PayPal Announces 9% Workforce Reduction With 2,500 Job Cuts
(CTN News) - PayPal plans to slash another 2,500 jobs, or 9% of its global staff, a year after making a similar move.
Source: chiangraitimes.com
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Swiggy to lay off around 400 employees
With millions of users, Swiggy is the culinary architect in India's internet world, and it's about to undergo a strategic makeover. There are a lot of speculations suggesting that the corporation may lay off 400 workers as a preventative measure before filing draft papers with the regulator.
Source: techstory.in
Salesforce may cut 700 jobs in its next round of layoff: Report
Salesforce is laying off about 700 employees, around 1% of its global workforce, according to The Wall Street Journal. The company has not made an off
Source: indiatimes.com
Flipkart to fire 1000 employees in annual restructuring exercise
In a major restructuring effort, Indian e-commerce giant Flipkart plans to lay off around 1000 employees, accounting for 5 per cent of its workforce. The company also confirmed a salary increment freeze and a hiring freeze for 2023.
Source: indiatoday.in
TikTok Announces Workforce Reduction Amidst Tech Industry Job Cuts
This workforce reduction aligns with a broader trend of job cuts in the tech industry this year, with notable instances at companies like Google, Amazon, Unity, and Discord.
Source: techtimes.com