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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: Aug 2023
Bengaluru-based startup fired employees helping find new jobs
Layoffs

Bengaluru-based startup fired employees helping find new jobs

Aug 3, 2023

Spinny used car retailer to cuts jobs to boost profitability

A new-age used car end-to-end platform in India, Spinny will cut around jobs in order to boost p...

Layoffs
Aug 3, 2023
Spinny used car retailer to cuts jobs to boost profitability

Layoffs in July include toxic culture, breach of ethical code

The year has been a year of layoffs. So far innbsp, there have beennbsp,nbsplayof...

Layoffs
Aug 2, 2023
Layoffs in July include toxic culture, breach of ethical code

Ericsson and Accenture to slash and  jobs respectively

The two major employers, Ericsson is to cut of its US jobs amp Accenture plans to cut jobs...

Layoffs
Aug 1, 2023
Ericsson and Accenture to slash and  jobs respectively
Citigroup is monitoring WFO, low attendance may lead to losing job
Work Model

Citigroup is monitoring WFO, low attendance may lead to losing job

An American multinational investment bank and financial services corporation, Citigroup UK to start monitoring employees’ office attendance. Citigroup will now focus on employees those who are taking advantage of hybrid work. Additionally, it will check the employees who have repeatedly avoided coming into the office without reason. According to Business Insider, the attendance of the employees […]

Aug 1, 2023
Wipro’s Capco India Sends Employees on Garden Leaves
Work Model

Wipro’s Capco India Sends Employees on Garden Leaves

Capco India, a subsidiary of Wipro Limited has sent some of its employees on Garden Leave, handing over 2 to 3 months’ pay. What Is Garden Leave? A garden leave refers to the period during which an employee stays away from the workplace, or works remotely during the notice period. The employee remains on the payroll […]

Jul 27, 2023
Flipkart owned Myntra to layoff employees amid restructuring
Layoffs

Flipkart owned Myntra to layoff employees amid restructuring

India’s leading e-commerce company, Flipkart-owned Myntra will layoff employees amid restructuring. Additionally, it is expected that the e-commerce company is likely to eliminate about 50 roles across the organization. “In our endeavor to cater to the ever-evolving needs of our customers, new developments, and technology innovations, we recalibrate our business priorities and review our organizational structure […]

Jul 26, 2023
Overestimation of demand led to post-COVID job cuts: Minister
Layoffs

Overestimation of demand led to post-COVID job cuts: Minister

In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated, “If we look at the tech space, layoffs occurred post-Covid. It happened to companies like Google, Microsoft, Meta, and even smaller startups. When the world was emerging from Covid, everyone […]

Jul 25, 2023
My boss revoked my Work From Home day and threatens to fire
Social Media

My boss revoked my Work From Home day and threatens to fire

Work from home continues to gain popularity and can be a beneficial arrangement for both employers and employees. Recently, a Reddit user shared a story claiming “My boss revoked my work from home day and told me to hurry up and find a new job”. An employee said in a post, “So I came back to the […]

Jul 25, 2023
Woman lost job to ChatGPT, starts selling water at grocery stores
Social Media

Woman lost job to ChatGPT, starts selling water at grocery stores

Emily Hanley lost her job due to ChatGPT. In order to her survival, she started selling water at grocery stores. According to Business Insider, Emily Hanley-a freelance writer said, “For the past several years I worked as a full-time freelance copywriter; I’d work on webpages, branded blogs, online articles, social-media captions, and email marketing campaigns.” “I […]

Jul 22, 2023
Company sacks ‘Top Performer’ to set an example for others
Social Media

Company sacks ‘Top Performer’ to set an example for others

Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which gained significant attention and criticism. According to the user, the company fired one of its most accomplished employees. The post said, “Honestly, a lot of things have been going down at […]

Jul 21, 2023
Over 3 Lakhs employees (1,600 people per day) laid off in 2023
Layoffs

Over 3 Lakhs employees (1,600 people per day) laid off in 2023

The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]

Jul 20, 2023
Dukaan 90% of customer support staff replaced with AI chatbot
Layoffs

Dukaan 90% of customer support staff replaced with AI chatbot

A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]

Jul 12, 2023
Microsoft laid off 276 employees in new job cut round
Layoffs

Microsoft laid off 276 employees in new job cut round

An American multinational technology corporation, Microsoft has recently laid off 276 employees in a new job cut round. A Microsoft spokesperson stated, “Organisational and workforce adjustments are a necessary and regular part of managing our business.” “We will continue to prioritize and invest in strategic growth areas for our future and in support of our […]

Jul 11, 2023
Almost 50% of employees in India feel insecure in their jobs
Survey & Report

Almost 50% of employees in India feel insecure in their jobs

The year 2023 started on a layoff note so far in 2023, there have been 1,206 layoffs at tech companies with 315,916 employees impacted (1,672 people per day). In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly […]

Jul 8, 2023
Tata Steel sacks 35 employees for breach of ethical code
Layoffs

Tata Steel sacks 35 employees for breach of ethical code

An Indian multinational steel-making company, Tata Steel has sacked 35 employees for breach of the ethical code according to TOI reports. Tata Steel chairman N Chandrasekaran said, “The company has made significant acquisitions in the last few years and initiated a drive for an open culture.” “Employee can express his or her concerns. It could […]

Jul 6, 2023