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The Spain and its people have risen to a protest against the government which announced budget cut which is about 14% due to which Primary, secondary, colleges and universities have been affected. Therefore laying off and increase in the tuition fees was a natural phenomenon. All the teachers, staff, students and young parents which were affected by the cut down were encouraged to participate in the 'One Day Strike' in Madrid, Spain. The protestors wearing Green T-shirts, is a symbol of the rejection of José Ignacio Wert reforms and wants him to resign.

The company will also close its Estonian production units in Lasnamäe and Ahtme this year, which produce approximately 33% of its collections. The move is expected to lay off around 340 employees.

Twitter laid off up to 336 employees across the company on Tuesday, as the social network plans to revive growth and streamline its operations.

Yahoo reported better-than-expected earnings in its first earnings call with new CEO Scott Thompson, but questions remain about the future of its Asian assets.

Google, Meta, & other major tech companies across the globe are laying off thousands of employees and their share prices plummeting. How will they overcome the crisis.