Tag Archives: Layoffs

SpiceJet, a prominent low-cost carrier in India, has initiated workforce reduction measures aimed at saving 1 billion rupees ($12 million) annually as part of its turnaround and cost-cutting strategy. The airline's decision comes following fund infusion efforts aimed at reviving its grounded planes amidst financial challenges.

As the technology landscape continues to evolve, major players are making strategic moves to adapt to changing market dynamics. In line with this trend, multinational network corporation Cisco has announced its decision to implement layoffs as part of a restructuring program aimed at focusing on "high-growth" areas.

: Google has reportedly laid off 40 to 45 workers in its news division, leading to concerns about the impact on the information ecosystem. The Alphabet Workers Union emphasizes its commitment to supporting affected employees.

Alphabet, Google's parent company, announces selective layoffs in its global recruiting team, a strategic move amidst shifting hiring trends in the tech industry, emphasizing flexibility and adaptation to economic challenges.