Less than a month after acquiring rival HuffPost, BuzzFeed has announced it will lay off 47 workers and shutter HuffPost Canada altogether.
IBM Set to Layoff 10,000 Employees
IBM is preparing for a massive round of layoffs in Europe, impacting some 10,000 employees.
Instagram Rival VSCO Lays Off a Third Of Staff
Joining the ranks of other startups impacted by the coronavirus, VSCO has laid off roughly a third of its staff.
Mozilla Lays Off Employees To Help Fund Innovation
Mozilla interim CEO Mitchell Baker announced a round of layoffs at the software company, citing the need to “innovate in the areas most likely to impact the state of the internet and internet life.” TechCrunch originally reported the story, with…
eBay’s Stock Takes Massive Tumble, Company Axes 300 Employees
This is not a good week for eBay. The company’s stocks took a massive tumble a day after revealing that it was slashing about 300 jobs in the Bay Area. eBay informed the Employment Development Department of California of its…
Microsoft Laid Off Another 1,000 Employees
The cost cutting at Microsoft continued this week, as the company laid off some more of its workforce. The company quietly laid off around 1,000 employees on Wednesday, ahead of its FY16 Q1 earnings report. From the New York Times:…
Groupon Cuts Jobs, Exits Countries
Groupon announced that it is eliminating about 1,1000 jobs over the coming months. The cuts will mostly take place in its International Deal Factory and Customer Service. The company says it has streamlined its operation in these (and other) areas…
Have We Seen The Last Of Amazon’s Fire Phone?
I’m sure I don’t have to tell you what a colossal failure Amazon’s Fire Phone was. Despite negative reviews and an overwhelming lack of consumer interest in the device, it had seemed as though Amazon would work to improve on…
Angry Birds Maker Rovio Is Cutting 260 Jobs
In an effort to “sharpen its focus”, Angry Birds creator Rovio is announcing another round of job cuts. Rovio says it will soon “begin employee negotiations on up to 260 redundancies.” If you’re working on the Angry Birds movie, you’re…
StumbleUpon Reportedly Lays Off ‘Dozens’
StumbleUpon is reportedly reducing its staff from close to 100 employees to about 30. That is according to VentureBeat, which cites an anonymous source. Jordan Novet reports: The company had just under 100 employees and will only have around 30…