Layoffs

https://www.moneycontrol.com/news/business/cognizant-says-revenue-will-decline-in-2023-to-lay-off-3500-employees-10523261.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts

Folks, Have you heard of senior layoffs since Apr’24 in TCS, Infy, Cogni or Capgemini?

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

https://m-economictimes-com.cdn.ampproject.org/v/s/m.economictimes.com/tech/technology/accenture-to-cut-19000-jobs-trims-forecasts/amp_articleshow/98943110.cms?amp_js_v=0.1#webview=1&cap=swipe

I have heard many have been laid off

Some companies I heard of, Airmeet Inmobi Simplilearn Spotdraft

Layoffs: Global - Stripe 14% - Opendoor 18% - Twitter 50% - Delivery hero - Chime 12% India - Udaan (tranches) - Chargebee 10% - Byjus 5% Hiring freeze: - Apple - Amazon

Apparently 1k Were made Under Performs and laied off Is this True ?

Tata nexarc asked 20% of its employees to leave organisation in next 90 days. They have been informed that their resume has been floated to other TATA group companies

Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people. Like whats happening man!!! Is the company dumb or what?