Bolt fired the entire HR team, saying they were creating problems, felt entitled and had become complacent. The CEO said the company was back to start-up mode after losses and needs people who are oriented. He added that leveraging AI was also at its core.

CEO fires entire HR team for slacking off - 'People felt entitled'

Meta has reportedly laid off about 700 employees across multiple teams, including its Reality Labs division, as part of ongoing restructuring. The cuts affected departments such as recruiting, sales and Facebook product teams. 


‘Tech layoffs continue’: Meta cuts 700 jobs as it shifts focus to AI investment

Dell announced a major chunk of layoffs on Tuesday (Aug 6) in a bid to shift toward AI products and services. The latest round of sacking is set to affect about 10 per cent of the workforce.

Dell fires 10% of its global workforce in major shift towards AI: Report

The technology industry continued to face significant upheaval in July 2024, with over 8,000 professionals losing their jobs across 34 companies. This surge brings the total number of layoffs for the year to a staggering 124,517 employees from 384 companies worldwide. Watch in for more details!

Global tech layoffs surge past 100,000 in July 2024

Social media giant Snap, the parent company of Snapchat, disclosed on Monday its decision to lay off approximately 528 employees, constituting 10 per cent of its global workforce.

Snap announces 10 per cent workforce cut amid tech industry layoffs: Report

Hundreds of thousands have lost jobs across sectors in 2023 as technology behemoths raced to cut costs. The job cuts in the technology sector neared 90,000 in January 2023 and came down to 39,471 in February, 37,662 in March, 19,807 in April and 11,491 in the month of May so far, according to layoffs tracking platform Layoffs.

Hundreds of thousands lose jobs in 2023 as tech giants race to cut costs

Even as globally, layoffs dominate the spectrum in the Information Technology industry, the Indian government is pushing for the adoption of open-source software (OOS).

India embraces open-source software to boost tech industry amid layoffs

Tech layoffs: Dell Technologies Inc became the latest tech company to announce layoffs. It has said that it is planning to eliminate about 6,650 jobs which is about 5 per cent of its total global workforce.

Tech layoffs 2023: Dell to lay off 6,500 employees, cut 5% of its global workforce amid 'uncertain future'

Edtech unicorn BYJU'S has begun a fresh round of layoffs, putting almost 900 plus employees from various teams and functions in jeopardy, as reported by YourStory.

BYJU'S cuts more than 900 jobs across teams, senior executives asked to step down too

Credit Card and online payment interface PayPal Holdings said on Tuesday that it will cut 7 per cent of its workforce. This numbers to about 2,000 employees. PayPal, once helmed by billionaire business magnate Elon Musk, is the latest amongst a host of fintech firms who have been hit by the economic slowdown.

PayPal joins Silicon Valley's layoff wagon, announces 2,000 job cuts

In-house massage therapists made up more than two dozen of those who lost their jobs in Google's most recent wave of layoffs, which occurred last week. 27 in-house massage therapists were among the 1,845 employees that lost their positions with the company in the state of California, according to filings that CNBC reported on Tuesday.

Cutting back on massages: Google fires almost 27 massage therapists amid mass layoffs

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

Amazon has revealed plans to shut three UK warehouses in a move which will impact 1,200 jobs. Watch this video to know more.

Amazon plans to shut three UK warehouses, 1200 jobs likely to be impacted

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 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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