Oyo Lays Off 600-800 Employees In Fresh Restructuring: Report
Beleaguered hospitality companies are still trying to come to terms with the coronavirus pandemic. Oyo Rooms has laid off 600-800 employees in a…
Beleaguered hospitality companies are still trying to come to terms with the coronavirus pandemic. Oyo Rooms has laid off 600-800 employees in a…
When people start to think about what career they wish to pursue, the health care sector is a popular choice. Becoming a pharmacist…
With technological advancements, both the way we look for jobs and the way recruiters evaluate candidates are changing. Before you begin to look…
The current COVID-19 recession doomed almost every industry and company in the world. Even after everybody saw it coming, it was still overwhelming…
India’s economy has been slowly opening up over the last few weeks, but the coronavirus layoffs aren’t quite yet over. Swiggy has just…
In present scenario there is new kind of a virus, something that the world had never seen before, known as the Coronavirus, first…
The US administration under President Donald Trump issued an executive order on Tuesday that suspends issuance of fresh H1B and other work visas…
In 2017, 16% of all workplace-related deaths were caused by violence. In that year alone, 807 workers were killed while they were doing…
By now the huge economic impact of the coronavirus pandemic is apparent. With extended lockdowns prevalent around the world and economies being almost shut for 3 months since March now, companies have faced a loss of revenue, burned their cash on fixed costs and employees, and have had to resort to all means of cost-cutting. One of the biggest pitfalls of these cost-cutting measures has been instituting large-scale layoffs. While larger companies in India like Reliance, Infosys, TCS, ITC etc. have instituted paycuts across the aboard and levied a hiring freeze, India’s vaunted startups have had to take rather extreme measures to conserve capital and stretch their VC dollars. While a few have tried reimagining their core business and pivoted to offer newer product market fits for a Covid19 ravaged world, they have also had to let go large chunks of their workforce to cut costs. News of layoffs across startups has been coming in thick and fast. Here’s a list of all the startups that have had publicly announced layoffs so far. This list will be updated in real time as and when we get hold of them.