Google will lay off 12,000 jobs across the globe, its CEO Sundar Pichai announced on Friday, becoming the latest tech giant after Microsoft, Facebook and Amazon to retrench staff en mass amid the global economic downturn. In an email to employees, the Indian-origin CEO said: "I have some difficult news to share. We've decided to reduce our workforce by approximately 12,000 roles." Pichai said the layoffs at Google were carried out after a "rigorous review" of its operations.
Jadeja took 5 for 47 on his international comeback with the prized scalps of Marnus Labuschagne and Steve Smith
After announcing a cut in the employees' salaries, IT major TCS has asked 500 employees to quit their jobs after a performance appraisal.
Disney+ Hotstar reported its biggest decline in paid subscribers to date - a fall of 3.8 million subscribers, or 6 per cent of its total - in the October-December period. The drop in numbers came after two warnings by the company that Hotstar's paid subscriber base would shrink as it didn't have streaming rights for the Indian Premier League (IPL) for the 2023-27 media cycle. The IPL would start on April 1 this year and continue till May 28.
Rafa Nadal returned from an injury layoff to beat Miomir Kecmanovic 6-1 7-6(4) on Wednesday
Argentina dominated the opening stages and earned the penalty when Di Maria was fouled by Ousmane Dembele, with Messi sending France keeper Hugo Lloris the wrong way to move to the top of the goalscoring charts in Qatar.
In continuation of the recent trend, another edtech major has issued pink slips to hundreds of employees. Bengaluru-based Byju's - valued at $22 billion - has laid off about 500 employees at its group companies -WhiteHat Jr and Toppr. It's a move to drive cost efficiency, according to the company. The number of layoffs, cutting across various department functions, may increase, sources said.
Images from the Europa League semi-final first leg matches on Thursday.
Archer spent 17 months on the sidelines with back and elbow injuries
'A start-up with 100 people has reduced the strength to 60-80 people to reduce cost.' 'Even if there is attrition, they prefer not to replace them.'
According to sources, employees from marketing, ad-tech, category, digital marketing, engineering team, catalogues, have all been asked to leave.
Kingsley Coman came back to haunt Paris St Germain again as he earned Bayern Munich a 1-0 win in their Champions League last-16 first leg in Paris on Tuesday.
Several manufacturing sectors could see production cuts up to 50 per cent and downsizing of employment up to 30 per cent in the coming months, indicating inability of the stimulus package to revive industrial growth from shadow of global downturn, a survey has said.
Remember, the security of your job primarily depends on two major factors -- how relevant you are for the organisation and how the organisation is aligned to its stakeholders (investors, clients and employees)
An Indian-origin CEO of a US-based homeownership company has abruptly fired more than 900 employees, about 9 per cent of its workforce, on a Zoom webinar, citing market efficiency, performance and productivity as the reasons behind the move. On a Zoom webinar last Wednesday, Better.com CEO Vishal Garg abruptly announced that the mortgage company is laying off about 9 per cent of its workforce, CNN reported. Garg cited market efficiency, performance and productivity as the reason behind the firings, the report said.
Elon Musk, the owner of Twitter, said he has "killed" the new 'official' label for certain verified Twitter accounts just hours after the feature was visible on multiple handles of governments, politicians, officials and media houses. Just hours after the feature went live, he hinted that it simply didn't work. "I just killed it," he said in a tweet replying to a web video producer Marques Brownlee's tweet of the 'official' label vanishing after a brief appearance.
A look at the 10 landmark matches from the 20-times Grand Slam champion's career.
'Career paths are no longer linear as professionals look to build a more holistic career portfolio that is true to their professional and financial goals.'
Amazon India has decided to shut down 'Amazon Distribution', according to sources. This follows its recent decision to shut its food delivery and edtech offerings. The moves are part of the annual operating planning review process amid global macroeconomic uncertainty. The e-commerce giant is looking to focus on its core businesses, sources said.
Krishna gave early warnings after a Kauko through ball sent him clear but the veteran Fiji striker, back in the starting XI after an injury layoff, found the post in his way.
Images from Saturday's action in the English Premier League.
The 29-year-old all-rounder said he did the hard grind four successive months during his time away from the Indian team after the T20 World Cup.
Sunil Chhetri was once again the man of the moment as he struck a brace to inspire India to a 2-0 win over Cambodia in the third round of qualifying for next year's Asian Cup.
In the course of his century, Kohli equalled Ponting's feat of 71 tons. Kohli has now only one name on the list of most centuries above him -- Tendulkar.
Pace spearhead Jasprit Bumrah is also back after missing the Asia Cup because of injury-related issues and Bresnan thinks he will hit his straps straightaway.
As many as 40 staffers, in the key equities and investment banking division in India, could be asked to go as part of the London-headquartered lender's global layoffs, said people aware of the development. HSBC India declined to comment.
Washington will join Axar and KL Rahul at the National Cricket Academy (NCA) for rehabilitation.
Bayern's Mazraoui suffers heart complications due to COVID
'Enterprises have become more demanding in terms of their productivity expectation from their employees.'
Real Madrid striker Ruud van Nistelrooy made his first appearance for the club on Monday since he was sidelined with a serious knee injury in November and underwent surgery.
Former world number one Andy Murray's quest for a first ATP title in over two years ended in defeat at the hands of top seed Aslan Karatsev at the Sydney Tennis Classic on Saturday, with the Russian easing his way to a 6-3, 6-3 win.
Plenty of employees have visions of launching their own ventures. Layoffs are spurring some of them to make the plunge.
Strongly defending job cuts, the state's former information technology secretary Vivek Kulkarni said it is natural in times of recession to stay afloat. Some companies are forcing their managers to give a 'lower-rate' to their employees so that they can be removed, citing 'non-performance'.
Here is what you need to know about their route to the final
How to avoid getting the boot when layoffs loom.
"I have no idea. I have to study the issue. I don't know about it. I am just returning from Bali after attending a labour conference," he told reporters who sought his reaction on Jet's decision to retrench 1,900 employees.
Have you been fired from your job recently? Or do you fear it will happen soon? Here are a few tips on how you can survive a layoff, financially.
Around 1.12 crore domestic passengers travelled by air in December, approximately 6.7 per cent higher than the 1.05 crore who travelled in November, the country's aviation regulator said on Wednesday. Overall, 8.38 crore people travelled on domestic flights in 2021 as compared to 6.3 crore in 2020, showing a jump of 33 per cent, the Directorate General of Civil Aviation (DGCA) stated in its monthly statement. IndiGo -- India's largest carrier -- carried 61.41 lakh passengers in December, a 54.8 per cent share of the domestic market, it mentioned.
League Shield winners Jamshedpur looked off-colour upfront with Daniel Chima Chukwu spurning two gilt-edged chances in the first half and Greg Stewart also missing his usual trickery in the final third.
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