Swedish multinational company Ericsson has decided to trim 1,400 jobs in Sweden with larger headcount loss in other countries. Not too long ago, big tech companies were hiring at an alarming rate during the pandemic, expecting greater demand for their tech offering.

Ericsson plans to fire nearly 1,400 employees

According to reports, Vodafone is planning to make its biggest round of job cuts in five years as the British telecom group seeks to rein in costs and revive its lagging performance. Watch this to know more.

Vodafone plans hundreds of job cuts in cost-saving measures

'Software developer' secured the top spot on US News & World Report's list of the best occupations of 2023, moving up from the number five spot last year, according to a Bloomberg report.

'Software developer' wins top jobs of 2023, despite massive layoffs: Report

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

Layoffs in 2022: The year tech firms, workers would rather forget

The news of layoffs in major giants across various sectors is becoming more common with each passing day. First Facebook’s parent company Meta Platforms, then Twitter and now joining them are Swedish fashion giant H&M and US-based food delivery company DoorDash.

Cost cutting? This is what H&M, US food delivery firm DoorDash said as they plan to sack employees

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

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