Vedantu, the edtech unicorn, has laid off 385 employees, bringing the total number of layoffs this year to almost 1,000. Senior executives will also face pay cuts. Vedantu laid off 624 staff in May of this year, followed by another

Amazon, the technology and ecommerce giant, was reported to be planning to lay off up to 10,000 employees in the coming months in mid-November. However, according to Computerworld, the company is considering laying off 20,000 people across all businesses and

Samsung plans to hire 1000+ engineers for its research and development (R&D) institutes across India in order to boost its focus on innovation and new-age technology. In 2023, the new hires will join the Korean tech company’s R&D centres in

Hirect, a chat-based direct-hiring platform for startups, has laid off 40% of its workforce as part of organisational restructuring and strategic changes to its business model. That means the startup is laying off over 200 staff. Hirect is a platform

Ramesh Chauhan, a veteran industrialist, told news agency PTI on Thursday that Bisleri International is in discussions with a number of players, including Tata Consumer Products Limited (TCPL), about selling its packaged water business. His remarks followed a story in

An internal memo from Amazon claims that the tech giant has made voluntary layoffs available to some employees. CNBC has looked at the confidential document. Employees in numerous departments, including human resources and employee services, have received the voluntary severance

Basavaraj Bommai, the chief minister of Karnataka, has urged every employee of the state’s government to put in an hour more each day. On November 10, 2022, Bommai was addressing at a gathering where a delegation from the Karnataka State

The 11,000 employees that Facebook’s parent company Meta has decided to let go of will receive 16 weeks of base salary plus two extra weeks for each year of service, with no cap. This means that about 13% of its