Latest Jobs Cut HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Jobs Cut.
An American multinational technology company,nbspDell Technologies will sack its employees in the ...
Sambhav Jain and Kush Taneja, co-founders of Bengaluru-based startup fintech app Farm has announced ...
A new-age used car end-to-end platform in India, Spinny will cut around jobs in order to boost p...
The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day). In July 2023 14,392 people lost their jobs. In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that […]
The two major employers, Ericsson is to cut 750 of its US jobs & Accenture plans to cut 890 jobs from its Irish operations. Ericsson makes a cost-cutting move: 750 US jobs 5G equipment supplier Ericsson said it would cut 750 employees from its North American business as it shutters its field services operation. In […]
An American multinational investment bank and financial services corporation, Citigroup UK to start monitoring employees’ office attendance. Citigroup will now focus on employees those who are taking advantage of hybrid work. Additionally, it will check the employees who have repeatedly avoided coming into the office without reason. According to Business Insider, the attendance of the employees […]
Capco India, a subsidiary of Wipro Limited has sent some of its employees on Garden Leave, handing over 2 to 3 months’ pay. What Is Garden Leave? A garden leave refers to the period during which an employee stays away from the workplace, or works remotely during the notice period. The employee remains on the payroll […]
India’s leading e-commerce company, Flipkart-owned Myntra will layoff employees amid restructuring. Additionally, it is expected that the e-commerce company is likely to eliminate about 50 roles across the organization. “In our endeavor to cater to the ever-evolving needs of our customers, new developments, and technology innovations, we recalibrate our business priorities and review our organizational structure […]
In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated, “If we look at the tech space, layoffs occurred post-Covid. It happened to companies like Google, Microsoft, Meta, and even smaller startups. When the world was emerging from Covid, everyone […]
Work from home continues to gain popularity and can be a beneficial arrangement for both employers and employees. Recently, a Reddit user shared a story claiming “My boss revoked my work from home day and told me to hurry up and find a new job”. An employee said in a post, “So I came back to the […]
Emily Hanley lost her job due to ChatGPT. In order to her survival, she started selling water at grocery stores. According to Business Insider, Emily Hanley-a freelance writer said, “For the past several years I worked as a full-time freelance copywriter; I’d work on webpages, branded blogs, online articles, social-media captions, and email marketing campaigns.” “I […]
Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which gained significant attention and criticism. According to the user, the company fired one of its most accomplished employees. The post said, “Honestly, a lot of things have been going down at […]
The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]
A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]
An American multinational technology corporation, Microsoft has recently laid off 276 employees in a new job cut round. A Microsoft spokesperson stated, “Organisational and workforce adjustments are a necessary and regular part of managing our business.” “We will continue to prioritize and invest in strategic growth areas for our future and in support of our […]
