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: Mar 2023
Silicon Valley Bank’s nearly 800 Indian employees face uncertainty
Industry

Silicon Valley Bank’s nearly 800 Indian employees face uncertainty

The Silicon Valley Bank collapsed recently last week. Post this, the regulators took control of Silicon Valley Bank. This is a key lender to startups across the US since the 1980s. On Sunday, US authorities unveiled sweeping measures to rescue depositors’ money at the failed SVB. Due to this, nearly 800 employees working at Silicon […]

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Microsoft India laid off employee says challenging time for family
Layoffs

Microsoft India laid off employee says challenging time for family

Recently, according to several reports Tech giant, Microsoft has announced a third round of layoffs. The roles that are impacted in this round of layoffs are Supply Chain, Artificial Intelligence (AI), and the Internet of Things (IoT). The reports suggest that the company has shut down its AI-powered automation effort Project Bonsai and laid off the team. […]

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Amazon India employee loses job after 6 months of joining
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Amazon India employee loses job after 6 months of joining

In an American multinational technology company, an Amazon India employee lost his job just after 6 months after joining the company. Amit Kore was working with Amazon India as an SDE. He joined the company in August 2022. Recently in January, Amazon planned to layoff 18,000 employees globally. Amit Kore shared a LinkedIn post, “I wanted […]

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Microsoft 3rd layoff round hits employees 10,000 jobs affected
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Microsoft 3rd layoff round hits employees 10,000 jobs affected

According to several reposts, an American multinational technology corporation, Microsoft has conducted a third round of layoffs. The roles that have been impacted include the areas of the supply chain, Artificial Intelligence (AI), and the Internet of Things (IoT). The reports suggest that the company has shut down its AI-powered automation effort Project Bonsai and […]

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No mass layoffs 2023 at Adobe says its CPO
Industry

No mass layoffs 2023 at Adobe says its CPO

An American multinational computer software company, Adobe Chief People Officer Gloria Chen has said that there will be no mass layoffs in 2023. In an interview Chief People Officer Gloria Chen said, “We are committed to not having company-wide layoffs.” “Adobe is not doing company-wide layoffs and we are still hiring for critical roles,” the […]

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Zerodha CTO “basic human decency” is required to retain employees
Industry

Zerodha CTO “basic human decency” is required to retain employees

An Indian financial services company, Zerodha CTO Kailash Nadh has said that it is Human Decency, no other formula is required to retain employees. Zerodha has retained in its employees its tech team. The company had 33 employees and only two employees have resigned from the organization in the past decade. During the Moneycontrol’s India […]

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upGrad, Google & Atlassian to layoff thousands of employees
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upGrad, Google & Atlassian to layoff thousands of employees

The year 2023 is the year of Layoff. In the next round of layoffs soon upGrad, Google, and Atlassian will sack thousands of employees. Atlassian Layoff An Australian software company, Atlassian announces layoffs of 500 employees as a cost-cutting measure. Co-founders billionaire Mike Cannon-Brookes and Scott Farquhar wrote to employees that the company has to […]

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Sacked Twitter employee asks his job status, Elon Musk laughs
Industry

Sacked Twitter employee asks his job status, Elon Musk laughs

The social media company based in San Francisco, Twitter CEO Elon Musk laughed at an employee who was laid off by the company and was unaware of his working status. Tagging Elon Musk in his post, an ex-Twitter employee named Haraldur Thorleifsson wrote, “Dear @elonmusk 9 days ago the access to my work computer was cut, along with […]

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Meta to sack thousands of employees in second round of layoffs
Layoffs

Meta to sack thousands of employees in second round of layoffs

According to the reports, Meta (formerly named Facebook) has asked its Directors and Vice Presidents to list the names of the employees that can be let go in this round of layoffs. This will be a second round of layoffs. Earlier, The company reportedly conducted ‘quiet layoffs‘ at Facebook 11,000 or about 13 percent of its […]

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Twitter employee who got fired sleeping in office breaks silence
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Twitter employee who got fired sleeping in office breaks silence

Earlier in November 2022, A Viral picture was shared of Twitter employee director of product management Esther Crawford who was seen sleeping on the office floor after working overtime in order to meet the stringent deadline. However, she was fired in a fresh round of layoffs last week. The employee Esther Crawford now breaks the silence over […]

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Zoom fires its President ‘without cause’
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Zoom fires its President ‘without cause’

A communications technology company, Zoom has fired its President Greg Tomb ‘without cause’. However, the company has not shared the reason for the termination. According to reports, Greg Tomb will be entitled to severance benefits that are payable upon a “termination without cause.” Greg Tomb was appointed as President of Zoom in June 2022. Prior to Zoom, […]

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Google layoff experience: Logged out at 11 pm, and received termination mail at 2 am
Industry

Google layoff experience: Logged out at 11 pm, and received termination mail at 2 am

An American multinational technology company, recently Google laid off 453 employees from various departments in India. In January, Google parent Alphabet announced to sack 12,000 employees globally. However, Google’s CEO took responsibility for the layoffs. Post the layoff announcement by the company employees have shared their experiences. Vishal Arora was working with google as Head of Engineering, Platform Services, […]

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