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: Oct 2022
Wipro fired senior employees in 10 mints for huge integrity violation
Industry

Wipro fired senior employees in 10 mints for huge integrity violation

India’s IT services provider company, Wipro Chairman Rishad Premji has said the company sacked its top 20 leaders in ten minutes. The company laid off the employees after it was found to have committed a “huge integrity violation“. The policy is black and white for any kind of integrity violation or harassment, he stressed on October 19. […]

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Johnson & Johnson plans to cut jobs despite profitable quarters
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Johnson & Johnson plans to cut jobs despite profitable quarters

The largest and most broadly based healthcare company in the world, Johnson & Johnson company has said that it will cut some jobs due to inflationary pressure and challenges created by the strong dollar. The company posted better-than-expected Q3 earnings. However, there will be various job functions that would be affected and layoffs will be due to a […]

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Microsoft continues layoffs, nearly 1,000 Jobs to be cut: Report
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Microsoft continues layoffs, nearly 1,000 Jobs to be cut: Report

An American multinational technology corporation, Microsoft has laid off nearly 1,000 people in a fresh round of layoffs. This is the third round of layoffs at the Big Tech firm since July. It is excepted that the layoffs will be across multiple divisions as the revenue of the company is expected to slow down in the […]

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Suniel Shetty’s advice on Layoffs be like Rahul Dravid
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Suniel Shetty’s advice on Layoffs be like Rahul Dravid

Actor and Producer Suniel Shetty has shared a LinkedIn post expressing his opinion on layoffs. However, the actor did not mention any specific name of the company. Recently, A global ed-tech company, Byju announced that it will be laying off nearly 5 percent of the workforce or 2,500 employees. Suniel Shetty’s in his post said, “A recent article […]

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After Byju’s, Ed-tech firm FrontRow also lays off 75% workforce
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After Byju’s, Ed-tech firm FrontRow also lays off 75% workforce

Bengaluru-based ed-tech startup FrontRow, a learning platform for non-academic skills has laid off 30 employees nearly 75 percent of its workforce. The company has sacked employees from the departments including the engineering, product, sales, and marketing teams. Ishaan Preet Singh, co-founder of FrontRow said, “We’re extremely proud of the team that got together to build the future of non-academic […]

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Infosys layoffs employees for moonlighting
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Infosys layoffs employees for moonlighting

An Indian multinational information technology company, Infosys has fired a few employees in recent months for moonlighting. However, the exact numbers are not mentioned. CEO Salil Parekh said, “If we have found employees doing work in two different companies, where there are confidentiality issues, we have let them go in the last 12 months.” However, Parekh also said […]

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Byju’s to layoff 2500 employees
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Byju’s to layoff 2500 employees

As per the company’s statement, A global ed-tech company, Byju’s will be laying off nearly 5 percent of the workforce or 2,500 employees. The company said the layoffs are a step to cut costs and achieve overall profitability. It added that lay off of employees will be across the departments to cut costs. The layoffs will not […]

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Intel Corporation plans to layoff thousands of employees
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Intel Corporation plans to layoff thousands of employees

An American multinational corporation and technology company, Intel Corporation is planning thousands of Job cuts due to a slowdown in the personal computer market. As per Bloomberg reports, the layoffs will affect nearly 20% of employees. The layoffs will be announced as early as this month and some of Intel’s divisions. The other departments that will […]

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This CEO wants people to be happy that he laid off 500 employees
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This CEO wants people to be happy that he laid off 500 employees

Peloton, US exercise, and fitness equipment company, CEO Barry McCarthy has announced to lay off nearly 500 employees. These Job cuts are 12 percent of the total workforce. Earlier, in August the company laid off roughly 780 employees. The previous layoffs were the result of several stores shut down and hiked prices on bikes and […]

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Facebook may lay off 12000 employees
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Facebook may lay off 12000 employees

Meta is reportedly conducting ‘quiet layoffs‘ at Facebook that may lead to thousands of job cuts — at least 12,000 or about 15 per cent of its workforce. According to a report in Insider, the senior executives are in the process of executing “quiet layoffs” of underperforming workers. Several employees told Insider that as much as 15 […]

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EPAM sacks 100 in India, revokes offers
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EPAM sacks 100 in India, revokes offers

An American company that specializes in service development, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania, EPAM Systems has asked nearly 100 Indian employees to resign from the organization. The employees are forced to resign across EPAM Systems and EPAM Anywhere. According to ET, These employees are not tagged to any specific […]

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No hirings, more layoffs soon: Mark Zuckerberg to employees
Industry

No hirings, more layoffs soon: Mark Zuckerberg to employees

The social media and technology company, Meta Founder and CEO Mark Zuckerberg has said that the company is freezing hiring across the board. The company has also warned that more layoffs are in the pipeline. Zuckerberg mentioned during the last Meta earnings call that ‘Our plan is to steadily reduce headcount growth over the next […]

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