Latest layoff HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on layoff.
A Dutch multinational conglomerate corporation, Philips will cut nearly jobs in a drive to impr...
According to Reuters Reports, One of the largest professional services companies, Ernst amp Young ...
Google layoffs recently, a multinational technology company, Google parent Alphabet announced to sa...
IBM and SAP joined the cadre of IT giants planning to layoffs thousands of their employees this year. Both companies reported their respective fourth-quarter earnings ended on Dec. 31. The multinational technology corporation, IBM would lay off 3,900 employees 1.5 percent of its global workforce. On the other hand, SAP is planning to lay off […]
Recently, A multinational technology company, Google parent Alphabet announced the sack of 12,000 employees. The company has already sent the email to the employees in the US. The company is providing the following benefits to the affected employees:- However, Sundar Pichai the CEO of Google also wrote an Email to Employees stating that the company is […]
The year 2023 has begun on a bad note for tech workers globally. Tech Mahindra Former CEO Kiran Deshpande shared his advice on the same issue. There have been nearly 91 companies that have laid off more than 24,000 tech employees in the first 15 days this month. More than 1,600 tech employees are being laid […]
Recently, Chris Williams, Ex-Microsoft Vice President- Human Resources has come forward to share three categories of employees that are unsafe during layoffs and two categories of employees who are at least at risk during layoffs. Below are the categories of employees who are at least risk:- Profit-making employees: “If you’re an essential part of building the most […]
Recently, an Indian multinational corporation, Wipro sacked 452 fresher employees due to poor performance. The union of IT employees Nascent Information Technology Employees Senate (NITES) said that it ‘strongly condemns the unethical layoffs done by Wipro.’ NITES President Harpreet Singh Saluja said, “For a year these employees were struggling to join the company despite clearing […]
Companies have been laying off employees in 2023 as well. Ashneer Grover Shark Tank India season 1 judge shared his point on layoffs that founders should take pay cuts instead of firing employees. He said in a LinkedIn post, “It’s sad to hear about firings every day. I am thankful that I’ve never had to fire […]
According to media reports on layoff, In the first half of the year 2022 that is from January to June, various companies laid off nearly 44,257 employees in the tech sector. However, in 2023 January, 154 tech companies reportedly laid off nearly 55,225 in just 21 days. Earlier in November Amazon announced that will be […]
An American multinational technology company, Google parent Alphabet had announced to sack 12,000 employees. The company has already sent the email to the employees in US. The company is providing the following benefits to the affected employees:- SUNDAR PICHAI’S Email to Employees Googlers, I have some difficult news to share. We’ve decided to reduce our […]
Tech giant, Amazon is laying off more than 18,000 employees which was 80% more employees than previously planned. The company has also stopped corporate hiring across. Earlier, Amazon delayed the joining dates for some university graduates until the end of 2023 due to cost-cutting efforts. Earlier, The onboarding of the employees was expected to be completed by […]
An Indian multinational corporation, Wipro has sacked 452 fresher employees due to poor performance. Wipro fired the employees after taking an internal test. However, the company has waived the training cost spent on the employees. However, the company has not commented on the exact number of layoffs. As per the update the company laid off […]
An Indian online food ordering and delivery platform, Swiggy lays off 380 employees due to the company’s restructuring exercise. Due to “poor judgment the company has “overhired” employees. The CEO has also explained that the growth rate for food delivery has slowed down. This was against the company’s projections. The company’s CEO said, “We’re implementing […]
Indian Startup of an online vehicle repair platform, GoMechanic fires nearly 70% of the workforce due to Reported Incorrect Financial Data. Amit Bhasin cofounder GoMechanic shared a LinkedIn post saying, “We founded GoMechanic In 2016 to bridge the gap between process-oriented authorized service centers and cost-effective local workshops for people who were looking for a […]
