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Microsoft just laid of 3% of it's workforce i.e. 7000 employees.

Cash-strapped Dunzo cuts workforce to 50 as it searches frantically for capital . . . BENGALURU :Reliance Retail-backed Dunzo has laid off 150 employees in a fresh round of layoffs, leaving the e-commerce delivery firm with just 50 employees in its c

Amazon's "Pay to Quit" Program!! The Problem: Amazon wanted to ensure its workforce was composed of dedicated and motivated employees, particularly in its fulfillment centers, where job satisfaction can directly impact productivity and morale. The

Tax filing platform Clear, formerly known as ClearTax, said it has laid off about 16% of its workforce amid a “broader strategic organisational restructuring”. 👇 The Peak XV Partners-backed startup didn’t disclose the exact numbers of employees imp

Klarna Stopped Hiring Humans A Year Ago Because Of AI By Applyly December 16, 2024 Klarna, a Swedish fintech giant, has reshaped its workforce strategy, leveraging artificial intelligence (AI) to replace traditional roles. Over the past year, Klarna’

Ola Announces Major Layoffs, Impacting Around 1,000 Employees Across Multiple Departments Indian ride-hailing giant Ola has reportedly laid off approximately 1,000 employees as part of a broader restructuring effort. The job cuts primarily affect

JioHotstar to Lay Off 1100+ Employees? In a significant development following the merger of Reliance Jio and Disney, JioHotstar has reportedly laid off 1,100 employees. This decision comes despite the platform achieving a record-breaking 669 million

In 2018, he threw a $2 million party to show off his startup’s success. Private jets. Celebrities. Live music. But just a year later, his over-the-top lifestyle cost his company $47 billion. Here’s how one CEO’s bad decisions destroyed a billion-d

Top News of the Week: 1. Funding: - On a weekly basis, startup funding declined 28% to $222.7 million as compared to around $310 million raised during the previous week. - During the week, as many as 27 Indian startups raised nearly $222.7 millio

Microsoft is letting go of about 9,000 employees—its third wave of layoffs in just a few months. While this only makes up less than 4% of its entire workforce, it's still the company's biggest round of cuts since it laid off 10,000 workers in 2023. T