layoff: HR News, Trends & Workplace Insights

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

Updated on: Nov 2022
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Mark Zuckerberg-led Meta begins layoffs today
Layoffs

Mark Zuckerberg-led Meta begins layoffs today

According to the Wall Street Journal reports Mark Zuckerberg-led Meta begins layoffs on Wednesday morning which will affect thousands of employees. According to reports, Meta’s head of human resources, Lori Goler, said “Employees who lose their jobs will be provided with at least four months of salary as severance, the WSJ reported, citing people familiar […]

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Unacademy has slashed 350 employees in another round of layoffs
Layoffs

Unacademy has slashed 350 employees in another round of layoffs

Ed-tech firm, Unacademy has slashed 350 employees which are 10 percent of its workforce due to harsh economic conditions. According to an internal memo, written by Group cofounder and CEO Gaurav Munjal to employees,” I want to apologize to everyone sincerely since we made a commitment of no layoffs in the organization but the market challenges have forced us […]

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Brainly layoffs nearly entire Indian team
Layoffs

Brainly layoffs nearly entire Indian team

The world’s largest peer-to-peer learning community, Brainly has laid off several employees globally including nearly 30 team members from its India team. The five retained employees from the Indian team have been working from home and working for the last five years. However, globally the exact number of layoffs could not be commented on. The company […]

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Fired by error, Twitter asks some laid-off workers to come back
Industry

Fired by error, Twitter asks some laid-off workers to come back

The microblogging and social networking service, Twitter has sacked close to 3,700 people. Some of those who were laid off have been asked to return as they were fired by error. Others were let go before management realized that their work and experience may be necessary to build the new features Elon Musk envisions, the people […]

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Meta planning massive layoffs this week: report
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Meta planning massive layoffs this week: report

The social media and technology company, Meta is planning to lay off thousands of employees this week. However, the exact number of people to be fired is still unclear. Facebook-parent, Meta will become the latest tech firm to scale back its workforce. Most recently, Twitter laid off thousands of its employees across the globe. The […]

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Twitter has fired the majority of employees in India
Industry

Twitter has fired the majority of employees in India

According to an internal memo sent to Twitter employees, the new management under Elon Musk has begun conducting layoffs Friday morning. Twitter has fired the majority of its over 200 employees in India as part of mass layoffs across the globe ordered by its new owner Elon Musk who is looking to make his $44-billion acquisition work. […]

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Accenture has fired employees due to fake documents
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Accenture has fired employees due to fake documents

A global professional services company and IT major, Accenture in India has fired a few employees as they presented fake documents and experience letters to obtain jobs with the organization. Accenture in India said in a statement, “We have discovered an effort to use documentation and experience letters from fraudulent companies to obtain offers of […]

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Udaan fires nearly 1,000 employees in the second round of layoffs
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Udaan fires nearly 1,000 employees in the second round of layoffs

India’s largest b2b eCommerce platform, Udaan has announced the second round of layoffs due to macroeconomic conditions. About 10% of the company’s 3000-permanent workforce will be impacted by the layoff. These layoffs will affect nearly 1,000 employees. However, the employees that are fired 300-350 were on the company payroll while the remaining are likely to be on […]

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Twitter employee sleeping on office floor; Musk to cut 50% of jobs
Layoffs

Twitter employee sleeping on office floor; Musk to cut 50% of jobs

A Viral picture shared by a Twitter employee shows his manager sleeping on the office floor at Twitter’s San Francisco headquarters. The photo was taken after Elon Musk purchased Twitter. It was reported that the microblogging company, Twitter told its staff that the company has set tasks so that it can be seen who works hard in […]

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Twitter staff told to work 12-hour shifts, 7 days a week, Reports
Industry

Twitter staff told to work 12-hour shifts, 7 days a week, Reports

According to reports, The microblogging and social networking service, Twitter staff at the company have set tasks so that it can be seen who works hard in Musk’s team. The teams of Twitter’s engineers have been assigned coding projects to be completed over the weekend. Twitter managers have told some staff to work 12-hour shifts, […]

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Byju’s founder writes emotional note to fired staff
Layoffs

Byju’s founder writes emotional note to fired staff

According to India Today, An Indian multinational educational technology company, BYJU’s recently announced layoffs of 2,500 employees or 5 percent of its total workforce. There have been different reports circulating for the organization, According to the Karnataka State IT/ITeS Employees Union (KITU), Byju was firing staff at its Bengaluru headquarters. Followed by Byju’s employees met V Sivankutty, Kerala labour […]

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Elon Musk asked to prepare a list of Twitter employees to be sacked
Industry

Elon Musk asked to prepare a list of Twitter employees to be sacked

On October 4, Musk agreed to proceed on his originally proposed terms, and a Delaware Chancery Court judge gave the two sides until Oct. 28 to wrap up the deal. That deadline was met, and now Musk, who is CEO of both Tesla Inc. and SpaceX, also controls Twitter, a service he uses often but criticizes […]

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