Saturday, July 26, 2025

Companies Layoffs in 2023, How Affected HR Recruitment Teams

- Advertisement -

So far in 2023, there have been 1,618 layoffs at tech companies with 361,343 people impacted (1,304 people per day). In 2022, there were 1,557 layoffs at tech companies and 243,318 people impacted (667 people per day). During these layoffs, companies have also sacked the HR recruitment teams.

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 laid off many employees. 

Amazon sacked 27,000 employees in three months. The major companies that laid off employees include Infosys, Amazon, Google, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally.

LinkedIn sacks employees from its recruitment team

Earlier in February, The Microsoft-owned professional networking and recruiting platform, LinkedIn started laying off employees from its recruiting team amid a global economic downturn.

Moreover, some former employees from LinkedIn’s recruiting team have also taken to the online recruitment-offering site to announce their departure.

Uber laid off 35% of its recruiting team

Earlier in June, According to the Wall Street Journal, The job cuts affected 35 percent of Uber’s recruiting team. The decision to downsize was driven by the company’s ongoing efforts to optimize operations and improve cost efficiency. 

Amazon layoffs in HR

Amazon in April began laying off some employees in its cloud computing and human resources divisions. The layoffs were part of the previously announced job cuts that are expected to affect 9,000 employees. 

Google parent Alphabet laid off hundreds of employees from HR team

As per the report, Recently in September Alphabet announced its decision to fire employees from its global recruiting team. However, it affected “a few hundred” employees.

Month Of Layoffs/2023Number of Laid-ff employees
OCTOBER254
SEPTEMBER14,163
AUGUST18,775
JULY14,860
JUNE14,760
MAY56,111
APRIL30,774
MARCH52,214
FEBRUARY50,816
JANUARY108,616
Total Layoffs in 2023361,343
Source: trueup.io/layoffs

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Capgemini India to hire 60K people in 2022 including WFH, Freshers jobs

Capgemini, a French multinational information technology (IT) services and consulting company planning to hire 60,000...

Rebegin Your Career Journey with TCS after Career Gap: Details Inside

Rebegin with TCS  is an opportunity for experienced women...

Delhi govt.’s Rozgar Budget promises 20 lakh new jobs in 5 years

According to The Hindu Report, Finance Minister Manish Sisodia...

Manufacturing companies trying to hire more women engineers

Manufacturing companies including Larsen & Toubro, JSW group, Tata...

Amazon India appoints Nestle Veteran Rashi Goel as Director Marketing

Rashi Goel, ex-Director - Marketing and Consumer Communications, Nestle...

Wells Fargo Appoints Yash Mohan as Head-HR, India & Philippines

Wells Fargo has appointed Yash Mohan as Head- Human...

TCS Mourns Ratan Tata; Q2 Earnings Press Conference Called Off

TCS, one of India’s leading IT services companies, has...

Maternity Leave Rules and Benefits: Latest Update 2023

The Maternity Benefit Act 1961 applies to all women...

Related Articles

Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.