Showing results for "#Job cuts."
Porter lays off hundreds of employees amid restructuring exercise
The company did not share the exact number of employees affected, but according to reports, around 300 to 350 workers have been laid off.
US stocks open mixed following stronger-than-expected jobs report
2 Feb 2024 10:30 PM ISTThe economy added 353,000 jobs and the unemployment rate remained unchanged at 3.7 per cent last month. Wages also grew by 4.5 per cent year over...
IPO-bound Swiggy looks to cut 350-400 jobs
27 Jan 2024 3:30 AM ISTAs the company works to simplify structure and bring operational efficiencies, around 350 to 400 jobs are expected to be pruned, sources said.
'End of an era': Google employee who got laid off after 19 yrs of...
13 Jan 2024 9:37 PM ISTEarlier this week, the tech giant confirmed that it has cut several hundred jobs across hardware, core engineering and Google Assistant teams.
Chip giant Intel to lay off 235 employees in 5th job cut round this...
20 Dec 2023 10:30 AM ISTThe layoffs are scheduled to begin on December 31 and take place over two weeks.
Qualcomm stock slips amid likely job cuts in slowing smartphone market
3 Aug 2023 9:03 PM ISTSAN FRANCISCO: Chip major Qualcomm’s shares fell about 7 per cent after it provided a gloomy outlook for its fiscal Q4, warning of an ongoing slump in...
Job cuts drop 49% in US in June, lowest in 7 months
8 July 2023 11:41 AM ISTAccording to the report from career services firm Challenger, Gray & Christmas. US-based employers announced 40,709 cuts in June, down 49 per cent...
Data analytics platform Sumo Logic lays off 79 employees
19 Jun 2023 10:48 AM ISTThe layoffs at Sumo Logic occurred less than a month after the global investment firm Francisco Partners acquired the company for $1.7 billion.