Layoffs: HR News, Trends & Workplace Insights

Latest Layoffs HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Layoffs.

Updated on: Mar 2023

Layoffs

McKinsey Company to slash , jobs this week

Mar 29, 2023

Employee sacked for reheating food in the companys microwave

The year started on a layoff note. So far innbsp, there have beennbspnbsplayoffs a...

Layoffs

Mar 28, 2023

Employee sacked for reheating food in the companys microwave

GitHub sacks entire engineering team in India

Microsoft-owned, AI-powered developer platform GitHub has sacked its entire engineering team operati...

Layoffs

Mar 28, 2023

GitHub sacks entire engineering team in India

Flipkarts 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 ...

Industry

Mar 27, 2023

Layoffs

IT services companies plan to cut 5% of the BFSI workforce

The US and European banks are currently facing a financial crisis. This will adversely affect India’s many IT services companies including Tata Consultancy Services (TCS), Wipro, HCL, and Infosys. The reports suggested that the regional banks in the US account for 2-3 percent of their total revenue. However, TCS, Infosys, and Mindtree may have an exposure of 10-20 basis […]

Mar 25, 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

Amazon posted nearly 25000 openings for 7798 approved positions

According to Insider reports, Amazon team of the Web Services Department (AWS) had posted 24,988 open positions, but only 7,798 of those positions were approved to be filled. The company posted over three times the number of job openings approved in 2022. This indicates Amazon’s over-hiring employees and the error has ever caused mass layoffs within […]

Mar 24, 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

Industry

Google employees demand these 5 things from CEO Sundar Pichai

Recently in January, Google parent Alphabet announced to sack 12,000 employees nearly 6% of the workforce. However, The company CEO took responsibility for the layoffs. As per the recent updates of CNBC reports, The former Google employees that were laid off on their medical or maternity leave have said that Google might not be willing to pay […]

Mar 20, 2023

Layoffs

Wipro sacks 120 people in US over realignment of business needs

An Indian multinational corporation, Wipro has sacked 120 employees in the US over ‘realignment of business needs’. According to reports, Due to the layoffs, more than 100 of the impacted employees are from the processing agents. The remaining sacked employees are from the team leaders and team managers. These impacted employees are from the Tampa […]

Mar 20, 2023

Layoffs

Meta sacks women who are on maternity leave: ‘This ending sucks’

Meta owning Facebook, Instagram, and WhatsApp recently announced plans to cut 10,000 jobs. It was the second wave of mass reduction from the tech company. The company earlier laid off 11,000 employees last November. As the company announced the layoff now employees have been sharing their experiences with layoffs. Recently two pregnant female employees shared their […]

Mar 17, 2023