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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: Sep 2023
UBS to cut jobs in Asia, Chargebee lays off workforce
Layoffs

UBS to cut jobs in Asia, Chargebee lays off workforce

Sep 12, 2023

, employees laid off in MS Dhoni-backed firm layoffs more people

The year has been a year of layoffs there have beennbsp,nbsplayoffs at tech companies w...

Layoffs
Sep 4, 2023
, employees laid off in MS Dhoni-backed firm layoffs more people

Byjus asked staff to resign voluntarily after performance review

Byjus layoffs Indias largest ed-tech company,nbsp Byjus asked employees to r...

Layoffs
Aug 19, 2023
Byjus asked staff to resign voluntarily after performance review

Amazon employee sacked after yrs being part of layoff isnt easy

An American multinational technology company, Amazon has sacked an employee after years of service...

Layoffs
Aug 14, 2023
Amazon employee sacked after yrs being part of layoff isnt easy
Mobile Premier League (MPL) layoffs nearly 50% of its workforce
Layoffs

Mobile Premier League (MPL) layoffs nearly 50% of its workforce

One of the largest players in the fantasy gaming business, Mobile Premier League (MPL) layoffs 350 employees, nearly 50 per cent of its workforce after the GST Council increased the GST burden on gamers and gaming companies to 28%. According to ET report, in a Note, Mobile Premier League founder said to staff on layoffs […]

Aug 9, 2023
Dell Technologies plans to lay off sales team employees
Layoffs

Dell Technologies plans to lay off sales team employees

An American multinational technology company, Dell Technologies will sack its employees in the core sales team as the company adopts a new partner-driven market strategy. According to Economic Times, a Dell spokesperson said, “Some members of our sales team will leave the company.” “We don’t make these decisions lightly, and we’ll support those impacted as they […]

Aug 8, 2023
Bengaluru-based startup fired employees helping find new jobs
Layoffs

Bengaluru-based startup fired employees helping find new jobs

Sambhav Jain and Kush Taneja, co-founders of Bengaluru-based startup fintech app Farm has announced the layoff of 18 employees. Sambhav Jain shared a Tweet from his official handle with the information about the layoff. The company has asked recruiters to get in touch for the relevant profiles and referrals. Sambhav Jain Tweet said, “One of the […]

Aug 3, 2023
Spinny used car retailer to cuts jobs to boost profitability
Layoffs

Spinny used car retailer to cuts jobs to boost profitability

A new-age used car end-to-end platform in India, Spinny will cut around 300 jobs in order to boost profitability. Spinny has about 6,000-6,200 employees and the sackings affect 5 percent of the workforce. The company is currently operating in Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Kolkata, Chennai, Ahmedabad, Jaipur, Chandigarh, Indore, Coimbatore, Lucknow, Kochi and Surat. […]

Aug 3, 2023
Layoffs in July 2023 include toxic culture, breach of ethical code…
Layoffs

Layoffs in July 2023 include toxic culture, breach of ethical code…

The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day). In July 2023 14,392 people lost their jobs. In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that […]

Aug 2, 2023
Ericsson and Accenture to slash 750 and 890 jobs respectively
Layoffs

Ericsson and Accenture to slash 750 and 890 jobs respectively

The two major employers, Ericsson is to cut 750 of its US jobs & Accenture plans to cut 890 jobs from its Irish operations. Ericsson makes a cost-cutting move: 750 US jobs 5G equipment supplier Ericsson said it would cut 750 employees from its North American business as it shutters its field services operation. In […]

Aug 1, 2023
Flipkart owned Myntra to layoff employees amid restructuring
Layoffs

Flipkart owned Myntra to layoff employees amid restructuring

India’s leading e-commerce company, Flipkart-owned Myntra will layoff employees amid restructuring. Additionally, it is expected that the e-commerce company is likely to eliminate about 50 roles across the organization. “In our endeavor to cater to the ever-evolving needs of our customers, new developments, and technology innovations, we recalibrate our business priorities and review our organizational structure […]

Jul 26, 2023
Overestimation of demand led to post-COVID job cuts: Minister
Layoffs

Overestimation of demand led to post-COVID job cuts: Minister

In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated, “If we look at the tech space, layoffs occurred post-Covid. It happened to companies like Google, Microsoft, Meta, and even smaller startups. When the world was emerging from Covid, everyone […]

Jul 25, 2023
Company sacks ‘Top Performer’ to set an example for others
Social Media

Company sacks ‘Top Performer’ to set an example for others

Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which gained significant attention and criticism. According to the user, the company fired one of its most accomplished employees. The post said, “Honestly, a lot of things have been going down at […]

Jul 21, 2023
Over 3 Lakhs employees (1,600 people per day) laid off in 2023
Layoffs

Over 3 Lakhs employees (1,600 people per day) laid off in 2023

The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]

Jul 20, 2023
Dukaan 90% of customer support staff replaced with AI chatbot
Layoffs

Dukaan 90% of customer support staff replaced with AI chatbot

A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]

Jul 12, 2023
Microsoft laid off 276 employees in new job cut round
Layoffs

Microsoft laid off 276 employees in new job cut round

An American multinational technology corporation, Microsoft has recently laid off 276 employees in a new job cut round. A Microsoft spokesperson stated, “Organisational and workforce adjustments are a necessary and regular part of managing our business.” “We will continue to prioritize and invest in strategic growth areas for our future and in support of our […]

Jul 11, 2023