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: Apr 2022

Industry

Musk acquired Twitter employees fear layoffs and future

Apr 27, 2022

Thousands of layoffs are planned as part of Novartis restructuring

Novartis AG has confirmed that it would cut jobs as part of a wide-ranging restructuring aimed at sa...

Industry

Apr 13, 2022

Thousands of layoffs are planned as part of Novartis restructuring

Meesho lays off employees from the grocery business

According to an ET report, e-commerce startup Meesho has laid off people from its grocery busine...

Jobs

Apr 13, 2022

Meesho lays off employees from the grocery business

Unacademy lays off employees as part of a cost-cutting measure

Edtech unicorn Unacademy, which recently launched an experience centre- Unacademy Store, has laid of...

Industry

Apr 8, 2022

Unacademy lays off employees as part of a cost-cutting measure

Industry

Furlenco lays off 180 employees, shuts operations in some cities: Report

Furlenco, the furniture rental startup has reportedly laid off between 180-200 employees involved in customer grievance redressal, scheduling, and other similar customer support functions. According to media reports, these layoffs come amidst an attempt to scale down operations, with operations in metro and non-metro cities like Ahmedabad, Kolkata, and Pune to be reduced soon. The […]

Mar 29, 2022

Industry

P&O Ferries UK shipping firm fires 800 people over 3 mints video message

P&O Ferries, UK’s leading ferry company, has fired its 800 employees with immediate effect. This sudden mass layoff is similar to what Vishal Garg did at Better.com inviting a lot of criticism on social media. The termination took place through a three-minute pre-recorded video that was leaked on the internet. This brought chaos to some […]

Mar 22, 2022

Industry

Vishal Garg CEO of Better.com who fired 900 on Zoom call takes time off

Vishal Garg, the Indian-origin CEO of US-based homeownership firm Better.com, who recently laid off 900 employees over a Zoom call and triggered widespread outrage, is taking time off from the company as it looks to build a “positive culture”, according to media reports. Garg’s leave is also effective immediately, according to a Friday email from […]

Dec 11, 2021

Jobs

Dropbox to layoff 11% of workforce, COO to step down

Dropbox to layoff 11% of workforce, COO to step down Dropbox Inc on Wednesday announced the exit of operations chief and said it will cut 11% of its global workforce, or 315 people, as the file hosting service provider shifts business resources in the wake of the COVID-19 pandemic. Shares fell nearly 6% to $22.26 after Dropbox […]

Jan 14, 2021

Jobs

Mahindra to shut Pininfarina Engineering, employees to go on strike

Mahindra to shut Pininfarina Engineering, employees to go on strike Automobile giant Mahindra Corp has decided to liquidate its Italian subsidiary Pininfarina Engineering in order to cover up for the losses faced during the pandemic and this has left the 135 employees of Pininfarina in a fix. Pininfarina Engineering offered a variety of work package […]

Dec 15, 2020

Jobs

Oyo lays off around 300 employees

Oyo lays off around 300 employees Hospitality firm Oyo has laid off around 300 employees mainly from renovation and operations departments, according to sources in know of the matter. This has been done in order to build a long-term sustainable business as the company has introduced some operational changes aligned with the current business realities, the sources […]

Dec 9, 2020

Jobs

Danone to cut upto 2,000 jobs globally to revive profitability

Danone to cut upto 2,000 jobs globally to revive profitability Danone will cut as many as 2,000 jobs, including one in four positions at its global headquarters, as the world’s largest yogurt maker attempts to revive profitability after getting hit by the coronavirus pandemic harder than other rivals. The company said Monday it’s considering moving […]

Nov 24, 2020

Jobs

Cognizant 2020 Fit For Growth plan: 7,000 mid, senior-level employees laid off

Cognizant 2020 Fit For Growth plan: 7,000 mid, senior-level employees laid off In October 2019, the Teaneck-based IT services firm Cognizant had announced the “2020 Fit for Growth” plan. As a part of the plan, it would lay off 12,000 mid to senior level employees, of which 5,000 will be reskilled and redeployed. The rest […]

Nov 15, 2020

Jobs

Accenture offers 7 months salary as Severance Payout

Accenture is Offering 7 Months Salary as Severance Payout amid Corona Layoff Many companies have trimmed their headcounts by laying-off their employees in sectors during the corona pandemic period. Accenture too had laid-off their employees; however, this company is offering a 7-month severance package to its employees. Earlier in the month of August, according to […]

Sep 27, 2020

Jobs

Dell Technologies confirms layoff globally, including India

Dell Technologies confirms layoff globally, to cut costs Dell Technologies Inc. on Monday notified employees that it will eliminate jobs this week as the hardware giant seeks to cut costs while navigating a faltering global economy. During a quarterly all-hands meeting Monday, Dell’s Jeff Clarke told staff that the workforce reductions won’t be limited to any specific […]

Sep 16, 2020

Coronavirus

150-200K IT/ITeS people are likely to lose their jobs

At least 150 to 200K IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19 At least 150,000 to 200,000 IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19, Business Standard reports. The Indian IT and BPM sector employs around 4.4 million people, directly […]

Aug 31, 2020

Jobs

Accenture layoffs target up to 25,000 low performers

Accenture layoffs target up to 25,000 low performers: Report Accenture is cutting as many as 25,000 jobs around the world as it seeks to pare down its nearly half-a-million strong workforce, according to a published report. The Australian Financial Review reported that a first round of cuts happened earlier this month and more are expected […]

Aug 26, 2020