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Layoffs in US surged 98% in 2023, could worsen this year: Report

US layoffs: Experts warn that the issue may worsen in 2024, with the labour market facing continued softening due to high interest rates and persistent inflation. ....

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Layoffs In US Soared 98% In 2023 And It Could Get Worse This Year, Report Claims

US companies planned 721,677 job cuts last year, a 98% jump from 363,832 layoffs reported in 2022, a new report published by professional outplacement firm Challenger, Gray & Christmas has revealed. ....

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Year-Ender 2023: Byju's, Meesho and Udaan on list of Indian firms that handed pink slips; here are the reasons

Layoffs in 2023: As the sun sets on 2023, a stark reality hangs heavy over the Indian tech landscape - downsizing. Over 15,000 employees across nearly 100 startups were handed pink slips this year, a chilling echo of a prolonged funding winter and challenging global conditions. ....

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Layoffs In 2023 Were 58% Higher Than In 2022; Experts Say Trend To Continue

In India, Byju's laid off the most number of employees at 3,500 in two rounds, followed by Unacademy (12 per cent of total employees), ShareChat (500), Swiggy (380), Ola (200) and Physics Walla (120) ....

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FedEx plans to layoff small percentage of employees

FedEx has announced another round of layoffs, this time in the IT and Finance departments. ....

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