Jobs Cut: HR News, Trends & Workplace Insights

Latest Jobs Cut HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Jobs Cut.

Updated on: Jul 2023
KPMG laid off 2,000 US workforce; Deutsche Bank to cut 1700 jobs
Layoffs

KPMG laid off 2,000 US workforce; Deutsche Bank to cut 1700 jobs

2023 is the year of layoffs, top leading companies have been laying off thousands of employees. Recently, KPMG has laid off 2,000 US workforce and Deutsche Bank to reduce 1700 jobs. KPMG has laid off 2,000 jobs One of the Big Four accounting organizations, KPMG is laying off 5% of its U.S. employees due to “economic […]

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Byju’s employees want to leave the firm before they are fired, Why?
Industry

Byju’s employees want to leave the firm before they are fired, Why?

Indian ed-tech startup Byju’s employees are concerned about their future as the company has carried several rounds of job cuts. Byju’s has already sacked several thousand employees this year due to slowing demand. The company recently sacked 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, […]

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Endless layoffs: Uber sacks 200 people from its recruitment team
Layoffs

Endless layoffs: Uber sacks 200 people from its recruitment team

A transportation conglomerate, Uber is laying off 200 employees from its recruitment division. The layoffs are due to cross-cutting measures. As per the reports of Reuters, Uber is sacking 35 percent of its workforce from the recruitment team. Earlier, the company laid off 150 jobs in its freight services division. The reductions affect less than […]

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OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees
Layoffs

OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees

OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reduction of approximately 800 jobs worldwide The company has started shutting down operations of its automotive unit, Olx Autos, in certain markets after exploring potential buyers and investors 6 months earlier, OLX’s planned to reduce its global workforce by 1,500 employees […]

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Meta, Google among top paying companies in 2022 despite layoffs
Industry

Meta, Google among top paying companies in 2022 despite layoffs

According to a Business Insider report originally attributed to The Wall Street Journal, Meta and Google were among the top-paying public companies in 2022. A real-estate-investment company, Vici Properties topped the list with just 22 employees at the top with a median salary of around $415,000. Meta placed the second position offering employees a median […]

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BYJU’S starts another round of layoffs, 500-1000 people impacted
Social Media

BYJU’S starts another round of layoffs, 500-1000 people impacted

Edtech firm Byju’s has announced another round of layoffs. It will fire 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, business development as well as product and technology functions. To cut costs, the company had laid off over 2,500 employees across departments, in October last […]

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Mojocare layoffs 80% employees to improve capital efficiency
Layoffs

Mojocare layoffs 80% employees to improve capital efficiency

A Bengaluru-based health tech Mojocare layoffs 80 percent of its workforce nearly 160 employees. The layoffs are to improve capital efficiency and unit economics. The company said in a statement said, “A majority of Mojocare investors initiated a review of the company’s financial statements. While the analysis remains ongoing, initial findings have uncovered financial irregularities […]

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Side hustle, HR tried to have me work on weekends, but I quit
Social Media

Side hustle, HR tried to have me work on weekends, but I quit

The company’s HR department called him in for a meeting to discuss his weekend activities. When it became clear where things were headed, the worker decided he’d rather not work for that company anymore. The thread was shared on Reddit by the worker, u/InfiniteMaf. The exact post said, “Got called by HR one day after someone […]

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Mamaearth’s Momspresso, Oracle & more laid off many employees
Layoffs

Mamaearth’s Momspresso, Oracle & more laid off many employees

The Layoffs are never-ending recently Mamaearth’s Momspresso, Oracle and TrueCar have laid off several employees. India’s largest user-generated content platform for women, Mamaearth’s Momspresso has laid off 80–100 employees. As reported by The Hindu Business Line, it will impact the brand marketing vertical. In 2021, Mamaearth acquired a majority stake in the parenting platform Momspresso. Momspresso […]

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Better.com start job cuts again, layoffs entire real estate team
Layoffs

Better.com start job cuts again, layoffs entire real estate team

An American company, Better.com have started the job cuts again and this time the company is laying off the entire real estate team. Better.com has laid off nearly 4000 employees in India and the United States. Last year in May 2022, the company gave its employees in India the option to quit. Due to this reason of […]

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Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans
Layoffs

Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans

An American social news aggregation, content rating, and discussion website, Reddit is laying off about 5 percent workforce. According to media reports, The company will sack nearly 90 people due to the global economic slowdown. According to reports, the company’s CEO Steve Huffman has informed the employees through an internal email to employees. The CEO wrote, “We’ve […]

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HDFC Bank Senior Employee Abuses Juniors in Online Meeting
Industry

HDFC Bank Senior Employee Abuses Juniors in Online Meeting

HDFC Bank senior executive can be seen shouting and abusing his colleagues for not meeting targets in a video call during an online meeting. The senior executive has been identified as Pushpal Roy. He was the cluster head at a Kolkata branch. The video is in Bengali and Pushpal can be seen screaming at his […]

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