SightsIn Plus Logo

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: Feb 2025
EY Announces Job Cuts Amid Targeted Restructuring Efforts
Layoffs

EY Announces Job Cuts Amid Targeted Restructuring Efforts

Feb 27, 2025

Starbucks Announces Layoffs of , Corporate Employees

In a significant move to streamline operations, Starbucks has announced the layoff of , corporat...

Layoffs
Feb 25, 2025
Starbucks Announces Layoffs of , Corporate Employees

DBS to Cut , Jobs Over Three Years Amid AI Integration

DBS Group has announced plans to reduce its workforce by , employees over the next three years. ...

Layoffs
Feb 25, 2025
DBS to Cut , Jobs Over Three Years Amid AI Integration

Meta Faces Backlash Over Layoffs and Executive Pay Hikes

Meta, the parent company of Facebook, Instagram, and WhatsApp, recently laid off , employees, on...

Compensation
Feb 24, 2025
Meta Faces Backlash Over Layoffs and Executive Pay Hikes
US Embassies Worldwide to Face Major Staff Reductions
Layoffs

US Embassies Worldwide to Face Major Staff Reductions

President Donald Trump’s administration has directed U.S. embassies worldwide to prepare for substantial staff reductions. This directive is part of the administration’s broader “America First” agenda, which seeks to realign diplomatic activities with Trump’s foreign policy objectives. US Embassies Staff Reductions: Executive Order and Impact On February 12, 2025, President Trump signed an executive order. […]

Feb 14, 2025
JPMorgan Chase Initiates Layoffs Amidst Record Profits
Layoffs

JPMorgan Chase Initiates Layoffs Amidst Record Profits

JPMorgan Chase, one of the largest banking institutions in the United States, has initiated a series of planned layoffs for 2025. The bank started informing some employees of job cuts last week, with fewer than 1,000 employees expected to be laid off in February. This move is part of a broader restructuring effort aimed at […]

Feb 13, 2025
Meta Layoffs: Performance-Based Cuts Impact Global Workforce
Layoffs

Meta Layoffs: Performance-Based Cuts Impact Global Workforce

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has announced a significant round of layoffs, targeting approximately 5% of its workforce. This decision, led by CEO Mark Zuckerberg, is part of a broader strategy to improve efficiency and performance within the company. The layoffs are expected to affect around 3,600 employees globally. Meta […]

Feb 11, 2025
Intel Layoffs Deepen as Global Workforce Drops by 23,000
Layoffs

Intel Layoffs Deepen as Global Workforce Drops by 23,000

Intel, the semiconductor giant, has been undergoing significant workforce reductions as part of its cost-cutting measures. Over the past two years, the company has seen its global workforce shrink by a staggering 23,000 positions, far exceeding initial layoff projections. Intel Layoffs: Background, Financial Struggles, CEO Departure Intel’s layoffs began in earnest in 2022, with the […]

Feb 10, 2025
Infosys Layoffs: 400 Trainees Forced to Leave Mysuru Campus
Layoffs

Infosys Layoffs: 400 Trainees Forced to Leave Mysuru Campus

Infosys, one of India’s leading IT companies, has recently terminated around 400 trainees at its Mysuru campus. The decision has sparked outrage among employees and labor rights organizations, who claim that the terminations were unjust and forceful. The trainees were onboarded in October 2024 after a two-and-a-half-year-long wait due to a macroeconomic slowdown that led […]

Feb 7, 2025
Workday to Cut 8.5% of Workforce in Strategic Restructuring
Layoffs

Workday to Cut 8.5% of Workforce in Strategic Restructuring

Workday, a leading human capital management firm, has announced plans to cut approximately 1,750 jobs, which accounts for 8.5% of its workforce. This decision is part of the company’s strategy to invest heavily in artificial intelligence (AI) and adapt to the current economic climate. The decision comes at a time when the human capital management […]

Feb 6, 2025
Salesforce to Cut Over 1,000 Jobs Amid AI Expansion
Layoffs

Salesforce to Cut Over 1,000 Jobs Amid AI Expansion

Salesforce, the renowned customer relationship management (CRM) platform, is set to reduce its workforce by more than 1,000 roles as part of a strategic restructuring initiative. This decision comes alongside the company’s ongoing efforts to bolster its sales force for new artificial intelligence (AI) products, signaling a significant shift in its operational focus. Context of […]

Feb 4, 2025
NVIDIA Layoffs Spark Debate Over Innovation and Job Security
Layoffs

NVIDIA Layoffs Spark Debate Over Innovation and Job Security

In a surprising move, NVIDIA has announced layoffs of employees who were instrumental in developing an innovation that allows AI models to use only 1/6 of the GPU. The decision, reportedly taken by NVIDIA CEO Jensen Huang, has sent shockwaves through the tech industry. Nvidia CEO’s Decision: Layoffs and Innovation NVIDIA recently announced layoffs targeting […]

Jan 29, 2025
Focus Edumatics Employees Protest Mass Layoffs Without Notice
Layoffs

Focus Edumatics Employees Protest Mass Layoffs Without Notice

In a shocking turn of events, Focus Edumatics, a US-based education firm operating in Coimbatore, has laid off hundreds of employees without prior notice. The abrupt termination has led to widespread protests by the affected employees, who gathered outside the labour office demanding justice and resolution of their pending payments. The incident has raised questions […]

Jan 29, 2025
Sportswear Giants Adidas and Puma Plan Workforce Reductions
Layoffs

Sportswear Giants Adidas and Puma Plan Workforce Reductions

Adidas has announced plans to cut up to 500 jobs at its headquarters in Herzogenaurach, Germany. This decision comes despite the company posting better-than-expected profits for the holiday quarter of 2024. The layoffs are part of a broader strategy to decentralize the company and adapt to the rapidly changing business environment. Adidas: Job Cuts and […]

Jan 27, 2025
Stripe Lays Off 300 Employees, Eyes 17% Workforce Increase by 2025
Layoffs

Stripe Lays Off 300 Employees, Eyes 17% Workforce Increase by 2025

Stripe, the leading fintech company specializing in payment processing for online businesses, has announced a reduction of its workforce by 300 employees. The layoffs, which primarily affected roles in product, engineering, and operations, were part of an organizational review aimed at ensuring the right talent is in place to achieve the company’s objectives. Stripe: Organizational […]

Jan 23, 2025
Top 5 IT Firms Report Job Cuts in Q3FY25 After Hiring Surge
Layoffs

Top 5 IT Firms Report Job Cuts in Q3FY25 After Hiring Surge

India’s top five IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra—reported job cuts of 2,587 employees in the third quarter of FY25 (Q3FY25), reflecting a seasonal slowdown typical for the industry. This comes after a strong hiring boost in the previous quarter, suggesting a cautious recovery after the challenges of the […]

Jan 20, 2025