Layoffs: Page 8

Business News

While Tech Giants Pause Hiring and Cut Staff, TikTok Plans to Expand

The social media app intends to hire about 1,000 new employees at its Mountain View office alone, according to a source close to the matter.

Business News

Amazon CEO Andy Jassy Announces 'Most Difficult Decision' in More Bad News for the Tech Giant Next Year

Other tech companies like Meta, Twitter and Shopify are feeling the same pressure.

News and Trends

Amazon Layoffs Will Extend To Next Year, Says Andy Jassy

While offering a voluntary buyout offer, the Amazon CEO also extended the support to those who are affected and also severance package for employees who leave the company

Business News

Amazon Reportedly Offered Voluntary Buyouts to Employees Amid Layoffs. Here's Why That Tactic Can Be Helpful, According to One HR Expert.

There are pros and cons to offering a "voluntary severance" package to employees.

News and Trends

Amazon Officially Announces First Round Of Layoffs

According to the company's official website, Amazon's senior vice president, Dave Limp said that Amazon is merging some teams and programs to cut down on budget spending and thrive in the on-going macroeconomic conditions

Business News

'I Am Fully Aware This Will Be A Difficult Process': Disney to Freeze Hiring, Possibly Conduct Layoffs, Per Internal Memo

Disney CEO Bob Chapek sent a memo to top executives Friday warning them of cost-cutting on the horizon. One directive: Do the meeting on Zoom.

News and Trends

Twitter Asks Some Of The Fired Employees To Return: Report

Twitter cut close to 3,700 people this week via email as a way to trim costs following Musk's acquisition

Business News

'Labor Hoarding' Might Save You From Layoffs

What economists are saying about this peculiar phenomenon during an economic slowdown.

Business News

People are Filming Hysterical Videos of Being Laid Off and the Internet Is Loving It

The newest TikTok trend has the formerly employed making light of their terminations.

Employee Experience & Recruiting

Layoffs Don't Have to Decimate Your Corporate Culture. Here's How to Downsize With Respect and Empathy

Leading a startup sometimes involves the tough decision of reducing staff. As economic tides and the market shift, here is how to manage layoffs while protecting your core corporate culture.

News and Trends

What's Wrong With India's Booming Edtech Industry

From getting flooded with consumers complaints to experiencing capital crunch, how the flourishing edtech industry is increasingly seeing fault lines

News and Trends

Handing out the Pink Slip: What's the most cautious approach to mass layoffs?

Entrepreneur gets in touch with people leaders to understand the most humane ways to tackle layoffs

Business News

Netflix Announces More Layoffs

Netflix announced it will cut about 3% of its workforce -- for the second time this year. How is the streaming giant planning to recover?

News and Trends

CityMall Lays Off 191 Employees, Three Months After Raising $75 Million

The platform aims to help the new-to Internet users realize the power of Internet and e-commerce

News and Trends

Layoffs are Happening Not Just in India, But Across the Globe

209 tech startups worldwide have announced layoffs since the beginning of 2022, says a crowdsourced database of tech layoffs