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Layoffs 2024: HR News, Trends & Workplace Insights

Latest Layoffs 2024 HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Layoffs 2024.

Updated on: Jun 2024
Paytm Employees Complain to Labour Ministry Over Layoffs
Layoffs

Paytm Employees Complain to Labour Ministry Over Layoffs

Jun 22, 2024

Indeed to layoff , employees, of the workforce CEO

Career website, Indeed plans to layoff approximately , employees, constituting around of its ...

Layoffs
May 14, 2024
Indeed to layoff , employees, of the workforce CEO

Nike will sack over employees at Oregon Headquarters

Nike has announced another round of layoffs to sack nearly employees. On Friday, the company rep...

Layoffs
Apr 20, 2024
Nike will sack over employees at Oregon Headquarters

Tech Startup layoffs in India drop in January-March, report

As per Layoff.fyi, Indian technology startups have scaled back on layoffs this year, with a reductio...

Survey & Report
Apr 9, 2024
Tech Startup layoffs in India drop in January-March, report
Apple announced layoffs, affecting over 700 employees
Layoffs

Apple announced layoffs, affecting over 700 employees

Apple has indeed confirmed layoffs, affecting over 700 employees, following reports of the cancellation of two high-profile projects: the self-driving car initiative (Project Titan) and in-house Micro-LED display development. Under California’s Worker Adjustment and Retraining Notification (WARN) Act, companies like Apple are required to file notices for layoffs. These filings can provide insight into which […]

Apr 6, 2024
Byju’s initiates layoffs, releases staff without notice via calls
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Byju’s initiates layoffs, releases staff without notice via calls

Byju’s, an edtech company, commenced layoffs via phone calls, bypassing performance improvement plans (PIP), as reported by Moneycontrol. Employees are reportedly not required to serve a notice period. Byju’s latest layoffs, as per the report, might affect 100 to 500 employees, primarily impacting the sales department within the company. Over the past two years, Byju’s […]

Apr 2, 2024
Stellantis mandated WFH, then laid off 400 via remote call
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Stellantis mandated WFH, then laid off 400 via remote call

Italian-American automaker Stellantis slashed over 400 roles across its US engineering, software, and tech sectors. The method of layoffs stirred controversy, as per Fortune magazine. Stellantis enforced a compulsory remote work day on Friday, March 22. Subsequently, the company conducted the dismissals remotely. This approach has drawn attention and criticism, reflecting evolving trends in remote […]

Mar 27, 2024
Paytm anticipates 20% reduction in its workforce
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Paytm anticipates 20% reduction in its workforce

As per the reports of Money Control, one of India’s largest digital payment apps, Paytm expects to reduce its workforce by approximately 20%. However, the exact number is still unknown. The company’s current annual appraisal cycle could be driving these layoffs, with job cuts possibly being influenced by individual performance evaluations during this period. The report […]

Mar 16, 2024
Shell to reduce Deals Team workforce by 20% for cost-saving
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Shell to reduce Deals Team workforce by 20% for cost-saving

An international energy company, Shell intends to trim its Deals Team workforce by at least 20% as part of ongoing efforts to streamline its business operations and lower expenses through restructuring. There are no official announcements regarding layoffs on the company’s end. However, according to Bloomberg, The spokesperson said, “Shell aims to create more value […]

Mar 15, 2024
IBM announces layoffs in marketing division in brief 7-mint meeting
Layoffs

IBM announces layoffs in marketing division in brief 7-mint meeting

According to a CNBC report, IBM (International Business Machines Corp) initiated layoffs in its marketing and communications division without specifying the number of affected jobs. Chief Communications Officer Jonathan Adashek allegedly disclosed the decision in a brief 7-minute meeting. IBM’s CEO, Arvind Krishna, previously stated plans to pause hiring for roles susceptible to automation, citing […]

Mar 13, 2024
YouTube Music contract staff sacked without notice
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YouTube Music contract staff sacked without notice

As the contract between Cognizant and Google came to an end, YouTube Music employees who were subcontracted through Cognizant faced layoffs. The workers had been asking for better pay and benefits for a year. Jack Benedict, a YouTube data analyst video was shared on the social media platform X highlighting the issue. The video headline […]

Mar 4, 2024
Job cuts are expected to continue in tech companies
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Job cuts are expected to continue in tech companies

After two years of massive layoffs in IT and Tech companies, job cuts yet continue and are expected to carry on further in 2024. In the dynamic world of technology, where innovation is constant and rapid, businesses are continuously adapting to stay competitive. Unfortunately, this adaptability often comes at the expense of job stability. As […]

Feb 24, 2024
Mozilla & BlackBerry to collectively layoff 260 employees
Layoffs

Mozilla & BlackBerry to collectively layoff 260 employees

Mozilla & BlackBerry to collectively layoff 260 employees. Mozilla Corp, the developer of the web browser Firefox, is implementing a reorganization resulting in approximately 60 job cuts. “We’re scaling back investment in some product areas to focus on areas that we feel have the greatest chance of success,” Mozilla said in a statement. “We intend […]

Feb 15, 2024