Page 4 - It Layoffs News Today

Last week, SaaS platform for online stores Dukaan laid off nearly 30 percent of its workforce, or around 60 employees -- its second layoff in about six months.

With a slowing growth outlook, layoffs from global tech and weaker funding for Indian tech startups, we expect attrition to continue to fall providing tailwinds to margins for Indian IT companies, said Nomura India.

Best Media Info: As per the software services company, these layoffs are directly impacted by ‘currency headwinds’ and ‘wage inflation’ and that the 19,000 employees that are going to be impacted by the layoff| Marketing News

Accenture has announced 19,000 job cuts, joining the likes of Google, Amazon, Meta in IT layoffs this year. A total of 518 tech companies have laid off 1,71,858 employees between January 1 and March 23 this year. Watch this Business Today Visual Story to know about tech layoffs in 2023.

On Thursday, Accenture Plc also announced that it would cut about 19,000 jobs and lowered its annual revenue and profit projections. -- aaa

Delivering its quarterly results for the second quarter of fiscal 2023, the company also reduced its annual revenue growth and profit forecasts.

Alphabet, Googles parent company, recently laid off 12,000 workers and even 100 robots that cleaned the cafeterias at its headquarters.

Twitter Inc. laid off more workers late Saturday in a fresh wave of cuts meant to curb costs at the social networking company now owned by Elon Musk.

As per a recent survey by Linkedin, 88 per cent of young employees are planning to quit their current jobs. Lets find out why these young employees who are quitting are millennials and Gen Zs. 

According to CEO Andy Jassy, the market is in a