Latest downsizing HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on downsizing.
In a recent Reddit post, an employee shared his emotions following his companys mass layoff o...
According to Economic Times, Ola Electric is preparing to downsize its workforce by approximately ...
A multinational financial technology company, Paytm plans to cut ,-, jobs amid the crisis. T...
An Indian multinational information technology company, Infosys stands apart from industry trends triggered by GenAI, refraining from job reduction or any form of job cuts seen elsewhere. The company maintains a steadfast commitment to its workforce, ensuring stability amidst technological shifts. This strategic approach underscores Infosys’ resilience and dedication to fostering a supportive environment amid […]
A former employee of Infosys, an Indian multinational IT company, shared a LinkedIn post from Kumar Shubham, who worked as a Senior System Engineer. In his LinkedIn post, Kumar Shubham alleged that Infosys has engaged in unfair layoffs. This post has since gone viral, sparking a wide array of reactions from the online community. Many […]
According to WSJ, Walmart is undergoing a significant restructuring, with plans to slash hundreds of corporate positions while urging many remote employees to transition back to office settings. Specifically, employees based in smaller offices located in Dallas, Atlanta, and Toronto are being directed to relocate to larger central hubs, including Walmart’s corporate headquarters in Bentonville, […]
Career website, Indeed plans to layoff approximately 1,000 employees, constituting around 8% of its workforce to streamline its organizational structure. Layoffs target specific departments, primarily R&D and Go-to-Market teams, with a heavier impact in the U.S. The restructuring spares certain groups and regions but signals a strategic shift. Indeed CEO Chris Hyams underscores the targeted […]
According to Inc 42, the World’s Largest AI Health & Fitness App, Healthify is slashing its workforce by 27% or nearly 150 employees. However, Healthify is committed to ensuring that those impacted by the restructuring are provided with the necessary resources and assistance to navigate this period of change with confidence and stability. During this […]
A leading kitchen and laundry appliance company, Whirlpool is planning to cut 1000 jobs worldwide in a restructuring move. According to Reuters, The company announced initial job cuts in March and anticipates implementing a second wave of reductions by early May. Whirlpool aims to trim up to $400 million in costs this year, the Wall […]
An American multinational corporation and technology company, Microsoft has recently laid off an employee after over 30 years of service. Jeff Bogdan, former Director of Learning and Development, Microsoft Windows shared the LinkedIn post saying, “My 33-year run with the wonderful Microsoft came to a close in February, when my job was eliminated. “I spent […]
Amid a sector-wide downturn, McKinsey, a global management consulting firm plans to offer compensation to numerous senior employees opting to depart, aiming to trim its workforce. This initiative reflects McKinsey’s strategy to mitigate the impact of the downturn on its operations while allowing affected employees the opportunity to explore other career paths with financial support. […]
