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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: Dec 2022
Micron to layoff , employees in
Layoffs

Micron to layoff , employees in

Dec 22, 2022

Smartphone maker Xiaomi to layoff employees

A Chinese designer and manufacturer of consumer electronics and related software, home appliances, a...

Layoffs
Dec 20, 2022
Smartphone maker Xiaomi to layoff employees

Which is best bet amid the layoff trend Capgemini or Infosys?

Layoffs are difficult for companies, but has been a year of layoffs. Top tech companies have ei...

Industry
Dec 19, 2022
Which is best bet amid the layoff trend Capgemini or Infosys?

Virtusa forced employees to resign seek government intervention

A global provider of Digital Business Transformation, Digital Engineering, and Information Technolog...

Layoffs
Dec 19, 2022
Virtusa forced employees to resign seek government intervention
Google CEO Pichai has no ‘reassuring words’: didn’t deny job cuts
Industry

Google CEO Pichai has no ‘reassuring words’: didn’t deny job cuts

Amid layoffs and retrenchment across various sectors most recently, as per TOI, an American multinational technology company, Google CEO has admitted that the future is unpredictable. The development of either layoff or hiring slowdown comes after IT companies, crypto exchanges, and financial firms cut out jobs and slow down the hiring process due to slow global economic growth caused by […]

Dec 14, 2022
Twitter staff was sacked, Cos didn’t see Musk’s email at weekend
Layoffs

Twitter staff was sacked, Cos didn’t see Musk’s email at weekend

According to reports, an American social media company, Twitter has sacked nearly 100 employees after employees Didn’t See Musk’s Email at the Weekend. Some Twitter employees lost access to work systems after they failed to sign Elon Musk’s anti-leaking pledge on Saturday because they didn’t check their emails over the weekend. Musk wrote in his […]

Dec 14, 2022
Goldman to cut hundreds of consumer banking staff
Layoffs

Goldman to cut hundreds of consumer banking staff

A leading global investment banking, securities, and investment management firm, Goldman Sachs will be sacking hundreds of employees. According to reports, the company is planning to cut at least 400 jobs as it looks at restructuring its struggling consumer business. According to reports, The job cuts at Goldman Sachs’ will be affecting the underperforming employees. […]

Dec 13, 2022
Salesforce to layoff employees in a fresh round of layoffs
Layoffs

Salesforce to layoff employees in a fresh round of layoffs

An American cloud-based software company, Salesforce will be laying off employees in a fresh round of layoffs according to Protocol reports. It was unclear when the layoffs would begin the discussions on the plan remain ongoing. Salesforce, however, told media publications that the layoffs affected “less than a thousand” employees. According to Protocol reports, Salesforce […]

Dec 12, 2022
Is 2022 a year of layoffs? Companies layoff nearly 70,000+ people
Layoffs

Is 2022 a year of layoffs? Companies layoff nearly 70,000+ people

Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. Below is the list of companies that Laid off employees Amid layoffs and retrenchment across various sectors in the country including in IT, Minister Bhupender Yadav has […]

Dec 12, 2022
Intel sets out unpaid leaves for 3 months to employees, starts layoff
Layoffs

Intel sets out unpaid leaves for 3 months to employees, starts layoff

Intel offering 3 months of unpaid leave to employees as a result of cost-cutting measures. The chipmaker company is also laying off its employees to curb losses.   Factory and manufacturing workers globally are being given time off options as a step to retain their talent base. In the aftermath of macroeconomic conditions, this aggressive […]

Dec 10, 2022
Vedantu cuts 385 jobs, leadership takes 50% pay cut
Layoffs

Vedantu cuts 385 jobs, leadership takes 50% pay cut

Edtech major Vedantu has laid off another 385 employees. This is nearly 11.6 percent of the company workforce. The Job cuts will affect the workforce from sales, HR, and content teams. This is the fourth round of layoffs undertaken by the edtech unicorn in 2022. Vedantu’s co-founders and a few members of the leadership team […]

Dec 8, 2022
Morgan Stanley cuts about 1,600 jobs, 2% of its workforce
Layoffs

Morgan Stanley cuts about 1,600 jobs, 2% of its workforce

An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce. The job cuts will affect workforce reductions at Goldman Sachs Group Inc and Citigroup Inc. The bank has more than 81,000 employees worldwide as of September 30. Morgan Stanley is making modest […]

Dec 8, 2022
PepsiCo to layoff hundreds of staff at headquarters
Layoffs

PepsiCo to layoff hundreds of staff at headquarters

An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North American snacks and beverages division. “The overall US labour market remains historically tight, with employers competing for a limited pool of labor and bidding up wages despite an uncertain economic outlook,” the report […]

Dec 8, 2022
Managing Redundancy in Organizations: The HR Way
Talent Management

Managing Redundancy in Organizations: The HR Way

The year 2022 and that too especially the second half of it has witnessed a series of employee terminations in tech industries from smaller firms to MNCs with as many as 11,833 startup employees in India losing their employment across industries. As per reports, after a CEO of a recently acquired US-based social media company communicated […]

Dec 7, 2022
Amazon is on the urge of the biggest layoff including top executives
Layoffs

Amazon is on the urge of the biggest layoff including top executives

Amazon is on the urge of the biggest layoff including top executives in the company since it was founded. Expected to slash 20,000 employees from the workforce. Entering 2023 within a few days might not be as fun for Amazon employees and tech employees across the industry as organizations are making adjustments through layoffs as […]

Dec 6, 2022
Hiring platform Hirect sacked 40% of the workforce
Layoffs

Hiring platform Hirect sacked 40% of the workforce

A leading job portal in India, Hirect has sacked nearly 200 people which is 40 percent of the total workforce. Hirect laid off these employees due to organizational restructuring and a strategic change in its business model. The company has become a victim of the slowdown in new hiring. The Co-founder and CEO of Hirect Raj […]

Nov 29, 2022