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 2022

Industry

All units of TS Textile Park shut, nearly people to lose jobs

May 3, 2022

Robinhood to lay off of full-time employees

The U.S. financial services company Robinhood Markets Inc. declared that it would be laying off abou...

Industry

Apr 28, 2022

Robinhood to lay off of full-time employees

Unilever to cut jobs across all regions

Unilever PLC plans to slash thousands of management positions across its operations, a source famili...

Industry

Jan 25, 2022

Volkswagen CEO tells staff there are no plans to cut , jobs

Volkswagen has no plans to cut , jobs, CEO Herbert Diess told staff in an internal video messag...

Industry

Nov 10, 2021

Jobs

IT companies to cut 3 million jobs by 2022, Reports

With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping USD 100 billion mostly in salaries annually, says a report. The domestic […]

Jun 17, 2021

Industry

Volkswagen to cut up to 4,000 jobs via early retirement

Volkswagen to cut up to 5,000 jobs via early retirement Carmaker Volkswagen plans to cut up to 4,000 jobs at its plants in Germany by offering early or partial retirement to older employees in a move that could cost several hundred million euros, company sources said on Sunday. Volkwagen said in a statement it had […]

Mar 15, 2021

Industry

Tatas-owned JLR takes to job cuts in India to achieve agility

Tatas-owned JLR takes to job cuts in India to achieve agility Tatas-owned Jaguar Land Rover (JLR) is reducing its workforce in India in a bid to cut costs along with becoming an agile organization. In a statement, JLR said that its future strategy not only includes plans for our brands and vehicles, but also how […]

Mar 9, 2021

Jobs

Tech Mahindra to cut BPO staff by 5,000 in FY21

Tech Mahindra to cut BPO staff by 5,000 in FY21 due to automation Despite rising revenues, IT major Tech Mahindra is set to reduce its business process services (BPS) headcount by 5,000 to 38,000 in FY 2020-21, as a larger part of the tasks get completed through automation and artificial intelligence. Company executives said there is a […]

Feb 2, 2021

Jobs

Siemens Energy to shed 7,800 jobs worldwide

Siemens Energy to shed 7,800 jobs worldwide Energy technology company Siemens Energy said Tuesday that it plans to shed 7,800 jobs worldwide by 2025 as part of a drive to cut costs. The company, which was spun off last year by German industrial conglomerate Siemens AG, currently has more than 90,000 employees around the world. It […]

Feb 2, 2021

Jobs

TikTok owner ByteDance to cut down its 2,000-plus India team

TikTok owner ByteDance to cut down its 2,000-plus India team China’s ByteDance is cutting the size of its 2,000-plus India team and is unsure when it will make a comeback, the company told employees in an internal memo on Wednesday, months after its popular TikTok video app was banned. The move came after India this […]

Jan 28, 2021

Jobs

GE plans of more job cuts in aviation business

GE plans of more job cuts in aviation business Reuters | General Electric Co on Tuesday warned of more job cuts at its aviation unit, citing a lengthy recovery for the airline industry from the impact of the coronavirus crisis. The job cuts are the latest setback for the aviation sector, with the industry’s woes […]

Nov 25, 2020

Jobs

Danone to cut upto 2,000 jobs globally to revive profitability

Danone to cut upto 2,000 jobs globally to revive profitability Danone will cut as many as 2,000 jobs, including one in four positions at its global headquarters, as the world’s largest yogurt maker attempts to revive profitability after getting hit by the coronavirus pandemic harder than other rivals. The company said Monday it’s considering moving […]

Nov 24, 2020

Jobs

Thyssenkrupp plans to cut another 5,000 jobs

Thyssenkrupp to cut another 5,000 jobs to stave off coronavirus hit Reuters | German conglomerate Thyssenkrupp plans to cut another 5,000 jobs to stem losses across its sprawling empire, it said on Thursday, after reporting its operations were 1.6 billion euro ($1.9 billion) in the red in the latest financial year. Despite closing the sale […]

Nov 20, 2020

Jobs

Capgemini to start hiring qualified women from rural areas

Capgemini to start hiring qualified women from rural areas Learnings from the coronavirus pandemic have led French IT major Capgemini to start hiring qualified women from rural areas, who are unable to pursue career because of an inability to relocate, as software engineers, a senior official said on Wednesday The company is targeting to hire […]

Nov 19, 2020

Jobs

Disney World to lay off 11,000 employees amid pandemic

Disney World to lay off 11,000 employees amid pandemic Walt Disney World says it plans to lay off more than 11,000 unionized workers because of the new coronavirus, bringing the total number of pandemic-related job casualties at the Florida resort to almost 18,000 positions. Disney World said in a letter to state and local leaders […]

Oct 31, 2020

Jobs

Disney to lay off 28,000 Theme Park employees

Disney to lay off 28,000 Theme Park employees in U.S. Walt Disney Co. plans to lay off 28,000 theme park employees in U.S., as the coronavirus pandemic continues to affect its businesses. The layoff is due to reduced capacity allowed in its parks reflecting social distancing requirements as well as California’s “unwillingness to lift restrictions […]

Oct 1, 2020