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: Jun 2023
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Better.com start job cuts again, layoffs entire real estate team
Layoffs

Better.com start job cuts again, layoffs entire real estate team

An American company, Better.com have started the job cuts again and this time the company is laying off the entire real estate team. Better.com has laid off nearly 4000 employees in India and the United States. Last year in May 2022, the company gave its employees in India the option to quit. Due to this reason of […]

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Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans
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Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans

An American social news aggregation, content rating, and discussion website, Reddit is laying off about 5 percent workforce. According to media reports, The company will sack nearly 90 people due to the global economic slowdown. According to reports, the company’s CEO Steve Huffman has informed the employees through an internal email to employees. The CEO wrote, “We’ve […]

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2 lakh techies lost their jobs in 2023; more likely to happen soon
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2 lakh techies lost their jobs in 2023; more likely to happen soon

The year 2023 has become the worst year for tech employees. In the current year, nearly 2 lakh tech employees from Big Tech firms to startups have been sacked to date globally. The major layoffs in May are as below:- Apparently, major tech companies are laying off employees exponentially due to economic uncertainties. The move […]

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JioMart fires 1,000 employees, and more than 9000 jobs at risk
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JioMart fires 1,000 employees, and more than 9000 jobs at risk

An Indian e-commerce company, JioMart fires 1,000 employees and more than 9000 jobs at risk that can be laid off in the coming weeks. This comes after the company aims to align its operations with Metro Cash and Carry that it acquired recently. The job cuts at JioMart will be part of a larger […]

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Woman laid off by Amazon rejoins same team after 4 months
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Woman laid off by Amazon rejoins same team after 4 months

A Woman named Paige Cipriani was laid off by the layoffs at Amazon in January and rejoined the same team after 4 months. As per LinkedIn profile, Paige Cipriani, Product Marketing Manager, Social Marketing at Amazon shared a post saying, “I am so happy to announce that on Monday. I started back at Amazon on the […]

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Vodafone to layoff 11,000 employees
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Vodafone to layoff 11,000 employees

Telecom giant Vodafone has decided to cut 11,000 jobs over the next 3 years. The job cuts equate to about 12 percent of the total workforce. Vodafone’s new chief executive Margherita Della Valle said in a statement, “Our performance has not been good enough. To consistently deliver, Vodafone must change. My priorities are customers, simplicity, and growth.” “We will […]

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Google will be reducing contract workforce supporting YouTube
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Google will be reducing contract workforce supporting YouTube

According to the reports of Business Insider, Google is ending contracts with firms such as Cognizant and Accenture, which employ workers involved in supporting various YouTube services. Google’s reduction will impact Cognizant and Accenture. However, the exact number of impacted Cognizant workers is not clear. Additionally, the cuts were announced to Cognizant workers at the […]

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Amazon India layoffs: Tech giant lays off about 500 employees
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Amazon India layoffs: Tech giant lays off about 500 employees

An American multinational technology company focusing on e-commerce, Amazon is laying off about 500 employees in India. According to the reports of the Economic Times, Amazon India will layoffs across different businesses and functions including Amazon Web Services (AWS), human resources, and support functions. Additionally, Some of Amazon’s onboarding functions in tier-2 cities such as […]

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LinkedIn to cut 716 jobs and shut its China app
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LinkedIn to cut 716 jobs and shut its China app

LinkedIn, the world’s largest social media platform for professionals, is cutting 716 positions and shutting down its jobs app in mainland China, the California-based company announced. The decision was made amid shifts in customer behavior and slower revenue growth, CEO Ryan Roslansky said Monday in a letter to employees. “As we guide LinkedIn through this rapidly changing landscape, […]

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Company threw lavish party with branded drinks then laid off staff
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Company threw lavish party with branded drinks then laid off staff

The leader in offensive security company, Bishop Fox has laid off 13 percent of its workforce or 50 employees. The company laid off the employees after it invited employees to the RSA cybersecurity conference for a party where it served drinks. According to reports, Bishop Fox CEO Vinnie Liu said, “We proactively made these changes in […]

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Cognizant to fire 3500 employees & close few offices to save cost
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Cognizant to fire 3500 employees & close few offices to save cost

Cognizant, one of the world’s leading professional services companies, announced its first quarter 2023 financial results. According to reports, the company will lay off 3,500 employees. However, as of now the exact number of people impacted in India is still unclear. Moreover, the company will also be giving up 11 million sq feet of office […]

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Meta fired 30-week pregnant employee, here’s what happened next
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Meta fired 30-week pregnant employee, here’s what happened next

The major companies that laid off employees include Meta, Infosys, Amazon, Google, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally. Apparently, Major tech companies have laid off employees exponentially due to economic uncertainties. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as […]

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