Layoff In 2024: After Amazon, the next name in the list of companies preparing for layoffs is Flipkart, which is owned by Walmart. The giant company has also prepared a plan to cut its workforce. According to reports, Flipkart is reviewing the performance of its employees and this process could be completed by March-April 2024.
Based on this review, it could reduce 5-7 percent of its total workforce, which amounts to about 1500 employees. It is noteworthy that the company has currently halted its new hiring process. However, Flipkart has not made any official comment on this layoff.
600 employees will be laid off at Blackrock The third company to prepare a list of layoffs in the new year is Blackrock, the world’s largest asset management company. Its management has indicated that it will reduce its current workforce by about 3 percent. According to reports, Blackrock had 19,800 employees by the end of December 2022 and based on this, it could lay off about 600 employees. According to reports, the layoff is not limited to any one team.
Hundreds of jobs will go at Google The world’s largest search engine Google has also announced layoffs in the new round after laying off about 12,000 employees in recent years. According to Business Today, Google will lay off hundreds of employees from its digital assistant, hardware and engineering teams. The company is taking this step to reduce its expenses.
Unity and Duolingo also have layoffs The next name in the list of companies that started the layoff wave from the new year is Unity, a gaming company. According to information from the US Securities and Exchange Commission, it plans to lay off about 25 percent of its current workforce. This could involve laying off about 1800 employees.
In addition, according to CNN, Duolingo, a US Edtech company, has also started a large-scale layoff process. The company has laid off about 10 percent of its employees. The company says it has removed contract workers and no full-time employees are included in this layoff.
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