Employment Termination: HR News, Trends & Workplace Insights

Latest Employment Termination HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employment Termination.

Updated on: Dec 2022

Talent Management

Managing Redundancy in Organizations The HR Way

Dec 7, 2022

How to prepare for layoffs?

The current global economic environment is gloomy. Wherever you look the conversations are centred a...

Economic Slowdown

Nov 28, 2022

Byjus employees in Kerala asked to resign forcefully

On Tuesday, a group of Byjus employees met V Sivankutty, Kerala labour minister alleging that the e...

Industry

Oct 26, 2022

Byjus employees in Kerala asked to resign forcefully

SaaS firm, FarEye lays off employees at the time of appraisal

FarEye, the Software-as-a-service SaaS provider has laid off around employees at the time of t...

Industry

Jun 13, 2022

SaaS firm, FarEye lays off employees at the time of appraisal

Industry

Twitter enters restructuring mode, focuses on user growth

As Twitter pauses hiring, the micro-blogging platform is reportedly shifting employees away from audio Spaces, Communities and newsletters verticals for areas that “will have the greatest positive impact to the public conversation”. The restructuring is happening under Jay Sullivan, the new head of product and interim head of revenue, reports Bloomberg. Twitter CEO Parag Agrawal last month fired […]

Jun 3, 2022

Industry

Healthtech startup MFine laid off over 500 people due to funding crunch

The Bengaluru-based, healthtech startup, MFine has laid off 500 employees as the startup struggles to raise funds. According to media reports, the job cut accounts for about half the workforce. The company was hiring employees until last month and has about 1,000 employees. It laid-off employees across data science, engineering, and product departments. Employees were […]

May 23, 2022

Industry

Henkel is slashing 2,000 jobs due to rising costs and low demand

Germany’s Henkel is slashing 2,000 jobs in response to rising costs and low demand for its shampoos and hair sprays and aims to make 500 million euros ($530 million) in gross savings in the medium-term from the merger of its cosmetics and detergents units. The job cut and savings targets, announced on Thursday, illustrate the […]

May 7, 2022

Industry

All units of TS Textile Park shut, nearly 1000 people to lose jobs

The owners of these units have faced a heavy financial crunch so they had to close the units shut shop total of the 117-odd units, around 50 units were closed earlier and the remaining were shut on Sunday. With the closure of all the units, the Sircilla Textile Park wore a deserted look. The worst fears […]

May 3, 2022

Industry

Thousands of layoffs are planned as part of Novartis restructuring

Novartis AG has confirmed that it would cut jobs as part of a wide-ranging restructuring aimed at saving $1 billion by 2024. The Swiss healthcare company said that it would integrate its pharmaceuticals and oncology units into two medicines units–one for the U.S. and one that focuses on the international market. “These efficiencies will come […]

Apr 13, 2022

Industry

Unacademy lays off 600 employees as part of a cost-cutting measure

Edtech unicorn Unacademy, which recently launched an experience centre- Unacademy Store, has laid off nearly 600 employees, almost 10% of its workforce. The SoftBank-backed start-up employs over 6,000 people, and this firing is said to be a cost-cutting measure. Sources familiar with the development said nearly half of the employees fired were educators, and they were […]

Apr 8, 2022

Industry

P&O Ferries UK shipping firm fires 800 people over 3 mints video message

P&O Ferries, UK’s leading ferry company, has fired its 800 employees with immediate effect. This sudden mass layoff is similar to what Vishal Garg did at Better.com inviting a lot of criticism on social media. The termination took place through a three-minute pre-recorded video that was leaked on the internet. This brought chaos to some […]

Mar 22, 2022

Industry

Better.com CEO fires 900 employees over Zoom

According to a CNN report, Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on a Zoom webinar abruptly informing the more than 900 employees on the call they were being terminated just before the holidays. “If you’re on this call, you are part of the unlucky group […]

Dec 7, 2021