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Jobscut: HR News, Trends & Workplace Insights

Latest Jobscut HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Jobscut.

Updated on: Apr 2023
Practo sacks employees Tips entering startups during layoffs
Layoffs

Practo sacks employees Tips entering startups during layoffs

Apr 10, 2023

Virgin Orbit COO calls out company leadership for failures

According to the CNBC reports, Recently, Small-satellite launch provider Virgin Orbit was ceasing it...

Industry
Apr 5, 2023
Virgin Orbit COO calls out company leadership for failures

Laid-off Tesla employees seek protection from US court

Electric vehicle maker,nbspTesla former employees have been represented by a team of lawyers to se...

Industry
Jul 8, 2022
Laid-off Tesla employees seek protection from US court

Tesla lays off head of LGBTQ, diversity lead

Amid CEO Elon Musks woke mind virus concerns, Electric vehicle company, Tesla h...

Layoffs
Jun 24, 2022
Tesla lays off head of LGBTQ, diversity lead
Elon Musk said Tesla will cut the salaried workforce by 10% over 3 months
Industry

Elon Musk said Tesla will cut the salaried workforce by 10% over 3 months

Elon Musk on Tuesday said that Tesla will reduce its salaried workforce by 10 per cent over the next three months. Addressing the Qatar Economic Forum organised by Bloomberg, the world’s richest man said that the electric car-maker will cut salaries by 10 per cent over the next three months, as the company navigates the global […]

Jun 22, 2022
Healthtech startup MFine laid off over 500 people due to funding crunch
Industry

Healthtech startup MFine laid off over 500 people due to funding crunch

The Bengaluru-based, healthtech startup, MFine has laid off 500 employees as the startup struggles to raise funds. According to media reports, the job cut accounts for about half the workforce. The company was hiring employees until last month and has about 1,000 employees. It laid-off employees across data science, engineering, and product departments. Employees were […]

May 23, 2022
Cars24 lays off 600 employees on basis of ‘poor performance’
Industry

Cars24 lays off 600 employees on basis of ‘poor performance’

The pre-owned e-commerce platform, CARS24 has announced that the company is laying off around 600 employees due to poor performance. CARS24 has a nearly 9,000-strong workforce. The six-year-old used-car marketplace has let go of about six percent of its team. The termination not owing to any “cost cuts“. The company calls it “business as usual.” The company […]

May 20, 2022
Nokia to cut up to 10,000 jobs in two years
Jobs

Nokia to cut up to 10,000 jobs in two years

Nokia to cut up to 10,000 jobs in two years Finnish telecoms equipment maker Nokia announced on Tuesday it will slash up to 11 percent of its workforce within two years, as part of a 600-million-euro ($715-million) cost-cutting programme. Announcing the wide-ranging restructuring led by new chief executive Pekka Lundmark, Nokia said that market developments in the next […]

Mar 16, 2021
Cisco, Oracle, IBM Workers ‘Anxious’ About Job Cuts
Jobs

Cisco, Oracle, IBM Workers ‘Anxious’ About Job Cuts

Cisco, Oracle, IBM Workers ‘Anxious’ About Job Cuts Cisco, Oracle, and IBM topped a list of companies with employees that constantly feel anxious about losing their jobs, according to a recent survey conducted by Blind and released by job board Dice. The survey found that 62% of Cisco employees said that “yes, I am constantly anxious” about getting fired, which […]

Dec 25, 2020
Coca-Cola to cut 2,200 jobs globally
Jobs

Coca-Cola to cut 2,200 jobs globally

Coca-Cola to cut 2,200 jobs globally According to ABC News, Coca-Cola is cutting approximately 2,200 jobs globally as part of a company reorganization plan. Some 1,200 of those job cuts will be in the U.S., and about 500 of them will be in the Atlanta area, where the company is headquartered, according to Scott Leith, […]

Dec 19, 2020
Mahindra to shut Pininfarina Engineering, employees to go on strike
Jobs

Mahindra to shut Pininfarina Engineering, employees to go on strike

Mahindra to shut Pininfarina Engineering, employees to go on strike Automobile giant Mahindra Corp has decided to liquidate its Italian subsidiary Pininfarina Engineering in order to cover up for the losses faced during the pandemic and this has left the 135 employees of Pininfarina in a fix. Pininfarina Engineering offered a variety of work package […]

Dec 15, 2020
Amdocs to lay off hundreds of employees: Report
Coronavirus

Amdocs to lay off hundreds of employees: Report

Amdocs to lay off hundreds of employees worldwide, including senior positions Israeli telecom systems IT solutions provider Amdocs Ltd is set to lay off hundreds of employees in Israel and around the world due to the impact of the coronavirus pandemic. According to a report published in Israeli-based website Calcalist, Amdocs’s quarterly earnings is around $1 […]

Jul 3, 2020
BP to lay off 10,000 employees globally
Coronavirus

BP to lay off 10,000 employees globally

Amid the coronavirus pandemic, Oil & Energy major British Petroleum to lay off 10,000 employees globally from its workforce globally by the end of the year. The total employees to be laid off are 15% of the total global workforce, this announcement was made via an e-mail sent to the 70,000 strong workforces of the […]

Jun 9, 2020