Search Results for: job cuts

It's Heathrow vs Emirates face-off; UAE's flag carrier refuses to cancel summer flights [details]

Emirates airline has blatantly refused to comply with Heathrow Airport's order to cut capacity to and from west London airport, triggering an unusual face-off between a carrier and an airport.

Jul 14, 2022

Another Rs 1,200 cr vanishes from BYJU'S funding round: Report

A whopping Rs 1,200 crore from a US-based company, recently announced by BYJU'S as a funding round, has gone off track, according to a media report.

Jul 11, 2022

K'taka asks IT firms to extend work from home for techies till next Dec

Indian startups in US face pressure, many lose jobs; Here's why

As the tech and startup sector gets hammered by economic meltdown, more that 22,000 workers in the sector have lost jobs in 2022, along with more than 12,000 in the Indian startup ecosystem.

Jul 4, 2022

5 job portals to help you in finding the right job in 2022.

Over 22K techies lose jobs in US; more than 12K in Indian startups [details]

As the tech and startup sector gets hammered by economic meltdown, more that 22,000 workers in the sector have lost jobs in 2022, along with more than 12,000 in the Indian startup ecosystem.

Jul 3, 2022

Mumbai's Aarey car shed row intensifies: Environment issue turns into proxy battle between Shiv Sena and BJP [Timeline]

The dispute over the construction of a metro car shed at Aarey goes back to 2014, with Thackeray government's decision to move the car shed to Kanjurmarg being a bone of contention between two former allies

Jul 2, 2022

BYJU's cuts 600 jobs as edtech space shrinks in India [details]

In a big overhaul as the Indian edtech space shrinks considerably, online learning giant BYJU's has cut at least 600 jobs -- asking 300 employees at its Toppr learning platform and another 300 at coding platform WhiteHat Jr to go.

Jun 29, 2022

VC firm Backstage Capital cuts workforce; Startups lay off 20,000 since April

Several tech startups have laid off over 20,000 employees the world over since April, while more than 10,000 have lost jobs in India led by edtech platforms.

Jun 27, 2022

Electricity used to mine Bitcoin decreased sharply as crypto crisis widens [In-depth]

The electricity consumption of the bitcoin network has fallen by a third from its high of 11 June, down to an annualised 131 terawatt-hours a year, according to estimates from the crypto analyst Digiconomist.

Jun 25, 2022

Crypto market flip-flops unlikely to stem slump, companies announce over 1,700 layoffs so far in June alone

Multiple crypto exchanges have announced layoffs that will, by Insiders' calculations, add up to roughly 1,700 job cuts in total.

Jun 22, 2022

Musk wants Twitter to emulate WeChat, allowing "outrageous" comments

In his first direct call with Twitter employees, Elon Musk briefed them about his plans once he takes over the platform, including making it more like TikTok and WeChat and allowing "outrageous comments".

Jun 17, 2022

Elon Musk hints layoffs at Twitter, says "costs exceed revenue"

Elon Musk has told Twitter employees that the platform "needs to get healthy" financially and bring down costs, suggesting that job cuts are likely in store if his deal goes through.

Jun 17, 2022

Rajnath Singh warns PAK against its "bleed India" policy; vows to foil evil designs [details]

Defence Minister visits forward areas of J&K; reviews security scenario on the Line of Control (LoC) and hinterland.

Jun 16, 2022

US Fed makes rate hike of 0.75 percentage points, highest since 1994

To tame the inflation that is at its highest in 40 years, the US Federal Reserve raised the interest rate by 0.75 percentage points, the biggest since 1994

Jun 16, 2022

Moody's Analytics sees another 60-80 bps hike in repo rate this year

Hours after the Reserve Bank of India raised key lending rates, or repo rate, by 50 basis points to 4.9 per cent, global financial services company Moody's Analytics said the central bank could hike the repo rate by another 60 to 80 basis points through the rest of the year.

Jun 9, 2022

RBI says further cut in state VAT on fuels can soften inflationary pressure, expectations

A further reduction of state value added taxes on petrol and diesel across the country would certainly contribute to softening of the inflationary pressures as well as the inflationary expectations, said the Reserve Bank of India Governor Shaktikanta Das on Wednesday.

Jun 8, 2022

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