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: Apr 2024

Layoffs

Healthify is reducing its workforce by

Apr 29, 2024

Whirlpool to cut jobs worldwide in restructuring move

A leading kitchen and laundry appliance company, Whirlpool is planning to cut jobs worldwide in...

Layoffs

Apr 26, 2024

Latest news: Whirlpool to cut jobs worldwide in restructuring move - SightsIn Plus

Tesla persists with layoffs, aiming to cut , roles

An American multinational automotive and clean energy company, Tesla has disclosed intentions to lay...

Layoffs

Apr 24, 2024

Nike will sack over employees at Oregon Headquarters

Nike has announced another round of layoffs to sack nearly employees. On Friday, the company rep...

Layoffs

Apr 20, 2024

Latest news: Nike will sack over employees at Oregon Headquarters - SightsIn Plus

Layoffs

Layoff 2024: Toshiba to cut 5,000 jobs; Google sacks 28 employees

In 2024 the companies have been sacking employees; Toshiba to Cut 5,000 Jobs and on the other hand, and Google will also layoff employees. According to various media reports, Toshiba Corp. is allegedly considering to Layoff its Japanese workforce by 5,000 employees. The layoff will impact nearly 7 per cent of its total workforce in […]

Apr 19, 2024

Layoffs

Apple announced layoffs, affecting over 700 employees

Apple has indeed confirmed layoffs, affecting over 700 employees, following reports of the cancellation of two high-profile projects: the self-driving car initiative (Project Titan) and in-house Micro-LED display development. Under California’s Worker Adjustment and Retraining Notification (WARN) Act, companies like Apple are required to file notices for layoffs. These filings can provide insight into which […]

Apr 6, 2024

Layoffs

TCS employees filed complaint amidst layoff upheaval

The reported complaint against Tata Consultancy Services (TCS) filed by over 20 employees in the US with the US Equal Employment Opportunity Commission alleges discrimination based on race and age. The complaint suggests that the company favored individuals with H1-B visas over them in job assignments. This issue highlights the complexities and challenges surrounding employment […]

Apr 4, 2024

Layoffs

McKinsey is offering 9 months’ pay to leave the firm & find new Job

Amid a sector-wide downturn, McKinsey, a global management consulting firm plans to offer compensation to numerous senior employees opting to depart, aiming to trim its workforce. This initiative reflects McKinsey’s strategy to mitigate the impact of the downturn on its operations while allowing affected employees the opportunity to explore other career paths with financial support. […]

Apr 3, 2024

Layoffs

Byju’s initiates layoffs, releases staff without notice via calls

Byju’s, an edtech company, commenced layoffs via phone calls, bypassing performance improvement plans (PIP), as reported by Moneycontrol. Employees are reportedly not required to serve a notice period. Byju’s latest layoffs, as per the report, might affect 100 to 500 employees, primarily impacting the sales department within the company. Over the past two years, Byju’s […]

Apr 2, 2024

Layoffs

Zee Layoffs 50% of Bengaluru Tech Centre Workforce

Zee Entertainment initiated cost-cutting measures, slashing 50% of its tech team at the Bengaluru innovation center following the failed merger with Sony. According to a press release, the company announced layoffs, led by CEO Punit Goenka, to optimize resources and establish a cost-effective structure aimed at fostering sustained growth. However, Zee did not disclose the […]

Mar 30, 2024

Layoffs

Stellantis mandated WFH, then laid off 400 via remote call

Italian-American automaker Stellantis slashed over 400 roles across its US engineering, software, and tech sectors. The method of layoffs stirred controversy, as per Fortune magazine. Stellantis enforced a compulsory remote work day on Friday, March 22. Subsequently, the company conducted the dismissals remotely. This approach has drawn attention and criticism, reflecting evolving trends in remote […]

Mar 27, 2024

Layoffs

Dell cuts 6,000 jobs from global workforce

In a filing as of February 2, 2024, Dell had approximately 120,000 employees. As per reports of India today the company had 1,26,000 employees. The company said throughout Fiscal 2024, it has continued to take certain measures to reduce costs, including limiting external hiring, employee reorganizations, and other actions to align the investments with the announced […]

Mar 26, 2024

Layoffs

Ericsson to cut 1,200 jobs due to decreased demand

Ericsson, a Swedish multinational networking and telecommunications company plans to cut 1,200 jobs due to decreased demand. The company expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious. In line with managing lower volumes, the company has announced proposed staff reductions in Sweden. This measure is part of […]

Mar 26, 2024

Layoffs

Unilever to expedite GAP, cuts 7500 jobs, splits Ice Cream

Unilever has announced initiative to expedite its Growth Action Plan (GAP) by splitting its Ice Cream division and initiating a significant productivity program. The division of Ice Cream will aid Unilever’s leadership in expediting the execution of its GAP, introduced in October 2023. This strategy aims to streamline operations, enhance productivity, and foster a performance-driven […]

Mar 20, 2024

Layoffs

Air India terminates employment for over 180 non-flying employees

The flag carrier airline of India, Tata Group, Air India has terminated employment for over 180 non-flying employees. CNBC reported Air India’s statement, “As part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit.” “A comprehensive process has been followed to assess the suitability of […]

Mar 18, 2024

Layoffs

Paytm anticipates 20% reduction in its workforce

As per the reports of Money Control, one of India’s largest digital payment apps, Paytm expects to reduce its workforce by approximately 20%. However, the exact number is still unknown. The company’s current annual appraisal cycle could be driving these layoffs, with job cuts possibly being influenced by individual performance evaluations during this period. The report […]

Mar 16, 2024