Veteran companies of the country and the world are running a hunt for layoffs on employees. Twitter was at the fore in showing employees the way out. Facebook-owned company Meta is also not far behind. The matter is not limited to global, many companies including edutech company Byju’s in India have done layoffs. Know how many layoffs have taken place in the country and the world…
In November, Twitter has shown 50 percent of its staff the way out. This list includes well-known companies like tech company Intel, social media company Meta, Shopify.
In the US alone, tech companies pulled out more than 50 thousand companies in October.
Indian companies Byju’s, Blinkit and Unacademy have not been behind in showing the way out to the employees.
Layoffs have become a trend across the world. To find out what employees think about this, research firm UpCity surveyed 600 tech professionals. Many interesting things came out in the survey.