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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: Apr 2024
Ola Cab CEO Hemant Bakshi resigns Company plans job cuts
Layoffs

Ola Cab CEO Hemant Bakshi resigns Company plans job cuts

Apr 30, 2024

Healthify is reducing its workforce by

According to Inc , the Worlds Largest AI Health amp Fitness App, Healthify is slashing it...

Layoffs
Apr 29, 2024
Healthify is reducing its workforce by

Whirlpool to cut jobs worldwide in restructuring move

A leading kitchen and laundry appliance company, Whirlpool is planning to cut jobs worldwide in...

Layoffs
Apr 26, 2024
Whirlpool to cut jobs worldwide in restructuring move

Tesla persists with layoffs, aiming to cut , roles

An American multinational automotive and clean energy company, Tesla has disclosed intentions to lay...

Layoffs
Apr 24, 2024
Tesla persists with layoffs, aiming to cut , roles
Nike will sack over 700 employees at Oregon Headquarters
Layoffs

Nike will sack over 700 employees at Oregon Headquarters

Nike has announced another round of layoffs to sack nearly 740 employees. On Friday, the company reported the layoffs to Oregon’s Office of Workforce Investments. In February, the company announced its plan to trim roughly 2% of its workforce, totaling over 1,600 positions. Nike told to KPTV, “We are always at our best when we’re […]

Apr 20, 2024
Layoff 2024: Toshiba to cut 5,000 jobs; Google sacks 28 employees
Layoffs

Layoff 2024: Toshiba to cut 5,000 jobs; Google sacks 28 employees

In 2024 the companies have been sacking employees; Toshiba to Cut 5,000 Jobs and on the other hand, and Google will also layoff employees. According to various media reports, Toshiba Corp. is allegedly considering to Layoff its Japanese workforce by 5,000 employees. The layoff will impact nearly 7 per cent of its total workforce in […]

Apr 19, 2024
Microsoft worker fired after over 30 years; reveals cause of layoffs
Social Media

Microsoft worker fired after over 30 years; reveals cause of layoffs

An American multinational corporation and technology company, Microsoft has recently laid off an employee after over 30 years of service. Jeff Bogdan, former Director of Learning and Development, Microsoft Windows shared the LinkedIn post saying, “My 33-year run with the wonderful Microsoft came to a close in February, when my job was eliminated. “I spent […]

Apr 17, 2024
Citi Bank suffers from increased severance expenses amid layoffs
Industry

Citi Bank suffers from increased severance expenses amid layoffs

Citi Group faced first-quarter challenges with rising expenses for severance payouts to laid-off staff and investments in replenishing a government deposit insurance fund, impacting its performance. In January,  Citigroup was expected to cut at least 20,000 jobs over the next two years as it reported its worst quarter in 14 years. In its restructuring, Citi […]

Apr 15, 2024
Apple announced layoffs, affecting over 700 employees
Layoffs

Apple announced layoffs, affecting over 700 employees

Apple has indeed confirmed layoffs, affecting over 700 employees, following reports of the cancellation of two high-profile projects: the self-driving car initiative (Project Titan) and in-house Micro-LED display development. Under California’s Worker Adjustment and Retraining Notification (WARN) Act, companies like Apple are required to file notices for layoffs. These filings can provide insight into which […]

Apr 6, 2024
TCS employees filed complaint amidst layoff upheaval
Layoffs

TCS employees filed complaint amidst layoff upheaval

The reported complaint against Tata Consultancy Services (TCS) filed by over 20 employees in the US with the US Equal Employment Opportunity Commission alleges discrimination based on race and age. The complaint suggests that the company favored individuals with H1-B visas over them in job assignments. This issue highlights the complexities and challenges surrounding employment […]

Apr 4, 2024
Zee Layoffs 50% of Bengaluru Tech Centre Workforce
Layoffs

Zee Layoffs 50% of Bengaluru Tech Centre Workforce

Zee Entertainment initiated cost-cutting measures, slashing 50% of its tech team at the Bengaluru innovation center following the failed merger with Sony. According to a press release, the company announced layoffs, led by CEO Punit Goenka, to optimize resources and establish a cost-effective structure aimed at fostering sustained growth. However, Zee did not disclose the […]

Mar 30, 2024
Stellantis mandated WFH, then laid off 400 via remote call
Layoffs

Stellantis mandated WFH, then laid off 400 via remote call

Italian-American automaker Stellantis slashed over 400 roles across its US engineering, software, and tech sectors. The method of layoffs stirred controversy, as per Fortune magazine. Stellantis enforced a compulsory remote work day on Friday, March 22. Subsequently, the company conducted the dismissals remotely. This approach has drawn attention and criticism, reflecting evolving trends in remote […]

Mar 27, 2024
Dell cuts 6,000 jobs from global workforce
Layoffs

Dell cuts 6,000 jobs from global workforce

In a filing as of February 2, 2024, Dell had approximately 120,000 employees. As per reports of India today the company had 1,26,000 employees. The company said throughout Fiscal 2024, it has continued to take certain measures to reduce costs, including limiting external hiring, employee reorganizations, and other actions to align the investments with the announced […]

Mar 26, 2024
Ericsson to cut 1,200 jobs due to decreased demand
Layoffs

Ericsson to cut 1,200 jobs due to decreased demand

Ericsson, a Swedish multinational networking and telecommunications company plans to cut 1,200 jobs due to decreased demand. The company expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious. In line with managing lower volumes, the company has announced proposed staff reductions in Sweden. This measure is part of […]

Mar 26, 2024
Unilever to expedite GAP, cuts 7500 jobs, splits Ice Cream
Layoffs

Unilever to expedite GAP, cuts 7500 jobs, splits Ice Cream

Unilever has announced initiative to expedite its Growth Action Plan (GAP) by splitting its Ice Cream division and initiating a significant productivity program. The division of Ice Cream will aid Unilever’s leadership in expediting the execution of its GAP, introduced in October 2023. This strategy aims to streamline operations, enhance productivity, and foster a performance-driven […]

Mar 20, 2024
Air India terminates employment for over 180 non-flying employees
Layoffs

Air India terminates employment for over 180 non-flying employees

The flag carrier airline of India, Tata Group, Air India has terminated employment for over 180 non-flying employees. CNBC reported Air India’s statement, “As part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit.” “A comprehensive process has been followed to assess the suitability of […]

Mar 18, 2024