Layoffs

RICHMOND — Hundreds more Bay Area job cuts have jolted tech and biotech workers in the region, official state filings show, layoffs that have shoved tech industry layoffs beyond a forbidding new milestone. Lyft, Dropbox and Sangamo…

Is the Federal Reserve silently rooting for layoffs to help its battle with stubbornly high inflation? Well, let’s just peek at inflation rates and how they vary in a curious collection of 23 metropolitan areas tracked by the Consumer…

LinkedIn, the social media network owned by Microsoft Corp that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application. LinkedIn, which has…

The government-backed Open Network for Digital Commerce (ONDC) is being seen as a serious threat to food delivery majors Zomato and Swiggy. We’ll explain what it means for the food delivery space. This and more in today’s ETtech Top 5.Also…

Apple CEO Tim Cook has confirmed that the company is not planning any major layoffs despite cost-cutting measures being implemented. In contrast to other tech giants like Alphabet, Microsoft, and Meta which have cut thousands of employees…

As tech layoffs continue unabated amid the global meltdown, Apple CEO Tim Cook has said that mass layoffs are a “last resort” for him.The tech giant, however, is reducing costs and has slowed down the pace of hiring.Cook told CNBC that he…

Tim Cook, chief executive officer of Apple Inc., smiles as he greets customers during the opening of the new Apple BKC store in Mumbai, India, on Tuesday, April 18, 2023. Indranil Aditya | Bloomberg | Getty ImagesApple doesn't have plans…

Ecommerce startup Meesho has laid off 251 employees in a bid to turn sustainable amid a larger reset in the technology industry, the company told its staff in a town hall on Friday morning.This would amount to 15% of the total team…

After firing 150 employees nearly a year ago, ecommerce startup Meesho has announced layoffs again that will affect 251 employees as it aims to turn sustainable amid a larger reset in the technology industry. This and more in today’s ETtech…

Bengaluru-based ecommerce startup Meesho on Friday slashed 15% of its workforce, affecting 251 employees, as cofounder and CEO Vidit Aatrey cited a “challenging macroeconomic environment” being the reason for the retrenchment. “I have a…