Pixar is expected to lay off up to 20% of its workforce this year, as per reports
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The plan will reduce personnel to approximately 1,80,000 by 2026, down from 2,40,000 at the end of 2022
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The company is looking for engineers in industries, including oil-to-chemicals, oil and gas exploration and production, project management, petrochemicals procurement and contracting, and emerging new energy domains
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This news follows a previous decrease of approximately 40 positions in August
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Infosys headcount decreased by 6,101 people in the quarter ending 31 December, while TCS headcount fell by 5,680 in the same quarter
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In terms of overall layoffs, Amazon eliminated almost 27,000 positions last year
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The reorganisation of certain teams occurs at a time when the company is betting on the increasing usage of generative AI technology
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Through the #ApnaThankYou campaign, the platform aims to create a relatable and supportive environment for individuals navigating the complexities of the job market
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