Layoff

Meta Employees Fear Layoffs As Company's 'Year Of Efficiency' Becomes Permanent: Report
Tencent's Riot Games To Cut 11% Of Global Workforce, Citing Unsustainable Costs
Amazon's Latest Round Of Layoffs Bigger Than Disclosed, Affecting Amazon Pay, Marketing: Reports
Tencent's Riot Games To Cut 11% Of Global Workforce, Citing Unsustainable Costs
Amazon's Latest Round Of Layoffs Bigger Than Disclosed, Affecting Amazon Pay, Marketing: Reports
SoftBank-Backed Arm Holdings Lays Off Over 70 Software Engineers In China As Tech Slump Hits Hard
In Leaked Audio, Sundar Pichai Opens Up About Google Layoffs: 'Clearly It's Not The Right Way To Do It'

Layoff Recent News

Spotify To Layoff 17% Of Workforce: 'Being Lean Is Not Just An Option But A Necessity' Says CEO Daniel Ek
Ek rationalized the workforce reduction as a necessary step to bridge the gap between Spotify's financial aspirations and its current operational costs.
TikTok's Parent Company ByteDance To Fire Hundreds, Pulls The Plug From Gaming
This withdrawal represents ByteDance's most significant retreat from the booming gaming industry, a domain primarily controlled by Tencent and its smaller rival, NetEase Inc. 
Citigroup Employees Brace For Management Reshuffle And Layoffs On Monday: Report
The restructuring plans follow Citi's announcement last month of its intention to decrease management layers from 13 to eight.
Google Lays Off Dozens In News Division Amid Misinformation Crisis
Ledger Reduces Workforce By 12%, Cites Macroeconomic Difficulties
Ledger CEO Pascal Gauthier announced the company will trim 12% (almost 80 employees) from the ranks of its more than 700 employees. The Paris-based, crypto security company will consider local employment laws related to employees' departure.
Mark Zuckerberg's Meta Reportedly Set To Lay Off Employees In Metaverse Silicon Unit on Wednesday
Meta, led by Mark Zuckerberg, is reportedly planning to lay off employees in its metaverse-oriented silicon unit, Reality Labs, with the announcement expected on Wednesday.
When Elon Musk Started Firing Twitter Staff Everybody Said 'That's Enough' But…
After acquiring Twitter, Elon Musk's controversial decision to lay off 85% of the platform's staff, driven by his belief in a streamlined workforce, drew mixed reactions and concerns about the platform's future functionality.
Gaming Industry Layoffs Continue: SEGA's Relic Entertainment Announces 121 Job Cuts
Relic Entertainment Inc., the Canadian video game developer owned by Sega Sammy Holdings Inc. (OTC: SGAMY), announced the layoff of 121 employees.
Telecom Company Ericsson To Lay Off 8,500 Workers As Part Of Cost-Cutting Plan
Swedish telecom equipment maker Telefonaktiebolaget LM Ericsson ADR (NASDAQ: ERIC)
Meta Plans More Job Cuts, Delays Setting Team Budgets: 'A Bunch Of People Getting Paid To Do Nothing'
Facebook parent company Meta Platforms Inc (NASDAQ:
Laid-off Twitter Employee Says Musk's Leadership 'Failed': Idea Of Making People's Lives Better 'Went To Garbage'
Twitter laid off thousands of workers in November 2022 in departments across the company, a move justified by its CEO Elon Musk.
Apple CEO Tim Cook Says Layoffs Are Last Resort, But 'You Can Never Say Never'
As many tech giants have been executing an unprecedented level of layoffs, Apple Inc (NASDAQ: AAPL) has managed to avoid major job cuts even though it missed expectations for several of its lines of business announced during
Is Meta Considering More Layoffs? Zuckerberg Says He Doesn't Like 'Managers Managing Managers'
Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg is hinting at possible additional layoffs, after the social media giant announced 11,000 job cuts, or 13% of its total
Elon Musk Responds After Pranksters Posing As Laid-Off Twitter Employees Fool Media Outlets
After closing the $44 billion Twitter Inc (NYSE: TWTR) buyout, Elon Musk's stance on Twitter employees is anticipated to be one of the most significant steps as he takes over the company.
Celsius Lays Off 150 Employees As Crypto Mayhem Continues To Haunt The Firm
Cryptocurrency lender Celsius has laid off 150 employees, including some working in Israel and the U.S., reports Calcalist.   The workforce reduction comes as the company is exploring options like pursuing strategic transactions and restructuring its liabilities. 
Organigram To Layoff 220 Employees
Canadian cannabis producer Organigram Holdings (TSE: OGI) (NASDAQ: OGI) has announced a round of layoffs.