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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: Oct 2022
Intel Corporation plans to layoff thousands of employees
Layoffs

Intel Corporation plans to layoff thousands of employees

Oct 12, 2022

A staff who accused an employer of unlawful termination loses case

An employee was terminated by TTC News Channel in on the grounds of the financial crisis of the...

Labour Law
Oct 10, 2022
A staff who accused an employer of unlawful termination loses case

This CEO wants people to be happy that he laid off employees

Peloton, US exercise, and fitness equipment company, CEO Barry McCarthy has announced to lay off nea...

Layoffs
Oct 10, 2022
This CEO wants people to be happy that he laid off employees

Facebook may lay off employees

Meta is reportedly conducting quiet layoffs atnbspFacebooknbspthat may lead to tho...

Layoffs
Oct 7, 2022
Facebook may lay off employees
EPAM sacks 100 in India, revokes offers
Layoffs

EPAM sacks 100 in India, revokes offers

An American company that specializes in service development, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania, EPAM Systems has asked nearly 100 Indian employees to resign from the organization. The employees are forced to resign across EPAM Systems and EPAM Anywhere. According to ET, These employees are not tagged to any specific […]

Oct 3, 2022
No hirings, more layoffs soon: Mark Zuckerberg to employees
Industry

No hirings, more layoffs soon: Mark Zuckerberg to employees

The social media and technology company, Meta Founder and CEO Mark Zuckerberg has said that the company is freezing hiring across the board. The company has also warned that more layoffs are in the pipeline. Zuckerberg mentioned during the last Meta earnings call that ‘Our plan is to steadily reduce headcount growth over the next […]

Oct 2, 2022
Layoff affecting employees; 2,900 more to lose jobs
Layoffs

Layoff affecting employees; 2,900 more to lose jobs

As Covid-19 hit worldwide, many companies have been laying off employees for one or other reasons. Now, Siemens Gamesa plans to layoff. Siemens Gamesa is laying off nearly 3000 employees as the company plans for this move as it wants to return to a profitability state. However, earlier in the year Reuters had reported that the company was […]

Sep 30, 2022
An employee can be terminated for suppressing: Supreme Court
Labour Law

An employee can be terminated for suppressing: Supreme Court

The Supreme Court Monday said that an employee can be terminated from the service for suppressing or giving false information concerning matters having a bearing on his fitness or suitability for the post. The top court laid down broad principles of law to be taken into account especially in the case of recruitment in police […]

Sep 29, 2022
Boeing to outsource corporate jobs to TCS
Industry

Boeing to outsource corporate jobs to TCS

Boeing said that about 150 jobs nationwide will be cut in the first batch of layoffs, and will outsource them to Tata Consultancy Services (TCS). Boeing informed its non-union corporate staff through an all-hands virtual meeting. Last year the aerospace company Boeing has also outsourced IT work to Dell. This also affected the employees as […]

Sep 27, 2022
Ola takes a U-turn on layoff plans, cancels decision of 200 layoff
Industry

Ola takes a U-turn on layoff plans, cancels decision of 200 layoff

India’s largest mobility platform and one of the world’s largest ride-hailing companies, Ola has decided not to lay off its engineers for now. With the rising inflation post-COVID-19. The companies either have laid off employees or have slowed down the hiring process. This news has come as a relief for the employees. However, Ola has […]

Sep 23, 2022
Wipro has terminated 300 employees for moonlighting
Layoffs

Wipro has terminated 300 employees for moonlighting

India’s IT services provider company, Wipro has laid off 300 employees who were found working with its competitor companies at the same time employment with Wipro. Wipro Chairman Rishad Premji said on 21 September that their employment has been terminated for an “act of integrity violation”. “The reality is that there are people today working […]

Sep 21, 2022
Ola clarifies laying off 200 engineers to ‘centralize’ operations
Industry

Ola clarifies laying off 200 engineers to ‘centralize’ operations

India’s largest mobility platform and one of the world’s largest ride-hailing companies, earlier there have been reports that Ola will lay off 500 employees. Earlier, CNBC had reported that the company’s nearly 500 employees are being laid off from the various software verticals of ANI technologies which operate as Ola Cabs. However, now the company dismissed […]

Sep 19, 2022
Tencent layoffs gaming news site Fanbyte’s employees
Layoffs

Tencent layoffs gaming news site Fanbyte’s employees

A Chinese multinational technology and entertainment conglomerate, Tencent have laid off the entire editorial workers at their online gaming publication -Fanbyte. The layoffs have affected the positions of editor-in-chief, head of media, options editor, social editor, information editor, graphic designer, podcast producer, and several other writers. Tencent workers who have been booted out posted their […]

Sep 18, 2022
Twilio to lay off 11 per cent of  employees
Layoffs

Twilio to lay off 11 per cent of  employees

Communications software provider company Twilio has announced that it will be laying off 11% of its workforce between 800 and 900. In a message to staff, CEO Jeff Lawson called the layoffs “wise and necessary,” blaming them partially on Twilio’s rapid growth over the last several years and “[lack of focus]” on key priorities. “I take responsibility […]

Sep 15, 2022
HCL lays off 350 employees working on Microsoft project: Report
Layoffs

HCL lays off 350 employees working on Microsoft project: Report

According to reports, India’s IT services provider, HCL Technologies has laid off 350 employees globally who were working on its client Microsoft’s news-related products. The layoffs have affected the employees who were working on its client Microsoft’s news-related products due to tough global market conditions. The lay off were from across geographies including Guatemala, the Philippines, […]

Sep 14, 2022
Goldman Sachs plans job cuts
Layoffs

Goldman Sachs plans job cuts

A leading global investment banking, securities, and investment management firm, Goldman Sachs is preparing for layoffs that could come as early as this month. According to people with knowledge of the matter, The company is planning to eliminate several hundred roles starting this month. While the total number is less than some previous rounds. Goldman Sachs chief […]

Sep 13, 2022