Cloud data integration leader Informatica slashes their workforce by 10% today. I.e around 500+ positions.

Informatica slashes workforce globally

Cloud Architect

Informatica slashes workforce globally- Grapevine

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

Founder

Intel to cut 15000 Jobs

Software Developer

https://www.reuters.com/business/cisco-cut-thousands-jobs-it-seeks-focus-high-growth-areas-sources-2024-02-09/

Confirmed - Massive layoffs at Cisco

Software Engineer

Dell made a statement today that they will layoff   5% of global workforce about 6,650 in the current week Any further information known other than this? Like Which teams are affected and how many in India etc?

Dell lays off globally

Product Marketing Manager

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

Senior redundancies

Program Manager

Welcome to Indian Startups's Private Community

Bengaluru-based edtech startup Scaler has laid off around 150 employees, or around 10% of its workforce. Here is source

Scaler layoffs: As per the company, it currently has a workforce of around 1,500 employees.

Scaler lays off 150 employees to reduce redundancy in roles: Report

Tech Lead

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

Accenture Layoff

Business Development Manager

Hubilo to cut workforce by 35%

Wipro layoffs 

https://www-businesstoday-in.cdn.ampproject.org/v/s/www.businesstoday.in/amp/technology/news/story/cost-optimisation-at-wipro-hundreds-of-mid-level-jobs-slated-for-elimination-says-report-415528-2024-01-31?amp_gsa=1&amp_js_v=a9&usqp=mq331AQGsAEggAID#amp_tf=From%20%251%24s&aoh=17066948529697&csi=0&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fwww.businesstoday.in%2Ftechnology%2Fnews%2Fstory%2Fcost-optimisation-at-wipro-hundreds-of-mid-level-jobs-slated-for-elimination-says-report-415528-2024-01-31

I worked in one of the WITCH company. Most of the middle Managers are just email routers and no real depth in expertise or hands on with technical. What do you think? How would this year pan out?

End of the road for IT middle Managers?

Senior Data Engineer

Roughly 2.5% of the workforce. Are there any details on teams and geographies impacted?

Accenture to Layoff 19k employees

Senior Manager

TECH NEWS News: IBM announces substantial job cuts in its marketing and communications division. CEO Arvind Krishna emphasized the company's commitment to upskilling 

IBM set to cut more jobs in these two divisions - Times of India

IBM plans to layoff 8000 folks

Senior Consultant

SAP is restructuring 8,000 jobs to focus on AI.
Some employees at SAP could be asked to leave voluntarily.
This restructuring aligns with a global trend of companies prioritizing AI initiatives.

SAP is restructuring 8,000 jobs to focus on AI 🙏🏼

All of our fears about AI was correct! 

They will take our jobs, they will overtake the world & will finally turn against us. 

https://www.peoplematters.in/news/talent-management/ibm-asks-employees-to-volunteer-for-layoffs-targets-80-cuts-in-key-departments-including-hr-40430 IBM asks employees to volunteer for layoffs, targets 80% cuts in key departments, including HR

IBM planning 80% layoffs

Engineering Manager

People from mid and top management (with fat paycheques) across org laid off on friday & today. About 100-120 people affected. 

Source: Heard from a friend. + mentioned in the Cross org emails by mukesh

Layoffs at cult.fit & cultsports

Product Designer

Can anyone validate this article? 
If it's true, then does it effect their cloud team?
 https://www.businesstoday.in/jobs/story/tech-layoffs-ibm-to-lay-off-3900-employees-as-it-misses-annual-cash-target-367656-2023-01-26

3.9k IBM layoffs??

Data engineer

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

Welcome to Software Engineers's Private Community

Swiggy officially announced Tech layoffs today

Simpl has laid off over 25 per cent of its workforce, which is around 150-200 employees, this week,
https://www.timesnownews.com/business-economy/companies/layoffs-intensify-another-indian-startup-announces-job-cuts-says-re-looking-headcount-to-prepare-for-new-economic-reality-details-article-99632767

Informatica slashes workforce globally

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