Latest Layoffs HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Layoffs.
Actor and Producer Suniel Shetty has shared a LinkedIn post expressing his opinion on layoffs. Howev...
Bengaluru-based ed-tech startup FrontRow, a learning platform for non-academic skills has laid off ...
An Indian multinational information technology company, Infosys has fired a few employees in recent ...
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 […]
An American multinational corporation and technology company, Intel Corporation is planning thousands of Job cuts due to a slowdown in the personal computer market. As per Bloomberg reports, the layoffs will affect nearly 20% of employees. The layoffs will be announced as early as this month and some of Intel’s divisions. The other departments that will […]
Peloton, US exercise, and fitness equipment company, CEO Barry McCarthy has announced to lay off nearly 500 employees. These Job cuts are 12 percent of the total workforce. Earlier, in August the company laid off roughly 780 employees. The previous layoffs were the result of several stores shut down and hiked prices on bikes and […]
Meta is reportedly conducting ‘quiet layoffs‘ at Facebook that may lead to thousands of job cuts — at least 12,000 or about 15 per cent of its workforce. According to a report in Insider, the senior executives are in the process of executing “quiet layoffs” of underperforming workers. Several employees told Insider that as much as 15 […]
An American company that specializes in service development, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania, EPAM Systems has asked nearly 100 Indian employees to resign from the organization. The employees are forced to resign across EPAM Systems and EPAM Anywhere. According to ET, These employees are not tagged to any specific […]
The social media and technology company, Meta Founder and CEO Mark Zuckerberg has said that the company is freezing hiring across the board. The company has also warned that more layoffs are in the pipeline. Zuckerberg mentioned during the last Meta earnings call that ‘Our plan is to steadily reduce headcount growth over the next […]
As Covid-19 hit worldwide, many companies have been laying off employees for one or other reasons. Now, Siemens Gamesa plans to layoff. Siemens Gamesa is laying off nearly 3000 employees as the company plans for this move as it wants to return to a profitability state. However, earlier in the year Reuters had reported that the company was […]
The Supreme Court Monday said that an employee can be terminated from the service for suppressing or giving false information concerning matters having a bearing on his fitness or suitability for the post. The top court laid down broad principles of law to be taken into account especially in the case of recruitment in police […]
Search engine giant, Google’s CEO Sunder Pichai told at an all-hands meeting and denied the company is embarking on “aggressive cost-saving”. Sunder Pichai has also told staff they should not “equate fun with money” and asked why Google was “nick-and-diming employees” by cutting travel budgets and moving away from “rapidly hiring and spending”, despite it […]
Boeing said that about 150 jobs nationwide will be cut in the first batch of layoffs, and will outsource them to Tata Consultancy Services (TCS). Boeing informed its non-union corporate staff through an all-hands virtual meeting. Last year the aerospace company Boeing has also outsourced IT work to Dell. This also affected the employees as […]
India’s largest mobility platform and one of the world’s largest ride-hailing companies, Ola has decided not to lay off its engineers for now. With the rising inflation post-COVID-19. The companies either have laid off employees or have slowed down the hiring process. This news has come as a relief for the employees. However, Ola has […]
India’s IT services provider company, Wipro has laid off 300 employees who were found working with its competitor companies at the same time employment with Wipro. Wipro Chairman Rishad Premji said on 21 September that their employment has been terminated for an “act of integrity violation”. “The reality is that there are people today working […]
