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: Aug 2022

Layoffs

LEAD, an Edtech platform plans to layoff the workforce

Aug 5, 2022

Vedantu lays off another employees after layoffs in May

Edtech firm Vedantu has laid off another employees in a restructuring exercise marking the compa...

Layoffs

Aug 3, 2022

Oracle to layoff in US, expected layoffs in Canada, India, Europe

A cloud technology company that provides organizations around the world with computing infrastructur...

Layoffs

Aug 2, 2022

Amazon has laid off lakh workforce

The e-commerce company, Amazon has slashed its direct workforce by nearly lakh, the largest sequen...

Layoffs

Aug 1, 2022

Layoffs

Ola to layoff about 1,000 employees, shifts focus to electric mobility

As Ola ramps up its hiring for the electric mobility business, the urban mobility firm is in the process of firing nearly 1,000 employees, according to Economic Times report. As per earlier reports, the company was laying off around 400-500 employees, while the annual appraisals for many staff were yet to be formalized. However, the final figure […]

Jul 29, 2022

Layoffs

Shopify is laying off about 1,000 employees globally

A leading global commerce company, Shopify has announced that it will lay off 10 percent of its workforce citing an internal memo sent by CEO Tobi Lütke. Sumiran (Sumi) Anand, Senior Technical Recruiter, Shopify, shared the post on LinkedIn, “Hello everyone, it’s me again! Impacted by Shopify layoffs this time and ready to bounce back. A little […]

Jul 28, 2022

Layoffs

TikTok restructures globally, lays off staff

The leading destination for short-form mobile video, TikTok has begun its process of laying off staff across the company in the U.S. and Europe. This will be part of a move to reorganize its business. The European employees of TikTok were told that their jobs were at risk and that they would hold a meeting with the […]

Jul 21, 2022

Industry

Ford to layoff up to 8,000 jobs

Ford Motor Company is planning to lay off nearly 8,000 employees in the coming weeks to boost funds in the electric-vehicle market. The layoffs are said to help wean Ford off ICE production and use those funds to further invest in EV development. The layoff plans may come in phases and are likely to begin this summer. Chief […]

Jul 21, 2022

Layoffs

Modsy Interior design startup shuts down, lays off employees

San Francisco-based online interior design services startup Modsy has shut down and laid off all of its employees. According to the reports, while the company’s website remains operational, its Twitter and Facebook pages have been deleted, and its Instagram account has been made private. However, the startup claims to have returned some service order charges and […]

Jul 19, 2022

Layoffs

Top esports firm 100 Thieves lays off dozens of employees

A lifestyle brand focused on gaming content, esports, and apparel, 100 Thieves has laid off dozens of employees. The recent layoff are reported on July 13 the reasons yet unknown. The company has laid off several employees across both its social media and content teams in a major shakeup for the esports, media, and apparel company, including senior staff […]

Jul 16, 2022

Layoffs

Tesla has laid off 229 employees from Autopilot team, shuts office

Electric vehicle maker, Tesla has laid off 229 annotation employees from its Autopilot team and closed one of its offices in the US. Tesla laid-off employees from its San Mateo office which has employed 276 workers. The remaining 47 employees may be sent to work in Tesla’s Buffalo Autopilot office. According to reports, “Most of the […]

Jul 13, 2022

Layoffs

Argo AI lays off about 150 employees nearly 5% of the Workforce

US-based autonomous vehicle technology startup, Argo AI layoffs about 150 employees as it makes adjustments to its business plans. The layoffs will be 5% of the Workforce. The company still has a global workforce of more than 2,000 employees. The company, backed by Ford Motor Co and Volkswagen AG, said “with incredible growth and progress […]

Jul 10, 2022

Industry

Ola may lay off upto 500 employees in order to drive cost-efficiency

India’s largest mobility platform and one of the world’s largest ride-hailing companies, Ola may lay off around 400-500 employees to drive cost-efficiency. The layoffs have been in results as in April 2022, Ola Dash scaled down its operations from 9 cities to 3 cities and dismissed over 2,100 contract workers. In June 2022, it shut down […]

Jul 6, 2022

Layoffs

Celsius crypto lending platform lays off 150 employees

Cryptocurrency lending platform, Celsius has laid off 150 employees which are 25% of its workforce. The layoffs have been done as the global crypto market goes through its worst meltdown. Celsius has informed, “We are focused and working as quickly as we can to stabilise liquidity and operations, in order to be positioned to share […]

Jul 5, 2022

Layoffs

Telecom gear firm Parallel Wireless lays off 500, including in India

Telecom equipment supplier Parallel Wireless has laid off at least 500 employees in India, Israel, UK, and US. The ‘Huge firings’ at Parallel Wireless as CEO blames economic conditions. RIU Global Services Pvt. Ltd. confirmed the layoffs through a LinkedIn post and said, “Yesterday, Parallel Wireless announced the layoff of 500 employees. While this is disappointing news for […]

Jul 2, 2022

Industry

Tesla to cut 200 jobs and closing office in San Mateo, California

According to the US media reports, Electric vehicle maker, Tesla is closing its office in San Mateo, California. Estimated job cuts are nearly 200 as part of a broader cost-cutting effort. The employees involved reportedly worked on the analysis of data from the vehicles’ autopilot driver assistance system. Tesla CEO Elon Musk said in an interview that Tesla’s new […]

Jun 30, 2022