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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: May 2023
Meesho to fire workforce due to judgment errors in over-hiring
Layoffs

Meesho to fire workforce due to judgment errors in over-hiring

May 5, 2023

Cognizant to fire employees close few offices to save cost

Cognizant, one of the worlds leading professional services companies, announced its first qua...

Layoffs
May 4, 2023
Cognizant to fire employees close few offices to save cost

IBM to pause hiring, plans to replace , jobs with AI

IBM is planning to freeze the hiring for certain positions. The company expects that nearly , jo...

Industry
May 2, 2023
IBM to pause hiring, plans to replace , jobs with AI

M to layoff , employees globally, Amazon begins layoff in HR

An American multinational conglomerate, M is layoff , jobs as part of part of an ongoing restru...

Layoffs
Apr 27, 2023
M to layoff , employees globally, Amazon begins layoff in HR
Meta fired 30-week pregnant employee, here’s what happened next
Layoffs

Meta fired 30-week pregnant employee, here’s what happened next

The major companies that laid off employees include Meta, Infosys, Amazon, Google, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally. Apparently, Major tech companies have laid off employees exponentially due to economic uncertainties. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as […]

Apr 26, 2023
Layoffs have no end: Deloitte to slash 1,200 jobs
Layoffs

Layoffs have no end: Deloitte to slash 1,200 jobs

According to the reports of Business Today, an international professional services company, Deloitte will sack around 1,200 jobs or 1.5% of its U.S. workforce. Deloitte said in an emailed statement, “Our U.S. businesses continue to experience strong client demand. As growth in select practices moderates, we are taking modest personnel actions where necessary.” Recently, […]

Apr 22, 2023
Simpl to layoff 150, Twitter’s rival Koo to sack 30% staff
Layoffs

Simpl to layoff 150, Twitter’s rival Koo to sack 30% staff

The year 2023 has seen a downfall in hiring and an increase in the number of layoffs. Now, reports have circulated that Simpl and Koo have laid off employees. Simpl to layoff 150 employees India’s leading 1-tap checkout network meant to make payments invisible and money intelligent, Simpl will sack 25 percent which is nearly […]

Apr 20, 2023
Meta to look more layoffs across Facebook, WhatsApp, Instagram
Layoffs

Meta to look more layoffs across Facebook, WhatsApp, Instagram

In accordance with Bloomberg Reports, Meta formerly known as Facebook will layoffs companywide as it plans to restructure teams and works towards the goals. As Chief Executive Mark Zuckerberg earlier in February declared 2023 the “year of efficiency.” The company has informed managers to prepare for the job cuts. It indicates the layoffs will affect employees from Facebook, […]

Apr 19, 2023
EY to sack 3,000 Jobs or 5% nearly of its workforce
Layoffs

EY to sack 3,000 Jobs or 5% nearly of its workforce

One of the Big Four accounting firms, Ernst & Young (EY) will cut 3,000 Jobs or 5% nearly of its Workforce in the US due to ‘Overcapacity’. The announcement follows less than a week after the unit’s objection torpedoed the global accounting giant’s plan to break up its audit and consulting units. Also Watch, Recession […]

Apr 18, 2023
IT company cuts 13% workforce of global team; read founder email
Layoffs

IT company cuts 13% workforce of global team; read founder email

IT company, Amplitude co-founders Spenser Skates, Curtis Liu, and Jeffrey Wang sent an email announcing the decision to reduce the company’s global team by 13%. Amplitude is a digital analytics platform that gives self-service visibility into the entire customer journey. The IT company has the brain behind more than 45,000 digital products at over 1,000 […]

Apr 13, 2023
Google rolls back its COVID vaccine policy, Pichai on mass layoffs
Industry

Google rolls back its COVID vaccine policy, Pichai on mass layoffs

Earlier Google had announced to elimination or reduction of several perks, including some of the company’s micro kitchens. This provided employees with free snacks like cereal, espresso, and seltzer water. The company was making changes in its companywide benefits as it seeks to reallocate funds and create cost-cutting measures. The company has suspended the provision of […]

Apr 12, 2023
Practo sacks 41 employees; Tips entering startups during layoffs
Layoffs

Practo sacks 41 employees; Tips entering startups during layoffs

Healthtech startup Practo has sacked nearly 41 employees due to Performance Issues. “As always, we are and will remain fully committed to providing the requisite support to all employees who may be impacted,” said Practo, in a statement. The company has terminated the employees based on the performance management and planning process. However, the company is […]

Apr 10, 2023
Amazon to plans to cut Stock Awards & fire hundreds of employees
Compensation

Amazon to plans to cut Stock Awards & fire hundreds of employees

The e-commerce technology company, Amazon has recently announced to sack more than 100 employees from its gaming division.  The company is ongoing efforts to restructure and streamline its operations resulting in layoffs. The company’s Games VP Christoph Hartmann wrote a memo to staff and informed them about the job cuts. Christoph Hartmann wrote, “After evaluating […]

Apr 6, 2023
Virgin Orbit COO calls out company leadership for failures
Industry

Virgin Orbit COO calls out company leadership for failures

According to the CNBC reports, Recently, Small-satellite launch provider Virgin Orbit was ceasing its operations. The company failed to secure a funding plan. Virgin Orbit is looking to sell assets in its bankruptcy filing. Hence, The company laid off 675 employees nearly 85% of its workforce. The company’s chief operating officer (COO) Tony Gingiss has […]

Apr 5, 2023
‘Rollercoaster of emotions,’ says Microsoft employee fired after 25 yrs of job
Layoffs

‘Rollercoaster of emotions,’ says Microsoft employee fired after 25 yrs of job

The year 2023 started off with the layoff note. Many Tech companies have sacked lakhs of employees. Recently, Microsoft conducted another round of layoffs which affected 10,000 employees. Among the affected employees who lost their jobs a woman named Ann Pfeiffer has shared her experience. The company has fired the employee after over 25 years of service. […]

Apr 5, 2023
McKinsey & Company to slash 1,400 jobs this week
Layoffs

McKinsey & Company to slash 1,400 jobs this week

According to a Bloomberg report, Consulting giant McKinsey & Company is embarking on a rare round of major job cuts, with plans to eliminate about 1,400 jobs this week. The job cut is nearly 3% of the total workforce. The company is laying off employees due to a global economic downturn. The company is restructuring […]

Mar 29, 2023