Tech News Desk – Every day some company or the other is announcing that mass layoffs are going to happen soon. Let us tell you that now the company giving jobs is actually going to fire people. Yes, you read it right, the hiring company has actually announced that the company is going to lay off 2200 people. This means that 2200 employees working in Indeed will soon be unemployed, let us tell you that the company is going to show the way out of the company to 15 percent of its total workforce.
The salary of Indeed Company’s Chief Executive Officer ie CEO Chris Hyams can also be cut by 25 percent. The Reuters report said that due to the increase in demand during Kovid, the company had hired people on a large scale and now the company is preparing to show the way out to the people on a large scale.
It has been told in the company’s blogpost that the employees who will be affected due to the retrenchment will be given bonus, month’s salary and many other things from January to March by the company. According to information received from media reports, the company’s human resource technology will see a decline in the company’s revenue in the financial years 2023 and 2024.
In fact, there are some companies that are preparing to start the second round soon after completing the first round of layoffs, and Facebook’s parent company Meta and Amazon have already announced the second round of layoffs. Now the thing to be seen is whether any other company also announces the second round in the coming time or not.