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: Jan 2023

Layoffs

Ola fires people in a fresh round of layoffs

Jan 13, 2023

Contractual staff cant be sacked for poor performance without notice

The Kerala High Court has held that the contractual staff cant be sacked for poor performance...

Labour Law

Jan 11, 2023

Contractual staff cant be sacked for poor performance without notice

Unacademy builds LinkedIn competitor NextLevel, people fired

In another round of layoffs, an Indian educational technology company, Unacademy will let go of arou...

Industry

Jan 11, 2023

Unacademy builds LinkedIn competitor NextLevel, people fired

UK PM Rishi Sunak Plans New Law To Let Employers Fire Workers

The UK PM Rishi Sunak plans a new Law to let employers fire workers. This legislation will allow emp...

Industry

Jan 9, 2023

UK PM Rishi Sunak Plans New Law To Let Employers Fire Workers

Industry

Over 30,000 lost jobs in Jan exceed December total in just 6 days

In 2022, over 1 lakh employees lost their jobs across various sectors. But in less than 9 days in January over 30,000 employees have lost their jobs. The layoff number has exceeded December in a few days. Data from the layoff tracker shows that a total of 30,611 people from 30 companies were laid off […]

Jan 9, 2023

Layoffs

McDonald’s to sack employees; CEO Chris Kempczinski confirms

An American multinational fast food chain, McDonald’s CEO Chris Kempczinski has confirmed that the company may layoff employees in April 2023 as part of a cost-cutting exercise. The layoff will affect the employees from the corporate wing of the company. The CEO has told Wall Street Journal that “some jobs that are existing today are either […]

Jan 7, 2023

Layoffs

upGrad-owned Harappa sacks 35% of the workforce

As 2023 started the news of layoffs. Recently, upGrad-owned learner-centered institution, Harappa has announced to sack of nearly 70 employees or 35% of its 200-strong workforce. As per reports, the affected employees have been told to serve a month’s notice, and no other severance benefits have been offered to them. The layoffs have affected mainly […]

Jan 6, 2023

Industry

After 6 months of being sacked, employee shoots former boss in Noida

According to ET, After 6 months of being sacked a BPO employee (Anoop Singh) shoot his former manager in Noida. The condition of the manager is critical and is admitted to the hospital. Anoop Singh worked in BPO as a data entry operator in NSB BPO under Phase-1 in Noida Sector 2. The injured employee Sadrul […]

Jan 6, 2023

Layoffs

Amazon to layoff 70% more employees than earlier planned

According to the Wall Street Journal, an American multinational technology company, Amazon is laying off more than 17,000 employees, which is 70% more employees than previously planned. However, The job cuts that began last year were expected that it will affect nearly about 10,000 people. The reduction is concentrated in the firm’s corporate ranks. The […]

Jan 5, 2023

Layoffs

Google employees write to VP– HR on fear of layoffs

As per earlier reports, An American multinational technology company focusing on search engine technology, Google is expected to lay off 6 percent of employees in 2023. The employees who will fall under the low-performance bracket will be affected. As per the recent reports, several employees have written a letter to the company’s Vice President of Human […]

Jan 4, 2023

Compensation

Woman sacked for being pregnant awarded Rs 15 Lakh compensation

During the period of pregnancy, many female employees lose their jobs. As per the recent Telegraph report, a 34-year-old woman, Charlotte Leitch had only recently joined Essex-based CIS services firm but only a couple of weeks later her employer fired her. She won compensation of nearly Rs. 15 lahks after she was fired for “being […]

Jan 3, 2023

Survey & Report

Most laid off tech workers find new jobs in 3 months

According to the recent survey report, by the Wall Street Journal “The ZipRecruiter” said 79 percent of laid off staff in the tech industry landed a new job within three months. However, the survey did not disclose information on whether they received new employment with the same, higher, or lower compensation packages. Julia Pollak, the chief […]

Jan 2, 2023

Industry

Failed background checks are new normal, will 2023 be a year of layoffs?

The year 2022 became a topic of discussion for layoffs based on two grounds which are Failed Background Checks and Moonlighting. Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. This year nearly 1 Lakh employees lost […]

Dec 30, 2022

Layoffs

Google to layoff 6% of employees in 2023 with poor performance

As per reports, Google is expected to layoff 6 percent of employees in 2023. The employee which will fall under the low-performance bracket will be affected. As per CNBC reports, however, several employees have been complaining about procedural and technical issues with the new performance system. According to the rating system, an employee must have […]

Dec 27, 2022

Survey & Report

65% Job seekers are depressed over Layoffs, unable to give 100%

The current year has been the year of layoffs. As per the media reports, nearly 1 lakh employees lost their jobs in 2022. According to a survey by Indeed, about 65 percent of job seekers (more than 6 in 10) in India feel that the ongoing layoffs may hinder their willingness to go the extra […]

Dec 24, 2022

Layoffs

Micron to layoff 5,000 employees in 2023

A world leader in innovative memory solutions, Micron will be laying off nearly 5000 or 10% of its employees. The company said that the industry is experiencing the “most severe imbalance between supply and demand in both DRAM and NAND in the last 13 years.” Micron Technology announced results for its first quarter of fiscal 2023, […]

Dec 22, 2022