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 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 […]

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PwC Australia sacks eight partners over tax leak scandal
Industry

PwC Australia sacks eight partners over tax leak scandal

According to Reuters, PwC Australia has fired eight partners as part of an internal investigation into the leak of confidential government tax plans by another former partner, the firm said on Monday. The eight partners, who have left or are in the process of leaving, include former CEO Tom Seymour, who resigned in May after admitting he […]

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Boss asks woman to join a work call after she quit, its gone viral
Industry

Boss asks woman to join a work call after she quit, its gone viral

Social media is filled with various experiences of employees facing problems at the workplace. Recently, a boss asked the woman to join a work call after she quit. A woman shared a tweet explaining how her boss asked her to join a work call after she left the company. In a recent Tweet, an employee […]

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KPMG laid off 2,000 US workforce; Deutsche Bank to cut 1700 jobs
Layoffs

KPMG laid off 2,000 US workforce; Deutsche Bank to cut 1700 jobs

2023 is the year of layoffs, top leading companies have been laying off thousands of employees. Recently, KPMG has laid off 2,000 US workforce and Deutsche Bank to reduce 1700 jobs. KPMG has laid off 2,000 jobs One of the Big Four accounting organizations, KPMG is laying off 5% of its U.S. employees due to “economic […]

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Byju’s employees want to leave the firm before they are fired, Why?
Industry

Byju’s employees want to leave the firm before they are fired, Why?

Indian ed-tech startup Byju’s employees are concerned about their future as the company has carried several rounds of job cuts. Byju’s has already sacked several thousand employees this year due to slowing demand. The company recently sacked 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, […]

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Endless layoffs: Uber sacks 200 people from its recruitment team
Layoffs

Endless layoffs: Uber sacks 200 people from its recruitment team

A transportation conglomerate, Uber is laying off 200 employees from its recruitment division. The layoffs are due to cross-cutting measures. As per the reports of Reuters, Uber is sacking 35 percent of its workforce from the recruitment team. Earlier, the company laid off 150 jobs in its freight services division. The reductions affect less than […]

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OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees
Layoffs

OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees

OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reduction of approximately 800 jobs worldwide The company has started shutting down operations of its automotive unit, Olx Autos, in certain markets after exploring potential buyers and investors 6 months earlier, OLX’s planned to reduce its global workforce by 1,500 employees […]

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Meta, Google among top paying companies in 2022 despite layoffs
Industry

Meta, Google among top paying companies in 2022 despite layoffs

According to a Business Insider report originally attributed to The Wall Street Journal, Meta and Google were among the top-paying public companies in 2022. A real-estate-investment company, Vici Properties topped the list with just 22 employees at the top with a median salary of around $415,000. Meta placed the second position offering employees a median […]

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BYJU’S starts another round of layoffs, 500-1000 people impacted
Social Media

BYJU’S starts another round of layoffs, 500-1000 people impacted

Edtech firm Byju’s has announced another round of layoffs. It will fire 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, business development as well as product and technology functions. To cut costs, the company had laid off over 2,500 employees across departments, in October last […]

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Mojocare layoffs 80% employees to improve capital efficiency
Layoffs

Mojocare layoffs 80% employees to improve capital efficiency

A Bengaluru-based health tech Mojocare layoffs 80 percent of its workforce nearly 160 employees. The layoffs are to improve capital efficiency and unit economics. The company said in a statement said, “A majority of Mojocare investors initiated a review of the company’s financial statements. While the analysis remains ongoing, initial findings have uncovered financial irregularities […]

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Side hustle, HR tried to have me work on weekends, but I quit
Social Media

Side hustle, HR tried to have me work on weekends, but I quit

The company’s HR department called him in for a meeting to discuss his weekend activities. When it became clear where things were headed, the worker decided he’d rather not work for that company anymore. The thread was shared on Reddit by the worker, u/InfiniteMaf. The exact post said, “Got called by HR one day after someone […]

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Mamaearth’s Momspresso, Oracle & more laid off many employees
Layoffs

Mamaearth’s Momspresso, Oracle & more laid off many employees

The Layoffs are never-ending recently Mamaearth’s Momspresso, Oracle and TrueCar have laid off several employees. India’s largest user-generated content platform for women, Mamaearth’s Momspresso has laid off 80–100 employees. As reported by The Hindu Business Line, it will impact the brand marketing vertical. In 2021, Mamaearth acquired a majority stake in the parenting platform Momspresso. Momspresso […]

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