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Christmas breaking – 44% of Leaflink’s workforce has been laid off

Christmas breaking – 44% of Leaflink’s workforce has been laid off

LeafLink is a well-known cannabis tech company, in New York. This week this company laid off 80 workers, which is around 44% of the workforce. By December about 180 workers had left the platform. Via

Xiaomi Layoffs 2022: Chinese Phone Maker Xiaomi Slashes 15% Workforce

Xiaomi Layoffs 2022: Chinese Phone Maker Xiaomi Slashes 15% Workforce

The news was reported by the South China Morning Post, based in Hong Kong. It cited social media posts from affected employees and local Chinese media.  According to the newspaper, social media platforms in China,

Why Do Companies Tend To Layoff Employees During Christmas?

Why Do Companies Tend To Layoff Employees During Christmas?

You might have noticed the usual layoffs around Christmas every year. But do you know the reason why companies layoff before christmas? Let’s reveal the harsh truth! The second-highest month for layoffs is frequently December.

Goldman Sachs layoffs, to cut thousands of jobs

Goldman Sachs layoffs, to cut thousands of jobs

Goldman Sachs is reportedly going to lay off around 4,000 employees, as the global bank is looking to cut costs to tackle the drop in its profitability. The layoffs at Goldman Sachs are expected to

Tech layoffs: Freshworks dismisses 90 team members

Tech layoffs: Freshworks dismisses 90 team members

Globally, Freshworks has over 5200 people, however it is now laying off 90 employees from areas like sales, marketing, and engineering.  Reportedly, the company's CEO and founder, Girish Mathrubootham, issued an email to staff explaining

Virtusa employees in Chennai being forced to resign

Virtusa employees in Chennai being forced to resign

Virtusa, the IT company based out of Massachusetts in United States, which has office locations across India in states of Tamil Nadu, Karnataka, Telangana, Maharashtra and Haryana. According to media reports, the company is forcing

The Washington Post to start layoffs, also from newsroom

The Washington Post to start layoffs, also from newsroom

The Washington Post has become the latest company to join the club of companies and firms cutting lose their employees in face of looming recession and rising inflation. The newspaper has announced of beginning layoffs

Lenovo begins layoffs in United States

Lenovo begins layoffs in United States

One of the largest technology sector employers in North Carolina's Research Triangle, Lenovo has confirmed on Monday that the layoffs are going to affect its local US workforce. According to employees, the job cuts had

How will the tech layoffs affect the H-1B Visa Workers?

How will the tech layoffs affect the H-1B Visa Workers?

The holiday season is among the nicest times of the year for some people. It's unfortunately the worst of times for those with H-1B visas who work in the technology industry. Workers with specialised sophisticated

Cisco begins layoffs by 5% of its workforce

Cisco begins layoffs by 5% of its workforce

As part of the mass layoffs announced last month, Cisco Systems Inc has joined the bandwagon of big tech companies laying off their employees. The company has reportedly begun layoffs by cutting loose about 5