Why Did ReshaMandi, The Tech Startup Fire Over 80% of Its Workforce?

21 Jun 2024

ReshaMandi, the Bengaluru-based B2B marketplace known for its silk yarn products, has faced a major setback, laying off 80% of its workforce due to its failure to secure Series B funding. This significant downsizing has been ongoing since last year, with the company shrinking from 500 employees in January 2023...

Layoffs In India’s Tech: Ola, Flipkart, Byju’s, Swiggy Among 20 Companies Cutting Jobs In 2024

06 Jun 2024

The layoffs in India’s tech market is experiencing significant layoffs, along with other global job market. Large new-age companies such as Swiggy, Ola, and Paytm have been cutting down their workforce since January 2024. Here is a compilation of Indian firms that have laid off their employees this year: Simpl...

Tesla Sends Chilling Layoff Email To Employees–Check Here

07 May 2024

Tesla's layoffs extended into the fourth week as more employees took to social media to share news of their termination. This followed reports indicating that the latest round of layoffs affecting various departments had commenced, including software, services, and engineering. Over the weekend, Tesla employees disclosed receiving termination notices. The...

Amazon and Google Halt US Green Card Applications For Immigrants Amid Tech Layoffs

03 May 2024

Amazon and Google have paused US green card applications for immigrants for the remainder of 2024, amidst recent layoffs by tech giants like Microsoft. This move has intensified competition, making the situation more challenging for foreign workers. The suspension of the green card application process could make it more difficult...