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: Feb 2023

Layoffs

Disney to layoff , employees to make business more profitable

Feb 9, 2023

Fianc got sacked by Microsoft Woman asks Marry him or not?

The major companies laid off employees including Infosys, Amazon, Google, Microsoft, Byjus, Wipro, ...

Industry

Feb 8, 2023

Fianc got sacked by Microsoft Woman asks Marry him or not?

Zoom to sack employees, CEO salary to be reduced by

An American communications technology company, Zoom has announced to sack employees or roughly ...

Layoffs

Feb 8, 2023

Zoom to sack employees, CEO salary to be reduced by

Dell to sack about , employees from its Global Workforce

According to Bloomberg reports, An American-based technology company, Dell will sack about , emp...

Layoffs

Feb 6, 2023

Dell to sack about , employees from its Global Workforce

Layoffs

Infosys fires 600 freshers after they fail Internal Test

An Indian multinational information technology company, Infosys has fired 600 freshers after they fail an internal assessment test. Recently, Wipro also sacked 452 fresher employees due to poor performance. The company fired the employees after taking an internal test. However, the company also waived the training cost of Rs.75,000/- for the freshers. According to Business Today a […]

Feb 6, 2023

Layoffs

Layoffs: Over 1 Lakh employees lost jobs in last month, Jan 2023

Layoffs are a tough decision for any company. However, there have been various companies that have been announcing layoffs. According to trueup.io, so far in 2023, there have been 379 layoffs at tech companies with 113,082 people impacted (3,231 people per day). However, In 2022, there were 1,535 layoffs at tech companies, and 241,176 people were impacted. The actual reason behind the layoffs in the […]

Feb 4, 2023

Layoffs

IIT graduate lost his job says “Jo hota hai aache k liye hi hota hai”: Byju’s Layoffs

An Indian multinational educational technology company, Byju’s has laid off nearly 1,500 employees in a fresh round of layoffs. The layoffs have affected employees from mainly the design, engineering, and production verticals. Abhishek Ashish a Software Engineer at BYJU’S has also been laid off by the company. He graduated from IIT and this was his first job. He […]

Feb 3, 2023

Layoffs

Workday, GNIDA, & Tinder Layoff employees

Due to economic uncertainty companies like Workday, Greater Noida industrial development authority, and Tinder are laying off employees. According to media reports on layoffs, In the first half of the year 2022 that is from January to June, various companies laid off nearly 44,257 employees in the tech sector. A tech layoff tracker points out that 106,950 […]

Feb 2, 2023

Layoffs

FedEx CEO’s message to employees on 10% Job cuts

An American multinational conglomerate holding company, FedEx has announced that the company is cutting more than 10% of its global management employees. The job cuts at FedEx are due to the shipping slowdown. This is the second round of layoffs at the company in less than a year. FedEx employs 550,000 employees globally. The following is a […]

Feb 2, 2023

Layoffs

Intel announces layoffs and pay cuts, CEO to take 25% pay cut

Chip-maker Intel is laying off nearly 340 employees at one of its campuses in the US. However, the company has announced the layoffs through the Worker Adjustment and Retraining Notification (WARN) notice. According to the WARN Act requires employers to provide a 60-day notice to workers and state officials of mass layoffs. “All impacted employees […]

Feb 1, 2023

Layoffs

PayPal to lay off 2,000 employees

Fintech company, PayPal is planning to reduce its workforce by 7%, or about 2,000 employees as the firm is hit by the economic slowdown. PayPal President and CEO Dan Schulman said that these job reductions will occur over the coming weeks, with some organisations impacted more than others. The following message was shared with PayPal […]

Feb 1, 2023

Layoffs

Google HR loses job while interviewing candidate for a job role

Google recently sacked 12,000 employees across departments. The company CEO Sundar Pichai took responsibility for the layoffs. Although, Google promised to pay a severance package to all the impacted employees it has come as surprise for many employees. Dan Lanigan Ryan, a recruiter for Morgan McKinley at Google’s Dublin office, learned that he had been […]

Jan 31, 2023

Layoffs

Philips to cut 6000 jobs in drive to improve profitability

A Dutch multinational conglomerate corporation, Philips will cut nearly 6000 jobs in a drive to improve profitability. The company plans to cut half of the jobs this year. However, the remaining half will be realized by 2025. Roy Jakobs, CEO of Royal Philips said, “2022 has been a very difficult year for Philips and our stakeholders, […]

Jan 31, 2023

Layoffs

EY to layoff hundreds of employees to improve profitability

According to Reuters Reports, One of the largest professional services companies, Ernst & Young (EY Germany) is planning to cut 40 partners and 380 staff. EY is looking forward to improving its profitability. The layoffs have affected the firm due to the Wirecard scandal in which the investors have witnessed billions of euros in losses. Additionally, German […]

Jan 29, 2023

Layoffs

Google layoffs: An employee was fired after his mom died of cancer

Google layoffs: recently, a multinational technology company, Google parent Alphabet announced to sack 12,000 employees. Writing about Google layoffs on social media a Google software engineer has said that he was sacked by his employer just days after he returned to work following his mother’s death. Tommy York, Google, Software Engineer shared a LinkedIn post, “I was laid […]

Jan 27, 2023

Layoffs

IBM fires nearly 3,900 employees and SAP layoffs 3000 people

IBM and SAP joined the cadre of IT giants planning to layoffs thousands of their employees this year. Both companies reported their respective fourth-quarter earnings ended on Dec. 31. The multinational technology corporation, IBM would lay off 3,900 employees 1.5 percent of its global workforce. On the other hand, SAP is planning to lay off […]

Jan 27, 2023