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Lay offs: HR News, Trends & Workplace Insights

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

Updated on: Jun 2024
Yes Bank lays off employees as part of restructuring efforts
Layoffs

Yes Bank lays off employees as part of restructuring efforts

Jun 26, 2024

IT Sector Faces Silent Layoffs Nearly , Jobs Lost in

The year has been a turbulent period for the IT and Tech sector, with nearly , employees ...

Layoffs
Jun 23, 2024
IT Sector Faces Silent Layoffs Nearly , Jobs Lost in

Kissflow to lays off - employees

According to Money Control, Kissflow has reduced its workforce by approximately percent, affectin...

Layoffs
Jun 10, 2024
Kissflow to lays off - employees

An Employee Feels Survivorship Guilt After Team was laid off

In a recent Reddit post, an employee shared his emotions following his companys mass layoff o...

Layoffs
Jun 7, 2024
An Employee Feels Survivorship Guilt After Team was laid off
Google & Microsoft to lay off hundreds of roles: Report
Layoffs

Google & Microsoft to lay off hundreds of roles: Report

According to several media reports the top two leading IT firms Google and Microsoft lay off hundreds of roles. Google, led by Sundar Pichai laid off around 100 employees in its cloud unit last week. These cuts impacted sales, consulting, marketing, operations, and engineering departments, according to a CNBC report. A Google spokesperson said that […]

Jun 4, 2024
Ola Electric Cuts 500 Jobs for Cost Reduction
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Ola Electric Cuts 500 Jobs for Cost Reduction

According to Economic Times, Ola Electric is preparing to downsize its workforce by approximately 400-500 employees across various departments. This restructuring initiative is slated to unfold over the forthcoming weeks as part of a broader strategy to trim operational expenditures in anticipation of the company’s impending initial public offering (IPO). However, the precise extent of […]

Jun 3, 2024
Luminar to cut nearly 20% jobs in the current year
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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 […]

May 4, 2024
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 […]

Apr 30, 2024
Healthify is reducing its workforce by 27%
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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 […]

Apr 29, 2024
Whirlpool to cut 1000 jobs worldwide in restructuring move
Layoffs

Whirlpool to cut 1000 jobs worldwide in restructuring move

A leading kitchen and laundry appliance company, Whirlpool is planning to cut 1000 jobs worldwide in a restructuring move. According to Reuters, The company announced initial job cuts in March and anticipates implementing a second wave of reductions by early May. Whirlpool aims to trim up to $400 million in costs this year, the Wall […]

Apr 26, 2024
Tesla persists with layoffs, aiming to cut 6,000 roles
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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 […]

Apr 24, 2024
Layoff 2024: Toshiba to cut 5,000 jobs; Google sacks 28 employees
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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 […]

Apr 19, 2024
Microsoft worker fired after over 30 years; reveals cause of layoffs
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Microsoft worker fired after over 30 years; reveals cause of layoffs

An American multinational corporation and technology company, Microsoft has recently laid off an employee after over 30 years of service. Jeff Bogdan, former Director of Learning and Development, Microsoft Windows shared the LinkedIn post saying, “My 33-year run with the wonderful Microsoft came to a close in February, when my job was eliminated. “I spent […]

Apr 17, 2024