After Sony's announcement, EA joins layoff trend, targets 670 employees
Technology | February 29, 2024 12:45 ISTElectronic Arts, a popular video gaming company, is cutting around 670 jobs, which is about 5 per cent of its employees.
Electronic Arts, a popular video gaming company, is cutting around 670 jobs, which is about 5 per cent of its employees.
Salesforce is cutting around 700 jobs, around 1 per cent of its workforce, marking a trend in the tech industry where companies like Google and YouTube are also making layoffs in 2024.
Microsoft is cutting 1,900 jobs at Activision Blizzard and Xbox, around 8 per cent of its gaming division, following the recent acquisition, with Activision Blizzard's President also deciding to leave.
Flipkart is reportedly letting go of 1,000 employees, around 5 per cent of its workforce, after a year of freezing hiring and not providing salary increments.
eBay is letting go of 1,000 employees (9 per cent of its workforce) to make the company more efficient, despite making a profit, and similar changes are happening in other big companies too.
Google CEO Sundar Pichai alerts employees about upcoming job cuts as part of the company's restructuring, aiming to simplify operations and drive progress toward ambitious goals.
Google has announced layoffs impacting 1,000 employees, offering support for affected individuals to re-apply for positions and providing transition assistance.
Amazon has been pulling up to lay off hundreds of employees in its Prime Video and MGM Studios segment. The company has started notifying the workers in the US and will inform most of the region by the end of this week.
According to the leaked details, the minimum salary for an entry-level Microsoft employee is $42,500. At this level, the company does not extend hiring bonuses or stock awards to its employees.
The 'Top Startups List 2023' by LinkedIn offers insights into emerging Indian companies, guiding professionals seeking industry transformation.
Zoom's decision has generated varied responses on social media platform X (formerly Twitter). Some users expressed surprise, wondering why Zoom even had an office building if they were primarily known for enabling remote work.
In January, Microsoft laid off 10,000 employees, which accounted for about 5% of their total workforce. The CEO of Microsoft, Satya Nadella, mentioned in a blog post that even though the company was reducing jobs in certain areas, it still planned to hire new employees in other important areas.
The widespread job cuts in the global tech industry, including in India, show how the changing economy is affecting companies. To overcome these challenges, businesses are focusing on restructuring and improving their operations to keep growing in a fast-paced and ever-changing world.
By manufacturing semiconductor chips domestically, India can potentially enjoy cost advantages, which could ultimately lead to more affordable mobile laptops for consumers.
The US National Science Foundation has revealed 35 research collaborations with India's Department of Science and Technology, along with a new cooperative agreement with the Indian Ministry of Electronics and Information Technology to focus on emerging technologies.
Featuring the latest Up-to-13th Generation Intel Core i5-1340P processor, the ASUS AIO A5 Series combines premium quality with a minimalistic design.
In a social media post, UK Prime Minister Rishi Sunak can be seen standing alongside the iconic door of 10 Downing Street, featuring a unique message spelled out using binary code.
Apple stores in Mumbai and Delhi are reportedly generating impressive monthly revenues of 22-25 crore, while the rent for the Delhi store is just Rs 40 lakh per month, indicating substantial profitability for the company.
Amazon’s workforce, in warehouses and offices, doubled to more than 1.6 million people in about two years. But demand slowed as the worst of the pandemic eased. The company began pausing or cancelling its warehouse expansion plans last year.
CES 2023 is not allowing Russian companies to display their technology products at the event. The reason is the country's invasion of Ukraine and harming so many commoners.
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