In its third round of layoffs since last year, Coinbase Global Inc. said on Tuesday that it would cut its workforce by around 950 workers as part of a reorganisation strategy, reported Reuters.

More layoffs in the crypto world: Coinbase to cut almost 1,000 jobs

Crypto exchange Huobi adds its name to the list of companies that chose to lay off their staff as it announced to lay off 20% of its workforce for cost cutting as investor interest in digital assets has slumped sharply.

Crypto exchange firm Huobi to lay off 20% of workforce amid industry slump

Salesforce plans to cut its workforce by 10% and close some offices, saying it needs to cut costs after rapid pandemic hiring left it with ‘too many people’ amid an economic slowdown.

World Business Watch: Salesforce to cut staff by 10% in latest layoffs

Cloud computing firm Salesforce announced on Wednesday that it was closing numerous offices and laying off roughly 8,000 workers, or nearly 10 per cent of its workforce.

Tech giant Salesforce joins the layoff bandwagon; fires 10% of its workforce

In the face of looming layoffs, a leading newspaper's Pulitzer Prize-winning Indian-American editor has decided to step down from his position. The editor has made this choice in the hopes that other employees would be able to keep their jobs if his compensation is cut from the company's budget.

Amid layoff season, Indian-American Pulitzer-winning editor steps down so his staff can keep their jobs

Tesla is set to lay off more employees. As per reports, the electric car maker has notified its employees that it will be implementing a hiring freeze and that another wave of layoffs is also in the cards.

Tesla plans to implement hiring freeze, lay off more employees in 2023: Report

According to a report, electric-car maker Tesla will lay off employees in the next quarter. Reports also said Tesla is going to freeze hiring.

World Business Watch | Tesla to freeze hiring, lay off employees in next quarter: Report

China's Xiaomi Corp has started laying off workers in several units of its smartphone and internet services business, reducing its workforce by about 15%.

World Business Watch: China smartphone maker Xiaomi to slash 15% of jobs, says report

Amazon is planning to fire 20,000 employees currently working in the company. In the coming months, Amazon will go through a huge layoff and the employees will be fired from their distribution centers located in several regions.

Amazon set to fire 20,000 employees, including top managers

As per reports, Amazon is planning to fire 20,000 employees currently working in the company. In the coming months, Amazon will go through a huge layoff and the employees will be fired from their distribution centres located in several regions.

It appears to be the ‘layoff season’ in the United States, as a Mississippi-based furniture company abruptly fired all of its 2,700 of its employees ahead of Thanksgiving, according to multiple media reports.

US-based furniture company fires all 2,700 employees, days before Thanksgiving: Reports

The PC maker, Hewlett-Packard (HP) has said that it would lay off layoff 10 per cent of its global workforce over the next three years. Watch this video to know more.

HP laying off 6000 employees globally over the next three years

Several tech companies are opting for mass layoffs due to uncertainties in the market. WION speaks to Huawei Technologies' Former VP Simon Lacey about the same.

Huawei Technologies' Former VP Simon Lacey on why tech companies are going for mass layoffs?

HP to lay off 10% of global workforce by 2025

Are you one of those who recently lost your job? Here are six ways you can dodge going moneyless after the job loss.

How to lay-off proof your finances: 6 ways to manage money after job loss

Twitter is being sued by the employees over Elon Musk’s plan to cut 3,700 jobs, which is about half of the workforce, reports Bloomberg. They filed a class-action suit on Thursday in San Francisco federal court, claiming that the company’s decision to retrench the staff is in violation of federal and California law.

Elon Musk's Twitter sued over plans to lay off half of workforce

India layoffs hits Byju's, founder and CEO Byju Raveendran has apologized to firms' employees for the clumsy layoffs. The company stated that around 2,500 job cuts were necessitated to avoid role duplication.

WION Business News | Byju's founder apologizes to employees for clumsy layoffs

Billionaire and Twitter's new owner Elon Musk reportedly fired top management of the social media platform as he wanted to avoid hefty severance payouts, said media reports.

Musk fired top Twitter execs to avoid payouts, has ordered more job cuts: Reports

Ride-hailing giant Ola is reportedly laying off around 200 staff in another round, this time from its various software verticals of ANI technologies, which operates at Ola Cabs, as sales of its electric two-wheeler decrease.

Report: Ola lays off around 200 employees as part of ‘restructuring exercises’

As it finalizes its new structure, convenience store chain 7-eleven has slashed around 1,000 corporate jobs in the US. Job cuts at support centres, and field support operations were also there.

7-eleven lays off US employees: Job cuts at support centres, field support operations

Netflix has decided to lay off around 4% of the workforce. It lay off 300 employees amid a cost-cutting drive. The layoff has mostly affected the employees in the US.

Netflix lays off 300 employees amid a cost-cutting drive

Streaming giant Netflix has laid off 300 employees, according to Variety. The publication reported that the streamer fired off staffers across multiple departments.

Netflix fires off 300 employees in latest round of layoffs amid financial troubles

Netflix fires 300 employees in latest round of layoffs amid financial troubles

After Beijing introduced new rules on the country's private education industry, the largest private education provider, New Oriental Education fired nearly 60,000 workers last year.

In a massive layoff, Chinese EdTech giant fired nearly 60,000 workers

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