Why Google Stadia is Shutting Down?

Create image :- google

Google

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Microsoft

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Twitter

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Intel

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Amazon

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Swiggy

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Why Google Stadia is Shutting Down?

Google

Google's parent company Alphabet announced 12,000 job cuts, its CEO Sundar Pichai said citing the company's slow growth.

Microsoft

The US tech giant said it would cut 10,000 jobs by the end of the third quarter of fiscal 2023.

Meta

Facebook parent company Meta eliminated 11,000 jobs, or 13% of its workforce amid a weak advertising market and mounting costs.

Twitter

Elon Musk's Twitter announced further job cuts in 2023, saying that it will let go of 3,700 more employees.

Intel

While Intel did not give out any number, its CEO Pat Gelsinger told Reuters 'people actions' would be part of a $3 billion cost-reduction plan.

Amazon

Citing 'uncertain economy' and 'rapid hiring' Amazon said it will fire 18,000 employees. Several Indians have been laid off as a result.

Swiggy

Swiggy CEO Srihisha Majety in an internal note to employees said that the company will lay off 380 employees.