Explore the latest Layoffs news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
Cisco all set for a turbulent and massive layoff. The firm is about to shred of its workforce as ...
According to reports, an American social media company, Twitter has sacked nearly employees afte...
A leading global investment banking, securities, and investment management firm, Goldman Sachs will ...
An American cloud-based software company, Salesforce will be laying off employees in a fresh round of layoffs according to Protocol reports. It was unclear when the layoffs would begin the discussions on the plan remain ongoing. Salesforce, however, told media publications that the layoffs affected “less than a thousand” employees. According to Protocol reports, Salesforce […]
Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. Below is the list of companies that Laid off employees Amid layoffs and retrenchment across various sectors in the country including in IT, Minister Bhupender Yadav has […]
Intel offering 3 months of unpaid leave to employees as a result of cost-cutting measures. The chipmaker company is also laying off its employees to curb losses. Factory and manufacturing workers globally are being given time off options as a step to retain their talent base. In the aftermath of macroeconomic conditions, this aggressive […]
India’s leading health tech start-up, HealthifyMe announced the layoff of 142 employees. The step is taken as a matter of growing concern for the firm to manage its cost. The firm also offered 2 months’ package to separated employees with 2 weeks per year worked at the firm. The firm is undergoing an evolution with […]
Adobe has reportedly laid off 100 employees but the firm confirms that the layoff is not companywide. The organization carried out the layoff process to reduce its expenses. Quick insights As per the 2022 financial reports of Adobe, the firm hired 28,700 workers. Adobe said that the company made a transition to support critical initiatives […]
Edtech major Vedantu has laid off another 385 employees. This is nearly 11.6 percent of the company workforce. The Job cuts will affect the workforce from sales, HR, and content teams. This is the fourth round of layoffs undertaken by the edtech unicorn in 2022. Vedantu’s co-founders and a few members of the leadership team […]
An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce. The job cuts will affect workforce reductions at Goldman Sachs Group Inc and Citigroup Inc. The bank has more than 81,000 employees worldwide as of September 30. Morgan Stanley is making modest […]
An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North American snacks and beverages division. “The overall US labour market remains historically tight, with employers competing for a limited pool of labor and bidding up wages despite an uncertain economic outlook,” the report […]
Amazon is on the urge of the biggest layoff including top executives in the company since it was founded. Expected to slash 20,000 employees from the workforce. Entering 2023 within a few days might not be as fun for Amazon employees and tech employees across the industry as organizations are making adjustments through layoffs as […]
The tech-based Indian multinational Oyo Hotels and Homes Pvt. Ltd has announced a huge business restructuring leading to 600 job cut reducing 10% of its employee base. In a statement, Oyo said the firm is undergoing a transformational process to align its business more competitively. The statement by Oyo Chief Executive Office Ritesh Agarwal also […]
A leading job portal in India, Hirect has sacked nearly 200 people which is 40 percent of the total workforce. Hirect laid off these employees due to organizational restructuring and a strategic change in its business model. The company has become a victim of the slowdown in new hiring. The Co-founder and CEO of Hirect Raj […]
A leader in the furniture industry and one of the largest furniture producers in the United States, United Furniture Industries has laid off approximately 2,700 workers. Most of the sacked employees from the company live in northeast Mississippi. The laid-offs came just days before the Thanksgiving holiday. However, The company sent a memo via email and […]
