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Read more about the article Why Intel CEO Pat Gelsinger Is Taking a 25 Percent Pay Cut

Why Intel CEO Pat Gelsinger Is Taking a 25 Percent Pay Cut

  • Post published:February 5, 2023

Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss…

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Read more about the article PayPal to Lay Off 2,000 Employees to Cut Costs Amid Economic Slowdown

PayPal to Lay Off 2,000 Employees to Cut Costs Amid Economic Slowdown

  • Post published:February 5, 2023

PayPal Holdings said on Tuesday it is planning to cut 7 percent of its workforce, or about 2,000 employees, the latest in a list of fintech firms to be hit…

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Read more about the article After Amazon, Meta, Now Spotify Planning to Cut Jobs This Week

After Amazon, Meta, Now Spotify Planning to Cut Jobs This Week

  • Post published:January 23, 2023

Spotify Technology SA is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms…

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Read more about the article Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs

Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs

  • Post published:January 21, 2023

Amazon will cut some jobs in the United States, Canada, and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce…

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Read more about the article Google Parent Alphabet Says It Will Cut 12,000 Jobs in Memo

Google Parent Alphabet Says It Will Cut 12,000 Jobs in Memo

  • Post published:January 20, 2023

Alphabet is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters.The cuts mark the latest to shake the technology sector and come days after rival…

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Read more about the article GoMechanic to Cut 70 Percent Jobs After Errors in Financial Reporting

GoMechanic to Cut 70 Percent Jobs After Errors in Financial Reporting

  • Post published:January 19, 2023

Automobile after-sales service startup GoMechanic co-founder Amit Bhasin on Wednesday admitted to errors in financial reporting, following which a forensic audit has been ordered and a business restructuring undertaken which…

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Read more about the article Why Google-Backed ShareChat Decided to Cut 20 Percent of Its Workforce

Why Google-Backed ShareChat Decided to Cut 20 Percent of Its Workforce

  • Post published:January 17, 2023

India's ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20% of its employees at a time when startups are facing…

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Read more about the article Apple CEO Tim Cook Takes 40 Percent Pay Cut, Will Earn $49 Million

Apple CEO Tim Cook Takes 40 Percent Pay Cut, Will Earn $49 Million

  • Post published:January 13, 2023

AppleĀ is cutting Chief Executive Officer Tim Cook's compensation by more than 40 percentĀ to $49 million (roughly Rs. 399 crore) in 2023, citing investor guidance and a request from Cook himself…

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Read more about the article Redmi 11 Prime 5G Gets a Price Cut: Here’s How Much It Costs Now

Redmi 11 Prime 5G Gets a Price Cut: Here’s How Much It Costs Now

  • Post published:December 28, 2022

Redmi 11 Prime 5G with an octa-core 7nm MediaTek Dimensity 700 SoC was launched in India in September this year. Now, few months after its debut, the handset is available…

Continue ReadingRedmi 11 Prime 5G Gets a Price Cut: Here’s How Much It Costs Now