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: Dec 2022

Layoffs

Smartphone maker Xiaomi to layoff employees

Dec 20, 2022

Which is best bet amid the layoff trend Capgemini or Infosys?

Layoffs are difficult for companies, but has been a year of layoffs. Top tech companies have ei...

Industry

Dec 19, 2022

Which is best bet amid the layoff trend Capgemini or Infosys?

Virtusa forced employees to resign seek government intervention

A global provider of Digital Business Transformation, Digital Engineering, and Information Technolog...

Layoffs

Dec 19, 2022

Virtusa forced employees to resign seek government intervention

Google CEO Pichai has no reassuring words didnt deny job cuts

Amid layoffs and retrenchment across various sectors most recently, as per TOI, an American multinat...

Industry

Dec 14, 2022

Google CEO Pichai has no reassuring words didnt deny job cuts

Layoffs

4000 employees to be affected: Layoff about to start at Cisco

Cisco all set for a turbulent and massive layoff. The firm is about to shred 5% of its workforce as a measure to resize the firm.

Dec 14, 2022

Layoffs

Twitter staff was sacked, Cos didn’t see Musk’s email at weekend

According to reports, an American social media company, Twitter has sacked nearly 100 employees after employees Didn’t See Musk’s Email at the Weekend. Some Twitter employees lost access to work systems after they failed to sign Elon Musk’s anti-leaking pledge on Saturday because they didn’t check their emails over the weekend. Musk wrote in his […]

Dec 14, 2022

Layoffs

Goldman to cut hundreds of consumer banking staff

A leading global investment banking, securities, and investment management firm, Goldman Sachs will be sacking hundreds of employees. According to reports, the company is planning to cut at least 400 jobs as it looks at restructuring its struggling consumer business. According to reports, The job cuts at Goldman Sachs’ will be affecting the underperforming employees. […]

Dec 13, 2022

Layoffs

Salesforce to layoff employees in a fresh round of layoffs

An American cloud-based software company, Salesforce will be laying off employees in a fresh round of layoffs according to Protocol reports. It was unclear when the layoffs would begin the discussions on the plan remain ongoing. Salesforce, however, told media publications that the layoffs affected “less than a thousand” employees. According to Protocol reports, Salesforce […]

Dec 12, 2022

Layoffs

Is 2022 a year of layoffs? Companies layoff nearly 70,000+ people

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. Below is the list of companies that Laid off employees Amid layoffs and retrenchment across various sectors in the country including in IT, Minister Bhupender Yadav has […]

Dec 12, 2022

Layoffs

Intel sets out unpaid leaves for 3 months to employees, starts layoff

Intel offering 3 months of unpaid leave to employees as a result of cost-cutting measures. The chipmaker company is also laying off its employees to curb losses. Factory and manufacturing workers globally are being given time off options as a step to retain their talent base. In the aftermath of macroeconomic conditions, this aggressive […]

Dec 10, 2022

Industry

Layoffs are illegal if not carried out as per Law: Labour Minister

There have been retrenchment and layoffs across various sectors in the country including in IT, Minister Bhupender Yadav has said that Layoffs are deemed illegal if not carried out as per Industrial Disputes (ID) Act. Minister Bhupender Yadav said, “Further, any retrenchment and lay-off are deemed to be illegal which is not carried out as […]

Dec 9, 2022

Layoffs

Digital company HealthifyMe announces layoff: 142 people slashed

India’s leading health tech start-up, HealthifyMe announced the layoff of 142 employees. The step is taken as a matter of growing concern for the firm to manage its cost. The firm also offered 2 months’ package to separated employees with 2 weeks per year worked at the firm. The firm is undergoing an evolution with […]

Dec 9, 2022

Layoffs

Adobe sacked 100 employees, majorly from the sales team

Adobe has reportedly laid off 100 employees but the firm confirms that the layoff is not companywide. The organization carried out the layoff process to reduce its expenses. Quick insights As per the 2022 financial reports of Adobe, the firm hired 28,700 workers. Adobe said that the company made a transition to support critical initiatives […]

Dec 8, 2022

Layoffs

Vedantu cuts 385 jobs, leadership takes 50% pay cut

Edtech major Vedantu has laid off another 385 employees. This is nearly 11.6 percent of the company workforce. The Job cuts will affect the workforce from sales, HR, and content teams. This is the fourth round of layoffs undertaken by the edtech unicorn in 2022. Vedantu’s co-founders and a few members of the leadership team […]

Dec 8, 2022

Layoffs

Morgan Stanley cuts about 1,600 jobs, 2% of its workforce

An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce. The job cuts will affect workforce reductions at Goldman Sachs Group Inc and Citigroup Inc. The bank has more than 81,000 employees worldwide as of September 30. Morgan Stanley is making modest […]

Dec 8, 2022

Layoffs

PepsiCo to layoff hundreds of staff at headquarters

An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North American snacks and beverages division. “The overall US labour market remains historically tight, with employers competing for a limited pool of labor and bidding up wages despite an uncertain economic outlook,” the report […]

Dec 8, 2022