Samsung, the global tech giant, has announced plans to streamline its workforce in India as consumer demand slows down. The layoffs, expected to impact around 9-10% of its total managerial workforce of…
Tag: workforce
“Why Is It ‘Quiet News’?”: Anupam Mittal raises alarm over Reliance’s massive workforce cuts
In a recent social media post, Shark Tank India judge Anupam Mittal stirred up a storm by drawing attention to a significant workforce reduction at Reliance Industries. The business tycoon expressed his…
Reliance trims workforce by 42000 in FY 23-24 in the name of cost efficiency
Meanwhile, the Ambani’s splurged nearly ₹5000 cr. on cost-effective wedding spectacle News of Reliance Industries’ (RIL) decision to reduce its workforce by a staggering 11%, or some 42,000 staff, in the 2023-24…
Job Cuts Ripple: Nike, Cisco, Snap announce workforce reduction, adding to ongoing wave tech industry layoffs.
The technology sector has commenced 2024 with a renewed round of workforce reductions, further trimming down after extensive layoffs in the preceding year. According to Layoffs.fyi, a startup diligently monitoring industry job…