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 2023

Layoffs

Meta to look more layoffs across Facebook, WhatsApp, Instagram

Apr 19, 2023

EY to sack , Jobs or nearly of its workforce

One of the Big Four accounting firms, Ernst amp Young EY will cut , Jobs or nearly of its...

Layoffs

Apr 18, 2023

Latest news: EY to sack , Jobs or nearly of its workforce - SightsIn Plus

IT company cuts workforce of global team read founder email

IT company, Amplitude co-founders Spenser Skates, Curtis Liu, and Jeffrey Wang sent an email announc...

Layoffs

Apr 13, 2023

Latest news: IT company cuts workforce of global team read founder email - SightsIn Plus

Google rolls back its COVID vaccine policy, Pichai on mass layoffs

Earlier Google had announced to elimination or reduction of several perks, including some of the com...

Industry

Apr 12, 2023

Layoffs

Practo sacks 41 employees; Tips entering startups during layoffs

Healthtech startup Practo has sacked nearly 41 employees due to Performance Issues. “As always, we are and will remain fully committed to providing the requisite support to all employees who may be impacted,” said Practo, in a statement. The company has terminated the employees based on the performance management and planning process. However, the company is […]

Apr 10, 2023

Layoffs

Google & Amazon offering upto 1 year salary to leave voluntarily

According to the reports of the Business Standard, Both the tech companies Google & Amazon have recently announced the sack of thousands of employees. However, the companies are offering salaries so they leave voluntarily. Google Speaking about the geographical bifurcations in Europe mass layoffs are not possible due to labor protections. Prior to the layoffs, […]

Apr 7, 2023

Compensation

Amazon to plans to cut Stock Awards & fire hundreds of employees

The e-commerce technology company, Amazon has recently announced to sack more than 100 employees from its gaming division. The company is ongoing efforts to restructure and streamline its operations resulting in layoffs. The company’s Games VP Christoph Hartmann wrote a memo to staff and informed them about the job cuts. Christoph Hartmann wrote, “After evaluating […]

Apr 6, 2023

Layoffs

‘Rollercoaster of emotions,’ says Microsoft employee fired after 25 yrs of job

The year 2023 started off with the layoff note. Many Tech companies have sacked lakhs of employees. Recently, Microsoft conducted another round of layoffs which affected 10,000 employees. Among the affected employees who lost their jobs a woman named Ann Pfeiffer has shared her experience. The company has fired the employee after over 25 years of service. […]

Apr 5, 2023

Layoffs

McKinsey & Company to slash 1,400 jobs this week

According to a Bloomberg report, Consulting giant McKinsey & Company is embarking on a rare round of major job cuts, with plans to eliminate about 1,400 jobs this week. The job cut is nearly 3% of the total workforce. The company is laying off employees due to a global economic downturn. The company is restructuring […]

Mar 29, 2023

Layoffs

Employee sacked for reheating food in the company’s microwave

The year 2023 started on a layoff note. So far in 2023, there have been 708 layoffs at tech companies with 211,140 people impacted (2,427 people per day). In 2022, there were 1,535 layoffs at tech companies 241,176 people were impacted. There can be many reasons behind sacking an employee. Companies are laying off employees due to poor performance, cost-cutting, or due to economic uncertainty. […]

Mar 28, 2023

Layoffs

GitHub sacks entire engineering team in India

Microsoft-owned, AI-powered developer platform GitHub has sacked its entire engineering team operating in India. This has affected nearly 100 employees. Gergely Orosz, Tech writer has shared the information through a Tweet, “What I am hearing: GitHub’s India engineering team is no more. Yesterday, the complete dev team was let go at once. We’re talking of […]

Mar 28, 2023

Layoffs

IT services companies plan to cut 5% of the BFSI workforce

The US and European banks are currently facing a financial crisis. This will adversely affect India’s many IT services companies including Tata Consultancy Services (TCS), Wipro, HCL, and Infosys. The reports suggested that the regional banks in the US account for 2-3 percent of their total revenue. However, TCS, Infosys, and Mindtree may have an exposure of 10-20 basis […]

Mar 25, 2023

Layoffs

No end to layoffs! READ heartbroken CEO’s message on layoffs

There is no end to layoffs recently an American worldwide employment website, Indeed has sacked 2,200 employees roughly 15% of the workforce. The company’s severance package will have some additions based on role and location, but under the severance agreement employees will receive: Indeed CEO Chris Hyams wrote, “I am heartbroken to share that I have made […]

Mar 25, 2023

Layoffs

Accenture to sack 19,000 employees in next 18 months

A leading global professional services company, Accenture will sack 19,000 employees which is nearly 2.5 percent of the company’s workforce. More than half of the layoffs would impact employees in its non-billable corporate functions. According to CNBC reports the layoff will be over a period of the next 18 months. CNBC-TV18 shared a tweet saying, “#NewsFlash | […]

Mar 23, 2023

Layoffs

‘Please resign’: Zuckerberg’s email, asks an employee to resign

An old email from Meta CEO Mark Zuckerberg wrote on September 22, 2010, in which he is asking a Facebook employee to “please resign” came out in public for the first time on Tuesday. The email was shared by Internal Tech Emails on Twitter. The email read, “Lots of you saw the TechCrunch story over […]

Mar 23, 2023

Layoffs

Amazon employee disappointed ‘my first job ended so soon’

The year 2023 started on a layoff note many Tech companies have sacked lakhs of employees. So far in 2023, there have been 668 layoffs at tech companies with 184,850 people impacted (2,311 people per day). Amazon has recently announced the second round of layoffs. Amazon sacked 27,000 employees in the last three months. Recently, the company announced to layoff of 9000 […]

Mar 21, 2023