LAY OFF

Alibaba lays off nearly 10K employees

Alibaba reported a 50 per cent drop in net income to 22.74 billion yuan ($3.4 billion) in the June quarter, down from 45.14 billion yuan in the same period last year…reports Asian

7 August 2022

Business·China

Layoffs finally hit giants

Cloud major Oracle recently considered laying off thousands of workers to save up to $1 billion in cost-cutting measures…reports Asian Lite News The economic meltdown has reached Big Tech and Satya Nadella-run

14 July 2022

Business·Economy

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