Skip to content
growdemy logo
  • Home
  • Explore
  • Blog
  • Contact us
Menu Close
  • Home
  • Explore
  • Blog
  • Contact us
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…

Continue ReadingWhy Intel CEO Pat Gelsinger Is Taking a 25 Percent Pay Cut
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…

Continue ReadingPayPal to Lay Off 2,000 Employees to Cut Costs Amid Economic Slowdown
Read more about the article TV prices won’t fall soon despite tax cut on open cell parts

TV prices won’t fall soon despite tax cut on open cell parts

  • Post published:February 2, 2023

Presenting the Union budget on Wednesday, finance minister Nirmala Sitharaman halved the customs duty on parts to produce open cells to 2.5%, “to promote value addition in manufacturing of televisions."…

Continue ReadingTV prices won’t fall soon despite tax cut on open cell parts
Read more about the article SAP to cut 3,000 jobs after profit plunges

SAP to cut 3,000 jobs after profit plunges

  • Post published:January 26, 2023

Software company SAP SE joined the ranks of tech companies announcing job cuts this year, saying it would shed up to 3,000 positions after a steep profit drop in late…

Continue ReadingSAP to cut 3,000 jobs after profit plunges
Read more about the article Spotify to cut 6% of its staff in latest tech layoffs

Spotify to cut 6% of its staff in latest tech layoffs

  • Post published:January 23, 2023

Spotify Technology S.A. will cut its workforce by about 6% as part of broader cost-cutting measures, Chief Executive Daniel Eksaid in a note to staff on Monday. …

Continue ReadingSpotify to cut 6% of its staff in latest tech layoffs
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…

Continue ReadingAfter Amazon, Meta, Now Spotify Planning to Cut Jobs This Week
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…

Continue ReadingAmazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
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…

Continue ReadingGoogle Parent Alphabet Says It Will Cut 12,000 Jobs in Memo
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…

Continue ReadingGoMechanic to Cut 70 Percent Jobs After Errors in Financial Reporting
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…

Continue ReadingWhy Google-Backed ShareChat Decided to Cut 20 Percent of Its Workforce
  • 1
  • 2
  • Go to the next page