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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: Jul 2023
Microsoft laid off employees in new job cut round
Layoffs

Microsoft laid off employees in new job cut round

Jul 11, 2023

Tata Steel sacks employees for breach of ethical code

An Indian multinational steel-making company, Tata Steel has sacked employees for breach of the e...

Layoffs
Jul 6, 2023
Tata Steel sacks employees for breach of ethical code

OLX to slash jobs worldwide Grab to layoff employees

OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reductio...

Layoffs
Jun 21, 2023
OLX to slash jobs worldwide Grab to layoff employees

BYJUS starts another round of layoffs, - people impacted

Edtech firm Byjus has announced another round of layoffs. It will fire - employees to cut co...

Social Media
Jun 20, 2023
BYJUS starts another round of layoffs, - people impacted
Mojocare layoffs 80% employees to improve capital efficiency
Layoffs

Mojocare layoffs 80% employees to improve capital efficiency

A Bengaluru-based health tech Mojocare layoffs 80 percent of its workforce nearly 160 employees. The layoffs are to improve capital efficiency and unit economics. The company said in a statement said, “A majority of Mojocare investors initiated a review of the company’s financial statements. While the analysis remains ongoing, initial findings have uncovered financial irregularities […]

Jun 19, 2023
Mamaearth’s Momspresso, Oracle & more laid off many employees
Layoffs

Mamaearth’s Momspresso, Oracle & more laid off many employees

The Layoffs are never-ending recently Mamaearth’s Momspresso, Oracle and TrueCar have laid off several employees. India’s largest user-generated content platform for women, Mamaearth’s Momspresso has laid off 80–100 employees. As reported by The Hindu Business Line, it will impact the brand marketing vertical. In 2021, Mamaearth acquired a majority stake in the parenting platform Momspresso. Momspresso […]

Jun 16, 2023
Better.com start job cuts again, layoffs entire real estate team
Layoffs

Better.com start job cuts again, layoffs entire real estate team

An American company, Better.com have started the job cuts again and this time the company is laying off the entire real estate team. Better.com has laid off nearly 4000 employees in India and the United States. Last year in May 2022, the company gave its employees in India the option to quit. Due to this reason of […]

Jun 10, 2023
Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans
Layoffs

Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans

An American social news aggregation, content rating, and discussion website, Reddit is laying off about 5 percent workforce. According to media reports, The company will sack nearly 90 people due to the global economic slowdown. According to reports, the company’s CEO Steve Huffman has informed the employees through an internal email to employees. The CEO wrote, “We’ve […]

Jun 7, 2023
2 lakh techies lost their jobs in 2023; more likely to happen soon 
Layoffs

2 lakh techies lost their jobs in 2023; more likely to happen soon 

The year 2023 has become the worst year for tech employees. In the current year, nearly 2 lakh tech employees from Big Tech firms to startups have been sacked to date globally. The major layoffs in May are as below:- Apparently, major tech companies are laying off employees exponentially due to economic uncertainties. The move […]

May 23, 2023
JioMart fires 1,000 employees, and more than 9000 jobs at risk
Layoffs

JioMart fires 1,000 employees, and more than 9000 jobs at risk

An Indian e-commerce company, JioMart fires 1,000 employees and more than 9000 jobs at risk that can be laid off in the coming weeks. This comes after the company aims to align its operations with Metro Cash and Carry that it acquired recently. The job cuts at JioMart will be part of a larger […]

May 23, 2023
BT plans massive layoffs, to cut up to 55000 jobs
Layoffs

BT plans massive layoffs, to cut up to 55000 jobs

The UK telecommunication giant British Telecommunications (BT Group) has planned massive layoffs to cut up to 55000 jobs and some of these jobs will be replaced by artificial intelligence. Philip Jansen, Chief Executive, said, “We have delivered our outlook for FY23: this year we’ve grown both pro forma revenue and EBITDA for the first time in […]

May 20, 2023
Vodafone to layoff 11,000 employees
Layoffs

Vodafone to layoff 11,000 employees

Telecom giant Vodafone has decided to cut 11,000 jobs over the next 3 years. The job cuts equate to about 12 percent of the total workforce. Vodafone’s new chief executive Margherita Della Valle said in a statement, “Our performance has not been good enough. To consistently deliver, Vodafone must change. My priorities are customers, simplicity, and growth.” “We will […]

May 16, 2023
Google will be reducing contract workforce supporting YouTube
Layoffs

Google will be reducing contract workforce supporting YouTube

According to the reports of Business Insider, Google is ending contracts with firms such as Cognizant and Accenture, which employ workers involved in supporting various YouTube services. Google’s reduction will impact Cognizant and Accenture. However, the exact number of impacted Cognizant workers is not clear. Additionally, the cuts were announced to Cognizant workers at the […]

May 16, 2023
LinkedIn to cut 716 jobs and shut its China app
Layoffs

LinkedIn to cut 716 jobs and shut its China app

LinkedIn, the world’s largest social media platform for professionals, is cutting 716 positions and shutting down its jobs app in mainland China, the California-based company announced. The decision was made amid shifts in customer behavior and slower revenue growth, CEO Ryan Roslansky said Monday in a letter to employees. “As we guide LinkedIn through this rapidly changing landscape, […]

May 9, 2023
Company threw lavish party with branded drinks then laid off staff
Layoffs

Company threw lavish party with branded drinks then laid off staff

The leader in offensive security company, Bishop Fox has laid off 13 percent of its workforce or 50 employees. The company laid off the employees after it invited employees to the RSA cybersecurity conference for a party where it served drinks. According to reports, Bishop Fox CEO Vinnie Liu said, “We proactively made these changes in […]

May 6, 2023
Shopify & Teachmint lays off employees: Read CEO’s message
Layoffs

Shopify & Teachmint lays off employees: Read CEO’s message

The layoff is not ending. Now, a leading provider of education-infrastructure solutions, Teachmint & Shopify has sacked employees. Teachmint sacks 70 more employees Teachmint has laid off 70 more employees in the second round of layoffs in six months. Previously, the company laid off 45 employees. The company looks forward to reducing costs. The company will […]

May 6, 2023