Layoffs News Job Search Platform Will Actually Cut Jobs Of 2200 Employees

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Layoffs News Job Search Platform Will Actually Cut Jobs Of 2200 Employees

Layoffs in Job Search Platform: Now the company providing job search platform has also been included in the list of retrenchment. The company has said that it will lay off its 2,200 employees. On Wednesday, the company said that it would lay off 15 per cent of its total workforce.

According to a Reuters report, this company had hired more people due to increased demand during the Kovid epidemic, but is now preparing to lay off and is planning to lay off a large number of employees.

This company will fire employees

US-based job search platform Indeed has taken such a decision. The company’s CEO Chris Holmes said that the salary of some employees may also be cut by 25 percent. He said that the hiring was done in view of the demand for jobs in the pandemic, but now the company is facing losses.

Employees will get bonus

According to Indeed’s blogpost, affected employees will receive a January to March bonus, regular pay for the month, earned paid time off and access to mental health services. This means that the employees will be paid salary, bonus and other things.

Banking crisis in America!

The economic slowdown continues in America’s banking sector. Four banks have sunk here and are facing constant financial problems. At the same time, a large number of employees are being laid off in the corporate sector. Big companies are laying off employees.

Amazon and Meta will lay off again

Just a few days ago, Amazon and Meta had announced that they are going to lay off their employees. Amazon will lay off 9,000 employees and Facebook parent Meta will lay off 10,000 employees.

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