Job Cuts Surge Amid Holiday Season December 28, 2023 BUSINESS·Economy·Tech Lite Citing the global macroeconomic conditions, Big Tech firms and startups across the spectrum have sacked employees, and layoffs continue to happen….reports Asian Read More
UK Banking Giant Barclays to Lay Off 400 Employees September 11, 2023 BUSINESS·UK News Earlier, top global brokerage firm Morgan Stanley laid off nearly 3,000 jobs in its second round of job cuts this year amid Read More
Tech Firms Cut 226K Jobs, 40% Exceeding 2022 August 16, 2023 BUSINESS·India News·TECHNOLOGY Although the tech industry has seen a shocking number of job cuts last year, 2023 has been much worse….reports Asian Lite News Read More
Meta to lay off almost 20% of Irish workforce May 25, 2023 -Top News·Social Media·USA Meta Founder and CEO Mark Zuckerberg said in March that the company will cut 10,000 jobs across two rounds of layoffs in Read More
2023 worst for tech employees May 23, 2023 BUSINESS·Tech Lite·TECHNOLOGY 1,046 tech companies laid off more than 1.61 lakh employees in 2022…report Asian Lite News The year 2023 employees has become the Read More
Cognizant braces for massive layoffs May 5, 2023 BUSINESS·India News·Tech Lite IT giant will also reduce its real estate costs by “eliminating 80,000 seats and 11 million square feet in large cities in Read More
Lenovo begins laying off employees as PC biz takes a beating April 22, 2023 BUSINESS Lenovo led the global PC market with 22.4 per cent market share, followed by HP Inc at 21.1 per cent and Dell Read More
Fresh layoffs begin at Meta globally April 20, 2023 Social Media In March, Meta CEO Mark Zuckerberg announced the company would cut 10,000 jobs in the coming months…reports Asian Lite News Meta (formerly Read More
Layoffs continue to deepen amid recession March 26, 2023 BUSINESS·India News Social media company ShareChat (Mohalla Tech Pvt Ltd) laid off 20 per cent of its workforce due to uncertain market conditions…reports Asian Read More
US firms slash over 21K tech jobs in February March 14, 2023 BUSINESS·USA The sector has announced 35 per cent of all job cuts in 2023….reports Asian Lite News Companies in the US cut 77,770 Read More