Latest layoff HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on layoff.
According to Bloomberg, An American multinational conglomerate operating in the fields of industry, ...
The parent company of Snapchat, Snap is laying off percent of the workforce which is nearly ,...
Homegrown social commerce platform Meesho has reportedly shut down its grocery business called Super...
The automaker, Ford Motors has confirmed that it is cutting about 3,000 jobs from its global workforce which was being speculated for a long time. The company plans to cut 3,000 jobs across the U.S., Canada, and India, it said in a letter to employees on Monday. The company describes the reductions as part of […]
The Chinese smartphone manufacturer, Xiaomi has reportedly laid off over 900 employees. The effects of lockdowns in Shanghai and other cities during the first half of 2022 have made it difficult for China’s consumer consumption to recover. The exact reason behind the layoffs is assumed to be because of the revenue drop. The largest smartphone […]
A premier global media and entertainment company, Warner Bros Discovery (WBD) has laid off nearly 70 workers which are 14 per cent of its workforce at its HBO and HBO Max streaming service. When news of the intended layoffs began appearing a few weeks ago the fans were afraid that original scripted shows would be […]
Search engine giant, Google has warned its employees about layoffs if the third quarter results are not as expected. According to reports, Google executives have warned workers to either boost performance or prepare to leave. If third-quarter results don’t look up, ‘there will be blood on the streets.’ The report also claimed that Google Cloud sales leadership […]
Microsoft-owned professional networking platform LinkedIn is laying off its employees due to the global meltdown. The laid-off employees will be from its global events marketing team. The Insider report said “LinkedIn has laid off “all the employees on the professional social network’s global events marketing team amid continued economic uncertainty“ The affected employees are being encouraged […]
The photo-sharing platform, Snapchat will lay off its employees and is in the early stages of planning layoffs. According to a report, the job cuts at Snap are coming after the company posted disastrous quarterly results (Q2) due to poor future forecasts. According to the reports, “It’s currently unclear how many of Snap’s more than 6,000 employees […]
Chinese tech firm Alibaba has fired around 10,000 employees. The layoffs come after Alibaba reported a 50 percent drop in net income in June. These are an effort to cut expenses amid sluggish sales and a slowing economy in the country. The tech company fired more than 9,241 employees during the June quarter. According to […]
According to ET report, an employee was allegedly fired by the company for reaching his office late for the first time in more than seven years. Reaching the office on time is surely the first and foremost priority of almost every working professional but there comes certain situations for delays. While some are fired for […]
The world’s biggest retailer, Walmart (WMT) is laying off about 200 corporate employees. The layoffs are affected due as the retail giant issued a rare profit warning also claiming that inflation has made the average American reduce spending. The layoffs come as consumer confidence dips and inflation reaches record highs. These layoffs are part of a restructuring effort the company […]
Technology-based school Edtech Platform Lead to layoff the workforce. However, the company has also said that it will not disclose the exact numbers of layoffs. Although according to media reports, the company will lay off nearly 80–90 employees. The layoff will be across sales, marketing, academics, and operations. The organization was started by Sumeet Mehta […]
Edtech firm Vedantu has laid off another 100 employees in a restructuring exercise marking the company’s third round of layoffs since May 2022. The fresh round of layoffs came as a surprise to most of the employees as they believed that there wouldn’t be any more layoffs in the startup. Vedantu told the impacted employees […]
A cloud technology company that provides organizations around the world with computing infrastructure and software, Oracle Corp has started to lay off employees in the United States. Post-Covid many companies across the globe are laying off employees due to economic slowdown. The layoffs at Oracle will affect employees at its offices in the San Francisco Bay […]
