Advertisements Edtech company PhysicsWallah has laid off 120-150 employees, according to media reports. PhysicsWallah, founded in 2016 by Alakh Pandey and later joined by Prateek Maheshwari, offers online and offline courses, as well as study materials for various competitive exams… Read More ›
Advertisements Cloud virtualisation provider Nutanix hasannounced to lay off 270 employees, whichrepresents 4 per cent of its global workforce.The company said the decision has been takenfollowing a review of its business structure and after taking other cost-cutting measures to reduceexpenses…. Read More ›
Advertisements Global consumer robot company iRobot, acquired by Amazon for $1.7 billion last week, has laid off 10 per cent of its workforce — nearly 140 workers. The company said that to better align its cost structure with near-term revenue,… Read More ›
Advertisements Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday. According to South China Morning Post, more than… Read More ›
Advertisements Layoffs at edtech platforms continue in India and now, one of the industry leaders Vedantu has asked 100 more employees to go and LEAD (formerly LEAD School) has also laid off a similar number of staff in the ongoing… Read More ›
Advertisements Silicon Valley-based online trading app Robinhood has sacked 23 per cent of its workforce, just three months after the fintech platform reduced its headcount by 9 per cent amid the global economic turmoil. A 23 per cent reduction would… Read More ›
Advertisements Retail giant Walmart has laid off at least 200 corporate employees as the economic downturn takes its toll on companies worldwide. Walmart described the layoffs as a way to “better position the company for a strong future,” reports The… Read More ›
Advertisements Oracle Corp has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge of the matter. The publication in July reported that Oracle was considering cutting thousands of jobs… Read More ›
Advertisements The economic meltdown has reached Big Tech and Satya Nadella-run Microsoft has become the first tech giant to lay off employees as part of a ‘realignment’. The layoffs at Microsoft reportedly affect nearly 1 per cent of its 1,80,000-strong… Read More ›
Advertisements Elon Musk-run Tesla has laid off 229 annotation employees from its Autopilotteam and closed one of its offices in the US. According to a regulatory filing in California state in the US and seen by TechCrunch, Tesla had laid… Read More ›
