Latest Lay offs HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Lay offs.
An Indian multinational educational technology company, Byjus has laid off nearly , emplo...
Due to economic uncertainty companies like Workday, Greater Noida industrial development authority, ...
An American multinational conglomerate holding company, FedEx has announced that the company is cutt...
Chip-maker Intel is laying off nearly 340 employees at one of its campuses in the US. However, the company has announced the layoffs through the Worker Adjustment and Retraining Notification (WARN) notice. According to the WARN Act requires employers to provide a 60-day notice to workers and state officials of mass layoffs. “All impacted employees […]
Fintech company, PayPal is planning to reduce its workforce by 7%, or about 2,000 employees as the firm is hit by the economic slowdown. PayPal President and CEO Dan Schulman said that these job reductions will occur over the coming weeks, with some organisations impacted more than others. The following message was shared with PayPal […]
Google recently sacked 12,000 employees across departments. The company CEO Sundar Pichai took responsibility for the layoffs. Although, Google promised to pay a severance package to all the impacted employees it has come as surprise for many employees. Dan Lanigan Ryan, a recruiter for Morgan McKinley at Google’s Dublin office, learned that he had been […]
A Dutch multinational conglomerate corporation, Philips will cut nearly 6000 jobs in a drive to improve profitability. The company plans to cut half of the jobs this year. However, the remaining half will be realized by 2025. Roy Jakobs, CEO of Royal Philips said, “2022 has been a very difficult year for Philips and our stakeholders, […]
As per BBC reports, An American multinational technology company, Staff of Amazon Coventry warehouse in the UK workers have revealed that their toilet breaks were timed. The workers of the Coventry warehouse recently signed up to join the GMB union. The employees have been on strike for several days in London over wages and severe working conditions. As […]
According to Reuters Reports, One of the largest professional services companies, Ernst & Young (EY Germany) is planning to cut 40 partners and 380 staff. EY is looking forward to improving its profitability. The layoffs have affected the firm due to the Wirecard scandal in which the investors have witnessed billions of euros in losses. Additionally, German […]
Google layoffs: recently, a multinational technology company, Google parent Alphabet announced to sack 12,000 employees. Writing about Google layoffs on social media a Google software engineer has said that he was sacked by his employer just days after he returned to work following his mother’s death. Tommy York, Google, Software Engineer shared a LinkedIn post, “I was laid […]
IBM and SAP joined the cadre of IT giants planning to layoffs thousands of their employees this year. Both companies reported their respective fourth-quarter earnings ended on Dec. 31. The multinational technology corporation, IBM would lay off 3,900 employees 1.5 percent of its global workforce. On the other hand, SAP is planning to lay off […]
Recently, A multinational technology company, Google parent Alphabet announced the sack of 12,000 employees. The company has already sent the email to the employees in the US. The company is providing the following benefits to the affected employees:- However, Sundar Pichai the CEO of Google also wrote an Email to Employees stating that the company is […]
The year 2023 has begun on a bad note for tech workers globally. Tech Mahindra Former CEO Kiran Deshpande shared his advice on the same issue. There have been nearly 91 companies that have laid off more than 24,000 tech employees in the first 15 days this month. More than 1,600 tech employees are being laid […]
Recently, Chris Williams, Ex-Microsoft Vice President- Human Resources has come forward to share three categories of employees that are unsafe during layoffs and two categories of employees who are at least at risk during layoffs. Below are the categories of employees who are at least risk:- Profit-making employees: “If you’re an essential part of building the most […]
Recently, an Indian multinational corporation, Wipro sacked 452 fresher employees due to poor performance. The union of IT employees Nascent Information Technology Employees Senate (NITES) said that it ‘strongly condemns the unethical layoffs done by Wipro.’ NITES President Harpreet Singh Saluja said, “For a year these employees were struggling to join the company despite clearing […]
