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: May 2023

Layoffs

Company threw lavish party with branded drinks then laid off staff

May 6, 2023

Cognizant to fire employees close few offices to save cost

Cognizant, one of the worlds leading professional services companies, announced its first qua...

Layoffs

May 4, 2023

Cognizant to fire employees close few offices to save cost

Meta fired -week pregnant employee, heres what happened next

The major companies that laid off employees include Meta, Infosys, Amazon, Google, Byjus, Wipro, an...

Layoffs

Apr 26, 2023

Meta fired -week pregnant employee, heres what happened next

Layoffs have no end Deloitte to slash , jobs

According to the reports of Business Today, an international professional services company, Deloitte...

Layoffs

Apr 22, 2023

Layoffs

Simpl to layoff 150, Twitter’s rival Koo to sack 30% staff

The year 2023 has seen a downfall in hiring and an increase in the number of layoffs. Now, reports have circulated that Simpl and Koo have laid off employees. Simpl to layoff 150 employees India’s leading 1-tap checkout network meant to make payments invisible and money intelligent, Simpl will sack 25 percent which is nearly […]

Apr 20, 2023

Layoffs

McKinsey & Company to slash 1,400 jobs this week

According to a Bloomberg report, Consulting giant McKinsey & Company is embarking on a rare round of major job cuts, with plans to eliminate about 1,400 jobs this week. The job cut is nearly 3% of the total workforce. The company is laying off employees due to a global economic downturn. The company is restructuring […]

Mar 29, 2023

Layoffs

Employee sacked for reheating food in the company’s microwave

The year 2023 started on a layoff note. So far in 2023, there have been 708 layoffs at tech companies with 211,140 people impacted (2,427 people per day). In 2022, there were 1,535 layoffs at tech companies 241,176 people were impacted. There can be many reasons behind sacking an employee. Companies are laying off employees due to poor performance, cost-cutting, or due to economic uncertainty. […]

Mar 28, 2023

Layoffs

GitHub sacks entire engineering team in India

Microsoft-owned, AI-powered developer platform GitHub has sacked its entire engineering team operating in India. This has affected nearly 100 employees. Gergely Orosz, Tech writer has shared the information through a Tweet, “What I am hearing: GitHub’s India engineering team is no more. Yesterday, the complete dev team was let go at once. We’re talking of […]

Mar 28, 2023

Industry

Flipkart’s Chief People Officer confirms no mass layoffs at Flipkart

The e-commerce company Flipkart Krishna Raghavan, the Chief People Officer has said that there will be no mass layoffs in the company. In the conversation with mint Krishna Raghavan told that the company will not be offering salary hikes to senior management officials and also would not lead to any job cuts. Additionally, the company will not delay […]

Mar 27, 2023

Layoffs

No end to layoffs! READ heartbroken CEO’s message on layoffs

There is no end to layoffs recently an American worldwide employment website, Indeed has sacked 2,200 employees roughly 15% of the workforce. The company’s severance package will have some additions based on role and location, but under the severance agreement employees will receive: Indeed CEO Chris Hyams wrote, “I am heartbroken to share that I have made […]

Mar 25, 2023

Industry

Meta former employee was paid Rs 1.5 crore salary to do nothing

A former Meta employee Madelyn Machado shared a video on TikTok revealing how she had nothing to do especially in the recruiting space at social media platform Meta for six months straight. And she also revealed that she was getting paid $190,000 (roughly Rs 1.57 crore) annually. In the Video (Click here to watch the […]

Mar 24, 2023

Layoffs

Accenture to sack 19,000 employees in next 18 months

A leading global professional services company, Accenture will sack 19,000 employees which is nearly 2.5 percent of the company’s workforce. More than half of the layoffs would impact employees in its non-billable corporate functions. According to CNBC reports the layoff will be over a period of the next 18 months. CNBC-TV18 shared a tweet saying, “#NewsFlash | […]

Mar 23, 2023

Layoffs

‘Please resign’: Zuckerberg’s email, asks an employee to resign

An old email from Meta CEO Mark Zuckerberg wrote on September 22, 2010, in which he is asking a Facebook employee to “please resign” came out in public for the first time on Tuesday. The email was shared by Internal Tech Emails on Twitter. The email read, “Lots of you saw the TechCrunch story over […]

Mar 23, 2023

Layoffs

Amazon employee disappointed ‘my first job ended so soon’

The year 2023 started on a layoff note many Tech companies have sacked lakhs of employees. So far in 2023, there have been 668 layoffs at tech companies with 184,850 people impacted (2,311 people per day). Amazon has recently announced the second round of layoffs. Amazon sacked 27,000 employees in the last three months. Recently, the company announced to layoff of 9000 […]

Mar 21, 2023

Layoffs

Amazon second round of layoffs to sack 9,000 employees

An American technology company, Amazon has said that the company is sacking 9,000 more employees in the next few weeks. The employees mostly in AWS, advertising, and Twitch will be impacted by the layoffs. Amazon CEO Andy Jassy shared the information in a blog post. The impacted employees will be provided packages that include a […]

Mar 21, 2023

Layoffs

LivSpace home decor brand announces massive job cuts

Home renovation and interior platform Livspace is laying off employees as part of a cost-cutting exercise due to the ongoing funding winter. According to reports, Livspace has sacked at least 100 employees from across several teams. The layoffs have impacted 2 percent of the workforce from the product, engineering, content, and marketing teams of the […]

Mar 20, 2023