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: Sep 2020

Jobs

Oil giant Shell plans to cut up to , jobs

Sep 30, 2020

Dell Technologies confirms layoff globally, including India

Dell Technologies confirms layoff globally, to cut costs Dell Technologies Inc. on Monday notified e...

Jobs

Sep 16, 2020

Dell Technologies confirms layoff globally, including India

MAN, a subsidiary of Volkswagen to cut up to , jobs

VW truck maker MAN plans to cut up to , jobs worldwidenbsp Berlin Truck andnbspbus maker MA...

Jobs

Sep 13, 2020

Boeing offers second volunteer layoff package to employees

Boeing offers second volunteer layoff package with pay and benefits to employees BoeingnbspCo conf...

Coronavirus

Aug 18, 2020

Boeing offers second volunteer layoff package to employees

Industry

VMware to layoff 200 employees in India

VMware, Inc. a software company to layoff 200 employees in India VMware, Inc., an American publicly traded software company has let go of nearly 200 employees in India as part of its latest workforce rebalancing plan to align its employees to its strategic objectives. According to TOI report, earlier in this year, VMware asked 200 of […]

Aug 18, 2020

Coronavirus

Truck maker Scania confirms plan to cut 5,000 jobs

Truck maker Scania confirms plan to cut 5,000 jobs globally due to the financial impression of the novel coronavirus Truck maker Scania, part of Volkswagen’s Traton group, said Friday it could cut 5,000 jobs globally due to the financial impression of the novel coronavirus, confirming a plan first introduced in June. The cut represents 10 per cent […]

Aug 1, 2020

Coronavirus

Cognizant losses 10,500 employees b/w Apr-Jun 2020

Cognizant losses 10,500 employees during the April-June quarter, as part of its strategy to reduce costs and fund investments for growth Amid COVID-19 crisis, IT major Cognizant has recently announced its results for the April-June quarter, and they revealed that the company’s headcount had reduced by 10,500 people in the quarter. While in the previous quarter […]

Jul 31, 2020

Coronavirus

Swiggy lays off 350 more employees

Swiggy is laying off 350 more employees as part of ‘final realignment exercise’ Swiggy lays off 350 more employees, two months after it shed 1,100 jobs across levels nationally to mitigate the coronavirus lockdown impact. Swiggy said in a statement, “In May, we began the exercise of realigning resources to create capacity in higher potential […]

Jul 29, 2020

Jobs

Huawei India is laying off up to 70% staff: Report

Huawei cuts India revenue target, laying off upto 70% staff– ET Report Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50% and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods. […]

Jul 28, 2020

Coronavirus

Wipro extends bench period without pay for 3 months

IT services company, Wipro has introduced an “extended bench period” where the identified employees are asked to carry on for an extended bench period without pay for the next 3 months. These employees will receive insurance coverage, but nothing else. According to a TOI report, Wipro’s latest change seems to be directed at those who are […]

Jul 27, 2020

Jobs

Schindler to cut 2,000 jobs as a cost optimization program

Schindler reports lower revenue and profit for H1 2020; announces cost optimization program On Friday, 24 July, Swiss elevator and escalator maker Schindler announced 2,000 job cuts over two years after first-half profit fell more than a quarter, as the COVID-19 pandemic slammed the brakes on projects and recovery remains years away. Revenue –8.7%, order […]

Jul 24, 2020

Coronavirus

COVID-19 Impact: Microsoft-owned LinkedIn cuts 960 jobs

COVID-19 Impact: Microsoft-owned LinkedIn cuts 960 jobs as pandemic puts the brakes on corporate hiring Professional networking site LinkedIn on Tuesday said that it would cut about 960 jobs, or 6 percent of its global workforce, as COVID-19 pandemic is having a sustained impact on demand for its recruitment products. California-based LinkedIn helps employers assess […]

Jul 22, 2020

Coronavirus

IndiGo to lay off 10% of its workforce: CEO Ronojoy Dutta

IndiGo, India’s private airlines, has announced today to lay off 10% of its workforce due to COVID-19 pandemic, CEO Ronojoy Dutta said. “From where things stand currently, it is impossible for our company to fly through this economic storm without making some sacrifices, in order to sustain our business operations,” Dutta said in a statement. […]

Jul 20, 2020

Jobs

Microsoft cuts jobs across geographies and teams

Microsoft cuts jobs across geographies and teams as it enters new fiscal year According to media reports, Microsoft has trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1. Business Insider had earlier reported that the company cuts under 1,000 jobs across its business this week. A company […]

Jul 18, 2020

Coronavirus

American Airlines to furlough 25,000 employees in October

American Airlines to furlough 25,000 employees in this year October 2020 American Airlines will issue notices to 25,000 employees that they face potential furloughs on October 1, two tops executives said in a memo. The federal bailout for the airline industry, which will be lifted on October 1, prohibited layoffs, involuntary furloughs or pay cuts for employees, reports Xinhua news […]

Jul 17, 2020

Coronavirus

Deloitte cuts more than 700 jobs in 8 days

Days after PwC announced it is slashing 700 jobs in Australia, Deloitte, the globe’s largest professional services firm and second-largest in Australia, has followed suit. A fallout of demand due to the Covid-19 induced economic crisis is hitting the revenues of the largest accounting and consulting firms. While the Big Four have to date been […]

Jul 9, 2020