List of Companies Laying Off Employees in India 2024 – list of companies laying off employees 2024 in india – It has already become routine for us to see news articles about companies continually engaging in sacking their employees on a daily basis.
At this moment, there are a lot of companies that are sacking their employees, the majority of which are technology-based firms.
List of Companies Laying Off Employees in India 2024 – Even though a large number of firms were more or less doing well financially before the year 2020, they have reported a drop in their revenue and growth, and have also lamented the impact of the pandemic. – List of Companies Laying Off Employees in India 2024
Most of these firms are complaining of insufficient revenue, which is why a lot of them have opted to engage in employee layoffs and freeze hiring for an indefinite period.
Some scholars and agencies have come up with a list of companies that have sacked their employees as well as a report on the amount of employees that these firms have laid off. It is most likely that the estimates below really represent the scale of the layoffs.
This certainly is the company that has laid off the most employees and definitely has made the most news. About half of the Twitter workforce has been laid off this month alone, which is over 3000 employees. – list of companies laying off employees 2024 in india – List of Companies Laying Off Employees in India 2024
Meta
While Meta has yet to commence layoffs, the firm estimates it will soon have to fire up to 11,000 staff.
Amazon
As reported by Amazon, the company plans to reduce its workforce by approximately 10,000 employees across multiple departments, including retail and HR. – list of companies laying off employees 2024 in india
Lyft
The company ‘Lyft’ has downsized its workforce by 700 employees in the first week of November. According to them, the reason for the layoffs was the low economic growth. – list of companies laying off employees 2024 in india
Microsoft
One of the biggest tech firms globally, Microsoft, has also involuntarily terminated a significant number of its employees this October, though they have not disclosed how many of these employees were laid off. – list of companies laying off employees 2024 in india – List of Companies Laying Off Employees in India 2024
Stripe
Since inflation posed a challenge to the firm, around 1000 employees were laid off by Stripe. These layoffs occurred at the onset of this month. – list of companies laying off employees 2024 in india
Got questions about our Digital Marketing Course? Click here to get all the details!
Looking for expert services to boost your company? Click here, and let’s collaborate!
Curious about our reputation? Check out our Google My Business profile—click here