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
Ex-Amazon employee landed with 30% hike after being laid off
Industry

Ex-Amazon employee landed with 30% hike after being laid off

The e-commerce giant, Amazon earlier in January announced 18,000 layoffs globally to cut costs. One of the Ex-Amazon employee Arideep Dutta shared his experience of getting multiple job offers after being laid off. He was Software Development Engineer at Amazon and started working with the organization in April 2022 and worked till March 2023. Arideep […]

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Amazon India layoffs: Tech giant lays off about 500 employees
Layoffs

Amazon India layoffs: Tech giant lays off about 500 employees

An American multinational technology company focusing on e-commerce, Amazon is laying off about 500 employees in India. According to the reports of the Economic Times, Amazon India will layoffs across different businesses and functions including Amazon Web Services (AWS), human resources, and support functions. Additionally, Some of Amazon’s onboarding functions in tier-2 cities such as […]

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Zerodha Implements AI Policy: “Won’t Fire Anyone”
Industry

Zerodha Implements AI Policy: “Won’t Fire Anyone”

India’s biggest stock broker firm, Zerodha said that the company will retain employees even if artificial intelligence makes some job replacements. The CEO Nithin Kamath has shared a tweet from the official Twitter handle that the company has implemented a new internal AI policy intended to reduce AI/job loss anxiety. Nithin Kamath, Founder & CEO of Zerodha […]

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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

Recently, LinkedIn, the world’s largest social media platform for professionals, announced cutting 716 positions and shutting down its jobs app in mainland China, the California-based company. Reportedly, the company has also discontinued Business Leadership Program. According to the profile on LinkedIn, One of the impacted freshers Lea Schuhmacher who has previously worked at LinkedIn as an […]

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

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 reduce costs. However, the exact number of job cuts has not been disclosed but job cuts will take place across the board. According to the reports of Business Today, “Intel is working to accelerate its strategy while navigating a challenging macro-economic environment. […]

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LinkedIn to cut 716 jobs and shut its China app
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LinkedIn to cut 716 jobs and shut its China app

LinkedIn, the world’s largest social media platform for professionals, is cutting 716 positions and shutting down its jobs app in mainland China, the California-based company announced. The decision was made amid shifts in customer behavior and slower revenue growth, CEO Ryan Roslansky said Monday in a letter to employees. “As we guide LinkedIn through this rapidly changing landscape, […]

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Google’s leadership double standards: Example of corporate greed
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Google’s leadership double standards: Example of corporate greed

Google’s leadership has double standards. However, due to economic uncertainty, the company laid off and also cut the benefits of the employees but when it comes to the salary of the top executive they are paid very high. Harpreet Singh Saluja, President – Nascent Information Technology Employees Senate, shared a tweet and said, “The double standards […]

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Company threw lavish party with branded drinks then laid off staff
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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 […]

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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 […]

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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, […]

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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 […]

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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 […]

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