Company layoffs articles

  • Ola Cabs CEO Hemant Bakshi resigns; company to layoff 200 employees

    Ola Cabs chief executive Hemant Bakshi is leaving just three months after the ride-hailing company publicly announced his appointment, with founder Bhavish Aggarwal once again taking over the reins at the firm, people in the know told ET.The company will also undertake a restructuring that will see at least a 10% reduction in headcount, impacting about 200 employees, the people said.Bakshi joined Ola Cabs in the middle of September 2023, but the company publicly announced it only in January this...
  • Google layoffs: Sundar Pichai-led company fires entire Python team for ‘cheaper labour’

    Google layoffs: Google has laid off several employees in the past few weeks. The company witnessed recent cuts in its Python section as the entire team was laid off owing to Google's plan to reduce costs by hiring less expensive labor outside the United States, Free Press Journal reported. The company plans to set up a new team in Munich, Germany which would act as "cheaper" labour, the report claimed.: Elon Musk's big wins in China: Hurdles cleared, Baidu pact and this breakthroughAs per the...
  • " I almost cried out": Former Google employee shares heartbreaking story after company announces layoffs

    Many Google’s employees, including its entire Python team, were laid off as a result of a recent cost-cutting move by its parent company, Alphabet.The tech giant's decision affected several tech migrants throughout the industry. One of Google’s former employees took to LinkedIn to share the account of when he realised his time at the company was over.Related ArticlesGoogle reportedly fires entire Python team: Are Python developers still relevant in the age of AI?Google layoffs: Sundar...