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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: Feb 2025
Infosys Layoffs Trainees Forced to Leave Mysuru Campus
Layoffs

Infosys Layoffs Trainees Forced to Leave Mysuru Campus

Feb 7, 2025

Workday to Cut . of Workforce in Strategic Restructuring

Workday, a leading human capital management firm, has announced plans to cut approximately , job...

Layoffs
Feb 6, 2025
Workday to Cut . of Workforce in Strategic Restructuring

Salesforce to Cut Over , Jobs Amid AI Expansion

Salesforce, the renowned customer relationship management CRM platform, is set to reduce its workf...

Layoffs
Feb 4, 2025
Salesforce to Cut Over , Jobs Amid AI Expansion

NVIDIA Layoffs Spark Debate Over Innovation and Job Security

In a surprising move, NVIDIA has announced layoffs of employees who were instrumental in developing ...

Layoffs
Jan 29, 2025
NVIDIA Layoffs Spark Debate Over Innovation and Job Security
Focus Edumatics Employees Protest Mass Layoffs Without Notice
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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
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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
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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
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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
BP Announces Major Job Cuts in Global Cost-Saving Drive
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BP Announces Major Job Cuts in Global Cost-Saving Drive

U.K.-based oil giant BP has announced a reduction in its workforce, with plans to cut 4,700 jobs worldwide and an additional 3,000 contractor roles. This move is part of a broader cost-saving initiative aimed at improving the company’s financial health and competitiveness. Layoffs at BP: Financial Context The job cuts represent just over 5% of […]

Jan 18, 2025
Microsoft Halts Hiring in Consulting Division to Manage Expenses
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Microsoft Halts Hiring in Consulting Division to Manage Expenses

Microsoft has announced a halt in hiring within its US consulting unit as part of a broader cost-cutting initiative, according to a report by CNBC. This decision comes amidst the company’s ongoing efforts to manage expenses while continuing to invest heavily in artificial intelligence (AI) and cloud-based applications. Microsoft US Consulting Division: Cost-Cutting Measures Earlier […]

Jan 15, 2025
ShareChat Faces Another Round of Layoff: 5% Workforce Reduced
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ShareChat Faces Another Round of Layoff: 5% Workforce Reduced

ShareChat, the Indian social media platform backed by Google and Temasek, has announced its fourth round of layoffs in the past two years. The company plans to lay off approximately 5% of its workforce, impacting around 20-30 employees across various departments. This decision follows an annual performance review and is part of an ongoing cost-cutting […]

Jan 15, 2025
TaskUs Abruptly Terminates 300 Employees Amid Fraud Allegations
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TaskUs Abruptly Terminates 300 Employees Amid Fraud Allegations

Indore-based TaskUs, a leading business process outsourcing (BPO) and digital transformation services provider, has sparked widespread outrage after abruptly terminating over 300 employees without prior notice. The sudden layoffs have led to protests outside the company’s office, with employees alleging mistreatment and unfair termination. TaskUs Layoffs and Employee Protests The terminations were reportedly carried out […]

Jan 14, 2025
Wall Street Prepares for 200,000 Job Cuts as AI Takes Over
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Wall Street Prepares for 200,000 Job Cuts as AI Takes Over

Wall Street is bracing for a significant upheaval as artificial intelligence (AI) continues to advance, with major banks expected to cut up to 200,000 jobs over the next three to five years. This shift is driven by AI’s ability to perform tasks traditionally carried out by human workers more efficiently and accurately. Impact of AI […]

Jan 10, 2025
Silent Firing Rises as Companies Embrace Technological Advances
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Silent Firing Rises as Companies Embrace Technological Advances

A recent report by Genius Consultants, a staffing solutions and HR services provider, has highlighted a concerning trend in the corporate world: the rise of “silent firing.” This strategy, where companies indirectly push employees to leave their roles without formal layoffs, has become increasingly common as technological advancements accelerate. Silent Firing: Impact of Technology on […]

Jan 2, 2025
BSNL Plans Second VRS to Reduce Workforce by 35%
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BSNL Plans Second VRS to Reduce Workforce by 35%

Department of Telecommunications (DoT) is preparing to seek approval from the finance ministry for a second voluntary retirement scheme (VRS) at Bharat Sanchar Nigam Limited (BSNL). This move is part of an effort to reduce BSNL’s workforce by 35%, aiming to improve the company’s financial situation. The state-owned telecom operator has requested Rs 15,000 crore […]

Dec 28, 2024
Big 4 Giants Deloitte & EY Lay Off Employees Amid Challenges
Industry

Big 4 Giants Deloitte & EY Lay Off Employees Amid Challenges

Deloitte and EY, two leading consulting firms, are reducing employees and restructuring operations as weakened demand for advisory services reflects broader economic uncertainty. Workforce Reductions Amid Declining Demand Deloitte and EY, two of the largest professional services firms, are cutting jobs as demand for consulting and advisory services declines. Deloitte recently laid off 250 UK-based […]

Dec 27, 2024