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: Feb 2023

Industry

Zerodha Nikhil Kamath advice for Indian students studying abroad amid mass layoffs

Feb 22, 2023

No Layoffs at TCS, instead will like to hire impacted people

On people losing jobs with startups, amid the layoff wave, Tata Consultancy Services TCS Chief Hum...

Industry

Feb 20, 2023

No Layoffs at TCS, instead will like to hire impacted people

IT Companies find new ways to spot fraud in video interviews

Indias top two IT Companies Cognizant India amp Accenture in India laid off a few of their ...

Industry

Feb 3, 2023

IT Companies find new ways to spot fraud in video interviews

Woman sacked for being pregnant awarded Rs Lakh compensation

During the period of pregnancy, many female employees lose their jobs. As per the recent Telegraph r...

Compensation

Jan 3, 2023

Survey & Report

65% Job seekers are depressed over Layoffs, unable to give 100%

The current year has been the year of layoffs. As per the media reports, nearly 1 lakh employees lost their jobs in 2022. According to a survey by Indeed, about 65 percent of job seekers (more than 6 in 10) in India feel that the ongoing layoffs may hinder their willingness to go the extra […]

Dec 24, 2022

Industry

Fired by error, Twitter asks some laid-off workers to come back

The microblogging and social networking service, Twitter has sacked close to 3,700 people. Some of those who were laid off have been asked to return as they were fired by error. Others were let go before management realized that their work and experience may be necessary to build the new features Elon Musk envisions, the people […]

Nov 7, 2022

Layoffs

Twitter employee sleeping on office floor; Musk to cut 50% of jobs

A Viral picture shared by a Twitter employee shows his manager sleeping on the office floor at Twitter’s San Francisco headquarters. The photo was taken after Elon Musk purchased Twitter. It was reported that the microblogging company, Twitter told its staff that the company has set tasks so that it can be seen who works hard in […]

Nov 3, 2022

Labour Law

An employee can be terminated for suppressing: Supreme Court

The Supreme Court Monday said that an employee can be terminated from the service for suppressing or giving false information concerning matters having a bearing on his fitness or suitability for the post. The top court laid down broad principles of law to be taken into account especially in the case of recruitment in police […]

Sep 29, 2022

Industry

MPL and Front Row lay off 100 and 145 employees respectively

A major real-money stakes-based gaming operator, Mobile Premier League (MPL) has laid off 100 employees, or 10% of the workforce. The company has claimed that it has over 9 crore users on its platform and offers more than 60 online games such as Fantasy Cricket, Rummy, and Speed Chess with real cash prizes in paid […]

May 31, 2022

Industry

Healthtech startup MFine laid off over 500 people due to funding crunch

The Bengaluru-based, healthtech startup, MFine has laid off 500 employees as the startup struggles to raise funds. According to media reports, the job cut accounts for about half the workforce. The company was hiring employees until last month and has about 1,000 employees. It laid-off employees across data science, engineering, and product departments. Employees were […]

May 23, 2022

Industry

Robinhood to lay off 9% of full-time employees

The U.S. financial services company Robinhood Markets Inc. declared that it would be laying off about 9% of its full-time employees by removing the duplicate jobs it had added when the company saw excitable growth during the COVID-19 pandemic in 2020. Robinhood CEO Vlad Tenev announced on Tuesday that the financial services company would lay off about 9% of its […]

Apr 28, 2022

Jobs

Meesho lays off 150 employees from the grocery business

According to an ET report, e-commerce startup Meesho has laid off 150 people from its grocery business. The positions were axed after the company restructured and rebranded as Meesho Superstore from Farmiso earlier. Last week of this month, the company announced its plans to merge the grocery business with the main app, leading the talks of restructuring […]

Apr 13, 2022

Industry

Unacademy lays off 600 employees as part of a cost-cutting measure

Edtech unicorn Unacademy, which recently launched an experience centre- Unacademy Store, has laid off nearly 600 employees, almost 10% of its workforce. The SoftBank-backed start-up employs over 6,000 people, and this firing is said to be a cost-cutting measure. Sources familiar with the development said nearly half of the employees fired were educators, and they were […]

Apr 8, 2022

Industry

VMware to layoff 200 employees in India

VMware, Inc. a software company to layoff 200 employees in India VMware, Inc., an American publicly traded software company has let go of nearly 200 employees in India as part of its latest workforce rebalancing plan to align its employees to its strategic objectives. According to TOI report, earlier in this year, VMware asked 200 of […]

Aug 18, 2020

Coronavirus

Swiggy lays off 350 more employees

Swiggy is laying off 350 more employees as part of ‘final realignment exercise’ Swiggy lays off 350 more employees, two months after it shed 1,100 jobs across levels nationally to mitigate the coronavirus lockdown impact. Swiggy said in a statement, “In May, we began the exercise of realigning resources to create capacity in higher potential […]

Jul 29, 2020

Jobs

Huawei India is laying off up to 70% staff: Report

Huawei cuts India revenue target, laying off upto 70% staff– ET Report Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50% and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods. […]

Jul 28, 2020