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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: Jul 2023
Microsoft laid off employees in new job cut round
Layoffs

Microsoft laid off employees in new job cut round

Jul 11, 2023

Almost of employees in India feel insecure in their jobs

The year started on a layoff note so far in , there have been , layoffs at tech compani...

Survey & Report
Jul 8, 2023
Almost of employees in India feel insecure in their jobs

Tata Steel sacks employees for breach of ethical code

An Indian multinational steel-making company, Tata Steel has sacked employees for breach of the e...

Layoffs
Jul 6, 2023
Tata Steel sacks employees for breach of ethical code

PwC Australia sacks eight partners over tax leak scandal

According to Reuters, PwC Australia has fired eight partners as part of an internal investigation in...

Industry
Jul 4, 2023
PwC Australia sacks eight partners over tax leak scandal
KPMG laid off 2,000 US workforce; Deutsche Bank to cut 1700 jobs
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
Byju’s employees want to leave the firm before they are fired, Why?
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
Endless layoffs: Uber sacks 200 people from its recruitment team
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
OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees
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
Meta, Google among top paying companies in 2022 despite layoffs
Industry

Meta, Google among top paying companies in 2022 despite layoffs

According to a Business Insider report originally attributed to The Wall Street Journal, Meta and Google were among the top-paying public companies in 2022. A real-estate-investment company, Vici Properties topped the list with just 22 employees at the top with a median salary of around $415,000. Meta placed the second position offering employees a median […]

Jun 20, 2023
BYJU’S starts another round of layoffs, 500-1000 people impacted
Social Media

BYJU’S starts another round of layoffs, 500-1000 people impacted

Edtech firm Byju’s has announced another round of layoffs. It will fire 500-1000 employees to cut costs. The fresh set of layoffs is expected to impact employees across marketing, sales, business development as well as product and technology functions. To cut costs, the company had laid off over 2,500 employees across departments, in October last […]

Jun 20, 2023
Mojocare layoffs 80% employees to improve capital efficiency
Layoffs

Mojocare layoffs 80% employees to improve capital efficiency

A Bengaluru-based health tech Mojocare layoffs 80 percent of its workforce nearly 160 employees. The layoffs are to improve capital efficiency and unit economics. The company said in a statement said, “A majority of Mojocare investors initiated a review of the company’s financial statements. While the analysis remains ongoing, initial findings have uncovered financial irregularities […]

Jun 19, 2023
Side hustle, HR tried to have me work on weekends, but I quit
Social Media

Side hustle, HR tried to have me work on weekends, but I quit

The company’s HR department called him in for a meeting to discuss his weekend activities. When it became clear where things were headed, the worker decided he’d rather not work for that company anymore. The thread was shared on Reddit by the worker, u/InfiniteMaf. The exact post said, “Got called by HR one day after someone […]

Jun 19, 2023
Mamaearth’s Momspresso, Oracle & more laid off many employees
Layoffs

Mamaearth’s Momspresso, Oracle & more laid off many employees

The Layoffs are never-ending recently Mamaearth’s Momspresso, Oracle and TrueCar have laid off several employees. India’s largest user-generated content platform for women, Mamaearth’s Momspresso has laid off 80–100 employees. As reported by The Hindu Business Line, it will impact the brand marketing vertical. In 2021, Mamaearth acquired a majority stake in the parenting platform Momspresso. Momspresso […]

Jun 16, 2023
Hiring trends positive for July-September quarter amidst layoffs
Survey & Report

Hiring trends positive for July-September quarter amidst layoffs

According to the ManpowerGroup Employment Outlook Survey was released the labour market is indicating positive sentiments in the third quarter of 2023 despite news of layoffs and anticipated global economic slowdown. Nearly half of the employers surveyed expect to increase their staffing levels, 13% anticipate a decrease in hiring intent and 34% do not anticipate any […]

Jun 14, 2023
Better.com start job cuts again, layoffs entire real estate team
Layoffs

Better.com start job cuts again, layoffs entire real estate team

An American company, Better.com have started the job cuts again and this time the company is laying off the entire real estate team. Better.com has laid off nearly 4000 employees in India and the United States. Last year in May 2022, the company gave its employees in India the option to quit. Due to this reason of […]

Jun 10, 2023
Byju’s fresh round of job cuts, likely to fire 1,000 employees
Layoffs

Byju’s fresh round of job cuts, likely to fire 1,000 employees

India’s largest ed-tech company, Byju’s is expected to lay off around 1,000 more employees in the fresh round of layoffs. As per the reports, The layoffs will be affecting the sales and marketing teams. The report also added that the company will be providing two months of salary as severance pay amidst a severe cash crunch. […]

Jun 10, 2023