Latest Lay offs HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Lay offs.
According to media reports on layoff, In the first half of the year that is from January to Jun...
An American multinational technology company, Google parent Alphabet had announced to sack , em...
Tech giant, Amazon is laying off more than , employees which was more employees than previo...
An Indian multinational corporation, Wipro has sacked 452 fresher employees due to poor performance. Wipro fired the employees after taking an internal test. However, the company has waived the training cost spent on the employees. However, the company has not commented on the exact number of layoffs. As per the update the company laid off […]
An Indian online food ordering and delivery platform, Swiggy lays off 380 employees due to the company’s restructuring exercise. Due to “poor judgment the company has “overhired” employees. The CEO has also explained that the growth rate for food delivery has slowed down. This was against the company’s projections. The company’s CEO said, “We’re implementing […]
Indian Startup of an online vehicle repair platform, GoMechanic fires nearly 70% of the workforce due to Reported Incorrect Financial Data. Amit Bhasin cofounder GoMechanic shared a LinkedIn post saying, “We founded GoMechanic In 2016 to bridge the gap between process-oriented authorized service centers and cost-effective local workshops for people who were looking for a […]
Asia’s biggest internet company, Tencent Holdings Ltd fired more than 100 employees. The reason behind the termination is violating law and company policies in 2022 including suspected bribery and embezzlement. The number of employees that were sacked was accused of corruption were part of the company’s PCG arm. The PCG arm oversees its mammoth content […]
An American multinational technology company, Microsoft will sack 11,000 employees worldwide due to the global economic slowdown. The year 2023 has begun on a bad note for tech workers globally. 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 […]
According to reports, Aditya Birla Group and Vodafone Group partnership company, Vodafone Idea have faced mass resignation from the sales team. According to reports, as many as one-fifth or nearly 20% of Vodafone Idea’s sales team has quit over the past couple of weeks. The permanent employee count for Vodafone Idea has fallen over 35 […]
According to Business Today, an Indian multinational ridesharing company, Ola has fired 200 people in a fresh round of layoffs. The layoffs are across Ola Cabs, the ride-hailing business, and Ola Electric, the electric vehicle manufacturing company. Earlier in September, Ola laid off nearly 200 employees across the engineering segment. The company earlier made headlines […]
The Kerala High Court has held that the contractual staff can’t be sacked for poor performance without prior notice. Case Background The appellants were appointed as the Attender and Part-Time Sweeper at the dispensary in Mananthavady. However, The appointments to the post were done after due selection. The court has set aside an order from […]
In another round of layoffs, an Indian educational technology company, Unacademy will let go of around 40 people. NextLevel, which was launched last month as a product that would ‘disrupt LinkedIn’ and make resumes irrelevant. Unacademy has laid off more than 1,200 employees since the start of 2021. The company has halved its team […]
The UK PM Rishi Sunak plans a new Law to let employers fire workers. This legislation will allow employers in essential sectors to terminate the employment of striking workers. The proposed legislation is already facing opposition in the House of Lords from Keir Starmer. The leader of the opposition Labour Party has warned that if […]
In 2022, over 1 lakh employees lost their jobs across various sectors. But in less than 9 days in January over 30,000 employees have lost their jobs. The layoff number has exceeded December in a few days. Data from the layoff tracker shows that a total of 30,611 people from 30 companies were laid off […]
An American multinational fast food chain, McDonald’s CEO Chris Kempczinski has confirmed that the company may layoff employees in April 2023 as part of a cost-cutting exercise. The layoff will affect the employees from the corporate wing of the company. The CEO has told Wall Street Journal that “some jobs that are existing today are either […]
