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: Dec 2022

Layoffs

Morgan Stanley cuts about , jobs, of its workforce

Dec 8, 2022

PepsiCo to layoff hundreds of staff at headquarters

An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hund...

Layoffs

Dec 8, 2022

PepsiCo to layoff hundreds of staff at headquarters

Hiring platform Hirect sacked of the workforce

A leading job portal in India, Hirect has sacked nearly people which is percent of the total ...

Layoffs

Nov 29, 2022

Hiring platform Hirect sacked of the workforce

US firm laid off nearly , people when they were asleep

A leader in the furniture industry and one of the largest furniture producers in the United States, ...

Layoffs

Nov 28, 2022

US firm laid off nearly , people when they were asleep

Layoffs

Railways fired one ‘non-performer or corrupt official’ every 03 days

According to PTI, the Railways has weeded out one “non-performer or corrupt official” every three days in the past 16 months, officials said. Two senior-grade officers were sacked on Wednesday, sources said. Around 139 officials from the Indian Railways have been asked for Voluntary Retirement Scheme (VRS). The Indian Railway has agreed on a salary […]

Nov 26, 2022

Layoffs

HP to cut at least 4,000-6000 jobs

An American multinational information technology company, HP is planning to lay off nearly 4000 to 6,000 employees. This layoff is nearly around 12 percent of the company’s global workforce. HP currently employs nearly 50,000 people as of December 2021. The company has planned this layoff up till the end of fiscal 2025. “We had a […]

Nov 23, 2022

Layoffs

Google plans to fire 10,000 poor performing employees

An American multinational technology company, Google is planning to fire nearly 10,000 employees. The layoffs will be on the grounds of ‘poor performance’. The layoffs are nearly 6% of the total workforce. Google will use a ranking system and the lowest-ranked employees are expected to be fired from the company. Since 2017 the company has […]

Nov 22, 2022

Industry

Amazon layoffs are illegal, NITES says to labour minister

The Nascent Information Technology Employees Senate (NITES) has approached the Labour Ministry concerning the layoff of Indian employees at amazon. “The law of the land is above Amazon policies,” Harpreet Singh Saluja, President, NITES said in a mail. “As per the provisions of the Industrial Disputes Act the employer cannot, without prior permission from the […]

Nov 21, 2022

Layoffs

Zomato laying off nearly 3% of staff due to cost-cutting

Indian multinational restaurant aggregator and food delivery company, Zomato has confirmed that the company is laying off under 3 percent of its staff across the organization. The company said that the layoffs are based on regular performance. Earlier, Zomato Ltd confirmed on Friday that its co-founder, Mohit Gupta has resigned from the company. Mohit resigned after about […]

Nov 19, 2022

Layoffs

Cisco to lay off over 4,000 employees

An American-based multinational digital communications technology conglomerate corporation, Cisco will be laying off more than 4,000 employees. According to a report in Silicon Valley Business Journal, the company is laying off nearly 5 percent of its workforce. The company has described this as a “rebalancing” act while “rightsizing certain businesses.” Cisco Chief Financial Officer Scott Herren […]

Nov 19, 2022

Industry

#RIPTwitter Trends on Twitter amid reports of mass resignations

Twitter employees on Friday started a ‘#RIPTwitter’ trend as hundreds of the company’s employees are estimated to be leaving the company. The hashtag “RIPTwitter” started trending on Twitter where users shared hilarious memes and posts while highlighting that the platform might soon shut down. Elon Musk issued employees an ultimatum saying that stay with the […]

Nov 18, 2022

Layoffs

Amazon confirms layoffs and sends emails to impacted employees

An American multinational technology company focusing on e-commerce, Amazon has confirmed the layoffs at the company. However, The company did not reveal the exact number of employees laid off however as per the earlier reports 10,000 employees or 3 percent of its workforce were expected to be laid off. Impact on India Team These cuts […]

Nov 17, 2022

Industry

Nearly 3 lakhs employees lost jobs in the last 2 months

Many companies have been laying employees. Most Tech Firms have fired employees due to inflation, moonlighting, and many more. Rajesh Padmanabhan, Chief Executive Officer of Talavvy Business Catalysts shared his view in a LinkedIn post, “Over 300,000 jobs lost in the last 2 months. Some more big ones queuing up. This will soon become Industry […]

Nov 16, 2022

Layoffs

Amazon to lay off 10,000 employees, starting this week

An American multinational technology company focusing on e-commerce, Amazon is planning to lay off nearly 10,000 employees. The layoffs will be starting as soon as this week. The employees will be affected in its corporate and technology sectors. This layoff will affect nearly three percent of Amazon’s corporate employees and less than one percent of its global […]

Nov 15, 2022

Layoffs

Twitter sacks over 4,400 contractual workers without notice

Microblogging and social networking company, after firing about 50 per cent of Twitter workforce, or about 3,800 employees, now Elon Musk has laid off over 4,400 contractual workers without Notice. Separate reports from Platformer and Axios have shared the information through a series of tweets saying, “company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 […]

Nov 14, 2022

Layoffs

After Meta and Twitter, now Amazon to layoff employees

According to reports, global e-commerce major, Amazon has announced that the company is freezing new hiring in its corporate workforce sighting due to uncertainty in the global economy. E-commerce major has told employees in some unprofitable units to look for jobs elsewhere in the company. However, the exact number is unclear. As per the WSJ report, the company will be moving to redeploy staff […]

Nov 12, 2022