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It Industry Layoffs

Microsoft confirms performance-based job cuts across key divisions

Microsoft's restructuring plans began in 2023 with 10,000 layoffs, followed by 1,900 more in its gaming unit after the $75.4 billion Activision Blizzard acquisition

Microsoft confirms performance-based job cuts across key divisions
Updated On : 09 Jan 2025 | 9:46 AM IST

Apple sacks Indian-origin staff over 'misuse' of charity donation programme

Apple has reportedly fired several Indian-origin employees in the US over alleged misuse of its charity matching grants programme, with FBI probing into possible fund misappropriation

Apple sacks Indian-origin staff over 'misuse' of charity donation programme
Updated On : 09 Jan 2025 | 9:12 AM IST

IT major HCLTech marginally hikes salaries of junior-level employees

HCLTech, which is also set to release its third-quarter earnings on January 13, is projected to lead growth among Tier-I IT firms

IT major HCLTech marginally hikes salaries of junior-level employees
Updated On : 07 Jan 2025 | 4:57 PM IST

Tech layoffs fall in October as IT industry shows signs of stabilising

October's layoff numbers reveal a continuing decline, maintaining the trend established in previous months and marking one of the lowest points for layoffs since 2023

Tech layoffs fall in October as IT industry shows signs of stabilising
Updated On : 01 Nov 2024 | 4:16 PM IST

Tech layoffs 2024: Over 100,000 IT jobs cut in second half of the year

Tech layoffs 2024: Major IT firms such as IBM, Cisco, and Microsoft have laid off over 100,000 employees across the globe in the second half of 2024

Tech layoffs 2024: Over 100,000 IT jobs cut in second half of the year
Updated On : 01 Oct 2024 | 2:50 PM IST

Cisco's second 2024 layoff: 5,600 jobs cut, shifts focus to AI growth

Earlier in the year, Cisco reduced its workforce by 4,000 employees in a previous round of layoffs that took place in February

Cisco's second 2024 layoff: 5,600 jobs cut, shifts focus to AI growth
Updated On : 19 Sep 2024 | 7:04 PM IST

Samsung India to lay off 200+ executives amid slowing growth, challenges

Samsung India currently employs around 2,000 executives, meaning the layoff will affect 9-10% of its managerial workforce

Samsung India to lay off 200+ executives amid slowing growth, challenges
Updated On : 11 Sep 2024 | 1:50 PM IST

Tech layoffs 2024: Tech companies lay off over 27,000 employees in August

Tech layoffs: Major IT firms such as Intel, IBM, and Cisco have laid off over 27,000 employees across the globe in August 2024

Tech layoffs 2024: Tech companies lay off over 27,000 employees in August
Updated On : 05 Sep 2024 | 1:39 PM IST

Tech layoffs 2024: IT companies lay off 100,000 employees till July 2024

Major IT firms such as Intel, Microsoft, Intuit, among others have laid off 124,517 employees across the globe till July this year

Tech layoffs 2024: IT companies lay off 100,000 employees till July 2024
Updated On : 05 Aug 2024 | 11:43 AM IST

Microsoft faces backlash over DEI team layoffs amid diversity commitments

Microsoft has laid off its internal team dedicated to diversity, equity, and inclusion (DEI) due to 'changing business needs'

Microsoft faces backlash over DEI team layoffs amid diversity commitments
Updated On : 18 Jul 2024 | 12:03 PM IST

Tech layoffs: 98,000 impacted as Apple, Google, others continue job cuts

In May alone, 39 companies laid off a total of 9,742 employees as economic uncertainties continue to impact the tech sector's workforce

Tech layoffs: 98,000 impacted as Apple, Google, others continue job cuts
Updated On : 24 Jun 2024 | 11:14 AM IST

Tech job cut: Microsoft lays off 1,000 employees from mixed reality team

Majority of the jobs cut have been within Microsoft's Strategic Missions and Technologies organisation, which aims to sell the company's cloud software and server rentals for businesses

Tech job cut: Microsoft lays off 1,000 employees from mixed reality team
Updated On : 06 Jun 2024 | 9:52 AM IST

Tech layoffs 2024: Over 9,500 employees lose job across 39 companies in May

Global tech layoffs 2024: As many as 89,333 employees have been laid off across 306 tech companies in 2024 so far

Tech layoffs 2024: Over 9,500 employees lose job across 39 companies in May
Updated On : 03 Jun 2024 | 5:09 PM IST
Updated On : 16 May 2024 | 8:18 PM IST

To cut costs, Indian tech companies expanding into smaller cities

The change also comes as state governments offer stamp duty concessions, land benefits, subsidised power and other incentives to bring jobs to smaller cities

To cut costs, Indian tech companies expanding into smaller cities
Updated On : 25 Apr 2024 | 1:47 PM IST

Layoffs by Indian tech startups dip 60% in Jan-March this year, says report

Tech startups let go of more than 2,000 workers in the first quarter as funding capital reduced

Layoffs by Indian tech startups dip 60% in Jan-March this year, says report
Updated On : 09 Apr 2024 | 11:20 AM IST

Cisco latest firm to announce job cuts; 2024 tech layoff tally hits 35,000

US firm Cisco system said that it's been hit by a temporary "pause" in orders from customers who are busy installing equipment they've already acquired

Cisco latest firm to announce job cuts; 2024 tech layoff tally hits 35,000
Updated On : 15 Feb 2024 | 11:58 PM IST

Artificial intelligence driving more layoffs than companies want to admit

Experts struggle to get an accurate picture of just how many jobs are being eliminated as AI rapidly advances

Artificial intelligence driving more layoffs than companies want to admit
Updated On : 09 Feb 2024 | 7:27 AM IST

Wipro on job cuts: Aligning business, talent to changing market environment

After startups and Big Tech, layoff season may have begun at the $245 billion Indian IT industry

Wipro on job cuts: Aligning business, talent to changing market environment
Updated On : 31 Jan 2024 | 11:58 PM IST

85 technology companies show exit door to over 23K employees this year

According to the layoff tracker layoffs.fyi, 85 companies have already handed pink slips to 23,770 employees in 2024. This is on the back of 2,62,595 employees being sacked by 1,187 companies last yr

85 technology companies show exit door to over 23K employees this year
Updated On : 26 Jan 2024 | 10:50 PM IST