Microsoft-owned LinkedIn, which has 20,000 employees, has grown revenue each quarter during the last year, but it joins other major tech companies including its parent in laying off workers.
More than half of the layoffs will affect staff at its non-billable corporate functions, the IT company said, sending its shares up more than 4% before the bell.
Pandemic-driven enthusiasm around digitisation & technology drove companies to go on hiring spree, which came to screeching halt towards later part of 2022, as workforce reductions started.
The number of layoffs in the first half of 2021 went up to 32,000. Most of these job cuts were at Disney’s parks and experiences, which were forced shut due to the pandemic.
Good work is simply not enough to stay employed, especially during a crisis. These are the times when your professional relationships play an important role.
Layoffs are likely to take place next month from the cloud kitchens across 10 tier 1 and tier 2 cities, which operate Swiggy-owned Homely and The Bowl Company.
Country's used lithium-ion battery problem is also set to grow sharply in next decade. India 3rd largest e-waste producer with 7% global share but currently recycles only about 10% of it.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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