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: May 2023

Layoffs

A woman secured a job at LinkedIn but was laid off before joining

May 10, 2023

Intel to sack staff due to losses, Cuemath pivots on LCX, retention

An American multinational corporation and technology company, Intel will sack its workforce to reduc...

Layoffs

May 9, 2023

Latest news: Intel to sack staff due to losses, Cuemath pivots on LCX, retention - SightsIn Plus

LinkedIn to cut jobs and shut its China app

LinkedIn, the worlds largest social media platform for professionals, is cutting positions and ...

Layoffs

May 9, 2023

Latest news: LinkedIn to cut jobs and shut its China app - SightsIn Plus

Company threw lavish party with branded drinks then laid off staff

Thenbspleader in offensive security company, Bishop Fox has laid off percent of its workforce o...

Layoffs

May 6, 2023

Latest news: Company threw lavish party with branded drinks then laid off staff - SightsIn Plus

Layoffs

Shopify & Teachmint lays off employees: Read CEO’s message

The layoff is not ending. Now, a leading provider of education-infrastructure solutions, Teachmint & Shopify has sacked employees. Teachmint sacks 70 more employees Teachmint has laid off 70 more employees in the second round of layoffs in six months. Previously, the company laid off 45 employees. The company looks forward to reducing costs. The company will […]

May 6, 2023

Layoffs

Meesho to fire 15% workforce due to judgment errors in over-hiring

A social commerce platform, Meesho will sack 15% workforce or 251 employees. This is the second round the company will cut jobs in just over a year. Earlier, the company laid off 150 workers around the same time last year. The spokesperson said, “We have taken a difficult decision to part ways with 251 Meeshoites, […]

May 5, 2023

Layoffs

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 […]

May 4, 2023

Layoffs

3M to layoff 6,000 employees globally, Amazon begins layoff in HR

An American multinational conglomerate, 3M is layoff 6,000 jobs as part of part of an ongoing restructuring. This is the second time the company has announced the layoff this year. The company has announced a total of 8,500 job cuts this year. This is nearly about a 10% decline in its global workforce. While 3M […]

Apr 27, 2023

Layoffs

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 […]

Apr 26, 2023

Layoffs

Edtech Startup Skill-Lync lays off more than 400 employees

Chennai-based, Edtech Startup Skill-Lync which provides job opportunities to students upon completion of the program, lays off over 400 employees due to a funding crunch. Currently, the Edtech firm has over 2,000 employees as per its LinkedIn page. Surya Narayanan Paneer Selvam, Co-Founder of the company sent an internal mail to the employees about the […]

Apr 25, 2023

Layoffs

IBM acquired Red Hat to lay off about 760 employees globally

IBM acquired, Red Hat will lay off nearly 4 per cent of its global workforce, or about 760 employees. The North Carolina-based software major Red Had currently has about 19,000 employees globally. According to media reports Red Hat CEO Matt Hicks said on job cuts “a decision our leadership team was truly hoping we could […]

Apr 25, 2023

Layoffs

Layoffs have no end: Deloitte to slash 1,200 jobs

According to the reports of Business Today, an international professional services company, Deloitte will sack around 1,200 jobs or 1.5% of its U.S. workforce. Deloitte said in an emailed statement, “Our U.S. businesses continue to experience strong client demand. As growth in select practices moderates, we are taking modest personnel actions where necessary.” Recently, […]

Apr 22, 2023

Layoffs

Simpl to layoff 150, Twitter’s rival Koo to sack 30% staff

The year 2023 has seen a downfall in hiring and an increase in the number of layoffs. Now, reports have circulated that Simpl and Koo have laid off employees. Simpl to layoff 150 employees India’s leading 1-tap checkout network meant to make payments invisible and money intelligent, Simpl will sack 25 percent which is nearly […]

Apr 20, 2023

Layoffs

Meta to look more layoffs across Facebook, WhatsApp, Instagram

In accordance with Bloomberg Reports, Meta formerly known as Facebook will layoffs companywide as it plans to restructure teams and works towards the goals. As Chief Executive Mark Zuckerberg earlier in February declared 2023 the “year of efficiency.” The company has informed managers to prepare for the job cuts. It indicates the layoffs will affect employees from Facebook, […]

Apr 19, 2023

Layoffs

EY to sack 3,000 Jobs or 5% nearly of its workforce

One of the Big Four accounting firms, Ernst & Young (EY) will cut 3,000 Jobs or 5% nearly of its Workforce in the US due to ‘Overcapacity’. The announcement follows less than a week after the unit’s objection torpedoed the global accounting giant’s plan to break up its audit and consulting units. Also Watch, Recession […]

Apr 18, 2023

Layoffs

IT company cuts 13% workforce of global team; read founder email

IT company, Amplitude co-founders Spenser Skates, Curtis Liu, and Jeffrey Wang sent an email announcing the decision to reduce the company’s global team by 13%. Amplitude is a digital analytics platform that gives self-service visibility into the entire customer journey. The IT company has the brain behind more than 45,000 digital products at over 1,000 […]

Apr 13, 2023