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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: Jun 2022
Info Edge-backed startup Udayy shuts down, lays off all employees
Industry

Info Edge-backed startup Udayy shuts down, lays off all employees

Jun 2, 2022

Indiabulls social commerce app Yaari layoffs of staff

Indiabulls owned social commerce application, Yaari has laid off employees which is nearly o...

Industry
Jun 1, 2022
Indiabulls social commerce app Yaari layoffs of staff

Cars lays off employees on basis of poor performance

The pre-owned e-commerce platform,nbspCARSnbsphas announced that the company is laying off aro...

Industry
May 20, 2022
Cars lays off employees on basis of poor performance

Twitter CEO says two leaders to depart, hiring paused amid Musk takeover

Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social med...

Industry
May 13, 2022
Twitter CEO says two leaders to depart, hiring paused amid Musk takeover
Henkel is slashing 2,000 jobs due to rising costs and low demand
Industry

Henkel is slashing 2,000 jobs due to rising costs and low demand

Germany’s Henkel is slashing 2,000 jobs in response to rising costs and low demand for its shampoos and hair sprays and aims to make 500 million euros ($530 million) in gross savings in the medium-term from the merger of its cosmetics and detergents units. The job cut and savings targets, announced on Thursday, illustrate the […]

May 7, 2022
All units of TS Textile Park shut, nearly 1000 people to lose jobs
Industry

All units of TS Textile Park shut, nearly 1000 people to lose jobs

The owners of these units have faced a heavy financial crunch so they had to close the units shut shop total of the 117-odd units, around 50 units were closed earlier and the remaining were shut on Sunday. With the closure of all the units, the Sircilla Textile Park wore a deserted look. The worst fears […]

May 3, 2022
Robinhood to lay off 9% of full-time employees
Industry

Robinhood to lay off 9% of full-time employees

The U.S. financial services company Robinhood Markets Inc. declared that it would be laying off about 9% of its full-time employees by removing the duplicate jobs it had added when the company saw excitable growth during the COVID-19 pandemic in 2020. Robinhood CEO Vlad Tenev announced on Tuesday that the financial services company would lay off about 9% of its […]

Apr 28, 2022
Musk acquired Twitter: employees fear layoffs and future
Industry

Musk acquired Twitter: employees fear layoffs and future

Elon Musk takes over Twitter, one of the most popular social media platforms in the world, for a whopping $44-billion cash deal. The 16-year-old company will be a private entity and wholly owned by the celebrity CEO of Tesla after the deal is complete. Twitter Inc. employees reacted on the takeover with a mix of enthusiasm, fear, […]

Apr 27, 2022
Thousands of layoffs are planned as part of Novartis restructuring
Industry

Thousands of layoffs are planned as part of Novartis restructuring

Novartis AG has confirmed that it would cut jobs as part of a wide-ranging restructuring aimed at saving $1 billion by 2024. The Swiss healthcare company said that it would integrate its pharmaceuticals and oncology units into two medicines units–one for the U.S. and one that focuses on the international market. “These efficiencies will come […]

Apr 13, 2022
Meesho lays off 150 employees from the grocery business
Jobs

Meesho lays off 150 employees from the grocery business

According to an ET report, e-commerce startup Meesho has laid off 150 people from its grocery business. The positions were axed after the company restructured and rebranded as Meesho Superstore from Farmiso earlier. Last week of this month, the company announced its plans to merge the grocery business with the main app, leading the talks of restructuring […]

Apr 13, 2022
Unacademy lays off 600 employees as part of a cost-cutting measure
Industry

Unacademy lays off 600 employees as part of a cost-cutting measure

Edtech unicorn Unacademy, which recently launched an experience centre- Unacademy Store, has laid off nearly 600 employees, almost 10% of its workforce. The SoftBank-backed start-up employs over 6,000 people, and this firing is said to be a cost-cutting measure. Sources familiar with the development said nearly half of the employees fired were educators, and they were […]

Apr 8, 2022
Furlenco lays off 180 employees, shuts operations in some cities: Report
Industry

Furlenco lays off 180 employees, shuts operations in some cities: Report

Furlenco, the furniture rental startup has reportedly laid off between 180-200 employees involved in customer grievance redressal, scheduling, and other similar customer support functions. According to media reports, these layoffs come amidst an attempt to scale down operations, with operations in metro and non-metro cities like Ahmedabad, Kolkata, and Pune to be reduced soon. The […]

Mar 29, 2022
P&O Ferries UK shipping firm fires 800 people over 3 mints video message
Industry

P&O Ferries UK shipping firm fires 800 people over 3 mints video message

P&O Ferries, UK’s leading ferry company, has fired its 800 employees with immediate effect. This sudden mass layoff is similar to what Vishal Garg did at Better.com inviting a lot of criticism on social media. The termination took place through a three-minute pre-recorded video that was leaked on the internet. This brought chaos to some […]

Mar 22, 2022
Vishal Garg CEO of Better.com who fired 900 on Zoom call takes time off
Industry

Vishal Garg CEO of Better.com who fired 900 on Zoom call takes time off

Vishal Garg, the Indian-origin CEO of US-based homeownership firm Better.com, who recently laid off 900 employees over a Zoom call and triggered widespread outrage, is taking time off from the company as it looks to build a “positive culture”, according to media reports. Garg’s leave is also effective immediately, according to a Friday email from […]

Dec 11, 2021
Dropbox to layoff 11% of workforce, COO to step down
Jobs

Dropbox to layoff 11% of workforce, COO to step down

Dropbox to layoff 11% of workforce, COO to step down Dropbox Inc on Wednesday announced the exit of operations chief and said it will cut 11% of its global workforce, or 315 people, as the file hosting service provider shifts business resources in the wake of the COVID-19 pandemic. Shares fell nearly 6% to $22.26 after Dropbox […]

Jan 14, 2021
Mahindra to shut Pininfarina Engineering, employees to go on strike
Jobs

Mahindra to shut Pininfarina Engineering, employees to go on strike

Mahindra to shut Pininfarina Engineering, employees to go on strike Automobile giant Mahindra Corp has decided to liquidate its Italian subsidiary Pininfarina Engineering in order to cover up for the losses faced during the pandemic and this has left the 135 employees of Pininfarina in a fix. Pininfarina Engineering offered a variety of work package […]

Dec 15, 2020