Latest layoff HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on layoff.
A world leader in innovative memory solutions, Micron will be laying off nearly or of its e...
A Chinese designer and manufacturer of consumer electronics and related software, home appliances, a...
Layoffs are difficult for companies, but has been a year of layoffs. Top tech companies have ei...
A global provider of Digital Business Transformation, Digital Engineering, and Information Technology (IT) outsourcing services, Virtusa Group has laid off employees and has forcefully asked them to resign from December 11. The company has sacked hundreds of employees from Chennai and the UNITE has sought government intervention in this matter. The employees from across India were […]
Amid layoffs and retrenchment across various sectors most recently, as per TOI, an American multinational technology company, Google CEO has admitted that the future is unpredictable. The development of either layoff or hiring slowdown comes after IT companies, crypto exchanges, and financial firms cut out jobs and slow down the hiring process due to slow global economic growth caused by […]
According to reports, an American social media company, Twitter has sacked nearly 100 employees after employees Didn’t See Musk’s Email at the Weekend. Some Twitter employees lost access to work systems after they failed to sign Elon Musk’s anti-leaking pledge on Saturday because they didn’t check their emails over the weekend. Musk wrote in his […]
A leading global investment banking, securities, and investment management firm, Goldman Sachs will be sacking hundreds of employees. According to reports, the company is planning to cut at least 400 jobs as it looks at restructuring its struggling consumer business. According to reports, The job cuts at Goldman Sachs’ will be affecting the underperforming employees. […]
An American cloud-based software company, Salesforce will be laying off employees in a fresh round of layoffs according to Protocol reports. It was unclear when the layoffs would begin the discussions on the plan remain ongoing. Salesforce, however, told media publications that the layoffs affected “less than a thousand” employees. According to Protocol reports, Salesforce […]
Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. Below is the list of companies that Laid off employees Amid layoffs and retrenchment across various sectors in the country including in IT, Minister Bhupender Yadav has […]
Edtech major Vedantu has laid off another 385 employees. This is nearly 11.6 percent of the company workforce. The Job cuts will affect the workforce from sales, HR, and content teams. This is the fourth round of layoffs undertaken by the edtech unicorn in 2022. Vedantu’s co-founders and a few members of the leadership team […]
An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce. The job cuts will affect workforce reductions at Goldman Sachs Group Inc and Citigroup Inc. The bank has more than 81,000 employees worldwide as of September 30. Morgan Stanley is making modest […]
An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North American snacks and beverages division. “The overall US labour market remains historically tight, with employers competing for a limited pool of labor and bidding up wages despite an uncertain economic outlook,” the report […]
Amazon is on the urge of the biggest layoff including top executives in the company since it was founded. Expected to slash 20,000 employees from the workforce. Entering 2023 within a few days might not be as fun for Amazon employees and tech employees across the industry as organizations are making adjustments through layoffs as […]
The tech-based Indian multinational Oyo Hotels and Homes Pvt. Ltd has announced a huge business restructuring leading to 600 job cut reducing 10% of its employee base. In a statement, Oyo said the firm is undergoing a transformational process to align its business more competitively. The statement by Oyo Chief Executive Office Ritesh Agarwal also […]
A leading job portal in India, Hirect has sacked nearly 200 people which is 40 percent of the total workforce. Hirect laid off these employees due to organizational restructuring and a strategic change in its business model. The company has become a victim of the slowdown in new hiring. The Co-founder and CEO of Hirect Raj […]
