Tag: termination
Is 2022 a year of layoffs? Companies layoff nearly 70,000+ people
Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process...
Intel sets out unpaid leaves for 3 months to employees, starts...
Intel offering 3 months of unpaid leave to employees as a result of cost-cutting measures. The chipmaker company is also laying off its employees...
Digital company HealthifyMe announces layoff: 142 people slashed
India’s leading health tech start-up, HealthifyMe announced the layoff of 142 employees. The step is taken as a matter of growing concern for the...
Adobe sacked 100 employees, majorly from the sales team
Adobe has reportedly laid off 100 employees but the firm confirms that the layoff is not companywide. The organization carried out the layoff process...
Vedantu cuts 385 jobs, leadership takes 50% pay cut
Edtech major Vedantu has laid off another 385 employees. This is nearly 11.6 percent of the company workforce.
The Job cuts will affect the workforce...
Morgan Stanley cuts about 1,600 jobs, 2% of its workforce
An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce.
The...
PepsiCo to layoff hundreds of staff at headquarters
An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North...
Managing Redundancy in Organizations: The HR Way
The year 2022 and that too especially the second half of it has witnessed a series of employee terminations in tech industries from smaller...
Hiring platform Hirect sacked 40% of the workforce
A leading job portal in India, Hirect has sacked nearly 200 people which is 40 percent of the total workforce.
Hirect laid off these employees...
US firm laid off nearly 2,700 people when they were ‘asleep’
A leader in the furniture industry and one of the largest furniture producers in the United States, United Furniture Industries has laid off approximately 2,700...