Latest Articles in layoff
Edtech Unacademy's Relevel Lays Off 40 Employees
Almost 80 per cent of Relevel’s remaining team will be absorbed by other Businesses of Unacademy Group and we will have to let go of around 20 per cent (around 40 people) of the team because of lack of availability of roles for them
Read MoreSaaS Giant Freshworks Lays Off Employees
The Saas-based company, is the latest to let go of employees as global factors, including high inflation and interest rate hikes
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SalesForce Plans To LayOff 2,500 Employees
Salesforce a technology enterprise plans to lay off 2,500 employees. It had earlier laid off 90 contract workers in January 2023
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Social Commerce Startup CityMall Fires Over 15% Of Its Workforce
According to sources, CityMall has 1,100-1,200 employees including off-role staff whereas its LinkedIn page shows that it has a total headcount of over 800
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Zomato Starts ‘Talent Directory’, Founder Deepinder Goyal Requests Employers to Hire Company’s Laid-Off Staff
Foodtech unicorn, Zomato, which laid off around 13% of its workforce is providing its affected employees an outplacement team and has developed a database called ‘Zomato Talent Directory’ for absorption by other employers after its huge curtailment in the wake of the coronavirus pandemic.
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SoftBank To Layoff 10% Of Its Workforce After Massive Losses
The job cuts will reportedly occur across various levels of staff in its offices across London, California and Tokyo.
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Livspace Lays Off 15% Of Its Workforce To Conserve Capital
The affected employees will receive a month’s salary along with extra pay of one to four weeks.
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