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: Oct 2022

Layoffs

Facebook may lay off employees

Oct 7, 2022

EPAM sacks in India, revokes offers

An American company that specializes in service development, digital platform engineering, and digit...

Layoffs

Oct 3, 2022

No hirings, more layoffs soon Mark Zuckerberg to employees

The social media and technology company, Meta Founder and CEO Mark Zuckerberg has said that the comp...

Industry

Oct 2, 2022

No hirings, more layoffs soon Mark Zuckerberg to employees

Layoff affecting employees , more to lose jobs

As Covid- hit worldwide, many companies have been laying off employees for one or other reasons. N...

Layoffs

Sep 30, 2022

Layoff affecting employees , more to lose jobs

Labour Law

An employee can be terminated for suppressing: Supreme Court

The Supreme Court Monday said that an employee can be terminated from the service for suppressing or giving false information concerning matters having a bearing on his fitness or suitability for the post. The top court laid down broad principles of law to be taken into account especially in the case of recruitment in police […]

Sep 29, 2022

Industry

You don’t need money to have fun: Pichai told staff on cost cuts

Search engine giant, Google’s CEO Sunder Pichai told at an all-hands meeting and denied the company is embarking on “aggressive cost-saving”. Sunder Pichai has also told staff they should not “equate fun with money” and asked why Google was “nick-and-diming employees” by cutting travel budgets and moving away from “rapidly hiring and spending”, despite it […]

Sep 27, 2022

Industry

Boeing to outsource corporate jobs to TCS

Boeing said that about 150 jobs nationwide will be cut in the first batch of layoffs, and will outsource them to Tata Consultancy Services (TCS). Boeing informed its non-union corporate staff through an all-hands virtual meeting. Last year the aerospace company Boeing has also outsourced IT work to Dell. This also affected the employees as […]

Sep 27, 2022

Industry

Ola takes a U-turn on layoff plans, cancels decision of 200 layoff

India’s largest mobility platform and one of the world’s largest ride-hailing companies, Ola has decided not to lay off its engineers for now. With the rising inflation post-COVID-19. The companies either have laid off employees or have slowed down the hiring process. This news has come as a relief for the employees. However, Ola has […]

Sep 23, 2022

Layoffs

Wipro has terminated 300 employees for moonlighting

India’s IT services provider company, Wipro has laid off 300 employees who were found working with its competitor companies at the same time employment with Wipro. Wipro Chairman Rishad Premji said on 21 September that their employment has been terminated for an “act of integrity violation”. “The reality is that there are people today working […]

Sep 21, 2022

Industry

Ola clarifies laying off 200 engineers to ‘centralize’ operations

India’s largest mobility platform and one of the world’s largest ride-hailing companies, earlier there have been reports that Ola will lay off 500 employees. Earlier, CNBC had reported that the company’s nearly 500 employees are being laid off from the various software verticals of ANI technologies which operate as Ola Cabs. However, now the company dismissed […]

Sep 19, 2022

Layoffs

Tencent layoffs gaming news site Fanbyte’s employees

A Chinese multinational technology and entertainment conglomerate, Tencent have laid off the entire editorial workers at their online gaming publication -Fanbyte. The layoffs have affected the positions of editor-in-chief, head of media, options editor, social editor, information editor, graphic designer, podcast producer, and several other writers. Tencent workers who have been booted out posted their […]

Sep 18, 2022

Layoffs

Twilio to lay off 11 per cent of employees

Communications software provider company Twilio has announced that it will be laying off 11% of its workforce between 800 and 900. In a message to staff, CEO Jeff Lawson called the layoffs “wise and necessary,” blaming them partially on Twilio’s rapid growth over the last several years and “[lack of focus]” on key priorities. “I take responsibility […]

Sep 15, 2022

Layoffs

HCL lays off 350 employees working on Microsoft project: Report

According to reports, India’s IT services provider, HCL Technologies has laid off 350 employees globally who were working on its client Microsoft’s news-related products. The layoffs have affected the employees who were working on its client Microsoft’s news-related products due to tough global market conditions. The lay off were from across geographies including Guatemala, the Philippines, […]

Sep 14, 2022

Layoffs

Goldman Sachs plans job cuts

A leading global investment banking, securities, and investment management firm, Goldman Sachs is preparing for layoffs that could come as early as this month. According to people with knowledge of the matter, The company is planning to eliminate several hundred roles starting this month. While the total number is less than some previous rounds. Goldman Sachs chief […]

Sep 13, 2022

Layoffs

Micro-Blog Company Koo layoffs 40 employees

The Micro-Blog Company, Koo has laid off nearly 40 employees. The company is realigning its workforce for the current business requirements. The current layoffs will be impacting the operations and backend teams mainly from the Delhi and Northern Region locations. However, the company will continue to “recruit talent especially as far as engineering and machine […]

Sep 3, 2022

Layoffs

Calvin Klein owner PVH Corp. to layoff 10% workforce

According to media reports, PVH Corp, the owner of the Calvin Klein and Tommy Hilfiger brands announced job cuts due to the rising inflation. The fashion giant said in a statement that it is planning to reduce people costs in its global offices by approximately 10%” by the end of next year to improve efficiency. “We […]

Sep 2, 2022