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: Oct 2022
Intel Corporation plans to layoff thousands of employees
Layoffs

Intel Corporation plans to layoff thousands of employees

An American multinational corporation and technology company, Intel Corporation is planning thousands of Job cuts due to a slowdown in the personal computer market. As per Bloomberg reports, the layoffs will affect nearly 20% of employees. The layoffs will be announced as early as this month and some of Intel’s divisions. The other departments that will […]

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This CEO wants people to be happy that he laid off 500 employees
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This CEO wants people to be happy that he laid off 500 employees

Peloton, US exercise, and fitness equipment company, CEO Barry McCarthy has announced to lay off nearly 500 employees. These Job cuts are 12 percent of the total workforce. Earlier, in August the company laid off roughly 780 employees. The previous layoffs were the result of several stores shut down and hiked prices on bikes and […]

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Facebook may lay off 12000 employees
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Facebook may lay off 12000 employees

Meta is reportedly conducting ‘quiet layoffs‘ at Facebook that may lead to thousands of job cuts — at least 12,000 or about 15 per cent of its workforce. According to a report in Insider, the senior executives are in the process of executing “quiet layoffs” of underperforming workers. Several employees told Insider that as much as 15 […]

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EPAM sacks 100 in India, revokes offers
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EPAM sacks 100 in India, revokes offers

An American company that specializes in service development, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania, EPAM Systems has asked nearly 100 Indian employees to resign from the organization. The employees are forced to resign across EPAM Systems and EPAM Anywhere. According to ET, These employees are not tagged to any specific […]

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Layoff affecting employees; 2,900 more to lose jobs
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Layoff affecting employees; 2,900 more to lose jobs

As Covid-19 hit worldwide, many companies have been laying off employees for one or other reasons. Now, Siemens Gamesa plans to layoff. Siemens Gamesa is laying off nearly 3000 employees as the company plans for this move as it wants to return to a profitability state. However, earlier in the year Reuters had reported that the company was […]

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Boeing to outsource corporate jobs to TCS
Industry

Boeing to outsource corporate jobs to TCS

Boeing said that about 150 jobs nationwide will be cut in the first batch of layoffs, and will outsource them to Tata Consultancy Services (TCS). Boeing informed its non-union corporate staff through an all-hands virtual meeting. Last year the aerospace company Boeing has also outsourced IT work to Dell. This also affected the employees as […]

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Wipro has terminated 300 employees for moonlighting
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Wipro has terminated 300 employees for moonlighting

India’s IT services provider company, Wipro has laid off 300 employees who were found working with its competitor companies at the same time employment with Wipro. Wipro Chairman Rishad Premji said on 21 September that their employment has been terminated for an “act of integrity violation”. “The reality is that there are people today working […]

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Tencent layoffs gaming news site Fanbyte’s employees
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Tencent layoffs gaming news site Fanbyte’s employees

A Chinese multinational technology and entertainment conglomerate, Tencent have laid off the entire editorial workers at their online gaming publication -Fanbyte. The layoffs have affected the positions of editor-in-chief, head of media, options editor, social editor, information editor, graphic designer, podcast producer, and several other writers. Tencent workers who have been booted out posted their […]

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Twilio to lay off 11 per cent of employees
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Twilio to lay off 11 per cent of employees

Communications software provider company Twilio has announced that it will be laying off 11% of its workforce between 800 and 900. In a message to staff, CEO Jeff Lawson called the layoffs “wise and necessary,” blaming them partially on Twilio’s rapid growth over the last several years and “[lack of focus]” on key priorities. “I take responsibility […]

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HCL lays off 350 employees working on Microsoft project: Report
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HCL lays off 350 employees working on Microsoft project: Report

According to reports, India’s IT services provider, HCL Technologies has laid off 350 employees globally who were working on its client Microsoft’s news-related products. The layoffs have affected the employees who were working on its client Microsoft’s news-related products due to tough global market conditions. The lay off were from across geographies including Guatemala, the Philippines, […]

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Goldman Sachs plans job cuts
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Goldman Sachs plans job cuts

A leading global investment banking, securities, and investment management firm, Goldman Sachs is preparing for layoffs that could come as early as this month. According to people with knowledge of the matter, The company is planning to eliminate several hundred roles starting this month. While the total number is less than some previous rounds. Goldman Sachs chief […]

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Micro-Blog Company Koo layoffs 40 employees
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Micro-Blog Company Koo layoffs 40 employees

The Micro-Blog Company, Koo has laid off nearly 40 employees. The company is realigning its workforce for the current business requirements. The current layoffs will be impacting the operations and backend teams mainly from the Delhi and Northern Region locations. However, the company will continue to “recruit talent especially as far as engineering and machine […]

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