Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000  

The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January.

published on : 20th March 2023

West Bengaluru hit by power, water woes

The residents pointed out that power cuts are happening just a day after the energy department announced that there would be no power cuts for the next three months to help students and farmers.

published on : 18th March 2023

Second round of mass layoffs: Meta to cut 10,000 jobs, say reports

Just four months after it let go 11,000 employees, the big tech company is to announce a second round of mass layoffs.

published on : 14th March 2023

Vietnam shoe-maker for Nike, Adidas to cut 6,000 jobs

PouYuen Vietnam, a unit of Taiwan-based Pou Chen Group, will lay off 3,000 factory workers and will not renew the contracts of 3,000 others because of "very few production orders in 2023".

published on : 20th February 2023

TCS not considering layoffs, hiring impacted employees from startups

TCS' chief Human Resources officer Milind Lakkad said the company, which employs over 6 lakh people, will be announcing hikes which will be similar to earlier years.

published on : 19th February 2023

Russia says it will cut oil production over Western caps

The cap is enforced by barring Western companies that largely control shipping and insurance services from moving oil priced above the limit.

published on : 11th February 2023

Ryots stage agitations against power outages in Telangana

Chandu, a farmer from Bugga thanda in Neredu Gomma mandal, cultivates paddy on two acres of his land and grows groundnut on an additional four acres of leased land.

published on : 11th February 2023

Disney lays off 7,000 as streaming subscribers decline

The storied company founded by Walt Disney said its streaming service saw its first ever fall in subscribers last quarter as consumers cut back on spending.

published on : 9th February 2023

UK retail giant Tesco to axe over 2,000 jobs

Tesco recently posted bumper revenue for the key Christmas season, even as customers switched to less expensive rivals as prices soar during a cost-of-living crisis.

published on : 31st January 2023

IBM to cut 3,900 jobs as it reorganizes business

This cost is "entirely related" to the spin-off of Kyndryl and the disposal of health data and analysis businesses, an IBM spokesperson told AFP.

published on : 26th January 2023

Every one in four Indians surveyed concerned about threat of job layoff: Survey

Global economic slowdown and a potential resurgence of COVID-19 are key areas of worry for Indians.

published on : 25th January 2023

Google's parent Alphabet to fire 12,000 employees; Pichai says 'sorry'

The year 2023 has begun on a bad note for tech workers globally as 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signalling worse days ahead.

published on : 20th January 2023

Zimbabwe to have dark Christmas amid power cuts, high prices

The high food prices are forcing many to put aside Christmas shopping in order to focus on immediate needs.

published on : 23rd December 2022

Layoffs mount as recession looms

Hiring has declined in technology that employs five million people in India, and another five million in the services segment associated with technology.

published on : 27th November 2022

Big tech layoffs may be a long-term carnage

The Ukraine War has created a spiraling energy crisis and a global economic slowdown that is hitting Big Tech hard.

published on : 27th November 2022

Draft DPDP skips 'Right to Privacy' in preamble, govt gets unrestrained powers: CUTS 

CUTS said draft weakens the regulatory, supervisory, & enforcement architecture by replacing the previously proposed data protection regulator with a board that will be directly in control of the govt

published on : 21st November 2022

Draft bill on Digital Personal Data Protection skips 'Right to Privacy' in preamble, govt gets unrestrained powers: CUTS

The bill skips mention of the fundamental right to privacy in its preamble and narrows the scope of the law from data protection to digital personal data protection excluding non-personal data.

published on : 20th November 2022

Jet Airways cuts salary, sends 10 per cent staff on leave

JKC in a statement on Friday noted it might take ‘difficult’ near-term decisions to manage cashflows. It also said they have not breached any terms of the insolvency resolution plan.

published on : 19th November 2022

Areas in Chennai that will experience power cuts on November 18

The complete list of areas in the city where TANGEDCO will cut power for maintenance work.

published on : 16th November 2022

Musk's latest Twitter cuts: Outsourced content moderators

At Twitter's San Francisco headquarters and other offices, contract workers wore green badges while full-time workers wore blue badges.

published on : 14th November 2022
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