PayPal also implemented layoffs on January 30, with 2500 workers being asked to resign, reducing the company's workforce by 9 per cent.
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eBay joined the trend on January 23, announcing 1000 job cuts to reduce its staff count by 9 per cent.
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Flipkart, the Walmart-backed e-commerce company, laid off 1100 employees on January 8, affecting 5 per cent of its staff.
Image Source : File
Microsoft followed suit with its own round of layoffs on January 25, asking 1900 employees to leave the company.
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Google recently announced its latest round of layoffs on January 10, resulting in 1000 workers losing their jobs. Alphabet's CEO, Sundar Pichai, cautioned employees to expect more job cuts in 2024.
Image Source : File
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