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Jobs Cut: HR News, Trends & Workplace Insights

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

Updated on: Jul 2024
Deutsche Bahn to Cut , Jobs
Employment

Deutsche Bahn to Cut , Jobs

Jul 29, 2024

PwC Layoffs in Chinas Financial Services Audit Team

PricewaterhouseCoopers PwC, a global professional services firm, is facing a critical decision in ...

Employment
Jul 17, 2024
PwC Layoffs in Chinas Financial Services Audit Team

Microsoft Faces Backlash After Cutting DEI Team Amid Changing Priorities

In a surprising move, Microsoft recently laid off an internal team focused on diversity, equity, and...

Employment
Jul 16, 2024
Microsoft Faces Backlash After Cutting DEI Team Amid Changing Priorities

Salesforce cuts jobs in second round layoffs

Salesforce, the renowned software giant, has recently announced a second round of layoffs, affecting...

Employment
Jul 16, 2024
Salesforce cuts jobs in second round layoffs
Yes Bank lays off 500 employees as part of restructuring efforts
Layoffs

Yes Bank lays off 500 employees as part of restructuring efforts

An Indian private sector bank, Yes Bank has undertaken an internal restructuring that has resulted in the layoff of 500 employees, with additional layoffs expected in the coming weeks, according to The Economic Times. The layoffs have affected staff across multiple departments, including wholesale and retail, with the branch banking segment experiencing the most significant […]

Jun 26, 2024
IT Sector Faces Silent Layoffs; Nearly 100,000 Jobs Lost in 2024
Layoffs

IT Sector Faces Silent Layoffs; Nearly 100,000 Jobs Lost in 2024

The year 2024 has been a turbulent period for the IT and Tech sector, with nearly 100,000 employees losing their jobs globally. According to Layoffs.fyi, 337 tech companies have laid off 98,834 employees in this year 2024. This significant reduction in the workforce highlights the ongoing challenges faced by the industry amidst economic uncertainties and shifting market […]

Jun 23, 2024
Paytm Employees Complain to Labour Ministry Over Layoffs
Layoffs

Paytm Employees Complain to Labour Ministry Over Layoffs

According to Moneycontrol, several employees of the fintech platform Paytm have filed a complaint to the Ministry of Labour and Employment. The complaint alleges that these employees were unlawfully terminated from their positions without being provided with any compensation. The report shows the serious nature of these allegations, bringing attention to potential issues within the […]

Jun 22, 2024
Intern Faces Toxic Work Culture: Laid off After Sick Leave
Social Media

Intern Faces Toxic Work Culture: Laid off After Sick Leave

An intern recounted her experience of being terminated from an internship shortly after relocating from Pune to Mumbai. She revealed that her dismissal occurred following a period of sick leave. Sharing the incident she took to LinkedIn explaining the incident, “I have been on the receiving end of toxic work culture during my one-month internship […]

Jun 13, 2024
Paytm lays off employees to improve cost efficiency
Layoffs

Paytm lays off employees to improve cost efficiency

One97 Communications, the parent company of Paytm, is implementing layoffs of an undisclosed number of employees as part of its restructuring efforts. This move aims to improve cost efficiency and streamline operations. The company has also committed to providing outplacement support to help the affected employees transition to new job opportunities. However, One97 Communications Limited […]

Jun 10, 2024
Kissflow to lays off 45-50 employees
Layoffs

Kissflow to lays off 45-50 employees

According to Money Control, Kissflow has reduced its workforce by approximately 15 percent, affecting around 45-50 employees. This downsizing spans across various departments, including sales, marketing, and product development. The layoffs were a consequence of the recent shutdown of certain products. Additionally, the decision followed the company’s annual performance reviews, which likely influenced the evaluation […]

Jun 10, 2024
An Employee Feels Survivorship Guilt After 80% Team was laid off
Layoffs

An Employee Feels Survivorship Guilt After 80% Team was laid off

In a recent Reddit post, an employee shared his emotions following his company’s mass layoff of 80% of his team. He expressed his emotions and lamented the lack of communication and closure, noting how his colleagues, already grappling with personal difficulties, were impacted by the sudden upheaval without warning or support. Sharing his views and […]

Jun 7, 2024
Google & Microsoft to lay off hundreds of roles: Report
Layoffs

Google & Microsoft to lay off hundreds of roles: Report

According to several media reports the top two leading IT firms Google and Microsoft lay off hundreds of roles. Google, led by Sundar Pichai laid off around 100 employees in its cloud unit last week. These cuts impacted sales, consulting, marketing, operations, and engineering departments, according to a CNBC report. A Google spokesperson said that […]

Jun 4, 2024
Ola Electric Cuts 500 Jobs for Cost Reduction
Layoffs

Ola Electric Cuts 500 Jobs for Cost Reduction

According to Economic Times, Ola Electric is preparing to downsize its workforce by approximately 400-500 employees across various departments. This restructuring initiative is slated to unfold over the forthcoming weeks as part of a broader strategy to trim operational expenditures in anticipation of the company’s impending initial public offering (IPO). However, the precise extent of […]

Jun 3, 2024
Paytm plans to cut 5,000-6,300 jobs amid the crisis
Layoffs

Paytm plans to cut 5,000-6,300 jobs amid the crisis

A multinational financial technology company, Paytm plans to cut 5,000-6,300 jobs amid the crisis. The company may cut around 15-20 percent of its workforce. In recent years, employee costs have increased due to investments primarily in technology, merchant sales, and financial services. For the coming year, while Paytm continues to invest in the merchant sales team […]

May 25, 2024
Infosys plans to avoid any job cuts & retain its talent pool
Industry

Infosys plans to avoid any job cuts & retain its talent pool

An Indian multinational information technology company, Infosys stands apart from industry trends triggered by GenAI, refraining from job reduction or any form of job cuts seen elsewhere. The company maintains a steadfast commitment to its workforce, ensuring stability amidst technological shifts. This strategic approach underscores Infosys’ resilience and dedication to fostering a supportive environment amid […]

May 24, 2024
Ex-Infosys Employee Claims Unfair Layoffs in Viral Post
Layoffs

Ex-Infosys Employee Claims Unfair Layoffs in Viral Post

A former employee of Infosys, an Indian multinational IT company, shared a LinkedIn post from Kumar Shubham, who worked as a Senior System Engineer. In his LinkedIn post, Kumar Shubham alleged that Infosys has engaged in unfair layoffs. This post has since gone viral, sparking a wide array of reactions from the online community. Many […]

May 17, 2024