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: Oct 2022
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Happiest Minds says moonlighting unacceptable; layoff employees
Layoffs

Happiest Minds says moonlighting unacceptable; layoff employees

A digital transformation IT consulting & services company, Happiest Minds Technologies has said moonlighting is unacceptable for the company. The company has laid off a few employees engaged in dual employment who have been fired over the last 6-12 months. However, the company did not disclose the exact number of layoffs. In India, as per […]

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Philips to cut 4,000 jobs after weak Q3 results
Layoffs

Philips to cut 4,000 jobs after weak Q3 results

A Dutch multinational conglomerate corporation, Philips has said that the company will lay off nearly 4,000 jobs. The job cut represents over five per cent of the company’s workforce. The reason behind the layoff is that the company is hit by a massive financial for faulty sleep respirators pushed it into a loss. The development of […]

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Synapsica CEO, COO arrested for Rs. 16 cr fraud; layoff 30% staff
Layoffs

Synapsica CEO, COO arrested for Rs. 16 cr fraud; layoff 30% staff

Synapsica, a healthtech startup backed by Y Combinator has laid off nearly 30 percent of the workforce nearly 100 employees due to the citing market conditions. However, the company is providing two months of salary payouts to the laid-off employees. Moreover, the company will also be assisting them to find an opportunity. Synapsica was founded […]

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Twitter tells employees there are no plans for layoffs
Industry

Twitter tells employees there are no plans for layoffs

The social media platform, Twitter on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a deal to be acquired by Elon Musk. Twitter General Counsel Sean Edgett emailed employees saying that the company does not plan layoffs. There has been news that there will be mass layoffs post […]

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Elon Musk is planning to layoff 75% of twitter staff
Layoffs

Elon Musk is planning to layoff 75% of twitter staff

According to reports, Elon Musk said that he is planning to lay off nearly 75% of Twitter’s staff as he takes over the social media company. The reports said that job cuts are expected in the coming months, no matter who owns the company. However, Twitter’s current management has planned to lay off 25% of […]

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Wipro fired senior employees in 10 mints for huge integrity violation
Industry

Wipro fired senior employees in 10 mints for huge integrity violation

India’s IT services provider company, Wipro Chairman Rishad Premji has said the company sacked its top 20 leaders in ten minutes. The company laid off the employees after it was found to have committed a “huge integrity violation“. The policy is black and white for any kind of integrity violation or harassment, he stressed on October 19. […]

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Johnson & Johnson plans to cut jobs despite profitable quarters
Layoffs

Johnson & Johnson plans to cut jobs despite profitable quarters

The largest and most broadly based healthcare company in the world, Johnson & Johnson company has said that it will cut some jobs due to inflationary pressure and challenges created by the strong dollar. The company posted better-than-expected Q3 earnings. However, there will be various job functions that would be affected and layoffs will be due to a […]

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Microsoft continues layoffs, nearly 1,000 Jobs to be cut: Report
Layoffs

Microsoft continues layoffs, nearly 1,000 Jobs to be cut: Report

An American multinational technology corporation, Microsoft has laid off nearly 1,000 people in a fresh round of layoffs. This is the third round of layoffs at the Big Tech firm since July. It is excepted that the layoffs will be across multiple divisions as the revenue of the company is expected to slow down in the […]

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Suniel Shetty’s advice on Layoffs be like Rahul Dravid
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Suniel Shetty’s advice on Layoffs be like Rahul Dravid

Actor and Producer Suniel Shetty has shared a LinkedIn post expressing his opinion on layoffs. However, the actor did not mention any specific name of the company. Recently, A global ed-tech company, Byju announced that it will be laying off nearly 5 percent of the workforce or 2,500 employees. Suniel Shetty’s in his post said, “A recent article […]

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After Byju’s, Ed-tech firm FrontRow also lays off 75% workforce
Layoffs

After Byju’s, Ed-tech firm FrontRow also lays off 75% workforce

Bengaluru-based ed-tech startup FrontRow, a learning platform for non-academic skills has laid off 30 employees nearly 75 percent of its workforce. The company has sacked employees from the departments including the engineering, product, sales, and marketing teams. Ishaan Preet Singh, co-founder of FrontRow said, “We’re extremely proud of the team that got together to build the future of non-academic […]

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Infosys layoffs employees for moonlighting
Layoffs

Infosys layoffs employees for moonlighting

An Indian multinational information technology company, Infosys has fired a few employees in recent months for moonlighting. However, the exact numbers are not mentioned. CEO Salil Parekh said, “If we have found employees doing work in two different companies, where there are confidentiality issues, we have let them go in the last 12 months.” However, Parekh also said […]

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Byju’s to layoff 2500 employees
Layoffs

Byju’s to layoff 2500 employees

As per the company’s statement, A global ed-tech company, Byju’s will be laying off nearly 5 percent of the workforce or 2,500 employees. The company said the layoffs are a step to cut costs and achieve overall profitability. It added that lay off of employees will be across the departments to cut costs. The layoffs will not […]

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