Latest layoff HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on layoff.
An Indian multinational steel-making company, Tata Steel has sacked employees for breach of the e...
According to Reuters, PwC Australia has fired eight partners as part of an internal investigation in...
OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reductio...
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
