Tag: Layoff
Fresh round of layoffs at Microsoft; 276 employees to lose jobs
Technology giant Microsoft, headquartered in Washington State, has decided to lay off 276 employees, primarily from its customer service, support, and sales teams. The...
Most startups created by those laid off by Meta: Report
Not all those who have been laid off recently are brooding or desperately looking for jobs. Some enterprising ones are starting their own businesses....
Tesla to lay off workers in China amid growing market challenges
Tesla, an electric carmaker, is reportedly undergoing a workforce reduction at its Gigafactory in Shanghai, China. While the exact number of employees affected remains...
Last of Nat Geo’s staff writers laid off
In what was the second layoff round in the last nine months, National Geographic — the science and natural world magazine that is about...
Is Xiaomi India planning to shed staff?
It is reported that Xiaomi India may be planning a round of layoffs, with the aim of bringing down its workforce strength to less...
UBS to axe 50% of Credit Suisse workforce post emergency takeover
The first of three rounds of layoffs will see some employees of Credit Suisse in London, New York and parts of Asia losing their...
Almost 2,000 jobs may be axed at KPMG in the US
Almost 2,000 employees from KPMG’s workforce in the US may be laid off. The multinational professional services firm has about 39,000 people in its...
3 directors quit Byju’s board, auditor resigns
It hasn’t been long since the news of Byju’s considering another round of layoffs amidst financial challenges came out. Now, as per media reports,...
Is Uber laying off 200 people to cut costs?
Uber Technologies is reportedly reducing its 32,700-strong workforce by less than one per cent as part of its efforts to cut costs. This round...
German newspaper layoffs; to embrace AI for digital future
German tabloid newspaper Bild is set to undergo significant changes as it prepares for a digital-only future. In its transition, Bild plans to reduce...
Grab prepares for its largest round of layoffs
Grab, one of the leading ride-hailing and food delivery companies in Southeast Asia, is reportedly planning a significant round of layoffs, which would be...
Has Byju’s laid off 500- 1000 employees?
Byju’s, the edtech platform, has been trying to streamline operations, cut costs and improve profitability for some time now. As part of its attempts,...
6% global workforce laid off at Orrick
Orrick, a San Francisco-based law firm, has made the decision to lay off around 6 percent of its global workforce. Approximately 40 lawyers and...
Australian bank to axe 300 jobs
Australian bank, Westpac Banking Corp. is axing about 300 jobs, which will render 0.8 per cent of its 37,000 + strong workforce — primarily...
Zendesk cuts 320 jobs, trimming workforce by 8%
Zendesk, a prominent software-as-a-service (SaaS) platform, has announced its plans to reduce its workforce by 8 per cent, resulting in the layoff of approximately...
2000 employees to walk out against return-to-work, layoffs: Amazon
Around 2,000 Amazon employees planned a walk-out in front of the company's Spheres building in Seattle to protest against layoffs and the return-to-work directive....
10% of Australian workforce laid off: Meta
In the recent wave of layoffs at Meta, approximately 10 per cent of its Australian workforce has been affected, aligning with the company's global...
Indian Meta employees on H1B visas pressed into urgent job hunt...
Meta, a tech company, has recently fired a large number of new employees. They have cut around 6,000 jobs in their latest round of...
Is Alibaba hiring people after recent layoff news?
Is Alibaba hiring or firing people? The latest news is that the Chinese e-commerce platform is preparing to hire people for six primary divisions....
Nuance Communications, Microsoft’s healthcare AI arm, announces job cut plans
After being acquired by Microsoft for $19.7 billion, Nuance Communications, a speech-recognition company, is making job cuts to shift its focus towards the healthcare...
3000 laid off at Oracle-acquired Cerner
It has hardly been a year since cloud company, Oracle, acquired Cerner, the electronic healthcare records firm, and already 3,000 employees have been laid...
Laid-off Amazon employee gets new job with 30% pay hike
In a recent podcast, YouTuber Riddhi Dutta interviewed Arideep Dutta, who has formerly worked with TCS and Amazon. Dutta was amongst the 18000 employees...
Google announces layoffs of contract workers who provide support for YouTube
Google has recently made the decision to reduce its contract workforce responsible for providing support to YouTube TV and managing tasks related to YouTube's...
Layoff news from all over the world
Happay
Under a restructuring plan, Happay, a corporate expense management platform owned by CRED, has let go of 35 per cent of its workforce. The...
LinkedIn axes 700+ jobs, will withdraw InCareer app in China
Microsoft-owned LinkedIn, the employment-focussed social-media network, has revealed its plans to axe about 716 roles. Additionally, it has decided to withdraw its local jobs...
In fresh round of job cuts, Meesho lays off 251 employees
On May 5, 2023, Meesho, an e-commerce startup, made the announcement that it had laid off 251 employees in a fresh round of job...
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...
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: 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...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Latest
“Complaining about spouse to their employer disrespectful”: High Court
A couple seeking divorce were chided for the absence of respect in the marriage. The wife had apparently spoken to the husband’s employer and...
Poonam Burman takes on CHRO role at Godrej Industries (Chemicals)
After spending well over four and a half years with Unilever, Poonam Burman has joined Godrej Industries (Chemicals) as chief human resource officer.
An alumna...
Ikea to train 3,000 in AI
Ikea has committed to an ambitious initiative: equipping approximately 3,000 co-workers and 500 leaders with the essential skills in artificial intelligence (AI).
These training programmes...
Tata Technologies to ramp up hiring with 35,000 people
Tata Technologies' iPhone assembly hub in Koothanapalli, Tamil Nadu, is slated for extensive expansion. As part of this ambitious strategy, the company aims to...
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....
