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: Jul 2023

Layoffs

Flipkart employees to get cash payout from m Esop buyback

Jul 7, 2023

Tata Steel sacks employees for breach of ethical code

An Indian multinational steel-making company, Tata Steel has sacked employees for breach of the e...

Layoffs

Jul 6, 2023

Latest news: Tata Steel sacks employees for breach of ethical code - SightsIn Plus

KPMG laid off , US workforce Deutsche Bank to cut jobs

is the year of layoffs, top leading companies have been laying off thousands of employees. Rece...

Layoffs

Jun 27, 2023

Latest news: KPMG laid off , US workforce Deutsche Bank to cut jobs - SightsIn Plus

Endless layoffs Uber sacks people from its recruitment team

A transportation conglomerate, Uber is laying off employees from its recruitment division. The l...

Layoffs

Jun 22, 2023

Layoffs

OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees

OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reduction of approximately 800 jobs worldwide The company has started shutting down operations of its automotive unit, Olx Autos, in certain markets after exploring potential buyers and investors 6 months earlier, OLX’s planned to reduce its global workforce by 1,500 employees […]

Jun 21, 2023

Layoffs

Mojocare layoffs 80% employees to improve capital efficiency

A Bengaluru-based health tech Mojocare layoffs 80 percent of its workforce nearly 160 employees. The layoffs are to improve capital efficiency and unit economics. The company said in a statement said, “A majority of Mojocare investors initiated a review of the company’s financial statements. While the analysis remains ongoing, initial findings have uncovered financial irregularities […]

Jun 19, 2023

Layoffs

Mamaearth’s Momspresso, Oracle & more laid off many employees

The Layoffs are never-ending recently Mamaearth’s Momspresso, Oracle and TrueCar have laid off several employees. India’s largest user-generated content platform for women, Mamaearth’s Momspresso has laid off 80–100 employees. As reported by The Hindu Business Line, it will impact the brand marketing vertical. In 2021, Mamaearth acquired a majority stake in the parenting platform Momspresso. Momspresso […]

Jun 16, 2023

Layoffs

Better.com start job cuts again, layoffs entire real estate team

An American company, Better.com have started the job cuts again and this time the company is laying off the entire real estate team. Better.com has laid off nearly 4000 employees in India and the United States. Last year in May 2022, the company gave its employees in India the option to quit. Due to this reason of […]

Jun 10, 2023

Layoffs

Byju’s fresh round of job cuts, likely to fire 1,000 employees

India’s largest ed-tech company, Byju’s is expected to lay off around 1,000 more employees in the fresh round of layoffs. As per the reports, The layoffs will be affecting the sales and marketing teams. The report also added that the company will be providing two months of salary as severance pay amidst a severe cash crunch. […]

Jun 10, 2023

Layoffs

Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans

An American social news aggregation, content rating, and discussion website, Reddit is laying off about 5 percent workforce. According to media reports, The company will sack nearly 90 people due to the global economic slowdown. According to reports, the company’s CEO Steve Huffman has informed the employees through an internal email to employees. The CEO wrote, “We’ve […]

Jun 7, 2023

Layoffs

Meta employee reveals of being laid off twice: ‘It’s been grueling’

Andrea Guzmán García-Luna, a former Meta employee has shared her experience and her struggles with mental health after being laid off by the company twice. Andrea Guzmán García-Luna shared a LinkedIn Post saying, “I’ve been laid off by Meta… TWICE. The first time was in February 2018 when the Instagram Community Team disintegrated. The second […]

Jun 1, 2023

Layoffs

Meta India directors of marketing, media partnerships laid off

Facebook’s parent company Meta has laid off employees in its business and operations units as part of its final batch of the three-round of layoffs. According to media reports, these layoffs are part of a plan announced in March to eliminate 10,000 roles. The layoffs at Meta have also included two top Indian executives. According […]

May 25, 2023

Layoffs

2 lakh techies lost their jobs in 2023; more likely to happen soon

The year 2023 has become the worst year for tech employees. In the current year, nearly 2 lakh tech employees from Big Tech firms to startups have been sacked to date globally. The major layoffs in May are as below:- Apparently, major tech companies are laying off employees exponentially due to economic uncertainties. The move […]

May 23, 2023

Layoffs

JioMart fires 1,000 employees, and more than 9000 jobs at risk

An Indian e-commerce company, JioMart fires 1,000 employees and more than 9000 jobs at risk that can be laid off in the coming weeks. This comes after the company aims to align its operations with Metro Cash and Carry that it acquired recently. The job cuts at JioMart will be part of a larger […]

May 23, 2023

Layoffs

Woman laid off by Amazon rejoins same team after 4 months

A Woman named Paige Cipriani was laid off by the layoffs at Amazon in January and rejoined the same team after 4 months. As per LinkedIn profile, Paige Cipriani, Product Marketing Manager, Social Marketing at Amazon shared a post saying, “I am so happy to announce that on Monday. I started back at Amazon on the […]

May 22, 2023

Layoffs

BT plans massive layoffs, to cut up to 55000 jobs

The UK telecommunication giant British Telecommunications (BT Group) has planned massive layoffs to cut up to 55000 jobs and some of these jobs will be replaced by artificial intelligence. Philip Jansen, Chief Executive, said, “We have delivered our outlook for FY23: this year we’ve grown both pro forma revenue and EBITDA for the first time in […]

May 20, 2023