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Reliance JioMart reportedly cuts 1,000 jobs; plans to eliminate thousands more
JioMart is looking to downsize by a further 9,000 employees.
JioMart, an online shopping platform owned by Indian multinational conglomerate Reliance, has reportedly given pink...
Lyft to lay off over 1000 people amid cost cutting measures
This announcement follows a previous reduction in headcount in November last year when Lyft cut 700 jobs or about 13 per cent of its workforce at the time.
Indian IT industry to see a major drop in hiring: report
India will see a drop in the hiring of engineers in the coming days. IT industry is expected to reduce the employment of engineers...
Accenture to lay off 19,000 people
Accenture, a major player in the Indian IT services market, on Thursday revealed that it will be cutting close to 19,000 or 2.5% of...
The collapse of Silicon Valley Bank
Globally, Silicon Valley Bank is touted as start-up friendly. It has been the banker of choice for venture capitalists and start-ups, including the Indian start-up ecosystem.
Twitter sacks more than 50 employees including product manager Esther Crawford
In another round of fresh layoffs, Twitter sacked over 50 employees including Esther Crawford, the company's product manager who led several projects, including the...
Ad spending on Twitter drops over 70 %
In November, ad spending on Twitter fell 55 per cent despite the holiday season.
Zomato chief announces 800 vacancies across five major roles
The move of bulk job vacancies at Zomato is contrary to the massive layoffs across several companies globally.
Zomato's chief executive officer Deepinder Goyal took...
Google and Twitter backed ShareChat lays off over 500 employees
ShareChat shut down its fantasy sports gaming platform, Jeet11, and laid off close to 100 employees in December.
Amazon plans an even bigger job cut; to let go of over 18,000 employees
Amazon’s Jassy said that the company would pay severance and other benefits to the affected workforce.
E-commerce giant Amazon.com Inc. will let go of more...
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