layoffs

My11Circle Parent Games24x7 Begins Layoffs, 400 Jobs on the Line Amid Regulatory Crisis

Games24x7, the parent company of the popular fantasy sports platform My11Circle, has initiated a large-scale layoff process that is expected to impact approximately 400 employees. The move comes as the online gaming sector reels from a new government ban...

GroupM’s Global Shake-Up: Layoffs Loom Amid Rebrand

In a move signaling a significant overhaul of its global operations, WPP's media investment arm, GroupM, is reportedly considering workforce reductions as part of a broader restructuring and leadership shake-up. This development follows reports of GroupM's impending rebranding to...

Disney Cuts 6% of Workforce at ABC News and Entertainment Networks Amid Industry Shift”

The Walt Disney Company is set to lay off approximately 200 employees, representing about 6% of its workforce at ABC News Group and the Disney Entertainment Networks division. This restructuring is part of Disney's broader strategy to adapt to...

Meta’s Internal Leak Scandal: 20 Employees Terminated Amid Confidentiality Breach

In a decisive move to safeguard its internal operations, Meta Platforms Inc., formerly known as Facebook, has terminated approximately 20 employees for leaking confidential company information. This action underscores the tech giant's commitment to maintaining internal security and the...

Meta Employees cry foul for layoffs

Meta Platforms Inc., the parent company of Facebook, has recently initiated a significant round of layoffs, aiming to reduce its global workforce by approximately 5%, which translates to around 3,600 employees across Europe, Asia, and the United States. The...

NCLT Reprimands Dunzo Over Debt Settlement Delays, Sets November Hearing

The National Company Law Tribunal (NCLT) Bengaluru bench has strongly criticized Dunzo Digital Pvt Ltd for its prolonged delay in settling outstanding debts with creditors, despite being granted multiple extensions. During a recent hearing, Justices K Biswal and Manoj...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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