A JP Morgan report warned that soaring inflation, supply chain issues and the economic fallouts from the Ukraine war will bring an end to the growth boom that India's IT services saw during the pandemic.

Layoffs: LinkedIn is set to cut 716 jobs and close down its China-focused job application. LinkedIn employs around 20,000 employees, which translates the fresh job cuts to around 3.5%. Watch this Visual Story to know all about Google, Microsoft layoffs.

According to Automotive News, the company has tied the employee reductions to its pursuit of executing a long-term, cost-cutting-focused business plan it shifted to last year.

Interestingly, these freshers have already completed a training while awaiting onboarding.

The management decided to apply last years pay policy for board members, effectively putting off its initial plan to raise the pay ceiling for board members by 17 percent.

Tech Layoffs: After Meta, Google, Amazon, Microsoft and other tech giants, iPhone-maker may start laying off employees now. Apple employees have been reportedly asked to reapply for their jobs or else they will be fired. A total of 553 tech companies have laid off 1,66,004 employees employees so far this year. Watch this Business Today Visual Story to know about tech layoffs in 2023.

The company will scale up its offices in Romania to create more job opportunities for local talent to pursue careers in technology

The Facebook founder shared a picture of him with the newborn in an Instagram post and wrote, "Welcome to the world, Aurelia Chan Zuckerberg! You're such a little blessing.”