Tech layoffs happening in US, not India, says Union Minister

Tech layoffs happening in US, not India, says Union Minister

Rajeev Chandrasekhar, Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship | Photo Credit: SUSHIL KUMAR VERMA Layoffs are happening in the tech majors in the US and not in India, said Rajeev Chandrasekhar Union Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship. Moreover, according to him, India has added […]

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Tech layoffs happening in US, not India, says Union Minister

Tech layoffs happening in US, not India, says Union Minister

Rajeev Chandrasekhar, Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship | Photo Credit: SUSHIL KUMAR VERMA Layoffs are happening in the tech majors in the US and not in India, said Rajeev Chandrasekhar Union Minister of State for Electronics, Information Technology, Skill Development and Entrepreneurship. Moreover, according to him, India has added […]

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Here’s how Meta plans to help employees after recent layoffs

Here’s how Meta plans to help employees after recent layoffs

Meta CEO Mark Zuckerberg announced that his company will be laying off more than 11,000 employees in the US.  Taking responsibility for the layoff, Mark Zuckerberg said in a blog post that he ‘is sorry for those impacted’ and that the company will compensate them and help them get another job. Meta has said those […]

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Meta to cut more than 11,000 jobs in one of biggest US layoffs this year

Meta to cut more than 11,000 jobs in one of biggest US layoffs this year

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The broad job cuts, the first in Meta’s 18-year history, follow thousands of layoffs […]

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Apple, Amazon, Intel and others: Tech giants undergoing layoffs and hiring freezes

Apple, Amazon, Intel and others: Tech giants undergoing layoffs and hiring freezes

Following Elon Musk’s acquisition, Twitter fired nearly half of its workforce as part of cost-cutting measures. Interestingly, the company later had to ask some of the fired employees to return after it realised that they were either fired in error or were too essential to certain operations. But the Twitter layoffs are part of a […]

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