job losses

As tech layoffs are set to continue unabated in 2024, the cybersecurity industry was not immune from job losses and more than 110 cybersecurity companies fired thousands of employees in 2023. Once largely untouched, jobs in the cybersecurity sector were also affected this year despite an ever-increasing number of cyber attacks and data breaches, reports TechCrunch.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Senior Management ProgrammeVisitIndian School of…

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When an employee at a home interiors startup—which has been laying off its workforce—suffered a heart attack and had to be hospitalised, the manager, instead of being empathetic, announced to the company that she was absconding. Other colleagues have been asked to work even though they have had a demise in the family, or have parents hospitalised. She quit recently, along with a couple of other colleagues in her team, unable to cope with the intense mental harassment at work.“The company had over-hired a couple of years…

More and more Big Tech companies continue to sack employees.In what could be touted as the worst month ever for tech workers, close to 1 lakh of them lost jobs in the month of January globally, dominated by companies like Amazon, Microsoft, Google, Salesforce and others.It means that more than 3,300 tech employees lost jobs daily on an average by more than 288 companies worldwide.Barring Apple, every other Big Tech firm has slashed jobs, led by Amazon with 18,000 job cuts, followed by Google with 12,000 and Microsoft…

In April, Meesho rebranded Farmiso to Superstore, with an aim to highlight its continued focus to fulfill consumer demand for daily essentials in Tier 2 markets and beyond.Homegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90% of cities in India (except Nagpur and Mysuru), resulting in several job losses.According to an Inc42 report, nearly 300 employees have lost jobs after the shuttering of Meesho Superstore.When reached, the company did not comment on…