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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: Feb 2023
Infosys in trouble for firing freshers
Industry

Infosys in trouble for firing freshers

Feb 18, 2023

Google sacks employees in India

An American multinational technology company, Google laid off employees from various departments...

Layoffs
Feb 17, 2023
Google sacks employees in India

KPMG to sack employees due to economic slowdown

A multinational professional services network, and one of the Big Four accounting organizations, KPM...

Layoffs
Feb 16, 2023
KPMG to sack employees due to economic slowdown

LinkedIn sacks employees in recruitment department Report

According to reports, a business and employment-focused social media platform, LinkedIn will sack em...

Layoffs
Feb 14, 2023
LinkedIn sacks employees in recruitment department Report
A couple lost their Jobs for abusing their minor domestic help
Industry

A couple lost their Jobs for abusing their minor domestic help

A Couple in Gurugram has recently lost their Jobs for abusing and torturing their 17 years old minor domestic help. The domestic help was based out of Ranchi in Jharkhand and she was hired through a placement agency. The police arrested Manish Khattar and his wife Kamaljeet Kaur. Manish Khattar was arrested immediately but Kamaljeet Kaur was […]

Feb 13, 2023
IIT graduate laid off by Microsoft gets overwhelming support from Twitter
Industry

IIT graduate laid off by Microsoft gets overwhelming support from Twitter

In January 2023 Microsoft announced to sack 11,000 employees worldwide due to the global economic slowdown. An IIT graduate took to Twitter to share his post about being laid off by Microsoft. Koustuv Saha shared a tweet, “I am laid off from @MSFTResearch MTL. It hasn’t quite sunk in, but it has hit my confidence to lose […]

Feb 13, 2023
Kris Gopalakrishnan Infosys co-founder: Layoffs can’t be avoided
Industry

Kris Gopalakrishnan Infosys co-founder: Layoffs can’t be avoided

According to business today, Infosys co-founder Kris Gopalakrishnan has said that layoffs aren’t desirable, but can’t be avoided. Infosys co-founder Kris Gopalakrishnan said the statement at the All Summit 2023 by Great Place to Work. However, the layoffs have been disheartening. The IT industry currently employs 5 lakh people. The industry has been continuously adding […]

Feb 11, 2023
GoDaddy lays off 8 percent of the workforce
Layoffs

GoDaddy lays off 8 percent of the workforce

An American publicly traded Internet domain registrar and web hosting company, GoDaddy CEO Aman Bhutani has sacked 8 percent of its workforce. The employees are mainly impacted in the US. The affected employees are from multiple levels in the company and every division. Aman Bhutani, Chief Executive Officer, GoDaddy shared a LinkedIn post saying, “Earlier today, […]

Feb 11, 2023
IT companies to layoff 2500 freshers who fail to screen tests
Industry

IT companies to layoff 2500 freshers who fail to screen tests

According to a mint report, IT services companies are to layoff 2500 freshers for failing screening tests. Recently, the top two IT-Major have sacked 1052 employees who failed to qualify for the internal tests. However, this is an indicator that there are concerning headwinds in the coming quarters. According to reports, the layoffs will be […]

Feb 11, 2023
Yahoo to lay off 20% staff as it aims to restructure ad tech division
Layoffs

Yahoo to lay off 20% staff as it aims to restructure ad tech division

An American multinational technology company, Yahoo is planning to sack more than 20% of its total workforce by end of the year. This is part of a major restructuring of its ad tech division. The Job cuts will impact 1,000 employees this week. However, the company is planning to layoff 50% of Yahoo’s ad tech employees by the end […]

Feb 10, 2023
TikTok fires its entire India team
Layoffs

TikTok fires its entire India team

According to the ET reports, a short-form video hosting service, TikTok has fired its entire India team. The company has fired 40 people. The move came almost after three years TikTok was banned in India. The app was banned in India along with 300 other Chinese apps over national security issues. The employees that were working […]

Feb 10, 2023
Disney to layoff 7,000 employees to make business more profitable
Layoffs

Disney to layoff 7,000 employees to make business more profitable

An American multinational, mass media and entertainment conglomerate, Disney will layoff 7,000 employees to make business more profitable. The layoffs represent an estimated 3.6% of the company’s global workforce.  The effort of the company is to save $5.5 billion in costs and make its streaming business profitable. The company shifts its focus to its core brands and […]

Feb 9, 2023
Fiancé got sacked by Microsoft: Woman asks “Marry him or not”?
Industry

Fiancé got sacked by Microsoft: Woman asks “Marry him or not”?

The major companies laid off employees including Infosys, Amazon, Google, Microsoft, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally. According to trueup.io, so far in 2023, Stay up-to-date on the latest layoffs across big tech, tech unicorns, and startups. So far in 2023, there have been 379 layoffs at tech companies with 113,082 people impacted (3,056 people per day). In 2022, […]

Feb 8, 2023
Zoom to sack 1300 employees, CEO salary to be reduced by 98%
Layoffs

Zoom to sack 1300 employees, CEO salary to be reduced by 98%

An American communications technology company, Zoom has announced to sack 1300 employees or roughly 15 percent of the company’s workforce.  Additionally, the Zoom CEO’s salary is to be reduced by 98%. The company hired employees as there was an increase in demand due to the pandemic. But as the pandemic is almost over the demand for […]

Feb 8, 2023
Dell to sack about 6,500 employees from its Global Workforce
Layoffs

Dell to sack about 6,500 employees from its Global Workforce

According to Bloomberg reports, An American-based technology company, Dell will sack about 6,500 employees which is about 5 percent of its global workforce. In a memo Co-Chief Operating Officer Jeff Clarke said, “The company is experiencing market conditions that “continue to erode with an uncertain future.” “We’ve navigated economic downturns before and we’ve emerged stronger. […]

Feb 6, 2023
Infosys fires 600 freshers after they fail Internal Test
Layoffs

Infosys fires 600 freshers after they fail Internal Test

An Indian multinational information technology company, Infosys has fired 600 freshers after they fail an internal assessment test. Recently, Wipro also sacked 452 fresher employees due to poor performance. The company fired the employees after taking an internal test. However, the company also waived the training cost of Rs.75,000/- for the freshers. According to Business Today a […]

Feb 6, 2023