Entertainment conglomerate #Disney after eliminating 7,000 jobs in February, is now again considering to #layoff at least 4,000 current employees in April.

Read here: https://www.livemint.com/companies/news/disney-mulls-to-lay-off-at-least-4-000-current-employees-in-april-report-11679227469561.html

#Byju's continues to #layoff employees as part of their cost cutting.

On Monday the edtech company was reported to have laid off around 1,000 employees in the past few days.

https://livemint.com/companies/news/byjus-laid-off-employee-shares-ordeal-on-linkedin-says-was-available-24-7-but-was-asked-to-resign-immediately-11687253256543.html

#Google has laid off its director of News Ecosystem Development, Madhav Chinnappa, who had worked for the company for 13 years.

He announced the #layoff on #LinkedIn, but added that he is in a privileged position to have time to figure out his next move.

Read here: https://www.livemint.com/companies/people/indianorigin-director-of-google-news-laid-off-after-13-years-of-service-says-in-privileged-position-to-figure-out-11690273127192.html

#Amazon acquired livestreaming platform #Twitch is set to #layoff at least 500 employees, or about 35 per cent of their staff, a report by Bloomberg, quoting people familiar with the developments said.

The latest layoff joins the list of job cuts in the company.

Read here: https://www.read.ht/Rdjq

Elon Musk's #Tesla reportedly laid off nearly 16,000 employees, amounting to more than 10 per cent of its global workforce.

The #layoff has affected many Indian and Chinese employees who are now grappling with the tight #H1B visa deadline.

https://www.livemint.com/news/trends/tesla-lays-off-over-16-000-employees-many-face-h-1b-visa-deadline-elon-musk-indians-11715083884967.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

US banking firm, #WellsFargo terminated over a dozen employees after catching them faking their work activity with the help keyboard simulation, according to a report. #layoff

Read here: https://www.read.ht/SbQd

🚨Top 7 news on July 3

👉 #Sensex tops 80,000 mark for the first time, Nifty 50 edges toward 24,300
👉 #RohitSharma sends out open invite to #TeamIndia fans for victory parade at Marine Drive on July 4
👉#Unacademy to record best year of growth, ignore rumours: CEO Gaurav Munjal clarifies after latest #layoff round

Read here:
https://www.livemint.com/news/top-7-news-on-july-3-sensex-tops-80-000-mark-t20-wc-victory-parade-emcure-pharma-ipo-hemant-soren-return-more-11720013179203.html

#Intel Corp. is set to cut thousands of jobs to cut costs and revitalize its market position.

The announcement could come this week ahead of its Q2 earnings report. #Layoff

Read here: https://www.read.ht/Sbgw