We're living through times of significant change.

Subject: Focusing on our short- and long-term opportunity - The Official Microsoft Blog

changes that will result in the reduction of our workforce by 10,000 jobs through the end of FY23 Q3

Software Developer

changes that will result in the reduction of our workforce by 10,000 jobs through the end of FY23 Q3- Grapevine

Hubilo to cut workforce by 35%

Cloud Architect

Is it true that Microsoft is laying off 10000 employees today?

Microsoft Layoffs

Product Manager

Intel to cut 15000 Jobs

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

Welcome to News Discussion's Private Community

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

https://www.wsj.com/business/airlines/boeing-to-cut-10-of-workers-delay-new-plane-394370d5?st=lzcg3p03tuhv0a2&reflink=article_copyURL_share

Boeing to layoff 10%

Engineering Manager

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

Informatica slashes workforce globally

They fired almost 50% of the workforce

Aug 2022: 20%
Nov 2022: 22%
Feb 2023: 7%

Leaders lie about not having anymore layoffs and they also ensure that we can’t talk about layoffs if we want the severance via NDA.

Affected in Turing layoff number 3

Analyst

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 Personal Finance's Private Community

They've hired Boston Consulting Group to help them carry out their plan. The plan is to cut atleast 10% in major units. The project is termed Project Bora Bora. 

They will be eliminating regional managers, co-heads and other employees with overlapping responsibilities.

Chief of staffs and chief administrative officers will be cut this month. Operations staff who aided divisions that have been divested or reorganized are also at higher risk of layoffs.

Citi Bank is reportedly going to cut 24,000 jobs worldwide

The Consultant life is all about chilling and billing. You chill and then you bill for the chaos

DevOps Engineer

Heard that Paytm is planning to layoff 10% of entire work force. Across all levels.

Heard cases that folks who were hired at market premium less than 30 days ago are now being asked to leave the organisation. 

And the layoffs will be hidden under the guise of mid year appraisals. #PaytmKaro

Layoffs coming up at Paytm

Data Scientist

Welcome to Indian Startups's Private Community

Hey,

I've been working as a Frontend Developer at a startup in Hyderabad for the past 2.3 years and I've also worked on backend projects unfortunately, over the past year management hasn't been able to secure new projects on Monday my 4 colleagues had 1 on 1 discussions with HR and were given a month to find new jobs. If they can't they will be terminated in 2nd month I'm currently on a project but with less amount of work—should I be worried? It seems like they plan to terminate 4-5 employees every month.

Layoff

Frontend Engineer

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

Welcome to Office Gossip's Private Community

Since I am Done-Zo with Dunzo, AMA anything. Here to spill all the scoop that’s happened.

Ex-Dunzo employee. AMA.

- Cisco shares surged in after-hours trading following the announcement of a 7% global workforce reduction and better-than-expected quarterly results.
- The company reported adjusted earnings of 87 cents per share and revenue of $13.64 billion, surpassing analysts' estimates.
- Cisco's restructuring plan will incur $1 billion in pretax charges, with $700 million to $800 million recognized this quarter.
- This marks the second major layoff this year, following a 5% workforce cut in February, as Cisco navigates declining sales in its core networking business.
- Despite a 10% revenue drop in the fiscal fourth quarter, increased subscription revenue from the Splunk acquisition helped Cisco outperform expectations. 

 Source: [CNBC](https://www.cnbc.com/2024/08/14/cisco-csco-earnings-report-q4-2024.html)

Cisco Announces 7% Workforce Reduction Amid Earnings and Revenue Beat

Journalist

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

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

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

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

changes that will result in the reduction of our workforce by 10,000 jobs through the end of FY23 Q3

Discover More

Layoffs on

by Dezi Lee

Google

Hubilo to cut workforce by 35%

Layoffs on

by Coy Dean

Accenture

Microsoft Layoffs

Layoffs on

by Aaron Lee

Stealth

Intel to cut 15000 Jobs

Layoffs on

by Coy Lee

X.com

Cognizant to layoff 3500 Employees

News Discussion on

by Kalan Nadeen

Student

Amazon to layoff 10,000 employees

Layoffs on

by Anise Hyrum

Google

Boeing to layoff 10%

Layoffs on

by Kendall Denver

Informatica

Informatica slashes workforce globally

Layoffs on

by Jordon Everett

Big 4

Affected in Turing layoff number 3

Layoffs on

by Dezi Dean

Accenture

Intel to layoff 15000

Personal Finance on

by Jordon Gabriel

Stealth

Citi Bank is reportedly going to cut 24,000 jobs worldwide

Layoffs on

by Dezi Carmden

Paytm

Layoffs coming up at Paytm

Indian Startups on

by Kendall Lee

Others

Layoff

Layoffs on

by Jordon Carmden

Swiggy

Google to lay off 12,000 employees worldwide

Office Gossip on

by Jordon Olive

PayU

Ex-Dunzo employee. AMA.

News Discussion on

by Dezi Carmden

Grapevine

Cisco Announces 7% Workforce Reduction Amid Earnings and Revenue Beat

Layoffs on

by Kendall Taye

Stealth

End of the road for IT middle Managers?

Layoffs on

by Kendall Carmden

Accenture

Nokia to layoff 2000

Layoffs on

by Jordon Olive

Stealth

Accenture to layoff 19000 employees - over next 18 months

Layoffs on

by Aaron Gabriel

Stealth

Simpl Layoffs: 25% of its workforce