LayOffs News Archives

Breaking News: Walt Disney Begins Layoffs of 7000 Employees – First Round Underway

LayOffs News / March 28, 2023 March 30, 2023

Disney layoffs 2023: Layoffs of 7000 employees begin in Walt Disney, first round underway Disney layoffs: Disney announced the layoff of 7,000 employees. The company took this decision to save $ 550 million (Rs 45.2 thousand crores) in cost and make the streaming business profitable. The entertainment industry is currently going through a deep crisis. …

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Indeed Layoff: America’s job search platform INDEED has announced layoffs

LayOffs News / March 24, 2023 March 30, 2023

Indeed Layoff: The employing company itself has laid off, preparing to lay off 2200 employees Indeed Layoff: America’s job search platform Indeed has announced the layoff of employees. The company is about to lay off its 2200 employees. This is equivalent to 15 percent of the company’s workforce. In this way, Indeed has also joined …

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IT sector giant ACCENTURE announced layoffs, will lay off 19000 employees

LayOffs News / March 23, 2023 March 23, 2023

Accenture Layoff: IT giant announced layoffs, 19000 employees will be laid off IT sector company Accenture is also going to layoffs its employees. The company today said on March 23 that it would lay off 19,000 of its employees. Accenture has blamed the worsening global economic outlook for the layoffs. Accenture Layoff: Amid fears of …

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Ericsson Layoffs: 8,500 employees will go to Ericsson, the biggest layoff in the telecom industry

LayOffs News / February 25, 2023 February 25, 2023

8,500 employees will go to ERICSSON Ericsson Layoffs: The company announced plans to cut around 1,400 jobs in Sweden on Monday. While tech companies are laying off thousands of employees citing economic conditions, this will be the biggest layoff in the telecom industry. Telecom equipment maker Ericsson will lay off 8,500 employees globally as part …

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Facebook will again shock the employees, after removing 11000 staff, then preparation for retrenchment.

LayOffs News / February 23, 2023 February 23, 2023

Layoffs again in Facebook, Meta is trying to reduce expenses due to continuous loss in business, due to which employees have to bear the brunt Facebook Layoff: Facebook’s parent company Meta is once again preparing to shock its employees. The company had already shown the way out to 11,000 staff a few weeks ago. Now …

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MyGate Layoff: Bengaluru company lays off, 30% of employees shown the way out

LayOffs News / February 21, 2023 February 22, 2023

Startup company MYGATE has laid off 30 percent of its employees. MyGate Layoff: Previously a team of 600 employees, the startup’s workforce has come down to 400 after layoffs. This means that 200 employees have been laid off. Some of the terminated employees were reportedly offered two months’ salary, while others were not given any …

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Ford Layoffs: Ford announces layoffs, preparing to lay off 3800 employees in Europe

Business News, LayOffs News / February 14, 2023 February 14, 2023

American car maker Ford is going to eliminate 3,800 jobs in Europe in the next three years. Ford Layoffs: Ford plans to eliminate jobs related to product development and administration. Ford said that under this retrenchment, about 2300 jobs will be cut in Germany, 1300 in Britain, and the remaining 200 in Europe. The company …

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GoDaddy layoffs: GoDaddy also announced layoffs, preparing to lay off more than 500 employees

Business News, LayOffs News / February 12, 2023 February 12, 2023

Domain registrar and web hosting company GoDaddy has announced layoffs of more than 500 employees, which is 8 percent of its global workforce. The company says that it has taken this decision due to the weak economic condition at the global level and the upcoming challenges. GoDaddy layoff: Many big and small companies have announced …

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Tech Layoffs: More than 1 lakh people have been laid off in 2023, know which company fired how many employees

Business News, LayOffs News / February 10, 2023 February 10, 2023

Tech Layoffs In 2023 Tech companies across the world have been laying off people in recent months, citing fears of an economic slowdown and lack of demand. Many companies have fired thousands of people at once or sacked their entire teams. According to the latest data from Layoffs.fyi, since the beginning of the year 2023, …

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TikTok fired the entire team of India, announced to give 9 months’ salary in compensation

Business News, LayOffs News, Trending News / February 10, 2023 February 10, 2023

TikTok Layoffs: TikTok fired the entire team in India and announced to give 9 months’ salary in compensation TikTok fired the entire team in India, and the last working day for TikTok India employees was February 28. After that, his service was terminated. These people will be given the salary for the next 9 months …

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