Guess they dont see an increase in demand for companies to use their services

Recruiter

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Indeed's layoffs were announced by chief executive officer Chris Hyams in a company memo. This development comes as the job listing platform grapples with a significant downturn in job postings and a cooling labor market.

Job site Indeed cuts around 1,000 jobs in second layoff in two years

Indeed lays off 2200 employees. There's no way a company that large needs to lay off :(

Software Engineer

Indeed lays off 2200 employees. There's no way a company that large needs to lay off :(- Grapevine

CEO takes full responsibility for company’s shortcomings and eliminates1750 roles today!This is done after already eliminating 900 positions 6 months back!!

Wayfair Layoff 1750 Employees Globally

Analyst

Google parent Alphabet on January 20 announced that plans to cut about 12,000 jobs or 6% of its global workforce, Bloomberg reported.

Google parent Alphabet to lay off 12,000 employees, 6% of total workforce

Google to lay off 12,000 employees worldwide

Founder

https://zeenews.india.com/companies/over-50000-employees-laid-off-by-153-companies-globally-in-2023-so-far-as-google-joined-the-league-2563912.html

Alphabet and Google CEO Sundar Pichai announced in an email sent to affected employees to lay off 12,000 employees globally. It joins the league of other companies like Microsoft, Salesforce, Vimeo to fire their employees in 2023 till now.

Over 50,000 employees laid off by 153 companies globally in 2023 so far as Google joined the league

Massive layoffs

Customer Experience

https://www.reuters.com/business/media-telecom/nokia-cuts-2000-jobs-china-350-europe-part-cost-cuts-sources-say-2024-10-17/

Nokia to layoff 2000

Software Developer

https://www.indeed.com/press/releases/a-message-from-our-ceo-chris-hyams

Indeed laid off 15% 2,200 ppl

According to a report, Amazon will be terminating 10,000 jobs starting this week, which represents less than 1% of its 1.5 million global employees and around 3% of the company's corporate staff.

Amazon to layoff 10,000 employees

Shadowfax laid of approx. 100 employees in December and January combined. 10-15 % of folks were from senior roles. I would call it a smart layoff.

People laid off - Shadowfax

Growth And Strategy

https://www.theverge.com/2024/8/1/24210656/intel-is-laying-off-over-10000-employees-and-will-cut-10-billion-in-costs

Intel to layoff 15000

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

Cognizant to layoff 3500 Employees

https://www.thehindu.com/sci-tech/technology/ibm-layoff-hits-thousands-as-company-tries-to-keep-it-under-wraps/article68672900.ece/amp/

IBM layoffs hit 1000s

Welcome to Software Engineers's Private Community

There is rumours that in upcoming week , there is mass layoff at pharmEasy .

Is pharmEasy is doing more layoff.

Goldman Sachs laying off a big chunk of their workforce, about 4000!

Layoffs

- WayCool has initiated another round of layoffs within five months, cutting over 200 jobs to streamline its business operations.
- This marks the third layoff exercise within a year, affecting employees across Chennai, Bengaluru, Hyderabad, and its subsidiaries.
- The company has raised around $300 Mn in total funding, backed by investors like Lightrock, Lightbox, Lightsmith, 57 Stars, and FMO.
- Sources indicate the layoffs are due to financial struggles, including delayed salaries and client payments.
- WayCool aims to achieve profitability by simplifying and automating roles, with plans to complete its bridge round funding by August. 

 Source: Inc42

WayCool Cuts Over 200 Jobs In Another Round Of Layoffs Within Five Months

Journalist

"If you have to conduct layoffs, which is always a regrettable thing, there's kind of three things that are very important. One is to communicate well with your employees in order to help them understand why it is you're doing, and how. Second is to make sure that the employees who are part of the go forward, understand kind of what happened and are not like the ground doesn't keep moving. It's like, okay, we did that, we're moving forward, here we go. And then for the employees that you unfortunately have to let go, try to provide as much support for them as possible." ~ Reid Hoffman

Finance Operations

Any chance of layoffs in swiggy in the technology department?

https://www.livemint.com/companies/company-results/dell-fires-12-500-employees-in-major-shift-toward-ai-report-11723004175038.html Tech layoffs: Dell fires 12,500 employees in major shift toward AI, says report

Dell 12,500 Laid-off FTEs

Engineering Manager

Toshiba lays off 5000 (7%)

Growth Manager

International Business News: IT services firm Accenture Plc on Thursday said it would cut about 19,000 jobs and lowered its annual revenue and profit projections as mass firings a

Accenture to cut 19,000 jobs, trims forecasts - Times of India

Accenture to layoff 19000 employees - over next 18 months

Backend Engineer

https://www.wsj.com/articles/pwc-laying-off-1-800-employees-plans-restructuring-of-products-business-b5dfe7c1

PWC layoff 1800

https://www.cnbc.com/2024/08/19/gm-lays-off-more-than-1000-salaried-software-and-services-employees.html

Indeed lays off 2200 employees. There's no way a company that large needs to lay off :(

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