Latest termination HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on termination.
Electric vehicle maker,nbspTesla has laid off annotation employees from its Autopilot team and...
American multinational technology corporation, Microsoftnbsphas announced that it will be slashing...
US-based autonomous vehicle technology startup, Argo AI layoffs about employees as it makes adju...
India’s largest mobility platform and one of the world’s largest ride-hailing companies, Ola may lay off around 400-500 employees to drive cost-efficiency. The layoffs have been in results as in April 2022, Ola Dash scaled down its operations from 9 cities to 3 cities and dismissed over 2,100 contract workers. In June 2022, it shut down […]
Cryptocurrency lending platform, Celsius has laid off 150 employees which are 25% of its workforce. The layoffs have been done as the global crypto market goes through its worst meltdown. Celsius has informed, “We are focused and working as quickly as we can to stabilise liquidity and operations, in order to be positioned to share […]
Telecom equipment supplier Parallel Wireless has laid off at least 500 employees in India, Israel, UK, and US. The ‘Huge firings’ at Parallel Wireless as CEO blames economic conditions. RIU Global Services Pvt. Ltd. confirmed the layoffs through a LinkedIn post and said, “Yesterday, Parallel Wireless announced the layoff of 500 employees. While this is disappointing news for […]
According to the US media reports, Electric vehicle maker, Tesla is closing its office in San Mateo, California. Estimated job cuts are nearly 200 as part of a broader cost-cutting effort. The employees involved reportedly worked on the analysis of data from the vehicles’ autopilot driver assistance system. Tesla CEO Elon Musk said in an interview that Tesla’s new […]
WhiteHat Jr, an Indian online educational technology company has laid off 300 employees due to cost cuts. This is the latest company among the startups globally to lay off its workforce due to the market downturn. This comes at the back of mass layoffs, restructuring, and shutdowns in the Edtech sector. The employees from the sales and […]
Business-to-business (B2B) e-commerce startup Udaan has laid off 5 percent of its workforce, or 180-200 employees. The company has termed the layoff as “unusual” and called it an “efficiency enhancement exercise”. Udaan said the layoffs have happened across various department functions. The company had an employee strength of around 4,000 before the layoffs. The company added that […]
The world’s leading streaming entertainment service, Netflix has laid off 300 employees which is about 4% of its workforce. Netflix in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers. Earlier, the company had laid off 150 workers due to slowing revenue growth. Netflix lays off 300 employees in […]
Amid CEO Elon Musk’s “woke mind virus” concerns, Electric vehicle company, Tesla has laid off both the President and a Lead involved in diversity and inclusivity programs at the company of its LGBTQ+ community. While they were let go as part of a broader wave of layoffs, it comes amid several comments CEO Elon Musk […]
Two former Tesla employees have filed a lawsuit against the electric vehicle giant. The employees were laid off from the Nevada Gigafactory. The lawsuit alleges the company’s decision to lay off more than 500 workers during May and June. Further, it stated that the employees laid off without due notice constitutes a breach of the workers’ rights. […]
The Gurugram-based Social commerce CityMall is slashing 191 jobs as it looks to better navigate the sharp reversal in the markets. The layoff impacts at least 30% of the three-year-old startup’s workforce. The startup said two months ago that it had over 500 employees. The Company said on Layoffs, “191 of our employees will be parting […]
The Edtech platform, Unacademy has recently fired a small fraction of its workforce which is 150 employees (2.6% of the workforce). The workforce has been asked to leave as part of a performance improvement programme (PIP). These layoffs currently affected the PrepLadder team that is based out of Chandigarh. This is the company’s second round […]
According to media reports, a Tata Consultancy Services (TCS) employee Thirumalai Selvan, an IT engineer, was terminated in 2015 after over eight years of service with the organization. After a legal battle for seven years, the labour court in Chennai has finally ruled in favor of the employee and has directed TCS to reinstate the […]
