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

Social Media

Company sacks Top Performer to set an example for others

Jul 21, 2023

Over Lakhs employees , people per day laid off in

The year has been a year of layoffs overnbsp Lakhs employees ,nbsppeople per day wer...

Layoffs

Jul 20, 2023

Over Lakhs employees , people per day laid off in

Dukaan of customer support staff replaced with AI chatbot

A DIY platform that enables merchants with zero programming skills to set up theirnbspe-commerce s...

Layoffs

Jul 12, 2023

Dukaan of customer support staff replaced with AI chatbot

Microsoft laid off employees in new job cut round

An American multinational technology corporation, Microsoft has recently laid off employees in a...

Layoffs

Jul 11, 2023

Microsoft laid off employees in new job cut round

Layoffs

Tata Steel sacks 35 employees for breach of ethical code

An Indian multinational steel-making company, Tata Steel has sacked 35 employees for breach of the ethical code according to TOI reports. Tata Steel chairman N Chandrasekaran said, “The company has made significant acquisitions in the last few years and initiated a drive for an open culture.” “Employee can express his or her concerns. It could […]

Jul 6, 2023

Layoffs

OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees

OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reduction of approximately 800 jobs worldwide The company has started shutting down operations of its automotive unit, Olx Autos, in certain markets after exploring potential buyers and investors 6 months earlier, OLX’s planned to reduce its global workforce by 1,500 employees […]

Jun 21, 2023

Social Media

BYJU’S starts another round of layoffs, 500-1000 people impacted

Edtech firm Byju’s has announced another round of layoffs. It will fire 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, business development as well as product and technology functions. To cut costs, the company had laid off over 2,500 employees across departments, in October last […]

Jun 20, 2023

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

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

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

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

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

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

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

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

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