Tag: Layoff
Layoffs at PharmEasy due to financial challenges
PharmEasy, a platform that offers medical services and drugs in India, has reportedly reduced its workforce due to financial difficulties.
The company has been downsizing...
Amazon employee accidentally posts layoff on TikTok
A former Amazon employee inadvertently recorded her layoff while making a ‘day-in-my-life’ video for TikTok. She explained that she was attempting to film a...
Lazard to cut 10% workforce worldwide
As part of its cost-cutting efforts, Lazard intends to reduce its global workforce by 10 percent. The reduction is said to impact all of...
Cloud computing & HR divisions at Amazon facing layoff
Adam Silipsky, CEO, Amazon Web Services (AWS) and Beth Galetti, HR head, have reportedly sent memos to staff in Canada, Costa Rica and the...
Amazon closes Halo division and lets go the team
Amazon has shut down its health-oriented division, Halo, and halted the sales of its Halo Band, Halo View, and Halo Rise devices, which are...
Lyft and Deloitte to lay off employees
Deloitte
Deloitte is set to lay off approximately 1,200 jobs, representing about 1.5 percent of its US workforce, according to internal employee emails cited by...
Impending workforce adjustment at Lenovo
Lenovo, a technology giant, is said to have initiated workforce reductions due to a significant downturn in its PC business. The decline in sales...
47 workers laid off at OPEN; co-founders salaries cut in half
On April 20, 2023, OPEN, a neobank, announced that it had laid off 47 employees based on performance evaluations.
OPEN is actively recruiting for critical...
Medtronic plans to reduce workforce globally; KOO lets go 30% of...
Medtronic
Medtronic, a leading medical company in Minnesota, has announced that it will be reducing its global workforce in an effort to streamline operations and...
Amazon trims ad team; actual no. of job cuts not known
Amazon has acknowledged terminating certain employees from its advertising team, as per a CNBC report. Earlier this year, in the last round of job...
EY to reduce workforce
Ernst & Young's US branch has recently revealed plans to lay off 5 percent of its workforce, resulting in the loss of approximately 3,000...
Practo cites performance issues for layoffs; 41 employees impacted
41 employees were laid off because of performance issues at Practo, a healthcare startup. According to the statement given by the company, Practo is...
30% job cuts at Dunzo; engineering roles impacted most
Dunzo, an Indian startup that provides last-minute grocery and essential delivery services, has reportedly laid off 30 per cent of its workforce in a...
100 job cuts in gaming division: Amazon
As part of its ongoing efforts to streamline operations and control costs, Amazon Games, the gaming division of Amazon, has announced that it will...
Apple to eliminate few roles in corporate retail teams
Recent news reports suggest that Apple is making some changes to its corporate retail teams, leading to job cuts in the company's development and...
36000 jobs may be affected due to the merger of UBS...
According to recent reports, UBS Group AG is planning to cut its workforce by at least 30 percent worldwide following the completion of its...
US offices temporarily shut; layoffs around the corner: McDonald’s
McDonald's, one of the largest fast-food chains in the world, is currently facing a significant restructuring of its corporate operations. In an effort to...
559 job cuts at Microsoft’s Seattle office
Microsoft has recently made headlines for laying off 559 employees from its offices in Bellevue and Redmond, Washington. The announcement was made by the...
Is Meta lowering bonus payments of some staff members?
After firing 11,000 people last year and announcing the layoff of 10,000 more in early March this year, Meta now plans to cut down...
Leaked email from Mark Zuckerberg surfaces online
A leaked email from Meta CEO Mark Zuckerberg has recently surfaced online, which asked an employee to resign due to inaccurate information about the...
100 job cuts at Livspace
Livspace, a Singapore-based omni-channel home interior and renovation platform, has recently laid off a small percentage of its workforce in an effort to control...
‘Did Zuckerberg take pay cut?’ ask irked Meta staff
The mass layoffs at Meta have disturbed the workforce with members expressing their disappointment at these drastic cost-cutting measures. Some employees are even questioning...
Axe falls on 10,000 jobs at Meta
Meta is cutting jobs yet again, after laying off 11,000 members of its workforce in November 2022. In the latest round of job cuts,...
Citigroup axes jobs in investment banking, mortgage units
Citigroup Inc. is axing hundreds of jobs, primarily impacting the investment banking and mortgage units. This round of job cuts will hardly affect one...
In Twitter’s latest layoff round, Musk fired another 10% of workforce
According to a report by the New York Times on Sunday, Twitter has recently laid off a minimum of 200 employees, equivalent to roughly...
Meta to slash more jobs and projects to mitigate costs
Meta is reportedly seeking help from lawyers, financial consultants and human resources personnel to prepare plans to shrink the hierarchy within the firm.
The parent...
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...
Google terminates 28 employees over Israel protests
Google terminated 28 employees following protests staged by a small group of Alphabet workers against the tech giant's collaboration with Israel. The protests, which...
Latest
NTSB considers surveying all Boeing workers on safety culture
The National Transportation Safety Board (NTSB), disclosed its contemplation of conducting a comprehensive survey involving every Boeing employee to assess the company's safety culture....
Take-Two to let go 5% of workforce
Take-Two Interactive Software, the video-gaming company that publishes the ‘Grand Theft Auto’ franchise, has trimmed its workforce by five per cent. That means, about...
China’s new approach to work-life balance with unhappy leaves
With an aim to foster a healthier work-life balance for employees, a Chinese company has come up with a refreshing move. The company has...
Sulabh Kulshreshtha moves from Nykaa to Livspace, as head-HR
Sulabh Kulshreshtha has joined Livspace, the home interiors and renovation platform, as head of human resources. He moves from Nykaa, where he served for...
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....
