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: Sep 2022
Ola takes a U-turn on layoff plans, cancels decision of 200 layoff
Industry

Ola takes a U-turn on layoff plans, cancels decision of 200 layoff

India’s largest mobility platform and one of the world’s largest ride-hailing companies, Ola has decided not to lay off its engineers for now. With the rising inflation post-COVID-19. The companies either have laid off employees or have slowed down the hiring process. This news has come as a relief for the employees. However, Ola has […]

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Wipro has terminated 300 employees for moonlighting
Layoffs

Wipro has terminated 300 employees for moonlighting

India’s IT services provider company, Wipro has laid off 300 employees who were found working with its competitor companies at the same time employment with Wipro. Wipro Chairman Rishad Premji said on 21 September that their employment has been terminated for an “act of integrity violation”. “The reality is that there are people today working […]

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Ola clarifies laying off 200 engineers to ‘centralize’ operations
Industry

Ola clarifies laying off 200 engineers to ‘centralize’ operations

India’s largest mobility platform and one of the world’s largest ride-hailing companies, earlier there have been reports that Ola will lay off 500 employees. Earlier, CNBC had reported that the company’s nearly 500 employees are being laid off from the various software verticals of ANI technologies which operate as Ola Cabs. However, now the company dismissed […]

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Tencent layoffs gaming news site Fanbyte’s employees
Layoffs

Tencent layoffs gaming news site Fanbyte’s employees

A Chinese multinational technology and entertainment conglomerate, Tencent have laid off the entire editorial workers at their online gaming publication -Fanbyte. The layoffs have affected the positions of editor-in-chief, head of media, options editor, social editor, information editor, graphic designer, podcast producer, and several other writers. Tencent workers who have been booted out posted their […]

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Twilio to lay off 11 per cent of employees
Layoffs

Twilio to lay off 11 per cent of employees

Communications software provider company Twilio has announced that it will be laying off 11% of its workforce between 800 and 900. In a message to staff, CEO Jeff Lawson called the layoffs “wise and necessary,” blaming them partially on Twilio’s rapid growth over the last several years and “[lack of focus]” on key priorities. “I take responsibility […]

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HCL lays off 350 employees working on Microsoft project: Report
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HCL lays off 350 employees working on Microsoft project: Report

According to reports, India’s IT services provider, HCL Technologies has laid off 350 employees globally who were working on its client Microsoft’s news-related products. The layoffs have affected the employees who were working on its client Microsoft’s news-related products due to tough global market conditions. The lay off were from across geographies including Guatemala, the Philippines, […]

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Goldman Sachs plans job cuts
Layoffs

Goldman Sachs plans job cuts

A leading global investment banking, securities, and investment management firm, Goldman Sachs is preparing for layoffs that could come as early as this month. According to people with knowledge of the matter, The company is planning to eliminate several hundred roles starting this month. While the total number is less than some previous rounds. Goldman Sachs chief […]

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Micro-Blog Company Koo layoffs 40 employees
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Micro-Blog Company Koo layoffs 40 employees

The Micro-Blog Company, Koo has laid off nearly 40 employees. The company is realigning its workforce for the current business requirements. The current layoffs will be impacting the operations and backend teams mainly from the Delhi and Northern Region locations. However, the company will continue to “recruit talent especially as far as engineering and machine […]

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Calvin Klein owner PVH Corp. to layoff 10% workforce
Layoffs

Calvin Klein owner PVH Corp. to layoff 10% workforce

According to media reports, PVH Corp, the owner of the Calvin Klein and Tommy Hilfiger brands announced job cuts due to the rising inflation. The fashion giant said in a statement that it is planning to reduce people costs in its global offices by approximately 10%” by the end of next year to improve efficiency. “We […]

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3M plans for Job cuts & layoffs
Industry

3M plans for Job cuts & layoffs

According to Bloomberg, An American multinational conglomerate operating in the fields of industry, 3M is planning Job cuts and Layoffs. It is expected that the company plans to realign and reduce its structure from the safety and industrial division. According to the message, 3M is planning to streamline its portfolio and rethink business processes, as […]

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Snap laying off around 1,280 employees
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Snap laying off around 1,280 employees

The parent company of Snapchat, Snap is laying off 20 percent of the workforce which is nearly 1,280 employees. According to a report in The Verge, The company has been planning these layoffs for several weeks. The layoffs which began on Wednesday will impact certain verticals more than others. Snap is currently employing more than 6,400 people. The company’s Chief […]

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Meesho shuts down grocery business, cuts 300 jobs
Layoffs

Meesho shuts down grocery business, cuts 300 jobs

Homegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90 per cent of cities in India (except Nagpur and Mysuru), resulting in several job losses. According to an Inc42 report, nearly 300 employees have lost jobs after the shuttering of Meesho Superstore. When reached, the company did […]

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