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HomePersonal FinanceNew Layoff: Big news! This company fired 5000 people, know the...

New Layoff: Big news! This company fired 5000 people, know the details

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Layoffs Update: After Facebook, Amazon, Google, now This company has decided to fire a large number of people from its company.



Big news is coming about Germany’s mobile telecommunication company T mobile. T-mobile has announced the removal of 5 thousand employees from its company. After Facebook, Amazon, Google, now T-mobile has decided to fire a large number of people from its company. T-Mobile is actually a subsidiary company of German Telecommunication. Which is related to the mobile communication sector.

Layoffs continue

Companies all over the world are continuously laying off employees. According to the news of Reuters, before this, the American multinational automotive manufacturing company General Motors has also made a large number of layoffs. On Wednesday, the company has fired about 940 employees from their jobs.
The automaker company told that they have laid off these employees from the information technology department of their company. These layoffs have been done from the company’s facilities in Arizona, Michigan, Georgia and Texas.

Layoffs continue in India

Talking about Bengaluru, according to media reports, desi short video based platform Chingari has also announced layoffs by its company. The company has fired about 50 percent of its employees in the second round of retrenchment. It is believed that the company is going through a huge cash crunch. The company has fired employees from the product, customer support, design and marketing departments last week.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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