Great Learning Team
June 26, 2022
Netflix laid off around 300 employees in the 2nd round of layoffs in 2022. During the first round, around 150 employees were laid off, mainly in the U.S across departments.
Source: India Today
Microsoft had 1800 job cuts in 2022 which affected various groups including consulting and customer and partner solutions and were dispersed across geographies.
Source: Business Standard
Popular ed-tech company Vedantu, which has a total of 5900 employees, has laid off around 424 employees in 2022 which is around 7% of its worforce.
Source: India Today
In 2022, Unacademy laid off nearly 600 employees(about 10 per cent of its 6,000-strong workforce) as part of performance improvement programme (PIP).
Source: India.com
Cars24, a marketplace for used cars, has laid off about 600 people just months after closing a $400 million financing round in an attempt to steer through the gloomy market conditions.
Source: ET