business
Wipro eliminates mid-level positions as profit margins shrink.
Wipro eliminates mid-level positions as profit margins shrink.
X plans to hire 100 people for its content moderation team.
X plans to hire 100 people for its content moderation staff.
Aurora reduces 3% of its workforce and focuses focus to forthcoming self-driving trucks
Aurora reduces 3% of its workforce and focuses focus to forthcoming self-driving trucks.
Amazon’s French subsidiary was fined €32 million for ‘excessively intrusive’ staff surveillance
Amazon's French subsidiary was fined €32 million for 'excessively intrusive' staff surveillance.
Tech Mahindra adds 6,464 people in the third quarter
Tech Mahindra adds 6,464 people in the third quarter
TikTok cuts expenditures, roles in sales, and advertising.
As part of a reorganisation exercise, Chinese short-video making app TikTok has decided to reduce the size of its sales and advertising teams. This move is aimed at cutting costs and is expected to affect at least 60 employees in New York, Austin, Los Angeles and some locations outside of the US. While the exact number of impacted employees has not been disclosed, some media reports estimate it to be around 100. A townhall meeting has been scheduled for 23 January to discuss this further. TikTok’s US workforce consists of about 7,000 employees, while its parent company, ByteDance, has over 150,000 employees worldwide. In October 2023, TikTok had made headlines when it was reported that the company had asked its managers to give lower ratings to employees during performance reviews. T...
Cult.fit cuts its employment to decrease costs.
Cult.fit cuts its employment to decrease costs.
Lufthansa Group plans to hire around 13,000 new people in 2024
Lufthansa Group plans to hire around 13,000 new people in 2024
