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Electric vehicle startup to lay off hundreds of employees at every level of company - Vimarsana News

Electric vehicle startup to lay off hundreds of employees at every level of company

Lucid CEO Peter Rawlinson told employees the company will cut hundreds of workers.

Amid layoffs, former Meta employee reveals receiving Rs 1.5 crore for doing 'nothing' - Vimarsana News

Amid layoffs, former Meta employee reveals receiving Rs 1.5 crore for doing 'nothing'

For the first six months and even the first year, the firm wasn't planning to hire anyone, according to ex Meta employee.

Mark Zuckerberg's Security Allowance Raised To $14 Million After Meta's Massive Layoffs - Vimarsana News

Mark Zuckerberg's Security Allowance Raised To $14 Million After Meta's Massive Layoffs

Meta Platforms Inc said on Wednesday it had increased the security allowance given to Chief Executive and co-founder Mark Zuckerberg and his family by $4 million to $14 million.

Source: ndtv.com
IBM to Cut 3,900 Jobs Amid Tech Layoff Trend - Vimarsana News

IBM to Cut 3,900 Jobs Amid Tech Layoff Trend

Technology firm IBM plans on reducing its headcount by 3,900 jobs, the company announced Wednesday while delivering better-than-expected Q4 revenue results and joining a host of big tech companies that are also laying off employees.

Layoffs: 4 in 5 Professionals in India Looking for New Jobs in 2023 Amid Global Uncertainty and Sackings - Vimarsana News

Layoffs: 4 in 5 Professionals in India Looking for New Jobs in 2023 Amid Global Uncertainty and Sackings

Amid the global uncertainty and massive layoffs, 4 in 5 professionals in India are looking for a new job in 2023, a report showed on Wednesday. 📲 Layoffs: 4 in 5 Professionals in India Looking for New Jobs in 2023 Amid Global Uncertainty and Sackings.