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An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hund...
The year and that too especially the second half of it has witnessed a series of employee termi...
A leading job portal in India, Hirect has sacked nearly people which is percent of the total ...
A leader in the furniture industry and one of the largest furniture producers in the United States, United Furniture Industries has laid off approximately 2,700 workers. Most of the sacked employees from the company live in northeast Mississippi. The laid-offs came just days before the Thanksgiving holiday. However, The company sent a memo via email and […]
The current global economic environment is gloomy. Wherever you look the conversations are centred around slowing growth, recession, high inflation, unemployment, and most importantly large-scale layoffs. These things are not new. Businesses go through economic cycles and there are cycles when going gets tough for them. When the going gets tough, well- run businesses are […]
According to PTI, the Railways has weeded out one “non-performer or corrupt official” every three days in the past 16 months, officials said. Two senior-grade officers were sacked on Wednesday, sources said. Around 139 officials from the Indian Railways have been asked for Voluntary Retirement Scheme (VRS). The Indian Railway has agreed on a salary […]
An American multinational information technology company, HP is planning to lay off nearly 4000 to 6,000 employees. This layoff is nearly around 12 percent of the company’s global workforce. HP currently employs nearly 50,000 people as of December 2021. The company has planned this layoff up till the end of fiscal 2025. “We had a […]
An American multinational technology company, Google is planning to fire nearly 10,000 employees. The layoffs will be on the grounds of ‘poor performance’. The layoffs are nearly 6% of the total workforce. Google will use a ranking system and the lowest-ranked employees are expected to be fired from the company. Since 2017 the company has […]
The Nascent Information Technology Employees Senate (NITES) has approached the Labour Ministry concerning the layoff of Indian employees at amazon. “The law of the land is above Amazon policies,” Harpreet Singh Saluja, President, NITES said in a mail. “As per the provisions of the Industrial Disputes Act the employer cannot, without prior permission from the […]
Indian multinational restaurant aggregator and food delivery company, Zomato has confirmed that the company is laying off under 3 percent of its staff across the organization. The company said that the layoffs are based on regular performance. Earlier, Zomato Ltd confirmed on Friday that its co-founder, Mohit Gupta has resigned from the company. Mohit resigned after about […]
An American-based multinational digital communications technology conglomerate corporation, Cisco will be laying off more than 4,000 employees. According to a report in Silicon Valley Business Journal, the company is laying off nearly 5 percent of its workforce. The company has described this as a “rebalancing” act while “rightsizing certain businesses.” Cisco Chief Financial Officer Scott Herren […]
Twitter employees on Friday started a ‘#RIPTwitter’ trend as hundreds of the company’s employees are estimated to be leaving the company. The hashtag “RIPTwitter” started trending on Twitter where users shared hilarious memes and posts while highlighting that the platform might soon shut down. Elon Musk issued employees an ultimatum saying that stay with the […]
An American multinational technology company focusing on e-commerce, Amazon has confirmed the layoffs at the company. However, The company did not reveal the exact number of employees laid off however as per the earlier reports 10,000 employees or 3 percent of its workforce were expected to be laid off. Impact on India Team These cuts […]
Many companies have been laying employees. Most Tech Firms have fired employees due to inflation, moonlighting, and many more. Rajesh Padmanabhan, Chief Executive Officer of Talavvy Business Catalysts shared his view in a LinkedIn post, “Over 300,000 jobs lost in the last 2 months. Some more big ones queuing up. This will soon become Industry […]
An American multinational technology company focusing on e-commerce, Amazon is planning to lay off nearly 10,000 employees. The layoffs will be starting as soon as this week. The employees will be affected in its corporate and technology sectors. This layoff will affect nearly three percent of Amazon’s corporate employees and less than one percent of its global […]
