termination: HR News, Trends & Workplace Insights

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

Updated on: May 2024
Cognizant Warns Employees: Defy Work From Office, Face Layoffs
Work Model

Cognizant Warns Employees: Defy Work From Office, Face Layoffs

According to Mint, an American multinational information technology services and consulting company, Cognizant has cautioned its employees that failure to comply with the directives to return to the office, despite multiple reminders, may result in termination. A letter to employees read, “Please note that failure to adhere to the directions will amount to serious misconduct as […]

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Indeed to layoff 1,000 employees, 8% of the workforce: CEO
Layoffs

Indeed to layoff 1,000 employees, 8% of the workforce: CEO

Career website, Indeed plans to layoff approximately 1,000 employees, constituting around 8% of its workforce to streamline its organizational structure. Layoffs target specific departments, primarily R&D and Go-to-Market teams, with a heavier impact in the U.S. The restructuring spares certain groups and regions but signals a strategic shift. Indeed CEO Chris Hyams underscores the targeted […]

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TCS Employee Alleges Suspension for Reporting Security Breach
Social Media

TCS Employee Alleges Suspension for Reporting Security Breach

A global leader in IT services, consulting, and business solutions company, Tata Consultancy Services (TCS) has allegedly suspended an employee after reporting a security incident. This incident was shared on the social media platform Reddit. In a post on a social media platform, the user said, “I got suspended from tcs today because of a […]

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Air India Express sacks 30 employees after mass sick leave
Industry

Air India Express sacks 30 employees after mass sick leave

Air India Express has terminated nearly 25-30 employees after mass sick leave. Moreover, the remaining employees were given an ultimatum to join duty by 4 pm today. The termination letters issued read, “An overwhelming number of other cabin crew members have also reported sick and not reported for their duties. This clearly points to a […]

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Luminar to cut nearly 20% jobs in the current year
Layoffs

Luminar to cut nearly 20% jobs in the current year

Luminar Technologies, known for its lidar sensors crucial for autonomous vehicles, has announced a significant workforce reduction of approximately 20%. Luminar Technologies is marking a pivotal aspect of its restructuring strategy for the current year. The company is undergoing a comprehensive reorganization effort. In addition to the workforce reduction, Luminar is actively exploring the option […]

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Ola Cab CEO Hemant Bakshi resigns; Company plans 200 job cuts
Layoffs

Ola Cab CEO Hemant Bakshi resigns; Company plans 200 job cuts

Hemant Bakshi, who served as CEO of Ola Cabs has resigned from his services. He joined the company 4 months back in January 2024. As per the media reports, Bhavesh Aggarwal will assume responsibility for day-to-day operations, with a new appointment on the horizon to fill Bakshi’s position. His departure coincides with the company’s announcement […]

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Healthify is reducing its workforce by 27%
Layoffs

Healthify is reducing its workforce by 27%

According to Inc 42, the World’s Largest AI Health & Fitness App, Healthify is slashing its workforce by 27% or nearly 150 employees. However, Healthify is committed to ensuring that those impacted by the restructuring are provided with the necessary resources and assistance to navigate this period of change with confidence and stability. During this […]

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Tesla persists with layoffs, aiming to cut 6,000 roles
Layoffs

Tesla persists with layoffs, aiming to cut 6,000 roles

An American multinational automotive and clean energy company, Tesla has disclosed intentions to lay off 6,020 workers in Texas and California, aligning with its strategy to tackle waning demand and shrinking margins. Recently, Tesla revealed a reduction exceeding 10% in its worldwide workforce, attributing it to the strain of diminishing sales and escalating rivalry within […]

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Nike will sack over 700 employees at Oregon Headquarters
Layoffs

Nike will sack over 700 employees at Oregon Headquarters

Nike has announced another round of layoffs to sack nearly 740 employees. On Friday, the company reported the layoffs to Oregon’s Office of Workforce Investments. In February, the company announced its plan to trim roughly 2% of its workforce, totaling over 1,600 positions. Nike told to KPTV, “We are always at our best when we’re […]

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Layoff 2024: Toshiba to cut 5,000 jobs; Google sacks 28 employees
Layoffs

Layoff 2024: Toshiba to cut 5,000 jobs; Google sacks 28 employees

In 2024 the companies have been sacking employees; Toshiba to Cut 5,000 Jobs and on the other hand, and Google will also layoff employees. According to various media reports, Toshiba Corp. is allegedly considering to Layoff its Japanese workforce by 5,000 employees. The layoff will impact nearly 7 per cent of its total workforce in […]

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TCS employees filed complaint amidst layoff upheaval
Layoffs

TCS employees filed complaint amidst layoff upheaval

The reported complaint against Tata Consultancy Services (TCS) filed by over 20 employees in the US with the US Equal Employment Opportunity Commission alleges discrimination based on race and age. The complaint suggests that the company favored individuals with H1-B visas over them in job assignments. This issue highlights the complexities and challenges surrounding employment […]

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McKinsey is offering 9 months’ pay to leave the firm & find new Job
Layoffs

McKinsey is offering 9 months’ pay to leave the firm & find new Job

Amid a sector-wide downturn, McKinsey, a global management consulting firm plans to offer compensation to numerous senior employees opting to depart, aiming to trim its workforce. This initiative reflects McKinsey’s strategy to mitigate the impact of the downturn on its operations while allowing affected employees the opportunity to explore other career paths with financial support. […]

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