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Lay offs: HR News, Trends & Workplace Insights

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

Updated on: Jan 2023
upGrad-owned Harappa sacks of the workforce
Layoffs

upGrad-owned Harappa sacks of the workforce

Jan 6, 2023

After months of being sacked, employee shoots former boss in Noida

According to ET, After months of being sacked a BPO employee Anoop Singh shoot his former manage...

Industry
Jan 6, 2023
After months of being sacked, employee shoots former boss in Noida

Amazon to layoff more employees than earlier planned

According to the Wall Street Journal, an American multinational technology company, Amazon is laying...

Layoffs
Jan 5, 2023
Amazon to layoff more employees than earlier planned

Google employees write to VP HR on fear of layoffs

As per earlier reports, An American multinational technology company focusing on search engine techn...

Layoffs
Jan 4, 2023
Google employees write to VP HR on fear of layoffs
Most laid off tech workers find new jobs in 3 months
Survey & Report

Most laid off tech workers find new jobs in 3 months

According to the recent survey report, by the Wall Street Journal “The ZipRecruiter” said 79 percent of laid off staff in the tech industry landed a new job within three months. However, the survey did not disclose information on whether they received new employment with the same, higher, or lower compensation packages. Julia Pollak, the chief […]

Jan 2, 2023
Failed background checks are new normal, will 2023 be a year of layoffs?
Industry

Failed background checks are new normal, will 2023 be a year of layoffs?

The year 2022 became a topic of discussion for layoffs based on two grounds which are Failed Background Checks and Moonlighting. Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. This year nearly 1 Lakh employees lost […]

Dec 30, 2022
Google to layoff 6% of employees in 2023 with poor performance
Layoffs

Google to layoff 6% of employees in 2023 with poor performance

As per reports, Google is expected to layoff 6 percent of employees in 2023. The employee which will fall under the low-performance bracket will be affected.  As per CNBC reports, however, several employees have been complaining about procedural and technical issues with the new performance system. According to the rating system, an employee must have […]

Dec 27, 2022
Micron to layoff 5,000 employees in 2023
Layoffs

Micron to layoff 5,000 employees in 2023

A world leader in innovative memory solutions, Micron will be laying off nearly 5000 or 10% of its employees.   The company said that the industry is experiencing the “most severe imbalance between supply and demand in both DRAM and NAND in the last 13 years.” Micron Technology announced results for its first quarter of fiscal 2023, […]

Dec 22, 2022
Smartphone maker Xiaomi to layoff 10% employees
Layoffs

Smartphone maker Xiaomi to layoff 10% employees

A Chinese designer and manufacturer of consumer electronics and related software, home appliances, and household items company Xiaomi Corp has started laying off workers in several units of its smartphone and internet services business. The layoffs will be affecting nearly 10% of the total workforce. The latest layoff could affect thousands of workers many of the employees have […]

Dec 20, 2022
Which is best bet amid the layoff trend: Capgemini or Infosys?
Industry

Which is best bet amid the layoff trend: Capgemini or Infosys?

Layoffs are difficult for companies, but 2023 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. Being hired by any IT companies the new employees need to choose between Capgemini vs Infosys or any other company there are many parameters. Infosys The company’s headcount stood at […]

Dec 19, 2022
Virtusa forced employees to resign; seek government intervention
Layoffs

Virtusa forced employees to resign; seek government intervention

A global provider of Digital Business Transformation, Digital Engineering, and Information Technology (IT) outsourcing services, Virtusa Group has laid off employees and has forcefully asked them to resign from December 11. The company has sacked hundreds of employees from Chennai and the UNITE has sought government intervention in this matter. The employees from across India were […]

Dec 19, 2022
Google CEO Pichai has no ‘reassuring words’: didn’t deny job cuts
Industry

Google CEO Pichai has no ‘reassuring words’: didn’t deny job cuts

Amid layoffs and retrenchment across various sectors most recently, as per TOI, an American multinational technology company, Google CEO has admitted that the future is unpredictable. The development of either layoff or hiring slowdown comes after IT companies, crypto exchanges, and financial firms cut out jobs and slow down the hiring process due to slow global economic growth caused by […]

Dec 14, 2022
Twitter staff was sacked, Cos didn’t see Musk’s email at weekend
Layoffs

Twitter staff was sacked, Cos didn’t see Musk’s email at weekend

According to reports, an American social media company, Twitter has sacked nearly 100 employees after employees Didn’t See Musk’s Email at the Weekend. Some Twitter employees lost access to work systems after they failed to sign Elon Musk’s anti-leaking pledge on Saturday because they didn’t check their emails over the weekend. Musk wrote in his […]

Dec 14, 2022
Goldman to cut hundreds of consumer banking staff
Layoffs

Goldman to cut hundreds of consumer banking staff

A leading global investment banking, securities, and investment management firm, Goldman Sachs will be sacking hundreds of employees. According to reports, the company is planning to cut at least 400 jobs as it looks at restructuring its struggling consumer business. According to reports, The job cuts at Goldman Sachs’ will be affecting the underperforming employees. […]

Dec 13, 2022
Salesforce to layoff employees in a fresh round of layoffs
Layoffs

Salesforce to layoff employees in a fresh round of layoffs

An American cloud-based software company, Salesforce will be laying off employees in a fresh round of layoffs according to Protocol reports. It was unclear when the layoffs would begin the discussions on the plan remain ongoing. Salesforce, however, told media publications that the layoffs affected “less than a thousand” employees. According to Protocol reports, Salesforce […]

Dec 12, 2022
Is 2022 a year of layoffs? Companies layoff nearly 70,000+ people
Layoffs

Is 2022 a year of layoffs? Companies layoff nearly 70,000+ people

Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. Below is the list of companies that Laid off employees Amid layoffs and retrenchment across various sectors in the country including in IT, Minister Bhupender Yadav has […]

Dec 12, 2022