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: Nov 2022
Zomato laying off nearly 3% of staff due to cost-cutting
Layoffs

Zomato laying off nearly 3% of staff due to cost-cutting

Indian multinational restaurant aggregator and food delivery company, Zomato has confirmed that the company is laying off under 3 percent of its staff across the organization. The company said that the layoffs are based on regular performance. Earlier, Zomato Ltd confirmed on Friday that its co-founder, Mohit Gupta has resigned from the company. Mohit resigned after about […]

Read Story
Cisco to lay off over 4,000 employees
Layoffs

Cisco to lay off over 4,000 employees

An American-based multinational digital communications technology conglomerate corporation, Cisco will be laying off more than 4,000 employees. According to a report in Silicon Valley Business Journal, the company is laying off nearly 5 percent of its workforce. The company has described this as a “rebalancing” act while “rightsizing certain businesses.” Cisco Chief Financial Officer Scott Herren […]

Read Story
#RIPTwitter Trends on Twitter amid reports of mass resignations
Industry

#RIPTwitter Trends on Twitter amid reports of mass resignations

Twitter employees on Friday started a ‘#RIPTwitter’ trend as hundreds of the company’s employees are estimated to be leaving the company. The hashtag “RIPTwitter” started trending on Twitter where users shared hilarious memes and posts while highlighting that the platform might soon shut down. Elon Musk issued employees an ultimatum saying that stay with the […]

Read Story
Amazon confirms layoffs and sends emails to impacted employees
Layoffs

Amazon confirms layoffs and sends emails to impacted employees

An American multinational technology company focusing on e-commerce, Amazon has confirmed the layoffs at the company. However, The company did not reveal the exact number of employees laid off however as per the earlier reports 10,000 employees or 3 percent of its workforce were expected to be laid off. Impact on India Team These cuts […]

Read Story
Nearly 3 lakhs employees lost jobs in the last 2 months
Industry

Nearly 3 lakhs employees lost jobs in the last 2 months

Many companies have been laying employees. Most Tech Firms have fired employees due to inflation, moonlighting, and many more. Rajesh Padmanabhan, Chief Executive Officer of Talavvy Business Catalysts shared his view in a LinkedIn post, “Over 300,000 jobs lost in the last 2 months. Some more big ones queuing up. This will soon become Industry […]

Read Story
Amazon to lay off 10,000 employees, starting this week
Layoffs

Amazon to lay off 10,000 employees, starting this week

An American multinational technology company focusing on e-commerce, Amazon is planning to lay off nearly 10,000 employees. The layoffs will be starting as soon as this week. The employees will be affected in its corporate and technology sectors. This layoff will affect nearly three percent of Amazon’s corporate employees and less than one percent of its global […]

Read Story
Twitter sacks over 4,400 contractual workers without notice
Layoffs

Twitter sacks over 4,400 contractual workers without notice

Microblogging and social networking company, after firing about 50 per cent of Twitter workforce, or about 3,800 employees, now Elon Musk has laid off over 4,400 contractual workers without Notice. Separate reports from Platformer and Axios have shared the information through a series of tweets saying, “company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 […]

Read Story
After Meta and Twitter, now Amazon to layoff employees
Layoffs

After Meta and Twitter, now Amazon to layoff employees

According to reports, global e-commerce major, Amazon has announced that the company is freezing new hiring in its corporate workforce sighting due to uncertainty in the global economy. E-commerce major has told employees in some unprofitable units to look for jobs elsewhere in the company. However, the exact number is unclear. As per the WSJ report, the company will be moving to redeploy staff […]

Read Story
Indian employees fired by Meta two days after relocating to Canada
Layoffs

Indian employees fired by Meta two days after relocating to Canada

An American multinational technology conglomerate, Meta has cut over 11,000 jobs, which is nearly 13% of its workforce. It has been reported that the company sacked Indian employees two days after relocating to Canada. Himanshu V was a graduate of the Indian Institute of Technology (IIT Kharagpur). Himanshu V said that he had relocated to Canada for […]

Read Story
Communications Manager at Facebook laid off on maternity leave
Industry

Communications Manager at Facebook laid off on maternity leave

Meta has recently laid off over 11,000 jobs which are nearly 13% of its workforce. Anneka Patel is one of the employees affected by the layoffs. Anneka Patel was a Communications Manager at Facebook and has recently been laid off during her maternity leave. She shared her story on her LinkedIn profile. Anneka Patel said on […]

Read Story
Cognizant layoffs employees due to failed background checks
Layoffs

Cognizant layoffs employees due to failed background checks

An American multinational information technology services and consulting company, Cognizant India had reported 6 per cent involuntary attrition in the September ending quarter of FY22, which also includes the sacking of employees due to failed background checks. According to TOI, involuntary attrition can be thought of as a euphemism for sacking. Cognizant India Head Rajesh Nambiar said that […]

Read Story
Salesforce has laid off nearly 1000 employees
Layoffs

Salesforce has laid off nearly 1000 employees

According to CNBC, an American cloud-based software company, Salesforce has laid off hundreds of people this week. However, The company did not share an exact number but said it was less than a thousand. Overall, the technology giant plans to lay off as many as 2,500 workers, reported Protocol. However, The company did not share an […]

Read Story