termination: HR News, Trends & Workplace Insights

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Updated on: Apr 2023

Layoffs

Simpl to layoff , Twitters rival Koo to sack staff

Apr 20, 2023

Meta to look more layoffs across Facebook, WhatsApp, Instagram

In accordance with Bloomberg Reports, Meta formerly known as Facebook will layoffs companywide as it...

Layoffs

Apr 19, 2023

EY to sack , Jobs or nearly of its workforce

One of the Big Four accounting firms, Ernst amp Young EY will cut , Jobs or nearly of its...

Layoffs

Apr 18, 2023

EY to sack , Jobs or nearly of its workforce

Hiring slow down, TCS adds only , employees in FY

The year started with the layoff note. The major IT companies have laid off employees, slowing ...

Industry

Apr 14, 2023

Hiring slow down, TCS adds only , employees in FY

Industry

Accenture is delaying onboarding for new-hire on top of job cuts

According to the reports of Livemint, An Irish-American professional services company, Accenture is delaying onboarding for new-hire and considering the start date of new hires. The reports further emphasized that the company’s recruiter apologized for the delay and said “The decision was made to create the best possible new joiner experience. One of the joiners affected by the […]

Apr 14, 2023

Layoffs

IT company cuts 13% workforce of global team; read founder email

IT company, Amplitude co-founders Spenser Skates, Curtis Liu, and Jeffrey Wang sent an email announcing the decision to reduce the company’s global team by 13%. Amplitude is a digital analytics platform that gives self-service visibility into the entire customer journey. The IT company has the brain behind more than 45,000 digital products at over 1,000 […]

Apr 13, 2023

Industry

Google rolls back its COVID vaccine policy, Pichai on mass layoffs

Earlier Google had announced to elimination or reduction of several perks, including some of the company’s micro kitchens. This provided employees with free snacks like cereal, espresso, and seltzer water. The company was making changes in its companywide benefits as it seeks to reallocate funds and create cost-cutting measures. The company has suspended the provision of […]

Apr 12, 2023

Layoffs

Practo sacks 41 employees; Tips entering startups during layoffs

Healthtech startup Practo has sacked nearly 41 employees due to Performance Issues. “As always, we are and will remain fully committed to providing the requisite support to all employees who may be impacted,” said Practo, in a statement. The company has terminated the employees based on the performance management and planning process. However, the company is […]

Apr 10, 2023

Layoffs

Google & Amazon offering upto 1 year salary to leave voluntarily

According to the reports of the Business Standard, Both the tech companies Google & Amazon have recently announced the sack of thousands of employees. However, the companies are offering salaries so they leave voluntarily. Google Speaking about the geographical bifurcations in Europe mass layoffs are not possible due to labor protections. Prior to the layoffs, […]

Apr 7, 2023

Compensation

Amazon to plans to cut Stock Awards & fire hundreds of employees

The e-commerce technology company, Amazon has recently announced to sack more than 100 employees from its gaming division. The company is ongoing efforts to restructure and streamline its operations resulting in layoffs. The company’s Games VP Christoph Hartmann wrote a memo to staff and informed them about the job cuts. Christoph Hartmann wrote, “After evaluating […]

Apr 6, 2023

Industry

Virgin Orbit COO calls out company leadership for failures

According to the CNBC reports, Recently, Small-satellite launch provider Virgin Orbit was ceasing its operations. The company failed to secure a funding plan. Virgin Orbit is looking to sell assets in its bankruptcy filing. Hence, The company laid off 675 employees nearly 85% of its workforce. The company’s chief operating officer (COO) Tony Gingiss has […]

Apr 5, 2023

Layoffs

‘Rollercoaster of emotions,’ says Microsoft employee fired after 25 yrs of job

The year 2023 started off with the layoff note. Many Tech companies have sacked lakhs of employees. Recently, Microsoft conducted another round of layoffs which affected 10,000 employees. Among the affected employees who lost their jobs a woman named Ann Pfeiffer has shared her experience. The company has fired the employee after over 25 years of service. […]

Apr 5, 2023

Layoffs

McKinsey & Company to slash 1,400 jobs this week

According to a Bloomberg report, Consulting giant McKinsey & Company is embarking on a rare round of major job cuts, with plans to eliminate about 1,400 jobs this week. The job cut is nearly 3% of the total workforce. The company is laying off employees due to a global economic downturn. The company is restructuring […]

Mar 29, 2023

Layoffs

Employee sacked for reheating food in the company’s microwave

The year 2023 started on a layoff note. So far in 2023, there have been 708 layoffs at tech companies with 211,140 people impacted (2,427 people per day). In 2022, there were 1,535 layoffs at tech companies 241,176 people were impacted. There can be many reasons behind sacking an employee. Companies are laying off employees due to poor performance, cost-cutting, or due to economic uncertainty. […]

Mar 28, 2023

Layoffs

GitHub sacks entire engineering team in India

Microsoft-owned, AI-powered developer platform GitHub has sacked its entire engineering team operating in India. This has affected nearly 100 employees. Gergely Orosz, Tech writer has shared the information through a Tweet, “What I am hearing: GitHub’s India engineering team is no more. Yesterday, the complete dev team was let go at once. We’re talking of […]

Mar 28, 2023

Industry

Flipkart’s Chief People Officer confirms no mass layoffs at Flipkart

The e-commerce company Flipkart Krishna Raghavan, the Chief People Officer has said that there will be no mass layoffs in the company. In the conversation with mint Krishna Raghavan told that the company will not be offering salary hikes to senior management officials and also would not lead to any job cuts. Additionally, the company will not delay […]

Mar 27, 2023