Company with 300000 crore dollar market cap fires 1900 employees, affected teams include Xbox...
The job cuts will affect around 8 per cent of the overall Microsoft gaming division that has some 22,000 employees.
Source: dnaindia.com
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Zoom lays off 1,300 employees
Zoom lays off 1,300 employees: This will account for 15% of the global staff that the popular video conferencing app currently has under its wing.
Source: thedailystar.net
Zomato announces 800 job openings amid mass layoffs; all you need to know
This comes months after Zomato laid off nearly 3% of its staff after a "regular performance-based churn"
Source: ibtimes.co.in
Tech layoffs surpass Great Recession levels, set to get worse in early 2023
In 2008, tech companies laid off about 65,000 employees, and a similar number of workers lost their livelihoods in 2009, according to data by global outplacement and career transitioning firm global outplacement & career transitioning firm Challenger, Gray & Christmas.
Source: india.com