Why Layoffs Alone Won’t Solve Tech’s Problems
The world's largest tech companies are promising across the board to spend less, new territory for an industry that thrives on perks. Already last year, Facebook parent Meta Platforms shut…
Dell Cutting Over 6,500 Jobs as Tech Sector Layoffs Continue: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday.The company is…
Microsoft’s Metaverse, VR Initiatives May See Slowdown Amid Ongoing Layoffs
Microsoft, that announced layoffs of five percent of its total team earlier this year, has not spared even its up-and-coming units dedicated to Virtual Reality (VR) and the metaverse. The…
343 Industries Will Continue Development on Halo Amidst Microsoft Layoffs
Microsoft laid off 10,000 employees last week, citing prevailing economic climate. The job cuts at the tech giant affected the games division as well. Specifically, the developers at The Coalition,…
After Amazon, Meta, Now Spotify Planning to Cut Jobs This Week
Spotify Technology SA is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms…
Microsoft Will Reportedly Lay Off Thousands of Employees Today
Microsoft is set to lay off thousands of employees today. Citing Sky News, Reuters reported that thousands of roles would be cut, with the software giant looking to cut around…
Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
Amazon will cut some jobs in the United States, Canada, and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce…
Microsoft Announces Up to 10,000 Job Cuts
Microsoft CEO Satya Nadella has announced up to 10,000 job cuts, with notices going out to affected employees as early as today. In a memo circulated to staff and published…
Why Amazon’s Layoffs Hint at More Pain for the Tech Sector in 2023
The massive job cuts by Amazon, one of the biggest private employers in the US, show the wave of layoff sweeping through the tech sector could stretch into 2023 as…
Genesis, Huobi Resort to Staff Layoffs as Market Pressure Continues to Intensify: Report
Two crypto firms — Genesis and Huobi — have grabbed the attention of the crypto community, after reportedly decided to cut down on their respective work forces. Genesis is a…