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Spotify joins tech firms in cutting jobs, lays off 6% employees

Spotify joins tech firms in cutting jobs, lays off 6% employees

by Green Earth Spaces | Jan 23, 2023 | Realty

[ad_1] AP | | Posted by Shobhit Gupta Music streaming service Spotify says it’s cutting 6% of its workforce, becoming yet another tech company resorting to layoffs as the economic outlook worsens.CEO Daniel Ek announced the restructuring in a message to...
Cut petrol-diesel prices if crude rate stabilised, under-recoveries down: Petroleum Minister to oil companies

Cut petrol-diesel prices if crude rate stabilised, under-recoveries down: Petroleum Minister to oil companies

by Green Earth Spaces | Jan 22, 2023 | Realty

[ad_1] Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday asked Oil Marketing Companies (OMCs) to cut the retail prices of petrol and diesel if the crude oil prices in the international market come down and also if OMCs under recovery come down.Puri...
Wipro sacks 452 freshers for under performance: Report

Wipro sacks 452 freshers for under performance: Report

by Green Earth Spaces | Jan 22, 2023 | Realty

[ad_1] As the Covid bubble bursts, companies around the world have resorted to layoff drives to restructure their businesses and downsize their workforce. Tech companies, in particular, are laying off a large number of employees. Wipro, one of country’s leading...
Employee laid off at 3 am after more than 16 years with Google: ‘100% disposable…’

Employee laid off at 3 am after more than 16 years with Google: ‘100% disposable…’

by Green Earth Spaces | Jan 21, 2023 | Realty

[ad_1] ‘Big, faceless’ companies such as Google see employees as ‘100% disposable,’ said an Engineering Manager at the tech giant, who saId he is among the 12,000 employees who are being let go by Alphabet Inc, the parent company of the Mountain View-headquartered...
Yes Bank’s Q3 result: Net profit drops 80% to ₹52 crore

Yes Bank’s Q3 result: Net profit drops 80% to ₹52 crore

by Green Earth Spaces | Jan 21, 2023 | Realty

[ad_1] Yes Bank on Saturday posted a drop of 80 per cent in its net profit to ₹52 crore for the quarter ended December, against ₹266.43 crore in the corresponding quarter the previous year. The lender said it was largely impacted due to ageing-related provisions.The...
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