layoff: HR News, Trends & Workplace Insights

Latest layoff HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on layoff.

Updated on: Jan 2023

Layoffs

Wipro sacks freshers, people allegedly fired after internal test

Jan 20, 2023

Swiggy lays off employees, CEO letter to employees

An Indian online food ordering and delivery platform, Swiggy lays off employees due to the compa...

Layoffs

Jan 20, 2023

Swiggy lays off employees, CEO letter to employees

A startup fired of staff due to reported incorrect financial data

Indian Startup of an online vehicle repair platform, GoMechanic fires nearly of the workforce du...

Layoffs

Jan 20, 2023

A startup fired of staff due to reported incorrect financial data

Indian employees likely to get - salary hike in , Report

According to the survey by Korn Ferry, the companies in India are projected to dole out an average s...

Survey & Report

Jan 19, 2023

Indian employees likely to get - salary hike in , Report

Layoffs

Tencent fires 100 employees for bribery and embezzlement

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 […]

Jan 18, 2023

Layoffs

Microsoft to sack 11,000 employees worldwide

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 […]

Jan 18, 2023

Industry

Vodafone Idea faces mass resignation from sales team

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 […]

Jan 17, 2023

Layoffs

Ola fires 200 people in a fresh round of layoffs

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 […]

Jan 13, 2023

Labour Law

Contractual staff can’t be sacked for poor performance without notice

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 […]

Jan 11, 2023

Industry

Unacademy builds LinkedIn competitor NextLevel, 40 people fired

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 […]

Jan 11, 2023

Industry

UK PM Rishi Sunak Plans New Law To Let Employers Fire Workers

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 […]

Jan 9, 2023

Industry

Over 30,000 lost jobs in Jan exceed December total in just 6 days

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 […]

Jan 9, 2023

Layoffs

McDonald’s to sack employees; CEO Chris Kempczinski confirms

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 […]

Jan 7, 2023

Layoffs

upGrad-owned Harappa sacks 35% of the workforce

As 2023 started the news of layoffs. Recently, upGrad-owned learner-centered institution, Harappa has announced to sack of nearly 70 employees or 35% of its 200-strong workforce. As per reports, the affected employees have been told to serve a month’s notice, and no other severance benefits have been offered to them. The layoffs have affected mainly […]

Jan 6, 2023

Industry

After 6 months of being sacked, employee shoots former boss in Noida

According to ET, After 6 months of being sacked a BPO employee (Anoop Singh) shoot his former manager in Noida. The condition of the manager is critical and is admitted to the hospital. Anoop Singh worked in BPO as a data entry operator in NSB BPO under Phase-1 in Noida Sector 2. The injured employee Sadrul […]

Jan 6, 2023

Layoffs

Amazon to layoff 70% more employees than earlier planned

According to the Wall Street Journal, an American multinational technology company, Amazon is laying off more than 17,000 employees, which is 70% more employees than previously planned. However, The job cuts that began last year were expected that it will affect nearly about 10,000 people. The reduction is concentrated in the firm’s corporate ranks. The […]

Jan 5, 2023