Latest termination HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on termination.
Earlier in June, An Indian multinational educational technology company, Byjus had laid off over ,...
According to reports, An American multinational conglomerate holding company FedEx will sack a few e...
The tech giant Googles parent company Alphabet will be laying off hundreds ofnbspemployees ...
UBS Group AG is cutting Asia wealth-management jobs in the low hundreds, just months after completing its takeover of rival Credit Suisse as the bank responds to muted client activity and China’s slowing economy. According to various media reports, UBS plans to cut a minimum of 100 positions, including roles such as relationship managers in Hong […]
According to a Reuters report, Barclays is planning to cut hundreds of jobs across its trading and investment bank divisions. British lending group is planning to remove about 5% of client-facing staff in the trading division along with some dealmakers globally, as well as restructure teams within its UK consumer-banking unit. A Barclays spokesperson said, […]
The year 2023 has been a year of layoffs there have been 1,489 layoffs at tech companies with 341,544 people impacted (1,383 people per day). The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]
Byju’s layoffs: India’s largest ed-tech company, Byju’s asked employees to resign voluntarily after performance review, according to reports. There are nearly 400 employees who are impacted in mentoring and product expert division and HR has informed about the layoffs. Employees placed under performance review last month were reportedly asked to resign on August 17. “The […]
There has been a decrease in the headcount and layoffs in 2023 that have raised questions about the Job Market facing recession & lack of jobs. In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that the overestimation of demand led to post-COVID job cuts. Rajeev Chandrasekhar stated, “If we look at […]
An American multinational technology company, Amazon has sacked an employee after 9 years of service she said that being part of a layoff isn’t easy. Shylo Staats, shared a post on LinkedIn saying, “After 9 years, I’m bid farewell to Amazon. Being part of the layoffs isn’t easy, but I’m filled with gratitude.” “I am grateful […]
The Founder and CEO of Meta Mark Zuckerberg and his wife Priscilla Chan have reportedly laid off 48 employees from their organization the Chan Zuckerberg Initiative (CZI). According to reports, the impacted employees will be given 16 weeks of basic pay, along with health insurance coverage and a stipend of $10,000 as severance. According to […]
One of the largest players in the fantasy gaming business, Mobile Premier League (MPL) layoffs 350 employees, nearly 50 per cent of its workforce after the GST Council increased the GST burden on gamers and gaming companies to 28%. According to ET report, in a Note, Mobile Premier League founder said to staff on layoffs […]
An American multinational technology company, Dell Technologies will sack its employees in the core sales team as the company adopts a new partner-driven market strategy. According to Economic Times, a Dell spokesperson said, “Some members of our sales team will leave the company.” “We don’t make these decisions lightly, and we’ll support those impacted as they […]
Sambhav Jain and Kush Taneja, co-founders of Bengaluru-based startup fintech app Farm has announced the layoff of 18 employees. Sambhav Jain shared a Tweet from his official handle with the information about the layoff. The company has asked recruiters to get in touch for the relevant profiles and referrals. Sambhav Jain Tweet said, “One of the […]
A new-age used car end-to-end platform in India, Spinny will cut around 300 jobs in order to boost profitability. Spinny has about 6,000-6,200 employees and the sackings affect 5 percent of the workforce. The company is currently operating in Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Kolkata, Chennai, Ahmedabad, Jaipur, Chandigarh, Indore, Coimbatore, Lucknow, Kochi and Surat. […]
The year 2023 has been a year of layoffs. So far in 2023, there have been 1,330 layoffs at tech companies with 327,228 people impacted (1,529 people per day). In July 2023 14,392 people lost their jobs. In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). In an interview with The Indian Express, MoS IT Rajeev Chandrasekhar said that […]
