Rivian is laying off 10 percent of its salaried employees The move comes after the electric car maker lost $1.5 billion in the last quarter of 2023 Pranav Dixit Thu, Feb 22, 2024 ASSOCIATED PRESS Electric car maker Rivian announced on Wednesday that it’s laying off 10 percent of its salaried workforce to cut … Continue reading Rivian is laying off 10 percent of its salaried employees
Instacart cuts 250 jobs after reporting increased revenue That equals about seven percent of its workforce. Sarah Fielding Updated Thu, Feb 15, 2024 Dado Ruvic / reuters Another day, another layoff occuring in the tech world. Instacart, the popular grocery delivery and pick-up service has announced the termination of 250 employees — about seven percent … Continue reading Instacart cuts 250 jobs after reporting increased revenue
Mozilla is laying off around 60 workers The reorganization comes just one week after the company appointed a new CEO. Kris Holt Wed, Feb 14, 2024 AP Photo/Jeff Chiu Mozilla is the latest in a long line of tech companies to lay off employees this year. The not-for-profit company is firing around 60 people, … Continue reading Mozilla is laying off around 60 workers
By Pavithra Mohan February 08, 2024 Earlier this month, Zoom followed in the footsteps of many of its peers in the tech industry and laid off 150 employees—about 2% of its workforce—in an effort to redirect its resources and invest in what the company described as “critical areas for the future.” One of the … Continue reading Zoom laid off its DEI team—and it’s not the only company making such cuts
By Michael Grothaus February 08, 2024 Layoffs continue to mount in the tech sector as the first week of February comes to a close. As of (March 08, 2024), some well-known companies are among those to announce significant job cuts. Those layoffs have now accounted for 33,874 job losses in the industry since the start … Continue reading Tech layoffs update this week: DocuSign, Grammarly, Amazon, Snap, Meetup cut jobs
FTC accuses Microsoft of misrepresenting its Activision Blizzard plans after layoffs Microsoft argues the firings were going to happen, with or without the acquisition. Jessica Conditt Updated Thu, Feb 8, 2024 AP Photo/Jae C. Hong One week after Microsoft laid off nearly 2,000 employees in its gaming division, the Federal Trade Commission is accusing … Continue reading FTC accuses Microsoft of misrepresenting its Activision Blizzard plans after layoffs
By Pavithra Mohan February 02, 2024 Just this week, UPS revealed its plans to let go of 12,000 workers. A number of tech companies, from PayPal and Salesforce to Google and Microsoft, have cut thousands of jobs in January. The retail sector hasn’t been spared either, with Wayfair and eBay trimming headcount. But despite this … Continue reading Despite high-profile layoffs, employers added 353,000 jobs in January
Cities: Skylines II toxicity and more layoffs | This week’s gaming news This week’s headlines, now in video form! Jessica Conditt Wed, Jan 31, 2024 Engadget It’s an awkward time to be a PC player. The platform has more games covering more genres than ever, and even standard PC hardware can deliver pristine, photorealistic … Continue reading Cities: Skylines II toxicity and more layoffs | This week’s gaming news
By Associated Press January 26, 2024 NEW YORK (AP) — Denim giant Levi Strauss & Co. said Thursday that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year as part of a two-year restructuring plan that seeks to cut costs and simplify its operations. The company employed … Continue reading Levi’s layoffs: The jeans giant is cutting its global workforce by up to 15%
By Michael Grothaus January 24, 2024 It’s been another brutal week for tech layoffs. In the past six days, numerous major tech companies have announced they are cutting jobs. The most recent is e-commerce juggernaut eBay, which has announced it will cut 9% of its workforce. Here’s the latest: Wayfair: Last Friday, digital home … Continue reading Tech layoffs tracker 2024: Job cuts at eBay, TikTok, and Wayfair this week
