Showing results for "#Layoff"
Tesla layoffs include 14% of Buffalo workers
Opens new tab was issued under the Worker Adjustment and Retraining Notification (WARN) Act which requires employers to provide a 60-day notice before...
Cyber security firm SecureWorks to lay off 15% of its workforce
The company last disclosed its workforce in a regulatory filing in March 2022 to 2,351 employees.
George Soros’ foundation lays off 40% of workforce
The job cuts were announced in a statement signed by Alexander Soros and the foundation’s president, Mark Malloch-Brown
Disney+ loses 4 mn subscribers as fresh layoff round approaches
The drop in the Indian subscribers is mainly because the platform did not retain streaming rights for the Indian Premier Cricket (IPL) League.
IT major Cognizant to lay off 3,500 employees, reduce office spaces
"Our drive for simplification will include operating with fewer layers in an effort to enhance agility and enable faster decision-making. ", said...
Employers can layoff, retrench workers during natural calamity
As per the provisions of the Industrial Disputes Act, 1947, it will be lawful for the employer to retrench workers or employees at any time after the...
Oyo to lay off over 1,000 people in India
Hospitality firm Oyo is planning to let go over 1,000 people in India as part of its restructuring and reorganisation of teams across businesses and...
Star unicorn Oyo shuts door on employees in India, China
According to Oyo, it is laying off poor performers and has set up a "meritocracy-based" performance evaluation programme.