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: Nov 2020

Jobs

Danone to cut upto , jobs globally to revive profitability

Nov 24, 2020

Thyssenkrupp plans to cut another , jobs

Thyssenkrupp to cut another , jobs to stave off coronavirus hit Reuters German conglomerate Th...

Jobs

Nov 20, 2020

Capgemini to start hiring qualified women from rural areas

Capgemini to start hiring qualified women from rural areas Learnings from the coronavirus pandemic h...

Jobs

Nov 19, 2020

Disney World to lay off , employees amid pandemic

Disney World to lay off , employees amid pandemic Walt Disney World says it plans to lay off mo...

Jobs

Oct 31, 2020

Disney World to lay off , employees amid pandemic

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

Jobs

Oil giant Shell plans to cut up to 9,000 jobs

Shell plans to cut up to 9,000 jobs in transition plan Reuters | Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy. Shell, which had 83,000 employees at the end of 2019, said that […]

Sep 30, 2020

Jobs

Dell Technologies confirms layoff globally, including India

Dell Technologies confirms layoff globally, to cut costs Dell Technologies Inc. on Monday notified employees that it will eliminate jobs this week as the hardware giant seeks to cut costs while navigating a faltering global economy. During a quarterly all-hands meeting Monday, Dell’s Jeff Clarke told staff that the workforce reductions won’t be limited to any specific […]

Sep 16, 2020

Jobs

MAN, a subsidiary of Volkswagen to cut up to 9,500 jobs

VW truck maker MAN plans to cut up to 9,500 jobs worldwide Berlin: Truck and bus maker MAN, a subsidiary of Volkswagen, said Friday that it plans to shed up to 9,500 jobs worldwide as part of a cost-cutting drive. MAN said the planned package of measures is intended to improve the company’s operating result by about […]

Sep 13, 2020

Coronavirus

Boeing offers second volunteer layoff package to employees

Boeing offers second volunteer layoff package with pay and benefits to employees Boeing Co confirmed on Monday, 17 August that it would offer employees a voluntary layoff package with pay and benefits for the second time this year, as the company battles a coronavirus-induced slowdown in global air travel. Earlier in May this year, Boeing had announced to layoff close to 7,000 employees as coronavirus […]

Aug 18, 2020

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