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Looks like layoffs ended


Manishican

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44 minutes ago, Manishican said:

Everyone has lot of money. People buying multiple homes. Only few layoffs in tech companies. No one listening.

Correct e kaani. That money will burn quickly when multi udyogam evaporate. But still people have enough just well planning unte easy to sustain mild recession 

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37 minutes ago, Paamu said:

Correct e kaani. That money will burn quickly when multi udyogam evaporate. But still people have enough just well planning unte easy to sustain mild recession 

Multiple jobs leni vaallu also have lot of money. No one listening 

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BT will shed as many as 55,000 workers by 2030

BT Group is planning to slash up to 55,000 jobs in the next five to seven years as it makes greater use of technology, including artificial intelligence, to cut costs and simplify its business.

The UK telecom company said Thursday that its total workforce would fall to between 75,000 and 90,000 by 2028-2030, from 130,000 at present. That includes BT employees and contractors supplied by a third party.

Shares in the company tumbled 8% in London, as higher expenditure leading to a drop in free cash flow disappointed investors.                                                                                                     https://edition.cnn.com/2023/05/18/tech/bt-job-cuts/index.html

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14 hours ago, phatposts said:

Definitely not over. Maaku layoffs levu kaani, cost cutting oka range lo going. Every penny spend monitoring, FTE vellipothe backfill ki chala kashtam, etc

Which company bro?

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1 hour ago, andhra_jp said:

BT will shed as many as 55,000 workers by 2030

BT Group is planning to slash up to 55,000 jobs in the next five to seven years as it makes greater use of technology, including artificial intelligence, to cut costs and simplify its business.

The UK telecom company said Thursday that its total workforce would fall to between 75,000 and 90,000 by 2028-2030, from 130,000 at present. That includes BT employees and contractors supplied by a third party.

Shares in the company tumbled 8% in London, as higher expenditure leading to a drop in free cash flow disappointed investors.                                                                                                     https://edition.cnn.com/2023/05/18/tech/bt-job-cuts/index.html

Idhi UK kadha.

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