Layoffs: HR News, Trends & Workplace Insights

Explore the latest Layoffs news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Feb 2025

Industry

Meta Faces Backlash Over Layoffs and Leadership Culture

Feb 13, 2025

JPMorgan Chase Initiates Layoffs Amidst Record Profits

JPMorgan Chase, one of the largest banking institutions in the United States, has initiated a series...

Layoffs

Feb 13, 2025

Meta Layoffs Performance-Based Cuts Impact Global Workforce

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has announced a significant...

Layoffs

Feb 11, 2025

Tech Industry Faces Wave of Layoffs Major Companies Cut Jobs

The tech industry is facing a wave of layoffs as major companies like Meta, Amazon, Google, and Micr...

Industry

Feb 10, 2025

Layoffs

Intel Layoffs Deepen as Global Workforce Drops by 23,000

Intel, the semiconductor giant, has been undergoing significant workforce reductions as part of its cost-cutting measures. Over the past two years, the company has seen its global workforce shrink by a staggering 23,000 positions, far exceeding initial layoff projections. Intel Layoffs: Background, Financial Struggles, CEO Departure Intel’s layoffs began in earnest in 2022, with the […]

Feb 10, 2025

Layoffs

Infosys Layoffs: 400 Trainees Forced to Leave Mysuru Campus

Infosys, one of India’s leading IT companies, has recently terminated around 400 trainees at its Mysuru campus. The decision has sparked outrage among employees and labor rights organizations, who claim that the terminations were unjust and forceful. The trainees were onboarded in October 2024 after a two-and-a-half-year-long wait due to a macroeconomic slowdown that led […]

Feb 7, 2025

Layoffs

Workday to Cut 8.5% of Workforce in Strategic Restructuring

Workday, a leading human capital management firm, has announced plans to cut approximately 1,750 jobs, which accounts for 8.5% of its workforce. This decision is part of the company’s strategy to invest heavily in artificial intelligence (AI) and adapt to the current economic climate. The decision comes at a time when the human capital management […]

Feb 6, 2025

Layoffs

Salesforce to Cut Over 1,000 Jobs Amid AI Expansion

Salesforce, the renowned customer relationship management (CRM) platform, is set to reduce its workforce by more than 1,000 roles as part of a strategic restructuring initiative. This decision comes alongside the company’s ongoing efforts to bolster its sales force for new artificial intelligence (AI) products, signaling a significant shift in its operational focus. Context of […]

Feb 4, 2025

Layoffs

Google Offers Voluntary Exit to US Platforms & Devices Team

Tech giant Google has introduced a voluntary exit programme for its Platforms & Devices team, which includes employees working on Pixel, Android, Chrome, ChromeOS, Fitbit, Google Photos, Google One, and Nest. Google’s move comes amid broader cost-cutting measures in the tech industry, with several companies implementing layoffs and restructuring efforts. The US Department of Justice […]

Feb 1, 2025

Layoffs

NVIDIA Layoffs Spark Debate Over Innovation and Job Security

In a surprising move, NVIDIA has announced layoffs of employees who were instrumental in developing an innovation that allows AI models to use only 1/6 of the GPU. The decision, reportedly taken by NVIDIA CEO Jensen Huang, has sent shockwaves through the tech industry. Nvidia CEO’s Decision: Layoffs and Innovation NVIDIA recently announced layoffs targeting […]

Jan 29, 2025

Layoffs

Focus Edumatics Employees Protest Mass Layoffs Without Notice

In a shocking turn of events, Focus Edumatics, a US-based education firm operating in Coimbatore, has laid off hundreds of employees without prior notice. The abrupt termination has led to widespread protests by the affected employees, who gathered outside the labour office demanding justice and resolution of their pending payments. The incident has raised questions […]

Jan 29, 2025

Layoffs

Sportswear Giants Adidas and Puma Plan Workforce Reductions

Adidas has announced plans to cut up to 500 jobs at its headquarters in Herzogenaurach, Germany. This decision comes despite the company posting better-than-expected profits for the holiday quarter of 2024. The layoffs are part of a broader strategy to decentralize the company and adapt to the rapidly changing business environment. Adidas: Job Cuts and […]

Jan 27, 2025

Layoffs

Goldman Sachs Launches AI Assistant, 200,000 Job Cuts on Line

Goldman Sachs has recently introduced the GS AI Assistant to approximately 10,000 employees, marking a significant step in integrating artificial intelligence into its operations. This move reflects a broader trend in the financial industry, where AI is increasingly utilized to enhance efficiency and productivity. However, concerns about potential job displacement arise, with predictions suggesting AI […]

Jan 27, 2025

Layoffs

Stripe Lays Off 300 Employees, Eyes 17% Workforce Increase by 2025

Stripe, the leading fintech company specializing in payment processing for online businesses, has announced a reduction of its workforce by 300 employees. The layoffs, which primarily affected roles in product, engineering, and operations, were part of an organizational review aimed at ensuring the right talent is in place to achieve the company’s objectives. Stripe: Organizational […]

Jan 23, 2025

Layoffs

Top 5 IT Firms Report Job Cuts in Q3FY25 After Hiring Surge

India’s top five IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra—reported job cuts of 2,587 employees in the third quarter of FY25 (Q3FY25), reflecting a seasonal slowdown typical for the industry. This comes after a strong hiring boost in the previous quarter, suggesting a cautious recovery after the challenges of the […]

Jan 20, 2025

Layoffs

BP Announces Major Job Cuts in Global Cost-Saving Drive

U.K.-based oil giant BP has announced a reduction in its workforce, with plans to cut 4,700 jobs worldwide and an additional 3,000 contractor roles. This move is part of a broader cost-saving initiative aimed at improving the company’s financial health and competitiveness. Layoffs at BP: Financial Context The job cuts represent just over 5% of […]

Jan 18, 2025