May 02, 2024 Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship It’s the fifth round of staff reductions at the connected fitness company since 2021 and the second boss exit in recent years. BY Emily Price After surging in popularity during the early days of the pandemic, … Continue reading Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship
April 17, 2024 After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package The struggling EV carmaker is urging shareholders to vote again for the payout, which would be the largest ever awarded in corporate history, after a Delaware court nullified it in January. BY Clint Rainey With Tesla stocks trading … Continue reading After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package
April 17, 2024 Tech layoffs: Google and Rivian both cut jobs Nearly 75,000 tech employees have lost their jobs so far this year. BY Chris Morris The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. … Continue reading Tech layoffs: Google and Rivian both cut jobs
Take-Two plans to lay off 5 percent of its employees by the end of 2024 Last month CEO Strauss Zelnick said, “The hardest thing to do is to lay off colleagues and we have no current plans.” Jessica Conditt Updated Wed, Apr 17, 2024 Take-Two Interactive Take-Two Interactive plans to lay off 5 percent … Continue reading Take-Two plans to lay off 5 percent of its employees by the end of 2024
April 15, 2024 Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce The reported job cuts come at a precarious time for the company, whose shares are down more than 31% this year. BY Michael Grothaus Elon Musk has reportedly announced a round of mass layoffs at Tesla, according … Continue reading Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce
Best Buy’s Geek Squad agents say they were hit by mass layoffs this week Agents who lost their jobs this week posted on the Geek Squad subreddit, and confirmed the news to 404 Media. Cheyenne MacDonald Sat, Apr 6, 2024 REUTERS / Reuters Geek Squad agents have been flooding Reddit with images of their … Continue reading Best Buy’s Geek Squad agents say they were hit by mass layoffs this week
Apple to axe 600 jobs after dropping plans for self-driving vehicles Graeme Hanna Tech Journalist Apple has axed more than 600 jobs after effectively abandoning its plans for self-driving cars. The cuts will mostly impact workers at the iPhone maker’s site in California where it was discreetly working on ambitions to build electronic … Continue reading Apple to axe 600 jobs after dropping plans for self-driving vehicles
April 05, 2024 Apple layoffs: iPhone maker cuts over 600 jobs after reportedly killing off its car project The tech giant has filed a WARN notice with the state of California. BY Michael Grothaus Since late 2022, every major tech company has initiated mass layoffs—with the exception of Apple. But now that is finally about to … Continue reading Apple layoffs: iPhone maker cuts over 600 jobs after reportedly killing off car its project
EA is laying off over 650 employees An upcoming Star Wars first-person shooter was canceled as a result of the move. Pranav Dixit Updated Thu, Feb 29, 2024 REUTERS / Reuters Video game company Electronic Arts will lay off 5 precent of its workforce according to a report it filed with the Securities and … Continue reading EA is laying off over 650 employees
Until Dawn and The Quarry developer Supermassive is reportedly laying off around 90 workers Indie studio Die Gute Fabrik has paused production amid funding difficulties. Kris Holt Mon, Feb 26, 2024 Supermassive Games/Sony Interactive Entertainment Yet another notable game studio is laying off a significant chunk of its workforce. Supermassive Games, the developer behind … Continue reading Until Dawn and The Quarry developer Supermassive is reportedly laying off around 90 workers
