Recent layoffs in India have affected various industries, including tech, finance, and aviation. Here are some notable examples:

• Tech Sector:
  • Google initiated extensive layoffs across several divisions, including hardware, voice assistant, advertising sales, and YouTube teams.¹
  • Microsoft embarked on a new round of layoffs within its gaming division, affecting approximately 1,900 positions.
  • Cisco announced plans to eliminate around 729 jobs in the San Francisco Bay Area by April.
• E-commerce and Finance:
  • Flipkart announced a 5-7% reduction in its workforce based on performance evaluations.
  • Paytm Payments Bank is considering a reduction in its workforce by nearly 20%.
• Aviation:
  • SpiceJet reportedly planned to lay off more than 15% of its total workforce.
• Other Industries:
  • Tata Steel announced plans to shutter two blast furnaces at its British facilities, impacting approximately 2,800 jobs.
  • Unilever disclosed plans to cut 7,500 jobs globally as part of its Growth Action Plan acceleration efforts.
  • Vodafone Germany is gearing up to cut or relocate 2,000 jobs as part of a cost-saving strategy.