termination: HR News, Trends & Workplace Insights

Latest termination HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on termination.

Updated on: Aug 2022
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Vedantu lays off another 100 employees after layoffs in May
Layoffs

Vedantu lays off another 100 employees after layoffs in May

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 […]

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Oracle to layoff in US, expected layoffs in Canada, India, & Europe
Layoffs

Oracle to layoff in US, expected layoffs in Canada, India, & Europe

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 […]

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Amazon has laid off 1 lakh workforce
Layoffs

Amazon has laid off 1 lakh workforce

The e-commerce company, Amazon has slashed its direct workforce by nearly 1 lakh, the largest sequential drop in its history, primarily at its fulfillment centres and distribution network. The e-commerce behemoth still employs over 15 lakh people, the highest in the tech world. These layoffs are the results as Amazon said that it sees stabilization in […]

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Ola to layoff about 1,000 employees, shifts focus to electric mobility
Layoffs

Ola to layoff about 1,000 employees, shifts focus to electric mobility

As Ola ramps up its hiring for the electric mobility business, the urban mobility firm is in the process of firing nearly 1,000 employees, according to Economic Times report. As per earlier reports, the company was laying off around 400-500 employees, while the annual appraisals for many staff were yet to be formalized. However, the final figure […]

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Shopify is laying off about 1,000 employees globally
Layoffs

Shopify is laying off about 1,000 employees globally

A leading global commerce company, Shopify has announced that it will lay off 10 percent of its workforce citing an internal memo sent by CEO Tobi Lütke. Sumiran (Sumi) Anand, Senior Technical Recruiter, Shopify, shared the post on LinkedIn, “Hello everyone, it’s me again! Impacted by Shopify layoffs this time and ready to bounce back. A little […]

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TikTok restructures globally, lays off staff
Layoffs

TikTok restructures globally, lays off staff

The leading destination for short-form mobile video, TikTok has begun its process of laying off staff across the company in the U.S. and Europe. This will be part of a move to reorganize its business. The European employees of TikTok were told that their jobs were at risk and that they would hold a meeting with the […]

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Ford to layoff up to 8,000 jobs
Industry

Ford to layoff up to 8,000 jobs

Ford Motor Company is planning to lay off nearly 8,000 employees in the coming weeks to boost funds in the electric-vehicle market. The layoffs are said to help wean Ford off ICE production and use those funds to further invest in EV development. The layoff plans may come in phases and are likely to begin this summer. Chief […]

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Modsy Interior design startup shuts down, lays off employees
Layoffs

Modsy Interior design startup shuts down, lays off employees

San Francisco-based online interior design services startup Modsy has shut down and laid off all of its employees. According to the reports, while the company’s website remains operational, its Twitter and Facebook pages have been deleted, and its Instagram account has been made private. However, the startup claims to have returned some service order charges and […]

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Top esports firm 100 Thieves lays off dozens of employees
Layoffs

Top esports firm 100 Thieves lays off dozens of employees

A lifestyle brand focused on gaming content, esports, and apparel, 100 Thieves has laid off dozens of employees. The recent layoff are reported on July 13 the reasons yet unknown. The company has laid off several employees across both its social media and content teams in a major shakeup for the esports, media, and apparel company, including senior staff […]

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Google Sundar Pichai’s letter, Slow hiring for the rest of the year
Industry

Google Sundar Pichai’s letter, Slow hiring for the rest of the year

Google will slow hiring for the rest of the year. Chief Executive Sundar Pichai has informed about the same to employees. Pichai wrote, “Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days. In some cases, that means consolidating where investments overlap and streamlining […]

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Tesla has laid off 229 employees from Autopilot team, shuts office
Layoffs

Tesla has laid off 229 employees from Autopilot team, shuts office

Electric vehicle maker, Tesla has laid off 229 annotation employees from its Autopilot team and closed one of its offices in the US. Tesla laid-off employees from its San Mateo office which has employed 276 workers. The remaining 47 employees may be sent to work in Tesla’s Buffalo Autopilot office. According to reports, “Most of the […]

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Microsoft cuts 1,800 jobs in restructuring, will hire more: Report
Industry

Microsoft cuts 1,800 jobs in restructuring, will hire more: Report

American multinational technology corporation, Microsoft has announced that it will be slashing some jobs because it realigned enterprise teams and roles after the shut of its fiscal 12 months on June 30. Microsoft will let go “small number of employees” due to a “strategic alignment. The layoffs, affect lower than 1 percent of this total workforce […]

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