Tag: Layoffs

Big Tech Firms Hire Low-Cost Foreign Workers After Mass Layoffs
Big Tech firms are turning to low-cost foreign workers in the wake of mass layoffs, undermining arguments the layoffs were the result of overhiring....
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Tech CEO: Blame Layoffs On ‘Companies Overextending Themselves’
Fred Voccola, CEO of Kaseya, has weighed in on the tech industry's mass layoffs, blaming companies and their customers....
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Vodafone Planning to Cut 11,000 Jobs in the Coming Years
Vodafone is planning to cut 11,000 jobs over the next three years as part of a broader plan to improve the company's performance....
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Startups Are Benefiting From Big Tech Layoffs
The tech industry may be grappling with wave after wave of layoffs, but startups are emerging as the real winners....
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LinkedIn Is Shuttering Its China App, Laying Off 716 Employees
LinkedIn CEO Ryan Roslansky has written a message to employees, laying out a new strategy regarding China, its global presence, and a round of layoffs....
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Intel Confirms Another Round of Layoffs
Intel has confirmed another round of layoffs, one that will impact its consumer CPU and data center divisions....
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Company Layoffs Are Now Widespread Outside Of The Tech Sector
Ongoing hostile economic conditions have caused droves of mass layoffs to sweep across the tech industry, with more than 174...
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Apple Has No Plans for Mass Layoffs
Apple remains the only Big Tech company not to engage in mass layoffs, and CEO Tim Cook says there are still no plans to....
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Unity Software Lets 600 Workers Go Using All-Too-Familiar Playbook
Unity Software has announced it is laying off 600 employees in its third round of layoffs, citing future growth....
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Lyft’s Layoffs Will Impact 1,072 Employees
Lyft is moving forward with layoffs it announced last week, saying it i...
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Dropbox Laying Off 500 Employees Citing ‘the AI Era of Computing’
Dropbox CEO Drew Houston announced a round of layoffs, blaming slowing growth and artificial intelligence....
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Red Hat Is Laying Off Hundreds of Workers
Red Hat is joining the list of companies laying off employees, with plans to let hundreds of workers go....
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Alphabet CEO Made $226 Million in 2022 Despite Laying Off Thousands
In yet another example showcasing the disparity in the corporate world, Alphabet CEO Sundar Pichai made some $226 million in 2022 as he laid off thousands....
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Lyft Plans a Significant Round of Layoffs
Lyft continues its efforts to streamline operations, with the CEO telling employees the company will "significantly reduce" its workforce....
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Meta Reportedly Announcing More Layoffs Tomorrow
Meta is reportedly planning to announce more layoffs tomorrow, adding to the 21,000 employees it has already laid off....
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