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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: May 2023
A woman secured a job at LinkedIn but was laid off before joining
Layoffs

A woman secured a job at LinkedIn but was laid off before joining

May 10, 2023

Intel to sack staff due to losses, Cuemath pivots on LCX, retention

An American multinational corporation and technology company, Intel will sack its workforce to reduc...

Layoffs
May 9, 2023
Intel to sack staff due to losses, Cuemath pivots on LCX, retention

LinkedIn to cut jobs and shut its China app

LinkedIn, the worlds largest social media platform for professionals, is cutting positions and ...

Layoffs
May 9, 2023
LinkedIn to cut jobs and shut its China app

Googles leadership double standards Example of corporate greed

Googles leadership has double standards. However, due to economic uncertainty, the company la...

Industry
May 8, 2023
Googles leadership double standards Example of corporate greed
Company threw lavish party with branded drinks then laid off staff
Layoffs

Company threw lavish party with branded drinks then laid off staff

The leader in offensive security company, Bishop Fox has laid off 13 percent of its workforce or 50 employees. The company laid off the employees after it invited employees to the RSA cybersecurity conference for a party where it served drinks. According to reports, Bishop Fox CEO Vinnie Liu said, “We proactively made these changes in […]

May 6, 2023
Shopify & Teachmint lays off employees: Read CEO’s message
Layoffs

Shopify & Teachmint lays off employees: Read CEO’s message

The layoff is not ending. Now, a leading provider of education-infrastructure solutions, Teachmint & Shopify has sacked employees. Teachmint sacks 70 more employees Teachmint has laid off 70 more employees in the second round of layoffs in six months. Previously, the company laid off 45 employees. The company looks forward to reducing costs. The company will […]

May 6, 2023
Meesho to fire 15% workforce due to judgment errors in over-hiring
Layoffs

Meesho to fire 15% workforce due to judgment errors in over-hiring

A social commerce platform, Meesho will sack 15% workforce or 251 employees. This is the second round the company will cut jobs in just over a year. Earlier, the company laid off 150 workers around the same time last year. The spokesperson said, “We have taken a difficult decision to part ways with 251 Meeshoites, […]

May 5, 2023
Cognizant to fire 3500 employees & close few offices to save cost
Layoffs

Cognizant to fire 3500 employees & close few offices to save cost

Cognizant, one of the world’s leading professional services companies, announced its first quarter 2023 financial results. According to reports, the company will lay off 3,500 employees. However, as of now the exact number of people impacted in India is still unclear. Moreover, the company will also be giving up 11 million sq feet of office […]

May 4, 2023
IBM to pause hiring, plans to replace 7,800 jobs with AI
Industry

IBM to pause hiring, plans to replace 7,800 jobs with AI

IBM is planning to freeze the hiring for certain positions. The company expects that nearly 7,800 jobs could be replaced by artificial intelligence (AI). CEO Arvind Krishna has specified that hiring specifically in back-office functions such as human resources will be suspended or slowed. The company aspects that 30% of non-customer-facing roles could be replaced […]

May 2, 2023
3M to layoff 6,000 employees globally, Amazon begins layoff in HR
Layoffs

3M to layoff 6,000 employees globally, Amazon begins layoff in HR

An American multinational conglomerate, 3M is layoff 6,000 jobs as part of part of an ongoing restructuring. This is the second time the company has announced the layoff this year. The company has announced a total of 8,500 job cuts this year. This is nearly about a 10% decline in its global workforce.  While 3M […]

Apr 27, 2023
Meta fired 30-week pregnant employee, here’s what happened next
Layoffs

Meta fired 30-week pregnant employee, here’s what happened next

The major companies that laid off employees include Meta, Infosys, Amazon, Google, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally. Apparently, Major tech companies have laid off employees exponentially due to economic uncertainties. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as […]

Apr 26, 2023
Edtech Startup Skill-Lync lays off more than 400 employees
Layoffs

Edtech Startup Skill-Lync lays off more than 400 employees

Chennai-based, Edtech Startup Skill-Lync which provides job opportunities to students upon completion of the program, lays off over 400 employees due to a funding crunch.  Currently, the Edtech firm has over 2,000 employees as per its LinkedIn page. Surya Narayanan Paneer Selvam, Co-Founder of the company sent an internal mail to the employees about the […]

Apr 25, 2023
Layoffs have no end: Deloitte to slash 1,200 jobs
Layoffs

Layoffs have no end: Deloitte to slash 1,200 jobs

According to the reports of Business Today, an international professional services company, Deloitte will sack around 1,200 jobs or 1.5% of its U.S. workforce. Deloitte said in an emailed statement, “Our U.S. businesses continue to experience strong client demand. As growth in select practices moderates, we are taking modest personnel actions where necessary.” Recently, […]

Apr 22, 2023
Simpl to layoff 150, Twitter’s rival Koo to sack 30% staff
Layoffs

Simpl to layoff 150, Twitter’s rival Koo to sack 30% staff

The year 2023 has seen a downfall in hiring and an increase in the number of layoffs. Now, reports have circulated that Simpl and Koo have laid off employees. Simpl to layoff 150 employees India’s leading 1-tap checkout network meant to make payments invisible and money intelligent, Simpl will sack 25 percent which is nearly […]

Apr 20, 2023
Meta to look more layoffs across Facebook, WhatsApp, Instagram
Layoffs

Meta to look more layoffs across Facebook, WhatsApp, Instagram

In accordance with Bloomberg Reports, Meta formerly known as Facebook will layoffs companywide as it plans to restructure teams and works towards the goals. As Chief Executive Mark Zuckerberg earlier in February declared 2023 the “year of efficiency.” The company has informed managers to prepare for the job cuts. It indicates the layoffs will affect employees from Facebook, […]

Apr 19, 2023
EY to sack 3,000 Jobs or 5% nearly of its workforce
Layoffs

EY to sack 3,000 Jobs or 5% nearly of its workforce

One of the Big Four accounting firms, Ernst & Young (EY) will cut 3,000 Jobs or 5% nearly of its Workforce in the US due to ‘Overcapacity’. The announcement follows less than a week after the unit’s objection torpedoed the global accounting giant’s plan to break up its audit and consulting units. Also Watch, Recession […]

Apr 18, 2023