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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: Feb 2023
Layoffs again HP, Twitter, MyGate to sack hundreds of employees
Layoffs

Layoffs again HP, Twitter, MyGate to sack hundreds of employees

Feb 21, 2023

Google fired an employee to launch its own venture within notice period

Recently, An American multinational technology company, Google parent Alphabet announced to sack ,...

Industry
Feb 21, 2023
Google fired an employee to launch its own venture within notice period

Ericsson to layoff , jobs in Sweden to reduce cost

A Swedish multinational networking and telecommunications company, Ericsson plans to cut about ,...

Layoffs
Feb 20, 2023
Ericsson to layoff , jobs in Sweden to reduce cost

No Layoffs at TCS, instead will like to hire impacted people

On people losing jobs with startups, amid the layoff wave, Tata Consultancy Services TCS Chief Hum...

Industry
Feb 20, 2023
No Layoffs at TCS, instead will like to hire impacted people
Infosys in trouble for firing freshers
Industry

Infosys in trouble for firing freshers

An Indian multinational information technology company, Infosys fired 600 freshers after they failing in an internal assessment test. However, Infosys co-founder Kris Gopalakrishnan has said that layoffs aren’t desirable, but can’t be avoided. Infosys co-founder Kris Gopalakrishnan said the layoffs have been disheartening. The IT industry currently employs 5 lakh people. The industry has been continuously adding […]

Feb 18, 2023
Google sacks 453 employees in India
Layoffs

Google sacks 453 employees in India

An American multinational technology company, Google laid off 453 employees from various departments in India late at night on Thursday. As per reports, the employees from software developers, backend developers, cloud engineers, and digital marketers have been affected. Few of the employees took on LinkedIn to share their experiences. Recently in January, an American multinational technology company, Google […]

Feb 17, 2023
KPMG to sack 700 employees due to economic slowdown
Layoffs

KPMG to sack 700 employees due to economic slowdown

A multinational professional services network, and one of the Big Four accounting organizations, KPMG will sack 700 employees due to the economic slowdown of nearly 2 percent of its workforce in the United States. Initially, The job cuts were announced on February 15 by Carl Carande, Vice-Chair of KPMG’s US advisory business. A spokesperson for […]

Feb 16, 2023
LinkedIn sacks employees in recruitment department: Report
Layoffs

LinkedIn sacks employees in recruitment department: Report

According to reports, a business and employment-focused social media platform, LinkedIn will sack employees in the recruitment department. However, LinkedIn has not commented on the exact number of employees affected by the layoffs. Recently in January, Global tech giant Microsoft announced that it would sack about 5 percent or 10,000 of its workforce amid a […]

Feb 14, 2023
A couple lost their Jobs for abusing their minor domestic help
Industry

A couple lost their Jobs for abusing their minor domestic help

A Couple in Gurugram has recently lost their Jobs for abusing and torturing their 17 years old minor domestic help. The domestic help was based out of Ranchi in Jharkhand and she was hired through a placement agency. The police arrested Manish Khattar and his wife Kamaljeet Kaur. Manish Khattar was arrested immediately but Kamaljeet Kaur was […]

Feb 13, 2023
IIT graduate laid off by Microsoft gets overwhelming support from Twitter
Industry

IIT graduate laid off by Microsoft gets overwhelming support from Twitter

In January 2023 Microsoft announced to sack 11,000 employees worldwide due to the global economic slowdown. An IIT graduate took to Twitter to share his post about being laid off by Microsoft. Koustuv Saha shared a tweet, “I am laid off from @MSFTResearch MTL. It hasn’t quite sunk in, but it has hit my confidence to lose […]

Feb 13, 2023
Kris Gopalakrishnan Infosys co-founder: Layoffs can’t be avoided
Industry

Kris Gopalakrishnan Infosys co-founder: Layoffs can’t be avoided

According to business today, Infosys co-founder Kris Gopalakrishnan has said that layoffs aren’t desirable, but can’t be avoided. Infosys co-founder Kris Gopalakrishnan said the statement at the All Summit 2023 by Great Place to Work. However, the layoffs have been disheartening. The IT industry currently employs 5 lakh people. The industry has been continuously adding […]

Feb 11, 2023
GoDaddy lays off 8 percent of the workforce
Layoffs

GoDaddy lays off 8 percent of the workforce

An American publicly traded Internet domain registrar and web hosting company, GoDaddy CEO Aman Bhutani has sacked 8 percent of its workforce. The employees are mainly impacted in the US. The affected employees are from multiple levels in the company and every division. Aman Bhutani, Chief Executive Officer, GoDaddy shared a LinkedIn post saying, “Earlier today, […]

Feb 11, 2023
IT companies to layoff 2500 freshers who fail to screen tests
Industry

IT companies to layoff 2500 freshers who fail to screen tests

According to a mint report, IT services companies are to layoff 2500 freshers for failing screening tests. Recently, the top two IT-Major have sacked 1052 employees who failed to qualify for the internal tests. However, this is an indicator that there are concerning headwinds in the coming quarters. According to reports, the layoffs will be […]

Feb 11, 2023
Yahoo to lay off 20% staff as it aims to restructure ad tech division
Layoffs

Yahoo to lay off 20% staff as it aims to restructure ad tech division

An American multinational technology company, Yahoo is planning to sack more than 20% of its total workforce by end of the year. This is part of a major restructuring of its ad tech division. The Job cuts will impact 1,000 employees this week. However, the company is planning to layoff 50% of Yahoo’s ad tech employees by the end […]

Feb 10, 2023
TikTok fires its entire India team
Layoffs

TikTok fires its entire India team

According to the ET reports, a short-form video hosting service, TikTok has fired its entire India team. The company has fired 40 people. The move came almost after three years TikTok was banned in India. The app was banned in India along with 300 other Chinese apps over national security issues. The employees that were working […]

Feb 10, 2023
Disney to layoff 7,000 employees to make business more profitable
Layoffs

Disney to layoff 7,000 employees to make business more profitable

An American multinational, mass media and entertainment conglomerate, Disney will layoff 7,000 employees to make business more profitable. The layoffs represent an estimated 3.6% of the company’s global workforce.  The effort of the company is to save $5.5 billion in costs and make its streaming business profitable. The company shifts its focus to its core brands and […]

Feb 9, 2023