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10 companies that reportedly laid off employees in India in 2019
Amid signs of an economic slowdown in 2019, several companies laid off employees, citing several reasons.
1/10
August 2019 | Maruti Suzuki - 3,000 contract jobs reportedly cut
2/10
August 2019 | Sun Pharma - 85 employees reportedly terminated after company shutdown 2 units
3/10
July 2019 | ShopClues - About 200 employees laid off as per news reports
4/10
August 2019 | HSBC – Reports suggest 150 employees were handed pink slips
5/10
July 2019 | Treebo – Around 100-120 employees fired, reports suggest
6/10
June 2019 | Urban Ladder – 90 employees were reportedly fired
7/10
Since April 2019 | Mahindra & Mahindra - 1,500 employees were reportedly fired
8/10
May 2019 | IBM - Nearly 300 employees sacked from services division, reports said
9/10
March 2019 | Oracle - Around 100 employees laid off in India
10/10
July 2019 | Samsung – Around 1,000 employees could be let go in India, reports suggest
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