layoff – Arab Daily Digital

Job Cuts Surge Amid Holiday Season

Citing the global macroeconomic conditions, Big Tech firms and startups across the spectrum have sacked employees, and layoffs continue to happen….reports Asian Lite News As generative AI threatens millions of jobs, tech

28 December 2023

Business·Economy·Tech Lite

UK Banking Giant Barclays to Lay Off 400 Employees

Earlier, top global brokerage firm Morgan Stanley laid off nearly 3,000 jobs in its second round of job cuts this year amid a continuing global meltdown…reports Asian Lite News British multinational investment

11 September 2023

Business·UK News

Tech Firms Cut 226K Jobs, 40% Exceeding 2022

Although the tech industry has seen a shocking number of job cuts last year, 2023 has been much worse….reports Asian Lite News Tech companies have laid off 226,000 employees so far this

16 August 2023

Business·India News·Technology

Meta to lay off almost 20% of Irish workforce

Meta Founder and CEO Mark Zuckerberg said in March that the company will cut 10,000 jobs across two rounds of layoffs in late April and late May…reports Asian Lite News Meta Platforms

25 May 2023

-Top News·Social Media·USA

2023 worst for tech employees

1,046 tech companies laid off more than 1.61 lakh employees in 2022…report Asian Lite News The year 2023 employees has become the worst year for tech as nearly 2 lakh tech employees

23 May 2023

Business·Tech Lite·Technology

Cognizant braces for massive layoffs

IT giant will also reduce its real estate costs by “eliminating 80,000 seats and 11 million square feet in large cities in India”….reports Asian Lite News IT major Cognizant on Thursday said

5 May 2023

Business·India News·Tech Lite

Lenovo begins laying off employees as PC biz takes a beating

Lenovo led the global PC market with 22.4 per cent market share, followed by HP Inc at 21.1 per cent and Dell Technologies at 16.7 per cent…reports Asian Lite News Global technology

22 April 2023

Business

Fresh layoffs begin at Meta globally

In March, Meta CEO Mark Zuckerberg announced the company would cut 10,000 jobs in the coming months…reports Asian Lite News Meta (formerly Facebook) has kicked off a fresh round of layoffs, handing

20 April 2023

Social Media

Layoffs continue to deepen amid recession

Social media company ShareChat (Mohalla Tech Pvt Ltd) laid off 20 per cent of its workforce due to uncertain market conditions…reports Asian Lite News As layoffs continue to deepen amid recession fears,

26 March 2023

Business·India News

US firms slash over 21K tech jobs in February

The sector has announced 35 per cent of all job cuts in 2023….reports Asian Lite News Companies in the US cut 77,770 jobs in February, compared to 1,02,943 in January, with technology

14 March 2023

Business·USA