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: Jul 2023

Work Model

Wipros Capco India Sends Employees on Garden Leaves

Jul 27, 2023

Flipkart owned Myntra to layoff employees amid restructuring

Indias leading e-commerce company, Flipkart-owned Myntra will layoff employees amid restructuring. ...

Layoffs

Jul 26, 2023

Flipkart owned Myntra to layoff employees amid restructuring

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...

Layoffs

Jul 25, 2023

Overestimation of demand led to post-COVID job cuts Minister

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 a...

Social Media

Jul 25, 2023

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

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

Layoffs

Dukaan 90% of customer support staff replaced with AI chatbot

A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]

Jul 12, 2023

Layoffs

Microsoft laid off 276 employees in new job cut round

An American multinational technology corporation, Microsoft has recently laid off 276 employees in a new job cut round. A Microsoft spokesperson stated, “Organisational and workforce adjustments are a necessary and regular part of managing our business.” “We will continue to prioritize and invest in strategic growth areas for our future and in support of our […]

Jul 11, 2023

Survey & Report

Almost 50% of employees in India feel insecure in their jobs

The year 2023 started on a layoff note so far in 2023, there have been 1,206 layoffs at tech companies with 315,916 employees impacted (1,672 people per day). In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly […]

Jul 8, 2023

Layoffs

Tata Steel sacks 35 employees for breach of ethical code

An Indian multinational steel-making company, Tata Steel has sacked 35 employees for breach of the ethical code according to TOI reports. Tata Steel chairman N Chandrasekaran said, “The company has made significant acquisitions in the last few years and initiated a drive for an open culture.” “Employee can express his or her concerns. It could […]

Jul 6, 2023

Industry

PwC Australia sacks eight partners over tax leak scandal

According to Reuters, PwC Australia has fired eight partners as part of an internal investigation into the leak of confidential government tax plans by another former partner, the firm said on Monday. The eight partners, who have left or are in the process of leaving, include former CEO Tom Seymour, who resigned in May after admitting he […]

Jul 4, 2023

Layoffs

KPMG laid off 2,000 US workforce; Deutsche Bank to cut 1700 jobs

2023 is the year of layoffs, top leading companies have been laying off thousands of employees. Recently, KPMG has laid off 2,000 US workforce and Deutsche Bank to reduce 1700 jobs. KPMG has laid off 2,000 jobs One of the Big Four accounting organizations, KPMG is laying off 5% of its U.S. employees due to “economic […]

Jun 27, 2023

Industry

Byju’s employees want to leave the firm before they are fired, Why?

Indian ed-tech startup Byju’s employees are concerned about their future as the company has carried several rounds of job cuts. Byju’s has already sacked several thousand employees this year due to slowing demand. The company recently sacked 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, […]

Jun 26, 2023

Layoffs

Endless layoffs: Uber sacks 200 people from its recruitment team

A transportation conglomerate, Uber is laying off 200 employees from its recruitment division. The layoffs are due to cross-cutting measures. As per the reports of Reuters, Uber is sacking 35 percent of its workforce from the recruitment team. Earlier, the company laid off 150 jobs in its freight services division. The reductions affect less than […]

Jun 22, 2023

Layoffs

OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees

OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reduction of approximately 800 jobs worldwide The company has started shutting down operations of its automotive unit, Olx Autos, in certain markets after exploring potential buyers and investors 6 months earlier, OLX’s planned to reduce its global workforce by 1,500 employees […]

Jun 21, 2023