Tech Industry Workforce Shake-Up: A Week of Layoffs

Fill in some text Microsoft, eBay, Flipkart, Swiggy, Riot Games, and TikTok Announce Significant Job Cuts

Microsoft Gaming division to cut around 8% of its workforce, focusing on Activision Blizzard roles Microsoft's Strategic Move: 1,900 Layoffs at Activision Blizzard and Xbox

eBay's CEO addresses workforce reduction, streamlining teams, and improving global customer experience. 9% of jobs to be cut

"eBay's Second Round of Job Cuts: 1,000 Roles Eliminated

Indian e-commerce giant Flipkart, owned by Walmart, trims 5% of its workforce. Reduction viewed as a routine annual performance review exercise

Flipkart Adapts: 1,000 Job Cuts in Annual Performance Review

Swiggy's Pre-IPO Move: 400 Job Cuts in Second Round

Bengaluru-based food tech giant Swiggy to undergo restructuring ahead of IPO. Second round of layoffs targeting 7% of the workforce, primarily in tech call center, and corporate teams."

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"League of Legends developer Riot Games announces a significant 11% reduction in staff. CEO emphasizes necessity due to escalating costs, shifts in operating model,

TikTok's Workforce Changes: 60 Job Cuts in Advertising and Sales Social media giant TikTok trims down its advertising and sales division by laying off 60 employees.

Industry Trends: Tech Giants Navigate Cost Management Challenges

"A recurring theme as major tech companies reevaluate workforce size to align with business goals. Layoffs attributed to cost control, strategic realignment, and preparing for future growth."

Impact on Employees: Navigating Changes in the Tech Landscape

"Employees affected by layoffs urged to explore new opportunities within the companies. Industry-wide shifts underscore the dynamic nature of the tech sector

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or visit us at "Tech industry faces challenges, but also opportunities for innovation and growth. Companies focus on a sustainable future, adapting structures for continued success in a rapidly evolving landscape."