Latest Layoffs HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Layoffs.
Ford Motor Company is planning to lay off nearly , employees in the coming weeks to boost funds ...
San Francisco-based online interior design services startup Modsy has shut down and laid off all of ...
A lifestyle brand focused on gaming content, esports, and apparel, Thieves has laid off dozens o...
Google will slow hiring for the rest of the year. Chief Executive Sundar Pichai has informed about the same to employees. Pichai wrote, “Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days. In some cases, that means consolidating where investments overlap and streamlining […]
Electric vehicle maker, Tesla has laid off 229 annotation employees from its Autopilot team and closed one of its offices in the US. Tesla laid-off employees from its San Mateo office which has employed 276 workers. The remaining 47 employees may be sent to work in Tesla’s Buffalo Autopilot office. According to reports, “Most of the […]
American multinational technology corporation, Microsoft has announced that it will be slashing some jobs because it realigned enterprise teams and roles after the shut of its fiscal 12 months on June 30. Microsoft will let go “small number of employees” due to a “strategic alignment. The layoffs, affect lower than 1 percent of this total workforce […]
US-based autonomous vehicle technology startup, Argo AI layoffs about 150 employees as it makes adjustments to its business plans. The layoffs will be 5% of the Workforce. The company still has a global workforce of more than 2,000 employees. The company, backed by Ford Motor Co and Volkswagen AG, said “with incredible growth and progress […]
Electric vehicle maker, Tesla former employees have been represented by a team of lawyers to seek emergency protection from a US court for the fired workers. Last month Tesla announced its plans to cut 10 percent of its salaried workforce. The company’s main allegations presented on the behalf of the formal employees are that the company […]
India’s largest mobility platform and one of the world’s largest ride-hailing companies, Ola may lay off around 400-500 employees to drive cost-efficiency. The layoffs have been in results as in April 2022, Ola Dash scaled down its operations from 9 cities to 3 cities and dismissed over 2,100 contract workers. In June 2022, it shut down […]
Cryptocurrency lending platform, Celsius has laid off 150 employees which are 25% of its workforce. The layoffs have been done as the global crypto market goes through its worst meltdown. Celsius has informed, “We are focused and working as quickly as we can to stabilise liquidity and operations, in order to be positioned to share […]
As the tech and startup sector gets hammered by economic meltdown, more that 22,000 workers in the sector have lost jobs in 2022, along with more than 12,000 in the Indian startup ecosystem. Startups, especially the ones who benefited from a pandemic boom, are feeling the pressure as valuations, particularly at the late stage, have […]
Telecom equipment supplier Parallel Wireless has laid off at least 500 employees in India, Israel, UK, and US. The ‘Huge firings’ at Parallel Wireless as CEO blames economic conditions. RIU Global Services Pvt. Ltd. confirmed the layoffs through a LinkedIn post and said, “Yesterday, Parallel Wireless announced the layoff of 500 employees. While this is disappointing news for […]
According to the US media reports, Electric vehicle maker, Tesla is closing its office in San Mateo, California. Estimated job cuts are nearly 200 as part of a broader cost-cutting effort. The employees involved reportedly worked on the analysis of data from the vehicles’ autopilot driver assistance system. Tesla CEO Elon Musk said in an interview that Tesla’s new […]
WhiteHat Jr, an Indian online educational technology company has laid off 300 employees due to cost cuts. This is the latest company among the startups globally to lay off its workforce due to the market downturn. This comes at the back of mass layoffs, restructuring, and shutdowns in the Edtech sector. The employees from the sales and […]
Business-to-business (B2B) e-commerce startup Udaan has laid off 5 percent of its workforce, or 180-200 employees. The company has termed the layoff as “unusual” and called it an “efficiency enhancement exercise”. Udaan said the layoffs have happened across various department functions. The company had an employee strength of around 4,000 before the layoffs. The company added that […]
