An Indian man who was laid off from Microsoft – where he had worked for over two decades – has said that news of the elimination hit him and his family hard. Read More
Tag: laid
Thousands laid off in US as recession worries mount: Here’s who has cut jobs, apart from Meta, Amazon
Job cuts announced by US-based employers jumped 13% to 33,843 in October last year, the highest since February 2021, according to a report. Read More
Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exits
This time last year, Indias startup ecosystem was counting unicorns. Now, its tallying layoffs. According to data compiled for us by Longhouse Consulting, 52 of Indias new-age companies sacked almost 18,000 employees between them in 2022. Shockingly, almost half of these took place at just 15 edtech companies as Covids retreat battered the sector. Read… Continue reading Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exits