Tag: layoff news
Employees express distress as Nike lays off
Nike reportedly laid off several employees, including recruiters, who shared their experiences on LinkedIn. The company has not commented on the social media posts...
Are stricter performance reviews a sign that Uber may lay off?
In 2023, several major tech companies, such as Google, Microsoft, and Meta, have announced job cuts. According to Layoffs.fyi, a website that tracks and...
LinkedIn begins layoffs in recruitment department
Following Microsoft’s decision to lay off close to 10,000 employees, LinkedIn has begun layoffs in its recruitment department. The exact number of employees impacted...
Disney announces layoffs as part of cost-cutting measures
Entertainment giant Disney is laying off 7,000 employees as part of a cost-cutting strategy to address the challenges the company is facing. CEO Bob...
Struggles in the US market lead Getir to layoff 100
Rapid grocery delivery startup Getir has recently laid off about 100 corporate employees, according to a source familiar with the details.
The layoffs affected various...
3% of global workforce laid off from Workday
Workday Inc., a provider of business software solutions, has announced that it will be cutting 3% of its worldwide workforce due to the current...
Uber Freight to sack 3% of its workforce
Uber Freight announced on Tuesday that it will be cutting around 150 jobs, which is roughly 3 per cent of its total workforce. As...
Tech companies adapt to economic uncertainty through job cuts
Around 2,300 employees of e-commerce giant Amazon have received warning notices under the company's Warn Act on job cuts. Employees from the United States,...
Microsoft to lay off 11,000 employees amid global economic slowdown
Tech giant Microsoft is reportedly set to join the ongoing layoff season at technology companies, and is preparing to fire nearly 11,000 employees this...
Employees at Twitter’s Dublin and Singapore branches fired
Elon Musk has been at the helm of Twitter for a little over three months now. After firing upwards of 50 per cent of...
Cisco to lay off 700 employees: Report
Coming off the back of Amazon’s 1800 job cuts at the start of the year, Cisco the digital com-tech company announced its plans to...
Moglix begins 2023 with layoffs
Moglix, an Indian B2B industrial goods marketplace backed by investors such as Tiger Global and Alpha Wave, has laid off 2-3 per cent of...
Vimeo lays off 11% of its workforce
Anjali Sud, CEO, Vimeo announced the company's intention to lay off 11 per cent of its workforce on Wednesday via email.
In the email, she...
Another round of job cuts at Goldman Sachs?
As per a Bloomberg report, Goldman Sachs is planning a new lay off, while entering the New Year. The decision will affect nearly 4,000...
Google continues to hire amid reports of mass layoffs
Google continues to be a hiring machine, bringing on new employees even as rumours of potential layoffs persist. While other companies in the industry...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Freixenet to cut 80% roles
In a stark response to the relentless drought crippling Catalonia's Penedes region, Freixenet, the Spanish cava (wine) producer, unveils a drastic plan. The company...
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Time to give traditional productivity metrics an overhaul
Imagine a bustling office where traditional productivity metrics reign supreme, where sales numbers, units produced and hours worked are meticulously tracked and analysed. However,...
Starting June 2024, UBS will implement layoffs in 5 waves
UBS, the Swiss banking firm, is implementing cost-cutting measures. As part of this exercise, it will lay off people from its workforce in five...
Over 6,000 to go from Tesla’s Texas and California plants
On 16 April Tesla had revealed its intention to let go 10 per cent of its workforce, affecting about 14,000 employees, globally.
Now, specific numbers...
Non-compliance to return-to-office mandate results in lower pay hikes for TCS staff
The regular office goers have received better hikes at the tech multinational
Tata Consultancy Services (TCS) reportedly granted pay hikes to its employees based on...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
