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: Oct 2022

Layoffs

After Byjus, Ed-tech firm FrontRow also lays off workforce

Oct 17, 2022

Infosys layoffs employees for moonlighting

An Indian multinational information technology company, Infosys has fired a few employees in recent ...

Layoffs

Oct 14, 2022

Byjus to layoff employees

As per the companys statement, A global ed-tech company, Byjus will be laying off near...

Layoffs

Oct 13, 2022

Intel Corporation plans to layoff thousands of employees

An American multinational corporation and technology company, Intel Corporation is planning thousand...

Layoffs

Oct 12, 2022

Intel Corporation plans to layoff thousands of employees

Layoffs

This CEO wants people to be happy that he laid off 500 employees

Peloton, US exercise, and fitness equipment company, CEO Barry McCarthy has announced to lay off nearly 500 employees. These Job cuts are 12 percent of the total workforce. Earlier, in August the company laid off roughly 780 employees. The previous layoffs were the result of several stores shut down and hiked prices on bikes and […]

Oct 10, 2022

Layoffs

Facebook may lay off 12000 employees

Meta is reportedly conducting ‘quiet layoffs‘ at Facebook that may lead to thousands of job cuts — at least 12,000 or about 15 per cent of its workforce. According to a report in Insider, the senior executives are in the process of executing “quiet layoffs” of underperforming workers. Several employees told Insider that as much as 15 […]

Oct 7, 2022

Layoffs

EPAM sacks 100 in India, revokes offers

An American company that specializes in service development, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania, EPAM Systems has asked nearly 100 Indian employees to resign from the organization. The employees are forced to resign across EPAM Systems and EPAM Anywhere. According to ET, These employees are not tagged to any specific […]

Oct 3, 2022

Industry

No hirings, more layoffs soon: Mark Zuckerberg to employees

The social media and technology company, Meta Founder and CEO Mark Zuckerberg has said that the company is freezing hiring across the board. The company has also warned that more layoffs are in the pipeline. Zuckerberg mentioned during the last Meta earnings call that ‘Our plan is to steadily reduce headcount growth over the next […]

Oct 2, 2022

Layoffs

Layoff affecting employees; 2,900 more to lose jobs

As Covid-19 hit worldwide, many companies have been laying off employees for one or other reasons. Now, Siemens Gamesa plans to layoff. Siemens Gamesa is laying off nearly 3000 employees as the company plans for this move as it wants to return to a profitability state. However, earlier in the year Reuters had reported that the company was […]

Sep 30, 2022

Labour Law

An employee can be terminated for suppressing: Supreme Court

The Supreme Court Monday said that an employee can be terminated from the service for suppressing or giving false information concerning matters having a bearing on his fitness or suitability for the post. The top court laid down broad principles of law to be taken into account especially in the case of recruitment in police […]

Sep 29, 2022

Industry

Boeing to outsource corporate jobs to TCS

Boeing said that about 150 jobs nationwide will be cut in the first batch of layoffs, and will outsource them to Tata Consultancy Services (TCS). Boeing informed its non-union corporate staff through an all-hands virtual meeting. Last year the aerospace company Boeing has also outsourced IT work to Dell. This also affected the employees as […]

Sep 27, 2022

Industry

Ola takes a U-turn on layoff plans, cancels decision of 200 layoff

India’s largest mobility platform and one of the world’s largest ride-hailing companies, Ola has decided not to lay off its engineers for now. With the rising inflation post-COVID-19. The companies either have laid off employees or have slowed down the hiring process. This news has come as a relief for the employees. However, Ola has […]

Sep 23, 2022

Layoffs

Wipro has terminated 300 employees for moonlighting

India’s IT services provider company, Wipro has laid off 300 employees who were found working with its competitor companies at the same time employment with Wipro. Wipro Chairman Rishad Premji said on 21 September that their employment has been terminated for an “act of integrity violation”. “The reality is that there are people today working […]

Sep 21, 2022

Industry

Ola clarifies laying off 200 engineers to ‘centralize’ operations

India’s largest mobility platform and one of the world’s largest ride-hailing companies, earlier there have been reports that Ola will lay off 500 employees. Earlier, CNBC had reported that the company’s nearly 500 employees are being laid off from the various software verticals of ANI technologies which operate as Ola Cabs. However, now the company dismissed […]

Sep 19, 2022

Layoffs

Tencent layoffs gaming news site Fanbyte’s employees

A Chinese multinational technology and entertainment conglomerate, Tencent have laid off the entire editorial workers at their online gaming publication -Fanbyte. The layoffs have affected the positions of editor-in-chief, head of media, options editor, social editor, information editor, graphic designer, podcast producer, and several other writers. Tencent workers who have been booted out posted their […]

Sep 18, 2022

Layoffs

Twilio to lay off 11 per cent of employees

Communications software provider company Twilio has announced that it will be laying off 11% of its workforce between 800 and 900. In a message to staff, CEO Jeff Lawson called the layoffs “wise and necessary,” blaming them partially on Twilio’s rapid growth over the last several years and “[lack of focus]” on key priorities. “I take responsibility […]

Sep 15, 2022