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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: Jul 2020
Accenture cuts up to jobs as Covid- hits demand
Coronavirus

Accenture cuts up to jobs as Covid- hits demand

Jul 3, 2020

Airbus plans restructuring, thousands of job cuts

Airbus finalizing thousands of job cuts as CEO confirms reduction in output European aerospace c...

Jobs
Jun 30, 2020
Airbus plans restructuring, thousands of job cuts

Cognizant started laying off bench employees

Cognizant started laying off bench employees, the number could reach up to , employees Cognizan...

Coronavirus
Jun 25, 2020
Cognizant started laying off bench employees

BMW to lay off , contract workers- Report

BMW has confirmed that the German manufacturer is looking at axing at least , contract workers,...

Coronavirus
Jun 22, 2020
BMW to lay off , contract workers- Report
DXC Technology lays off some staff in India
Jobs

DXC Technology lays off some staff in India

DXC Technology lays off some staff in India as global cost optimization exercise US-based IT services firm DXC Technology has started a fresh round of layoffs in India. The move was described by analysts as being part of a global cost optimization exercise. According to a TOI report, the affected employees were offered either two […]

Jun 18, 2020
India to lose 130 million jobs amid lockdown: Report
Coronavirus

India to lose 130 million jobs amid lockdown: Report

According to a report by Genius Consultants, India is set to lose around 130 million jobs in the midst of the Covid-19 crisis. In which 40 percent would be from the blue-collar domain. Major job losses, according to the report will be in sectors like aviation, automobile, travel and tourism, food, entertainment, and to […]

Jun 15, 2020
Shoppers Stop lays off 1,100 employees, 15% of total staff
Coronavirus

Shoppers Stop lays off 1,100 employees, 15% of total staff

Shoppers Stop, an Indian department store chain, owned by the K Raheja Corp lays off more than 1,100 employees and closing some of the underperforming stores due to the Covid-19 pandemic and national lockdown. The company has 7,500 employees, and nearly 15% of total staff strength, mostly junior and mid-level staff have been asked to resign […]

Jun 13, 2020
Atlas Cycles shuts down Sahibabad unit, laid off all workforce
Industry

Atlas Cycles shuts down Sahibabad unit, laid off all workforce

After years of losses incurred from its Sahibabad factory in Uttar Pradesh, Atlas Cycles has decided to shut down the unit on 1 Jun 2020. After consideration of the above matter and detailed deliberations, the board of directors of the company has resolved to close the Sahibabad unit and the company informed the National Stock […]

Jun 3, 2020
MakeMyTrip is laying off about 350 employees
Coronavirus

MakeMyTrip is laying off about 350 employees

MakeMyTrip announced that it is laying off about 350 employees due to the global travel ban because of the COVID-19 pandemic. Gurugram based, online travel aggregator MakeMyTrip is laying off around 350 employees, or 10% of its workforce, citing business slowdown due to the global travel restrictions to combat the spread of COVID-19. Group Executive […]

Jun 2, 2020
Zomato brings out Talent Directory to help its laid-off employees find a new job
Coronavirus

Zomato brings out Talent Directory to help its laid-off employees find a new job

After global firms like Uber, Airbnb, homegrown food delivery major, Zomato brings out a unique Talent Directory to help its laid-off employees find a new job. Talent Directory is a live list of the laid-off employees to assist the recruitment agencies, hiring managers to browse some of the talented individuals who have worked with Zomato through […]

Jun 1, 2020
Home Credit India lays off 1,800 employees
Coronavirus

Home Credit India lays off 1,800 employees

Consumer loan finance firm Home Credit India on Thursday said it has reduced its headcount by 1,800 employees due to slowdown caused by the COVID-19 crisis. “The unprecedented coronavirus pandemic has affected every aspect of our life. It has impacted each one of us, our families, our customers, partners and businesses. These trying circumstances have […]

May 29, 2020
Cognizant offers the voluntary separation package for US employees
Coronavirus

Cognizant offers the voluntary separation package for US employees

Cognizant Technology Solutions has announced a voluntary separation package (VSP) for its US employees. The Coronavirus crisis has pushed many companies to take tough decisions, with the same line, Cognizant is laying off employees without active projects. The Company is offering a voluntary separation package for US employees who move to the bench between May […]

May 27, 2020
Uber India Lays Off 600 Employees Amid Slowdown
Coronavirus

Uber India Lays Off 600 Employees Amid Slowdown

Uber India lays Off 600 employees amid slowdown, a 25% of total workforce 2,400 in the country Uber India on Tuesday, 26 May, announced to lay off around 600 full-time employees due to the impact of the coronavirus crisis, a week after Ola slashed its workforce. The affected employees would be from across driver and rider support among […]

May 26, 2020
Cleartrip has laid off 400-500 employees
Coronavirus

Cleartrip has laid off 400-500 employees

Cleartrip has laid off 400-500 employees. the company’s spokesperson said the Covid-19 crisis has caused severe business disruption in the travel industry. The spokesperson said, “we have had to reluctantly downsize our workforce. We are providing all necessary support to affected employees.” When TOI asked about the number of employees affected, the company declined to share details. It has around 1,000 employees. […]

May 23, 2020