Massive Layoffs Worldwide!!

Sindujaa D N
Layoffs: From local to global level .. Companies that lay off employees!
Companies from various countries from india to the rest of the world are laying off employees. Various companies from local to international are laying off employees to cut costs. These are mostly tech companies. This has caused panic among the staff. Various companies in india have recently laid off employees. These are mostly educational start-ups (EdTech Startup) companies. Big companies like Netflix and tesla have also laid off employees.
Education start-ups like Unacademy, Lido Learning, Vedantu and BYJU's have laid off a large number of employees to cut costs. Apart from this, Whitehat Jr, which owns Byjus, has also laid-off employees to cut costs. In this line, Udaan, which is currently operating with its headquarters in Bengaluru, has also laid off around 200 employees. If this is the case locally, even the largest companies in countries like the united states are laying off employees. Netflix has laid off around 300 employees to cut costs. Similarly, tesla has also laid off around 200 employees. All these are the signs that every company is in need of experienced professionals and they aren't ready to spare timings with new joiners.
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