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: Apr 2024

Layoffs

McKinsey is offering months pay to leave the firm find new Job

Apr 3, 2024

Dell cuts , jobs from global workforce

In a filing as of Februarynbsp, , Dell had approximately , employees. As per reports of...

Layoffs

Mar 26, 2024

Ericsson to cut , jobs due to decreased demand

Ericsson, a Swedish multinational networking and telecommunications company plans to cut , jobs ...

Layoffs

Mar 26, 2024

Ericsson to cut , jobs due to decreased demand

Dating App Bumble To Lay Off Employees

The popular Dating App Bumble to sack employees as the company intends to reduce its global workforc...

Layoffs

Feb 29, 2024

Layoffs

Sony PlayStation division to cut 900 jobs: Read CEO Message

PlayStation maker Sony Interactive Entertainment will lay off overall headcount globally by 8% or about 900 people, subject to local law and consultation processes. The employees across the globe, including the studios are impacted. Jim Ryan, President & CEO, Sony Interactive Entertainment, said, “Through discussions over the past few months about the evolving economic landscape, […]

Feb 28, 2024

Layoffs

Udaan to lay off 100-150 employees

A B2B trade platform, designed specifically for small & medium businesses in India, Udaan to lay off 100-150 employees. These are roughly 10% of the startup’s entire workforce. According to Moneycontrol report, the development comes just days after it had raised $340 million in a series E funding round led by M&G Plc, The employees from peons to […]

Dec 18, 2023

Layoffs

FedEx announces layoff, Citigroup prepares for job cuts

According to reports, An American multinational conglomerate holding company FedEx will sack a few employees in the IT and finance departments. These layoffs will be part of a realignment and streamlining exercise. Earlier, in February the company FedEx Corp laid off more than 10 percent of its global management staffers as the delivery company faced […]

Sep 15, 2023

Layoffs

Alphabet, Google’s parent company lays off hundreds of employees

The tech giant Google’s parent company Alphabet will be laying off hundreds of employees from its global recruiting team. As per the media reports, the layoff continues amid slow hiring. Moreover, the company is actively assisting affected employees in their search for alternative roles, both within Alphabet and in other organizations. Alphabet is the first “Big […]

Sep 14, 2023

Layoffs

UBS to cut 100 jobs in Asia, Chargebee lays off 10% workforce

UBS Group AG is cutting Asia wealth-management jobs in the low hundreds, just months after completing its takeover of rival Credit Suisse as the bank responds to muted client activity and China’s slowing economy. According to various media reports, UBS plans to cut a minimum of 100 positions, including roles such as relationship managers in Hong […]

Sep 12, 2023

Layoffs

Dell Technologies plans to lay off sales team employees

An American multinational technology company, Dell Technologies will sack its employees in the core sales team as the company adopts a new partner-driven market strategy. According to Economic Times, a Dell spokesperson said, “Some members of our sales team will leave the company.” “We don’t make these decisions lightly, and we’ll support those impacted as they […]

Aug 8, 2023

Layoffs

Bengaluru-based startup fired employees helping find new jobs

Sambhav Jain and Kush Taneja, co-founders of Bengaluru-based startup fintech app Farm has announced the layoff of 18 employees. Sambhav Jain shared a Tweet from his official handle with the information about the layoff. The company has asked recruiters to get in touch for the relevant profiles and referrals. Sambhav Jain Tweet said, “One of the […]

Aug 3, 2023

Layoffs

Spinny used car retailer to cuts jobs to boost profitability

A new-age used car end-to-end platform in India, Spinny will cut around 300 jobs in order to boost profitability. Spinny has about 6,000-6,200 employees and the sackings affect 5 percent of the workforce. The company is currently operating in Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Kolkata, Chennai, Ahmedabad, Jaipur, Chandigarh, Indore, Coimbatore, Lucknow, Kochi and Surat. […]

Aug 3, 2023

Layoffs

Layoffs in July 2023 include toxic culture, breach of ethical code…

The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day). In July 2023 14,392 people lost their jobs. In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that […]

Aug 2, 2023

Layoffs

Ericsson and Accenture to slash 750 and 890 jobs respectively

The two major employers, Ericsson is to cut 750 of its US jobs & Accenture plans to cut 890 jobs from its Irish operations. Ericsson makes a cost-cutting move: 750 US jobs 5G equipment supplier Ericsson said it would cut 750 employees from its North American business as it shutters its field services operation. In […]

Aug 1, 2023

Layoffs

Flipkart owned Myntra to layoff employees amid restructuring

India’s leading e-commerce company, Flipkart-owned Myntra will layoff employees amid restructuring. Additionally, it is expected that the e-commerce company is likely to eliminate about 50 roles across the organization. “In our endeavor to cater to the ever-evolving needs of our customers, new developments, and technology innovations, we recalibrate our business priorities and review our organizational structure […]

Jul 26, 2023

Layoffs

Overestimation of demand led to post-COVID job cuts: Minister

In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated, “If we look at the tech space, layoffs occurred post-Covid. It happened to companies like Google, Microsoft, Meta, and even smaller startups. When the world was emerging from Covid, everyone […]

Jul 25, 2023