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: Aug 2020

Industry

VMware to layoff employees in India

Aug 18, 2020

Swiggy lays off more employees

Swiggy is laying off more employees as part of final realignment exercise Swiggy l...

Coronavirus

Jul 29, 2020

Huawei India is laying off up to staff Report

Huawei cuts India revenue target, laying off upto staff ET Report Chinese telecom company...

Jobs

Jul 28, 2020

Huawei India is laying off up to staff Report

Accenture cuts up to jobs as Covid- hits demand

Accenture cuts up to jobs in UK as Covid- pandemic hits demand Consulting firm Accenture is cu...

Coronavirus

Jul 3, 2020

Jobs

Airbus plans restructuring, thousands of job cuts

Airbus finalizing thousands of job cuts as CEO confirms 40% reduction in output European aerospace company, Airbus was finalizing an imminent restructuring plan expected to include thousands of job cuts on Monday as its chief executive confirmed plans to hold output down by 40% for two years. Airbus could set out its largest ever reorganisation […]

Jun 30, 2020

Coronavirus

Cognizant started laying off bench employees

Cognizant started laying off bench employees, the number could reach up to 18,000 employees Cognizant has started terminating its bench employees, the process is simple– move to the bench and induced resignation after 41 days. Moneycontrol also reports, the terminations are happening at the associate level, mostly mid-level employees, and above, those employees who are […]

Jun 25, 2020

Coronavirus

BMW to lay off 10,000 contract workers- Report

BMW has confirmed that the German manufacturer is looking at axing at least 10,000 contract workers, in an effort to reduce its capacity due to the coronavirus crisis and help mitigate growing costs. According to Reuters to The Munich-based company said earlier on Friday it had reached an agreement with the works council for a […]

Jun 22, 2020

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

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

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

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

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

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

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

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

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