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: Dec 2022

Layoffs

Is a year of layoffs? Companies layoff nearly , people

Dec 12, 2022

Intel sets out unpaid leaves for months to employees, starts layoff

Intel offering months of unpaid leave to employees as a result of cost-cutting measures. The chipm...

Layoffs

Dec 10, 2022

Digital company HealthifyMe announces layoff people slashed

Indias leading health tech start-up, HealthifyMe announced the layoff of employees. The step is...

Layoffs

Dec 9, 2022

Latest news: Digital company HealthifyMe announces layoff people slashed - SightsIn Plus

Adobe sacked employees, majorly from the sales team

Adobe has reportedly laid off employees but the firm confirms that the layoff is not companywide...

Layoffs

Dec 8, 2022

Latest news: Adobe sacked employees, majorly from the sales team - SightsIn Plus

Layoffs

Vedantu cuts 385 jobs, leadership takes 50% pay cut

Edtech major Vedantu has laid off another 385 employees. This is nearly 11.6 percent of the company workforce. The Job cuts will affect the workforce from sales, HR, and content teams. This is the fourth round of layoffs undertaken by the edtech unicorn in 2022. Vedantu’s co-founders and a few members of the leadership team […]

Dec 8, 2022

Layoffs

Morgan Stanley cuts about 1,600 jobs, 2% of its workforce

An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce. The job cuts will affect workforce reductions at Goldman Sachs Group Inc and Citigroup Inc. The bank has more than 81,000 employees worldwide as of September 30. Morgan Stanley is making modest […]

Dec 8, 2022

Layoffs

PepsiCo to layoff hundreds of staff at headquarters

An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North American snacks and beverages division. “The overall US labour market remains historically tight, with employers competing for a limited pool of labor and bidding up wages despite an uncertain economic outlook,” the report […]

Dec 8, 2022

Layoffs

Amazon is on the urge of the biggest layoff including top executives

Amazon is on the urge of the biggest layoff including top executives in the company since it was founded. Expected to slash 20,000 employees from the workforce. Entering 2023 within a few days might not be as fun for Amazon employees and tech employees across the industry as organizations are making adjustments through layoffs as […]

Dec 6, 2022

Layoffs

OYO is in the process of laying off employees

The tech-based Indian multinational Oyo Hotels and Homes Pvt. Ltd has announced a huge business restructuring leading to 600 job cut reducing 10% of its employee base. In a statement, Oyo said the firm is undergoing a transformational process to align its business more competitively. The statement by Oyo Chief Executive Office Ritesh Agarwal also […]

Dec 5, 2022

Layoffs

Hiring platform Hirect sacked 40% of the workforce

A leading job portal in India, Hirect has sacked nearly 200 people which is 40 percent of the total workforce. Hirect laid off these employees due to organizational restructuring and a strategic change in its business model. The company has become a victim of the slowdown in new hiring. The Co-founder and CEO of Hirect Raj […]

Nov 29, 2022

Layoffs

US firm laid off nearly 2,700 people when they were ‘asleep’

A leader in the furniture industry and one of the largest furniture producers in the United States, United Furniture Industries has laid off approximately 2,700 workers. Most of the sacked employees from the company live in northeast Mississippi. The laid-offs came just days before the Thanksgiving holiday. However, The company sent a memo via email and […]

Nov 28, 2022

Layoffs

Railways fired one ‘non-performer or corrupt official’ every 03 days

According to PTI, the Railways has weeded out one “non-performer or corrupt official” every three days in the past 16 months, officials said. Two senior-grade officers were sacked on Wednesday, sources said. Around 139 officials from the Indian Railways have been asked for Voluntary Retirement Scheme (VRS). The Indian Railway has agreed on a salary […]

Nov 26, 2022

Layoffs

HP to cut at least 4,000-6000 jobs

An American multinational information technology company, HP is planning to lay off nearly 4000 to 6,000 employees. This layoff is nearly around 12 percent of the company’s global workforce. HP currently employs nearly 50,000 people as of December 2021. The company has planned this layoff up till the end of fiscal 2025. “We had a […]

Nov 23, 2022

Layoffs

Google plans to fire 10,000 poor performing employees

An American multinational technology company, Google is planning to fire nearly 10,000 employees. The layoffs will be on the grounds of ‘poor performance’. The layoffs are nearly 6% of the total workforce. Google will use a ranking system and the lowest-ranked employees are expected to be fired from the company. Since 2017 the company has […]

Nov 22, 2022

Layoffs

Zomato laying off nearly 3% of staff due to cost-cutting

Indian multinational restaurant aggregator and food delivery company, Zomato has confirmed that the company is laying off under 3 percent of its staff across the organization. The company said that the layoffs are based on regular performance. Earlier, Zomato Ltd confirmed on Friday that its co-founder, Mohit Gupta has resigned from the company. Mohit resigned after about […]

Nov 19, 2022

Layoffs

Cisco to lay off over 4,000 employees

An American-based multinational digital communications technology conglomerate corporation, Cisco will be laying off more than 4,000 employees. According to a report in Silicon Valley Business Journal, the company is laying off nearly 5 percent of its workforce. The company has described this as a “rebalancing” act while “rightsizing certain businesses.” Cisco Chief Financial Officer Scott Herren […]

Nov 19, 2022