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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 2024
Kissflow to lays off - employees
Layoffs

Kissflow to lays off - employees

Jun 10, 2024

An Employee Feels Survivorship Guilt After Team was laid off

In a recent Reddit post, an employee shared his emotions following his companys mass layoff o...

Layoffs
Jun 7, 2024
An Employee Feels Survivorship Guilt After Team was laid off

Google Microsoft to lay off hundreds of roles Report

According to several media reports the top two leading IT firms Google and Microsoft lay off hundred...

Layoffs
Jun 4, 2024
Google Microsoft to lay off hundreds of roles Report

Ola Electric Cuts Jobs for Cost Reduction

According to Economic Times, Ola Electric is preparing to downsize its workforce by approximately ...

Layoffs
Jun 3, 2024
Ola Electric Cuts Jobs for Cost Reduction
Paytm plans to cut 5,000-6,300 jobs amid the crisis
Layoffs

Paytm plans to cut 5,000-6,300 jobs amid the crisis

A multinational financial technology company, Paytm plans to cut 5,000-6,300 jobs amid the crisis. The company may cut around 15-20 percent of its workforce. In recent years, employee costs have increased due to investments primarily in technology, merchant sales, and financial services. For the coming year, while Paytm continues to invest in the merchant sales team […]

May 25, 2024
Infosys plans to avoid any job cuts & retain its talent pool
Industry

Infosys plans to avoid any job cuts & retain its talent pool

An Indian multinational information technology company, Infosys stands apart from industry trends triggered by GenAI, refraining from job reduction or any form of job cuts seen elsewhere. The company maintains a steadfast commitment to its workforce, ensuring stability amidst technological shifts. This strategic approach underscores Infosys’ resilience and dedication to fostering a supportive environment amid […]

May 24, 2024
Ex-Infosys Employee Claims Unfair Layoffs in Viral Post
Layoffs

Ex-Infosys Employee Claims Unfair Layoffs in Viral Post

A former employee of Infosys, an Indian multinational IT company, shared a LinkedIn post from Kumar Shubham, who worked as a Senior System Engineer. In his LinkedIn post, Kumar Shubham alleged that Infosys has engaged in unfair layoffs. This post has since gone viral, sparking a wide array of reactions from the online community. Many […]

May 17, 2024
Walmart to Cut Hundreds of Corporate Jobs, Relocate Some
Layoffs

Walmart to Cut Hundreds of Corporate Jobs, Relocate Some

According to WSJ, Walmart is undergoing a significant restructuring, with plans to slash hundreds of corporate positions while urging many remote employees to transition back to office settings. Specifically, employees based in smaller offices located in Dallas, Atlanta, and Toronto are being directed to relocate to larger central hubs, including Walmart’s corporate headquarters in Bentonville, […]

May 14, 2024
Cognizant Warns Employees: Defy Work From Office, Face Layoffs
Work Model

Cognizant Warns Employees: Defy Work From Office, Face Layoffs

According to Mint, an American multinational information technology services and consulting company, Cognizant has cautioned its employees that failure to comply with the directives to return to the office, despite multiple reminders, may result in termination. A letter to employees read, “Please note that failure to adhere to the directions will amount to serious misconduct as […]

May 14, 2024
Indeed to layoff 1,000 employees, 8% of the workforce: CEO
Layoffs

Indeed to layoff 1,000 employees, 8% of the workforce: CEO

Career website, Indeed plans to layoff approximately 1,000 employees, constituting around 8% of its workforce to streamline its organizational structure. Layoffs target specific departments, primarily R&D and Go-to-Market teams, with a heavier impact in the U.S. The restructuring spares certain groups and regions but signals a strategic shift. Indeed CEO Chris Hyams underscores the targeted […]

May 14, 2024
TCS Employee Alleges Suspension for Reporting Security Breach
Social Media

TCS Employee Alleges Suspension for Reporting Security Breach

A global leader in IT services, consulting, and business solutions company, Tata Consultancy Services (TCS) has allegedly suspended an employee after reporting a security incident. This incident was shared on the social media platform Reddit. In a post on a social media platform, the user said, “I got suspended from tcs today because of a […]

May 9, 2024
Air India Express sacks 30 employees after mass sick leave
Industry

Air India Express sacks 30 employees after mass sick leave

Air India Express has terminated nearly 25-30 employees after mass sick leave. Moreover, the remaining employees were given an ultimatum to join duty by 4 pm today. The termination letters issued read, “An overwhelming number of other cabin crew members have also reported sick and not reported for their duties. This clearly points to a […]

May 9, 2024
Luminar to cut nearly 20% jobs in the current year
Layoffs

Luminar to cut nearly 20% jobs in the current year

Luminar Technologies, known for its lidar sensors crucial for autonomous vehicles, has announced a significant workforce reduction of approximately 20%. Luminar Technologies is marking a pivotal aspect of its restructuring strategy for the current year. The company is undergoing a comprehensive reorganization effort. In addition to the workforce reduction, Luminar is actively exploring the option […]

May 4, 2024
Ola Cab CEO Hemant Bakshi resigns; Company plans 200 job cuts
Layoffs

Ola Cab CEO Hemant Bakshi resigns; Company plans 200 job cuts

Hemant Bakshi, who served as CEO of Ola Cabs has resigned from his services. He joined the company 4 months back in January 2024. As per the media reports, Bhavesh Aggarwal will assume responsibility for day-to-day operations, with a new appointment on the horizon to fill Bakshi’s position. His departure coincides with the company’s announcement […]

Apr 30, 2024
Healthify is reducing its workforce by 27%
Layoffs

Healthify is reducing its workforce by 27%

According to Inc 42, the World’s Largest AI Health & Fitness App, Healthify is slashing its workforce by 27% or nearly 150 employees. However, Healthify is committed to ensuring that those impacted by the restructuring are provided with the necessary resources and assistance to navigate this period of change with confidence and stability. During this […]

Apr 29, 2024
Whirlpool to cut 1000 jobs worldwide in restructuring move
Layoffs

Whirlpool to cut 1000 jobs worldwide in restructuring move

A leading kitchen and laundry appliance company, Whirlpool is planning to cut 1000 jobs worldwide in a restructuring move. According to Reuters, The company announced initial job cuts in March and anticipates implementing a second wave of reductions by early May. Whirlpool aims to trim up to $400 million in costs this year, the Wall […]

Apr 26, 2024