UP Emerges as Startup Powerhouse with 18,568 Ventures
Uttar Pradesh nurtures a thriving startup culture with over 18,500 active ventures, 8,000 led by women. Discover how state policies are fueling this growth across all 75 districts.
Category : Search result: startup job cuts
Reddit Viral: Manager Delivers Promised Salary Hike
A Reddit post about a manager who kept a promise to review and increase an employee's salary after three months has gone viral, sparking a conversation on workplace trust and accountability in India.
Netflix $72B Warner Deal Faces Hollywood Union Backlash
Hollywood unions warn of massive job cuts and reduced cinema releases as Netflix proposes a $72 billion takeover of Warner Bros Discovery. Read the full story.
Planys raises Rs 100 Cr for global expansion, defence tech
Chennai-based underwater robotics startup Planys secures Rs 100 crore funding to expand globally and commercialise defence products. Read about its AUVs, ROVs, and new production facility.
Man arrested in Coimbatore for Rs 3.5 lakh job fraud
Coimbatore cyber crime police arrest K Arun for cheating a youth with fake overseas job offers. The accused promised a hotel job abroad and took Rs 3.5 lakh. Read the full story.
Over 6,300 DPIIT-recognised startups closed: Govt data
Govt data reveals 6,385 recognised startups are closed, with Maharashtra leading. Despite closures, the sector has generated over 21 lakh direct jobs, highlighting its resilience.
Kochi Visa Fraud: Rs 5 Crore Lost, 25 Agents Held
Kochi police uncover major visa fraud ring shifting from healthcare to blue-collar job scams for Europe & Gulf. Over 25 agents arrested, victims lose Rs 5+ crore. Experts warn of new tactics targeting desperate youth.
Algoma Steel to Cut 1,000 Jobs Due to US Tariffs
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
Baidu Layoffs: 40% Staff Cut After Huge Quarterly Loss
China's Baidu begins massive layoffs affecting multiple units after reporting $1.59 billion quarterly loss. Core advertising revenue drops 18% as AI competition intensifies.
German chemical giant cuts 1,500 jobs globally
German chemical major Wacker Chemie announces 1,500 job cuts, nearly 10% of workforce, to save €300 million annually. Shares rise 2% amid industry downturn.
HP to Cut 6,000 Jobs by 2028 in Major Restructuring
HP announces 4,000-6,000 job cuts by fiscal 2028, adding to earlier layoffs. Learn practical strategies to navigate tech sector uncertainty and protect your career.
Swire Group Cuts 10% Hong Kong Jobs in Restructuring
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Verizon's Massive Layoffs: Ex-CEO's Viral Message
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP Cuts 6,000 Jobs, Apple Reduces Sales Staff
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
HP to Cut 6,000 Jobs, Save $1B Annually with AI
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.
Apple Layoffs Hit US Sales Teams in Strategic Shift
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
Indian CEO: Building for Money is Totally Fine
Hyderabad CEO Jitendra Emmani challenges investor advice, arguing financial ambition is a valid startup driver. His second venture outperformed his passion project, sparking a viral debate.
CEO Debates Investor: Profit vs Purpose in Startups
A Hyderabad CEO's viral post challenges investor advice, arguing building companies for profit is valid. Discover the heated social media debate on entrepreneurship.
Ring Forces Hundreds of Remote Workers to Relocate
Amazon's Ring division mandates hundreds of customer service workers to relocate to central hubs in US and UK as company shifts to AI-powered support system. Read the full story.
Amazon Layoffs Hit Engineers Hardest: 40% Impact
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Gold Falls on Strong US Jobs Data, Fed Rate Cut Doubts
Gold prices declined as robust US September job growth strengthened the dollar and reduced expectations of Federal Reserve rate cuts in December. Market uncertainty prevails.
Verizon Cuts 13,000 Jobs in Largest Workforce Reduction
Verizon announces elimination of 13,000 positions amid competitive pressures. CEO cites need to streamline operations. Discover how this impacts telecom industry.
Verizon Cuts 13,000 Jobs in Major Restructuring
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Startup's 'Patience-Building' Salary Delay Goes Viral
A startup founder's email framing a salary delay as a 'patience-building initiative' goes viral on Reddit, sparking debate on Indian startup culture and employee rights.
PayMate's $20M Hunt After Investor Defaults
Visa-backed PayMate shuts Middle East ops, scrambles for $20M after a key investor fails to wire funds. Salaries unpaid for 9 months, senior exits mount. Full details inside.
Jeff Bezos Creates AI Startup Where He Will Be Co-CEO
Amazon founder Jeff Bezos launches AI startup Perplexity with $6M funding. Discover how this new venture aims to revolutionize artificial intelligence development and research.
Silicon Valley's $1 Trillion Unicorn Quest Reshapes VC
Silicon Valley VCs chase first $1 trillion unicorn as AI boom transforms investment strategies. Learn how Nvidia's $4 trillion success fuels this high-stakes race.
Amazon Layoffs: 14,000 Jobs Cut Via Text-Email
Amazon's text-email layoff strategy marks new corporate downsizing tactics. Learn how companies are evolving termination methods and employee reactions.
Verizon Layoffs: 15,000 Jobs Cut Amid Restructuring
Verizon announces 15,000 job cuts targeting management roles as subscriber growth slows. New CEO Dan Schulman leads restructuring amid rising competition.
Verizon Plans 15,000 Job Cuts in Turnaround Strategy
America's largest telecom Verizon plans 10,000-15,000 job cuts next week as new CEO Dan Schulman implements aggressive turnaround strategy. Read exclusive details.
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