Tag: Layoff

Over 180 Air India staff laid off as they were unable...

Air India has let go of over 180 non-flying staff members in recent weeks. The impacted employees are those who failed to utilise the...

IBM restructures workforce, cuts marketing and communications jobs

Tech giant IBM announced layoffs in its marketing and communications division, the latest move in a broader workforce restructuring focused on automation and emerging...

286 jobs to be axed at Citigroup in New York

Citigroup will let go 286 of its employees in New York as part of its attempt to cut its workforce strength by eight per...

Apple discards electric car project; will lay off/move employees

Apple has shelved its autonomous electric car project. That means, hundred of employees working on the project will lose their jobs. Some employees from...

Staff of The Body Shop bracing for layoffs, store closures?

The Body Shop appears to be headed for layoffs, as its stores are expected to close soon in the UK, to cut costs. The...

BlackBerry to save costs, reduce headcount

BlackBerry is determined to cut costs and focus on profits. This will require some restructuring, which will lead to headcount reductions yet again. Its...

SpiceJet to axe 1400 roles in bid to stay afloat

Indian budget carrier SpiceJet is facing turbulence, announcing plans to lay off 1,400 employees – 15 per cent of its workforce – in a...

Cisco to reduce workforce, to axe thousands of jobs

Cisco’s present global workforce of over 84,000 employees, will soon shrink. As part of a restructuring exercise, the company is preparing to lay off...

Layoffs affect hundreds at Amazon Pharmacy, One Medical

Having already laid off about 27,000 employees since the beginning of 2023, Amazon and its subsidiaries are continuing their layoffs into 2024 now. The...

Snapchat to let go 500 from global workforce

Social-media firm, Snap, which is the parent company of Snapchat, is reducing its global workforce by 10 per cent. That means, about 500 employees...

Wipro axes mid-level roles as profit margins bite

In response to global economic challenges post-Covid, Wipro, the Indian IT services giant, is undergoing a substantial restructuring, targeting the elimination of ‘hundreds’ of...

Google lets go employees from Alphabet’s X Lab

X Lab, set up by Google’s parent company, Alphabet, is laying off members of its team. The objective is to restructure the lab such...

Vroom shuts down e-commerce operations, axes 90% of workforce

In a dramatic move to conserve cash, leading online used car platform Vroom is shutting down its core e-commerce operations and laying off nearly...

eBay joins industry layoffs, cuts 1,000 jobs despite profit

eBay, a major player in the e-commerce industry, is set to reduce its workforce by laying off approximately 1,000 employees, constituting about 9 per...

TikTok cuts costs, roles in sales & advertising

As part of what it calls a reorganisation exercise, TikTok, the Chinese short-video making app has decided to cut the size of its sales...

3000 jobs may be cut at Tata Steel, UK

At least one third of the workers at Tata Steel’s plant in Wales, UK may be rendered jobless, as per media reports. The Indian...

Pichai warns of further Google layoffs, citing simplification & AI advancements

Sundar Pichai, the CEO of Google and its parent company Alphabet, has ignited anxieties within the tech giant by hinting at further job cuts...

YouTube axes 100 jobs; more cuts to happen at Google

Google is endeavouring to cut costs and focus on using artificial intelligence (AI). As part of this exercise, YouTube, its video platform has laid...

Musk faces defamation suit over Twitter layoffs tweet

Platform X again made its way into the headlines due to its CEO, Elon Musk. Another defamation case is to be lodged against Musk...

Behind the cuts: Audible CEO justifies layoffs as essential for future...

In a move echoing similar cost-cutting efforts across Amazon, Audible's CEO Bob Carrigan has announced the reduction of approximately 5 per cent of the...

Discord cuts 17% of its workforce

After Google, Amazon, Meta, and Twitter, Discord, a popular messaging platform, is now executing its largest-ever layoffs. As part of its strategic plan, the...

600 to be laid off at BlackRock

BlackRock is all set to reduce its 20,000-strong workforce by 600 employees. That means, three per cent of the team will be rendered jobless...

Will livestreaming platform, Twitch let go 500 today?

Having witnessed many top-level exits in 2023, Twitch, the livestreaming platform that was acquired by Amazon about nine years ago, is all set to...

Gaming software maker Unity to let go 1,800 employees

San Francisco-based videogame software manufacturer, Unity Software, is trimming its workforce by 25 per cent, letting go about 1,800 members. This was revealed in a...

Frontdesk faces closure after abrupt layoff of entire workforce

Frontdesk, an online rental platform, recently made headlines as the first tech startup to terminate all 200 employees through a brief two-minute Google Meet...

Nike’s $400 mn in severance to save $2 bn in costs

While Nike is gearing to lay off hundreds from its workforce to cut costs of up to $2 billion, it will be spending about...

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...
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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...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Singapore government modifies foreign worker policy

The Ministry of Manpower (MOM), Singapore has modified the foreign worker policy. As per the modifications, the minimum qualifying salary for foreign workers to...

Latest

Pilgrim gets Shreya Kejriwal as VP-HR

Pilgrim, a beauty and personal care brand, has named Shreya Kejriwal as its new vice president- human resources, effective January 2024. In this new...
IBM

IBM announces job cuts in brief meeting

Fresh reports indicate that International Business Machines Corp. (IBM) has initiated layoffs within its workforce. Refraining from disclosing the precise number of job reductions,...

Vishal Nagda appointed CPO, Gera Developments

Vishal Nagda has joined Gera Developments as chief people officer. A human resource professional with over two decades of experience, Nagda is the founder...

Tropical workforce at risk from rising heat

A recent study shows that additional rise of 1°C in temperature will lead to a reduction in the work hours of approximately 800 million...

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....
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