Layoffs: HR News, Trends & Workplace Insights

Explore the latest Layoffs news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Nov 2022
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Byju’s founder writes emotional note to fired staff
Layoffs

Byju’s founder writes emotional note to fired staff

According to India Today, An Indian multinational educational technology company, BYJU’s recently announced layoffs of 2,500 employees or 5 percent of its total workforce. There have been different reports circulating for the organization, According to the Karnataka State IT/ITeS Employees Union (KITU), Byju was firing staff at its Bengaluru headquarters. Followed by Byju’s employees met V Sivankutty, Kerala labour […]

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Byju’s employees in Bengaluru allege forceful resignations
Layoffs

Byju’s employees in Bengaluru allege forceful resignations

An Indian multinational educational technology company, Byju’s is firing staff at its Bengaluru headquarters according to the Karnataka State IT/ITeS Employees Union (KITU). According to KITU Secretary Sooraj Nidiyanga, the company management has asked their employees to either voluntarily resign or face termination. Byju’s HR team is forcing its employees to resign. The company’s HR division is asking its […]

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Happiest Minds says moonlighting unacceptable; layoff employees
Layoffs

Happiest Minds says moonlighting unacceptable; layoff employees

A digital transformation IT consulting & services company, Happiest Minds Technologies has said moonlighting is unacceptable for the company. The company has laid off a few employees engaged in dual employment who have been fired over the last 6-12 months. However, the company did not disclose the exact number of layoffs. In India, as per […]

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Philips to cut 4,000 jobs after weak Q3 results
Layoffs

Philips to cut 4,000 jobs after weak Q3 results

A Dutch multinational conglomerate corporation, Philips has said that the company will lay off nearly 4,000 jobs. The job cut represents over five per cent of the company’s workforce. The reason behind the layoff is that the company is hit by a massive financial for faulty sleep respirators pushed it into a loss. The development of […]

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Synapsica CEO, COO arrested for Rs. 16 cr fraud; layoff 30% staff
Layoffs

Synapsica CEO, COO arrested for Rs. 16 cr fraud; layoff 30% staff

Synapsica, a healthtech startup backed by Y Combinator has laid off nearly 30 percent of the workforce nearly 100 employees due to the citing market conditions. However, the company is providing two months of salary payouts to the laid-off employees. Moreover, the company will also be assisting them to find an opportunity. Synapsica was founded […]

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Elon Musk is planning to layoff 75% of twitter staff
Layoffs

Elon Musk is planning to layoff 75% of twitter staff

According to reports, Elon Musk said that he is planning to lay off nearly 75% of Twitter’s staff as he takes over the social media company. The reports said that job cuts are expected in the coming months, no matter who owns the company. However, Twitter’s current management has planned to lay off 25% of […]

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Johnson & Johnson plans to cut jobs despite profitable quarters
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Johnson & Johnson plans to cut jobs despite profitable quarters

The largest and most broadly based healthcare company in the world, Johnson & Johnson company has said that it will cut some jobs due to inflationary pressure and challenges created by the strong dollar. The company posted better-than-expected Q3 earnings. However, there will be various job functions that would be affected and layoffs will be due to a […]

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Microsoft continues layoffs, nearly 1,000 Jobs to be cut: Report
Layoffs

Microsoft continues layoffs, nearly 1,000 Jobs to be cut: Report

An American multinational technology corporation, Microsoft has laid off nearly 1,000 people in a fresh round of layoffs. This is the third round of layoffs at the Big Tech firm since July. It is excepted that the layoffs will be across multiple divisions as the revenue of the company is expected to slow down in the […]

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After Byju’s, Ed-tech firm FrontRow also lays off 75% workforce
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After Byju’s, Ed-tech firm FrontRow also lays off 75% workforce

Bengaluru-based ed-tech startup FrontRow, a learning platform for non-academic skills has laid off 30 employees nearly 75 percent of its workforce. The company has sacked employees from the departments including the engineering, product, sales, and marketing teams. Ishaan Preet Singh, co-founder of FrontRow said, “We’re extremely proud of the team that got together to build the future of non-academic […]

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Infosys layoffs employees for moonlighting
Layoffs

Infosys layoffs employees for moonlighting

An Indian multinational information technology company, Infosys has fired a few employees in recent months for moonlighting. However, the exact numbers are not mentioned. CEO Salil Parekh said, “If we have found employees doing work in two different companies, where there are confidentiality issues, we have let them go in the last 12 months.” However, Parekh also said […]

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Byju’s to layoff 2500 employees
Layoffs

Byju’s to layoff 2500 employees

As per the company’s statement, A global ed-tech company, Byju’s will be laying off nearly 5 percent of the workforce or 2,500 employees. The company said the layoffs are a step to cut costs and achieve overall profitability. It added that lay off of employees will be across the departments to cut costs. The layoffs will not […]

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Intel Corporation plans to layoff thousands of employees
Layoffs

Intel Corporation plans to layoff thousands of employees

An American multinational corporation and technology company, Intel Corporation is planning thousands of Job cuts due to a slowdown in the personal computer market. As per Bloomberg reports, the layoffs will affect nearly 20% of employees. The layoffs will be announced as early as this month and some of Intel’s divisions. The other departments that will […]

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