Last Updated:April 01, 2025, 15:28 IST Zomato laid off 600 employees due to a slowdown in food delivery and rising losses in Blinkit. The company is investing in AI, launching Nugget to handle 15 million interactions monthly. Zomato has reportedly fired 600 employees Zomato has reportedly laid off 600 employees amidst a slowdown in its
Last Updated:February 11, 2025, 08:34 IST Meta Platforms, the parent company of Facebook, is set to begin company-wide layoffs this week Meta Layoffs Meta Platforms, the parent company of Facebook, is set to begin company-wide layoffs this week. According to Reuters, employees will receive notifications starting at 5 AM PST today. Internal memos obtained by
Last Updated:February 08, 2025, 23:38 IST Anshul Jubli returns for his second appearance in the UFC. After a long lay-off due to injury, the ‘King of Lions’ hopes to get the win, stay active and learn from his previous mistakes. Anshul Jubli returns for his second fight in the UFC, hoping to get his first
Last Updated:November 08, 2024, 18:14 IST Expressing disapproval of companies with large cash reserves that still opt for layoffs, Vembu described such actions as “naked greed”. Sridhar Vembu said a company that holds around $1 billion in cash and reports a 20% growth rate, recently reduced its workforce by 12-13%. In a pointed critique against
Last Updated:November 07, 2024, 11:12 IST United had signed the highly-rated youngster from French club Lille on a contract until June 2029, with the deal reportedly worth around 62 million euros ($66.36 million) and eight million in add-ons. Leny Yoro back in training with Manchester United (X) Manchester United have been boosted by the return
Neymar back in training with Al Hilal (X) Neymar’s return to competitive games will depend on “his technical readiness and the coach’s decision” said a club official Brazil superstar Neymar announced his return to team training with his Saudi club Al Hilal on Monday after nearly a year out with a left knee injury. The
Last Updated: July 31, 2024, 14:02 IST United States of America (USA) Intel is facing the need to manage its rising costs with this move Intel plans to cut thousands of jobs to finance a recovery and cope with eroding market share, Bloomberg News reported on Tuesday, citing people familiar with the matter. (Reuters) -Intel
Last Updated: August 21, 2024, 09:00 IST GoPro is going to cut 15 percent of its workforce as confirmed by the company Action camera maker GoPro said on Monday it would cut about 15% of its workforce this year, as part of a restructuring plan to reduce operating expenses. (Reuters) -Action camera maker GoPro said
As of August 2024, the global employment landscape is facing significant turbulence, with more than 130,000 employees laid off across nearly 400 companies. Tech giants like Google, IBM, Apple, Amazon, SAP, Meta, and Microsoft have contributed to these staggering figures, indicating a major recalibration within the job market. According to industry experts, this trend is