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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: Jul 2023
Almost of employees in India feel insecure in their jobs
Survey & Report

Almost of employees in India feel insecure in their jobs

Jul 8, 2023

Tata Steel sacks employees for breach of ethical code

An Indian multinational steel-making company, Tata Steel has sacked employees for breach of the e...

Layoffs
Jul 6, 2023
Tata Steel sacks employees for breach of ethical code

PwC Australia sacks eight partners over tax leak scandal

According to Reuters, PwC Australia has fired eight partners as part of an internal investigation in...

Industry
Jul 4, 2023
PwC Australia sacks eight partners over tax leak scandal

OLX to slash jobs worldwide Grab to layoff employees

OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reductio...

Layoffs
Jun 21, 2023
OLX to slash jobs worldwide Grab to layoff employees
BYJU’S starts another round of layoffs, 500-1000 people impacted
Social Media

BYJU’S starts another round of layoffs, 500-1000 people impacted

Edtech firm Byju’s has announced another round of layoffs. It will fire 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, business development as well as product and technology functions. To cut costs, the company had laid off over 2,500 employees across departments, in October last […]

Jun 20, 2023
Mojocare layoffs 80% employees to improve capital efficiency
Layoffs

Mojocare layoffs 80% employees to improve capital efficiency

A Bengaluru-based health tech Mojocare layoffs 80 percent of its workforce nearly 160 employees. The layoffs are to improve capital efficiency and unit economics. The company said in a statement said, “A majority of Mojocare investors initiated a review of the company’s financial statements. While the analysis remains ongoing, initial findings have uncovered financial irregularities […]

Jun 19, 2023
Mamaearth’s Momspresso, Oracle & more laid off many employees
Layoffs

Mamaearth’s Momspresso, Oracle & more laid off many employees

The Layoffs are never-ending recently Mamaearth’s Momspresso, Oracle and TrueCar have laid off several employees. India’s largest user-generated content platform for women, Mamaearth’s Momspresso has laid off 80–100 employees. As reported by The Hindu Business Line, it will impact the brand marketing vertical. In 2021, Mamaearth acquired a majority stake in the parenting platform Momspresso. Momspresso […]

Jun 16, 2023
Better.com start job cuts again, layoffs entire real estate team
Layoffs

Better.com start job cuts again, layoffs entire real estate team

An American company, Better.com have started the job cuts again and this time the company is laying off the entire real estate team. Better.com has laid off nearly 4000 employees in India and the United States. Last year in May 2022, the company gave its employees in India the option to quit. Due to this reason of […]

Jun 10, 2023
Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans
Layoffs

Reddit Layoffs Hit 5% Workforce; Company Reduces Hiring Plans

An American social news aggregation, content rating, and discussion website, Reddit is laying off about 5 percent workforce. According to media reports, The company will sack nearly 90 people due to the global economic slowdown. According to reports, the company’s CEO Steve Huffman has informed the employees through an internal email to employees. The CEO wrote, “We’ve […]

Jun 7, 2023
2 lakh techies lost their jobs in 2023; more likely to happen soon 
Layoffs

2 lakh techies lost their jobs in 2023; more likely to happen soon 

The year 2023 has become the worst year for tech employees. In the current year, nearly 2 lakh tech employees from Big Tech firms to startups have been sacked to date globally. The major layoffs in May are as below:- Apparently, major tech companies are laying off employees exponentially due to economic uncertainties. The move […]

May 23, 2023
JioMart fires 1,000 employees, and more than 9000 jobs at risk
Layoffs

JioMart fires 1,000 employees, and more than 9000 jobs at risk

An Indian e-commerce company, JioMart fires 1,000 employees and more than 9000 jobs at risk that can be laid off in the coming weeks. This comes after the company aims to align its operations with Metro Cash and Carry that it acquired recently. The job cuts at JioMart will be part of a larger […]

May 23, 2023
Woman laid off by Amazon rejoins same team after 4 months
Layoffs

Woman laid off by Amazon rejoins same team after 4 months

A Woman named Paige Cipriani was laid off by the layoffs at Amazon in January and rejoined the same team after 4 months. As per LinkedIn profile, Paige Cipriani, Product Marketing Manager, Social Marketing at Amazon shared a post saying, “I am so happy to announce that on Monday. I started back at Amazon on the […]

May 22, 2023
Vodafone to layoff 11,000 employees
Layoffs

Vodafone to layoff 11,000 employees

Telecom giant Vodafone has decided to cut 11,000 jobs over the next 3 years. The job cuts equate to about 12 percent of the total workforce. Vodafone’s new chief executive Margherita Della Valle said in a statement, “Our performance has not been good enough. To consistently deliver, Vodafone must change. My priorities are customers, simplicity, and growth.” “We will […]

May 16, 2023
Google will be reducing contract workforce supporting YouTube
Layoffs

Google will be reducing contract workforce supporting YouTube

According to the reports of Business Insider, Google is ending contracts with firms such as Cognizant and Accenture, which employ workers involved in supporting various YouTube services. Google’s reduction will impact Cognizant and Accenture. However, the exact number of impacted Cognizant workers is not clear. Additionally, the cuts were announced to Cognizant workers at the […]

May 16, 2023
Amazon India layoffs: Tech giant lays off about 500 employees
Layoffs

Amazon India layoffs: Tech giant lays off about 500 employees

An American multinational technology company focusing on e-commerce, Amazon is laying off about 500 employees in India. According to the reports of the Economic Times, Amazon India will layoffs across different businesses and functions including Amazon Web Services (AWS), human resources, and support functions. Additionally, Some of Amazon’s onboarding functions in tier-2 cities such as […]

May 16, 2023
LinkedIn to cut 716 jobs and shut its China app
Layoffs

LinkedIn to cut 716 jobs and shut its China app

LinkedIn, the world’s largest social media platform for professionals, is cutting 716 positions and shutting down its jobs app in mainland China, the California-based company announced. The decision was made amid shifts in customer behavior and slower revenue growth, CEO Ryan Roslansky said Monday in a letter to employees. “As we guide LinkedIn through this rapidly changing landscape, […]

May 9, 2023