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

Stellantis mandated WFH, then laid off via remote call

Mar 27, 2024

Dell cuts , jobs from global workforce

In a filing as of Februarynbsp, , Dell had approximately , employees. As per reports of...

Layoffs
Mar 26, 2024
Dell cuts , jobs from global workforce

Ericsson to cut , jobs due to decreased demand

Ericsson, a Swedish multinational networking and telecommunications company plans to cut , jobs ...

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

Unilever to expedite GAP, cuts jobs, splits Ice Cream

Unilever has announced initiative to expedite its Growth Action Plan GAP by splitting its Ice Crea...

Layoffs
Mar 20, 2024
Unilever to expedite GAP, cuts jobs, splits Ice Cream
Air India terminates employment for over 180 non-flying employees
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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
Shell to reduce Deals Team workforce by 20% for cost-saving
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Shell to reduce Deals Team workforce by 20% for cost-saving

An international energy company, Shell intends to trim its Deals Team workforce by at least 20% as part of ongoing efforts to streamline its business operations and lower expenses through restructuring. There are no official announcements regarding layoffs on the company’s end. However, according to Bloomberg, The spokesperson said, “Shell aims to create more value […]

Mar 15, 2024
YouTube Music contract staff sacked without notice
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YouTube Music contract staff sacked without notice

As the contract between Cognizant and Google came to an end, YouTube Music employees who were subcontracted through Cognizant faced layoffs. The workers had been asking for better pay and benefits for a year. Jack Benedict, a YouTube data analyst video was shared on the social media platform X highlighting the issue. The video headline […]

Mar 4, 2024
Dating App Bumble To Lay Off 350 Employees
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Dating App Bumble To Lay Off 350 Employees

The popular Dating App Bumble to sack employees as the company intends to reduce its global workforce by approximately 350 roles to better align its operating model with future strategic priorities and to drive stronger operating leverage. The popular Dating App Bumble expects to incur approximately $20 million to $25 million of non-recurring charges, consisting […]

Feb 29, 2024
Sony PlayStation division to cut 900 jobs: Read CEO Message
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Sony PlayStation division to cut 900 jobs: Read CEO Message

PlayStation maker Sony Interactive Entertainment will lay off overall headcount globally by 8% or about 900 people, subject to local law and consultation processes. The employees across the globe, including the studios are impacted. Jim Ryan, President & CEO, Sony Interactive Entertainment, said, “Through discussions over the past few months about the evolving economic landscape, […]

Feb 28, 2024
Expedia to cut 1,500 jobs; Bosch Group & Cisco sack employees
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Expedia to cut 1,500 jobs; Bosch Group & Cisco sack employees

Expedia, the online travel platform, would be reducing its global workforce by approximately 1,500 employees, which constitutes about 9% of its total staff. This decision is part of the company’s efforts to undergo an “organizational and technological transformation.” An Expedia Group spokesperson said, “This year we will be reviewing our operations which we expect will […]

Feb 27, 2024
Job cuts are expected to continue in tech companies
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Job cuts are expected to continue in tech companies

After two years of massive layoffs in IT and Tech companies, job cuts yet continue and are expected to carry on further in 2024. In the dynamic world of technology, where innovation is constant and rapid, businesses are continuously adapting to stay competitive. Unfortunately, this adaptability often comes at the expense of job stability. As […]

Feb 24, 2024
SpiceJet to sack nearly 1400 employees to save costs
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SpiceJet to sack nearly 1400 employees to save costs

According to the reports of the ET, An Indian low-cost airline, SpiceJet will sack nearly 1400 employees to save costs. However, according to company statements, “There aren’t any funding delays and we are progressing well with our fund infusion and have already made our public announcements accordingly,” the spokesperson said. “We will be making additional […]

Feb 12, 2024
Grammarly to layoff 230 employees as a part of the restructuring
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Grammarly to layoff 230 employees as a part of the restructuring

An AI-based writing assistant, Grammarly to layoff nearly 230 employees as a part of Restructure Business to Align With Company Strategy and Accelerate Growth. Grammarly has spent the last 15 years building and improving AI-powered writing assistance for millions worldwide. Over the past five years, the company team has grown from 200 to 1,000 team members […]

Feb 9, 2024
Snap to sack 10% of the workforce in a fresh round of layoffs
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Snap to sack 10% of the workforce in a fresh round of layoffs

An American multimedia instant messaging app, Snap said that the company will sack 10% of its global workforce which is nearly 500 employees. Snap had some 5,367 full-time employees as of October 2023. In August 2022, The company laid off 20% of its employees. As per the reports of the CNN Snap spokesperson said, “The cuts were done […]

Feb 6, 2024
Deutsche Bank is planning to reduce nearly 3,500 jobs
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Deutsche Bank is planning to reduce nearly 3,500 jobs

One of the world’s leading financial services providers, Deutsche Bank plans to reduce approximately 3,500 jobs, mainly in non-client-facing areas. The layoffs are nearly under 4% of its global workforce of about 90,000. The bank has set a goal for a quarterly run-rate of adjusted costs of € 5 billion and aims to operate with total […]

Feb 2, 2024
PayPal to sack 2500 employees: Read CEO’s Letter on Job Cuts
Layoffs

PayPal to sack 2500 employees: Read CEO’s Letter on Job Cuts

An American multinational financial technology company, PayPal has announced to sack 9% of its workforce, eliminating 2,500 jobs from its global offices. These job cuts will be carried out throughout the year with existing roles and job listings that Fintech major had planned to hire this year. The affected employees will receive a notice by […]

Jan 31, 2024