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: Aug 2023

Layoffs

Amazon employee sacked after yrs being part of layoff isnt easy

Aug 14, 2023

Mark Zuckerberg, wife Priscilla Chan layoff nearly workers

The Founder and CEO of Meta Mark Zuckerberg and his wife Priscilla Chan have reportedly laid off ...

Layoffs

Aug 12, 2023

Mark Zuckerberg, wife Priscilla Chan layoff nearly workers

Mobile Premier League MPL layoffs nearly of its workforce

One of the largest players in the fantasy gaming business, Mobile Premier League MPL layoffs e...

Layoffs

Aug 9, 2023

Dell Technologies plans to lay off sales team employees

An American multinational technology company,nbspDell Technologies will sack its employees in the ...

Layoffs

Aug 8, 2023

Layoffs

Bengaluru-based startup fired employees helping find new jobs

Sambhav Jain and Kush Taneja, co-founders of Bengaluru-based startup fintech app Farm has announced the layoff of 18 employees. Sambhav Jain shared a Tweet from his official handle with the information about the layoff. The company has asked recruiters to get in touch for the relevant profiles and referrals. Sambhav Jain Tweet said, “One of the […]

Aug 3, 2023

Layoffs

Spinny used car retailer to cuts jobs to boost profitability

A new-age used car end-to-end platform in India, Spinny will cut around 300 jobs in order to boost profitability. Spinny has about 6,000-6,200 employees and the sackings affect 5 percent of the workforce. The company is currently operating in Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Kolkata, Chennai, Ahmedabad, Jaipur, Chandigarh, Indore, Coimbatore, Lucknow, Kochi and Surat. […]

Aug 3, 2023

Layoffs

Layoffs in July 2023 include toxic culture, breach of ethical code…

The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day). In July 2023 14,392 people lost their jobs. In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that […]

Aug 2, 2023

Layoffs

Ericsson and Accenture to slash 750 and 890 jobs respectively

The two major employers, Ericsson is to cut 750 of its US jobs & Accenture plans to cut 890 jobs from its Irish operations. Ericsson makes a cost-cutting move: 750 US jobs 5G equipment supplier Ericsson said it would cut 750 employees from its North American business as it shutters its field services operation. In […]

Aug 1, 2023

Work Model

Citigroup is monitoring WFO, low attendance may lead to losing job

An American multinational investment bank and financial services corporation, Citigroup UK to start monitoring employees’ office attendance. Citigroup will now focus on employees those who are taking advantage of hybrid work. Additionally, it will check the employees who have repeatedly avoided coming into the office without reason. According to Business Insider, the attendance of the employees […]

Aug 1, 2023

Work Model

Wipro’s Capco India Sends Employees on Garden Leaves

Capco India, a subsidiary of Wipro Limited has sent some of its employees on Garden Leave, handing over 2 to 3 months’ pay. What Is Garden Leave? A garden leave refers to the period during which an employee stays away from the workplace, or works remotely during the notice period. The employee remains on the payroll […]

Jul 27, 2023

Layoffs

Flipkart owned Myntra to layoff employees amid restructuring

India’s leading e-commerce company, Flipkart-owned Myntra will layoff employees amid restructuring. Additionally, it is expected that the e-commerce company is likely to eliminate about 50 roles across the organization. “In our endeavor to cater to the ever-evolving needs of our customers, new developments, and technology innovations, we recalibrate our business priorities and review our organizational structure […]

Jul 26, 2023

Layoffs

Overestimation of demand led to post-COVID job cuts: Minister

In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated, “If we look at the tech space, layoffs occurred post-Covid. It happened to companies like Google, Microsoft, Meta, and even smaller startups. When the world was emerging from Covid, everyone […]

Jul 25, 2023

Social Media

My boss revoked my Work From Home day and threatens to fire

Work from home continues to gain popularity and can be a beneficial arrangement for both employers and employees. Recently, a Reddit user shared a story claiming “My boss revoked my work from home day and told me to hurry up and find a new job”. An employee said in a post, “So I came back to the […]

Jul 25, 2023

Social Media

Woman lost job to ChatGPT, starts selling water at grocery stores

Emily Hanley lost her job due to ChatGPT. In order to her survival, she started selling water at grocery stores. According to Business Insider, Emily Hanley-a freelance writer said, “For the past several years I worked as a full-time freelance copywriter; I’d work on webpages, branded blogs, online articles, social-media captions, and email marketing campaigns.” “I […]

Jul 22, 2023

Social Media

Company sacks ‘Top Performer’ to set an example for others

Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which gained significant attention and criticism. According to the user, the company fired one of its most accomplished employees. The post said, “Honestly, a lot of things have been going down at […]

Jul 21, 2023

Layoffs

Over 3 Lakhs employees (1,600 people per day) laid off in 2023

The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]

Jul 20, 2023