Monday, April 29, 2024
HomePersonal FinanceLayoffs 2024: Now this tech company is laying off 700 employees, know...

Layoffs 2024: Now this tech company is laying off 700 employees, know what is the reason

Layoffs: This tech company has decided for mass layoffs. Let us know how much impact this will have on the employees working in India.

Salesforce Layoffs 2024: With the beginning of the year 2024, the process of layoffs (Tech Layoffs 2024) has started in many tech companies. According to the report of Wall Street Journal, the big tech company Salesforce has decided to fire about 700 employees i.e. 1 percent of its workforce in the latest round of layoffs (Salesforce Layoffs 2024). Before this, American tech companies Amazon, Google etc. have also announced large-scale layoffs at the beginning of the year.

How much will it affect India?

Salesforce also operates in India and its offices are located in Delhi, Mumbai, Bengaluru, Hyderabad, Pune and Jaipur. In January last year, the company had decided to lay off 10 percent of the employees in its global workforce (Salesforce Layoffs). After this, in September 2023, the company had also announced the recruitment of 3,000 people. According to Layoffs.fyi, a portal that keeps track of layoffs data, since the beginning of 2024, more than 85 tech companies around the world have laid off 23,770 employees.

These tech companies announced layoffs in 2024

World’s leading tech company Microsoft has announced the layoff of 1900 employees in its gaming division Activision Blizzard. Apart from this, online retail company eBay Inc has decided to show the exit to 9 percent of its total workforce i.e. 1000 people.

Google CEO Sundar Pichai had also talked about large-scale layoffs in the company last week. E-commerce company Amazon has decided to fire 500 employees in its streaming unit Twitch. Many experts believe that in the coming times, many more big tech companies may lay off employees on a large scale.

Read this: Rule Change: From home loan to NPS… many big changes are going to happen in February

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments