Alibaba Group Holding reduced its workforce by about 19,000 employees in response to the global economic downturn. Cost effectiveness is given priority in the decision. Alibaba made intentions to take a more cautious approach to spending and cut costs where

While Wipro is eager to welcome the freshers it had chosen, the latter are feeling very disappointed and discouraged as their pay has been reduced by half. The IT major has reduced salaries for freshers who are waiting to join by

Leading packaged snack company Bikano has kept up its hiring spree as it plans to grow its workforce by 10-15% over the next two to three years. The company’s overall headcount increased by 10% in 2022, according to a statement,

Elon Musk has already closed two of its three offices in India after already firing 90% of its 200 employees there. The employees have been asked to work remotely. Musk also shut the Twitter office in Mumbai in addition to

After long-time CEO, Susan Wojcicki stepped down on February 16, YouTube will now have Neal Mohan as its CEO. YouTube’s parent company, Google, began its journey in Wojcicki’s garage. Her departure comes at a time when there is a lot

Zomato has stated that, as a result of poor performance, company has stopped offering its services in 225 smaller cities. The food delivery tech company also experienced losses of Rs 346.6 crore during its Q3 financial report, mostly as a result

According to Boeing, employment reductions in the finance and human resources divisions of the aerospace corporation are planned for 2023, with a loss of almost 2,000 jobs. According to a statement released by Boeing, “We expect about 2,000 reductions primarily

Disney, a major player in the entertainment industry, is firing 7,000 employees as part of a cost-cutting strategy to tackle the challenges the company is facing. During the company’s earnings call for the December quarter, CEO Bob Iger made the