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: Mar 2023
Uber announces to sack of employees based on performance
Layoffs

Uber announces to sack of employees based on performance

Amid the layoffs wave, American mobility service provider company, Uber will sack employees on the ground of a ‘more rigorous approach’ to performance reviews. However, Uber is not using the term “layoff” to describe the recent terminations and has stated that it will fill the affected roles with new hires. The company said, “Uber job […]

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Zerodha: Nikhil Kamath advice for Indian students studying abroad amid mass layoffs
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Zerodha: Nikhil Kamath advice for Indian students studying abroad amid mass layoffs

Zerodha Co-Founder Nikhil Kamath has shared his advice for Indian students studying abroad amid mass layoffs. He said on Twitter, “With rising interest rates in the west and the mass firing in high-paid tech jobs, one seriously needs to reconsider the many new universities set up in India, which have improved tremendously.” “It’s one thing […]

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Google laid off an Indian HR person during office video call
Layoffs

Google laid off an Indian HR person during office video call

An American multinational technology company, Google laid off 453 employees from various departments in India. 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, Google parent Alphabet announced to sack 12,000 employees. The company CEO took responsibility for the […]

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McKinsey to sack 2000 employees in one of its biggest layoffs
Layoffs

McKinsey to sack 2000 employees in one of its biggest layoffs

A global management consulting firm, McKinsey & Co is planning to cut about 2,000 jobs. This is in one of its biggest rounds of layoffs. The company’s job cuts could affect more than 4% of the workforce. McKinsey & Co currently employs nearly 44,000 employees. The headcount of the company has grown up from 28,000 […]

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

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

Layoffs are a tough decision for any company. However, there have been various companies that have been announcing layoffs. Now, the leading companies HP, Twitter, and MyGate sacking hundreds of employees. HP An American multinational information technology company, HP has announced that it will lay off around 100 employees in Israel. The company has cut major […]

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

Recently, An American multinational technology company, Google parent Alphabet announced to sack 12,000 employees. Henry Kirk worked as a manager at Google for eight years. He has decided to start his venture with six former colleagues who had also been laid off. Henry Kirk, Engineering Manager (Senior TLM), iOS/Android, Google shared a LinkedIn Post saying, “I have […]

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Ericsson to layoff 1,400 jobs in Sweden to reduce cost
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Ericsson to layoff 1,400 jobs in Sweden to reduce cost

A Swedish multinational networking and telecommunications company, Ericsson plans to cut about 1,400 jobs in Sweden. Additionally, Ericsson will be cutting more jobs that will be affecting several thousand people in other countries in the coming days. The company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of […]

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No Layoffs at TCS, instead will like to hire impacted people
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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 Human Resources officer Milind Lakkad said that TCS will be looking to hire such impacted employees. Milind Lakkad told PTI, “We don’t do that (layoffs), we believe in grooming talent in the company…(there will be) no layoffs.” He explained the layoffs […]

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Infosys in trouble for firing freshers
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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 […]

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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 […]

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KPMG to sack 700 employees due to economic slowdown
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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 […]

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LinkedIn sacks employees in recruitment department: Report
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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 […]

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