Google is another Big Tech company expected to take harsh steps to reduce its headcount in early 2023. Google layoffs in 2023 could see as many as 11,000 employees lose their jobs. aaa
Online payments solutions provider PayU has laid off close to 150 employees, less than 6 per cent of its total workforce, as part of an "organisational realignment". PayU Layoffs: Digital Payments Firm Sacks Around 150 Employees as Part of ‘Organisational Realignment’.
A couple of weeks back, in a move that surprised everyone, PayU called off its biggest acquisition to buy Indian payments gateway firm BillDesk for $4.7 billion.