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Lays off: HR News, Trends & Workplace Insights

Latest Lays off HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Lays off.

Updated on: Sep 2023
FedEx announces layoff, Citigroup prepares for job cuts
Layoffs

FedEx announces layoff, Citigroup prepares for job cuts

Sep 15, 2023

Alphabet, Googles parent company lays off hundreds of employees

The tech giant Googles parent company Alphabet will be laying off hundreds ofnbspemployees ...

Layoffs
Sep 14, 2023
Alphabet, Googles parent company lays off hundreds of employees

UBS to cut jobs in Asia, Chargebee lays off workforce

UBS Group AGnbspis cutting Asia wealth-management jobs in the low hundreds, just months after comp...

Layoffs
Sep 12, 2023
UBS to cut jobs in Asia, Chargebee lays off workforce

Bengaluru-based startup fired employees helping find new jobs

Sambhav Jain and Kush Taneja, co-founders of Bengaluru-based startup fintech app Farm has announced ...

Layoffs
Aug 3, 2023
Bengaluru-based startup fired employees helping find new jobs
Spinny used car retailer to cuts jobs to boost profitability
Layoffs

Spinny used car retailer to cuts jobs to boost profitability

A new-age used car end-to-end platform in India, Spinny will cut around 300 jobs in order to boost profitability. Spinny has about 6,000-6,200 employees and the sackings affect 5 percent of the workforce. The company is currently operating in Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Kolkata, Chennai, Ahmedabad, Jaipur, Chandigarh, Indore, Coimbatore, Lucknow, Kochi and Surat. […]

Aug 3, 2023
Layoffs in July 2023 include toxic culture, breach of ethical code…
Layoffs

Layoffs in July 2023 include toxic culture, breach of ethical code…

The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day). In July 2023 14,392 people lost their jobs. In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that […]

Aug 2, 2023
Overestimation of demand led to post-COVID job cuts: Minister
Layoffs

Overestimation of demand led to post-COVID job cuts: Minister

In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated, “If we look at the tech space, layoffs occurred post-Covid. It happened to companies like Google, Microsoft, Meta, and even smaller startups. When the world was emerging from Covid, everyone […]

Jul 25, 2023
Company sacks ‘Top Performer’ to set an example for others
Social Media

Company sacks ‘Top Performer’ to set an example for others

Employees are the backbone of any organization. However, a Reddit user posted about a company that had unexpected and questionable behavior on social media, which gained significant attention and criticism. According to the user, the company fired one of its most accomplished employees. The post said, “Honestly, a lot of things have been going down at […]

Jul 21, 2023
Over 3 Lakhs employees (1,600 people per day) laid off in 2023
Layoffs

Over 3 Lakhs employees (1,600 people per day) laid off in 2023

The year 2023 has been a year of layoffs over 3 Lakhs employees (1,600 people per day) were laid off in 2023. The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]

Jul 20, 2023
Dukaan 90% of customer support staff replaced with AI chatbot
Layoffs

Dukaan 90% of customer support staff replaced with AI chatbot

A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]

Jul 12, 2023
Almost 50% of employees in India feel insecure in their jobs
Survey & Report

Almost 50% of employees in India feel insecure in their jobs

The year 2023 started on a layoff note so far in 2023, there have been 1,206 layoffs at tech companies with 315,916 employees impacted (1,672 people per day). In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly […]

Jul 8, 2023
OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees
Layoffs

OLX to slash 800 jobs worldwide; Grab to layoff 1000 employees

OLX Group, the online marketplace and classifieds business arm of Prosus, has announced the reduction of approximately 800 jobs worldwide The company has started shutting down operations of its automotive unit, Olx Autos, in certain markets after exploring potential buyers and investors 6 months earlier, OLX’s planned to reduce its global workforce by 1,500 employees […]

Jun 21, 2023
Mamaearth’s Momspresso, Oracle & more laid off many employees
Layoffs

Mamaearth’s Momspresso, Oracle & more laid off many employees

The Layoffs are never-ending recently Mamaearth’s Momspresso, Oracle and TrueCar have laid off several employees. India’s largest user-generated content platform for women, Mamaearth’s Momspresso has laid off 80–100 employees. As reported by The Hindu Business Line, it will impact the brand marketing vertical. In 2021, Mamaearth acquired a majority stake in the parenting platform Momspresso. Momspresso […]

Jun 16, 2023