Mass Layoffs

A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.

The company fired roughly 150 employees in sales and 100 employees in marketing, business, and product.

Air India Express on Thursday cancelled at least 85 flights as a section of cabin crew was fired, a day after nearly 300 employees of the airline called in sick and switched off their phones.

Social media giant Snap, which operates Snapchat, has announced plans to lay off approximately 10% of its staff.

If the first month of 2024 offers any indication, America's largest employers - fresh off mass layoffs last year - are going to keep cutting.

Paul Vogel joined the company in 2016 as the head of investor relations and was promoted to the position of CFO in 2020.

Freddie Carthy had joined the music streaming giant after Elon Musk took over Twitter and conducted mass layoffs.

Tech giant Google has laid off several employees this week in its news division, CNBC reported on Wednesday.

Notably, Madhav Chinnappa joined Google in 2010 as the head of strategic partnerships at Google News.

A lack of mechanism in handling challenges affects the employee productivity and negatively impacts employees' mental health.

He told the employees that one of his objectives is to establish "a stronger technology company that can build better products faster"

Apple will likely report a more than 4 percent drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business.

The company anticipates annual pre-tax savings of $700 million to $900 million upon completion of cost-cutting actions.

The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.

The Tesla tycoon bitterly denies that misinformation has surged since his turbulent $44 billion (roughly Rs. 3,60,275 crore) acquisition of the messaging platform, but experts say content moderation has been gutted after mass layoffs, while a paid verification system has served to boost conspiracy theorists.

A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.

The company fired roughly 150 employees in sales and 100 employees in marketing, business, and product.

Air India Express on Thursday cancelled at least 85 flights as a section of cabin crew was fired, a day after nearly 300 employees of the airline called in sick and switched off their phones.

Social media giant Snap, which operates Snapchat, has announced plans to lay off approximately 10% of its staff.

If the first month of 2024 offers any indication, America's largest employers - fresh off mass layoffs last year - are going to keep cutting.

Paul Vogel joined the company in 2016 as the head of investor relations and was promoted to the position of CFO in 2020.

Freddie Carthy had joined the music streaming giant after Elon Musk took over Twitter and conducted mass layoffs.

Tech giant Google has laid off several employees this week in its news division, CNBC reported on Wednesday.

Notably, Madhav Chinnappa joined Google in 2010 as the head of strategic partnerships at Google News.

A lack of mechanism in handling challenges affects the employee productivity and negatively impacts employees' mental health.

He told the employees that one of his objectives is to establish "a stronger technology company that can build better products faster"

Apple will likely report a more than 4 percent drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business.

The company anticipates annual pre-tax savings of $700 million to $900 million upon completion of cost-cutting actions.

The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.

The Tesla tycoon bitterly denies that misinformation has surged since his turbulent $44 billion (roughly Rs. 3,60,275 crore) acquisition of the messaging platform, but experts say content moderation has been gutted after mass layoffs, while a paid verification system has served to boost conspiracy theorists.