Google India fired more than 450 employees, country head wrote a mail.
Veteran tech American tech company Google India has fired more than 450 employees in different departments in India.
Information about the layoffs from the company was mailed to the affected employees late on Thursday night.
According to a leading news agency and media reports, Google Country Head and Vice President Sanjay Gupta gave this information to the employees through email.
However, nothing has been said officially by Google on this. It is not yet clear whether these 453 layoffs are part of Google’s global layoffs of 12,000 employees.
https://aamnewsnetwork.com/adani-hindenburg-row-center-agrees-to-set-up-an-expert-committee/
Lay off 12000 employees.
Last month, 12,000 employees were laid off by Google’s parent company Alphabet. During this, CEO Sundar Pichai said that this decision had to be taken due to the slow growth of the company.
Google going through a change.
Google is going through a change these days. The company has discontinued the gaming platform Google Stadia.
At the same time, Neil Mohan of Indian origin has been appointed as the CEO of YouTube on 16 February.
Retrenchment going on in tech companies.
Due to the increase in inflation and increase in interest rates in western countries including America, a period of recession is being seen.
In the month of January itself, Microsoft laid off 10,000 employees and 5 percent of the total workforce. At the same time, Amazon has laid off 18,000 employees.
Last year, Meta laid off 11,000 employees, accounting for 13 percent of its total workforce. Also, there are reports of layoffs from other big tech companies as well.
Bank FD Interest: Up to 8.10 percent interest is now available in FD, DCB, and IDBI Bank increased the rates.
The interest rate on FDs of less than two crores has been increased by private sector banks DCB Bank and IDBI Bank.
The hike in FD interest rates by both banks comes at a time when the RBI has recently increased the repo rate by 25 basis points to 6.50 percent.
After this increase, DCB Bank is giving a maximum interest of 7.60 percent to general citizens and up to 8.10 percent to senior citizens.
At the same time, in IDBI Bank, now a maximum of 7.25 percent interest is being given to general investors and up to 8 percent to senior investors.
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