By Chris Morris January 23, 2024 Brex, the fintech startup that made a splash with corporate credit cards and moved into cash management accounts for tech companies, has cut its staff by 20%. Some 282 people were laid off Tuesday amid reports of heavy cash burns in the final three months of last year. … Continue reading Layoffs 2024: Fintech startup Brex lays off 20% of employees
Riot Games is laying off 11 percent of its workforce globally 530 people are impacted, and publishing label Riot Forge will be shut down later. Richard Lai Tue, Jan 23, 2024 Riot Games Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. … Continue reading Riot Games is laying off 11 percent of its workforce globally
Alphabet is cutting dozens of jobs at its X moonshot lab The division is getting an overhaul to make it easier to spin out projects into startups. Kris Holt Mon, Jan 22, 2024 ASSOCIATED PRESS Just days after Alphabet and Google CEO Sudar Pichai warned workers of more downsizing this year, the former is … Continue reading Alphabet is cutting dozens of jobs at its X moonshot lab
By Jim Frawley January 22, 2024 Workers across the globe are biting fingernails and fighting restless leg syndrome as we anxiously follow the evolving state of the U.S. economy. Many of us are fearful and curious about what any change, small or large, might mean for the bottom line of our respective organizations and … Continue reading As waves of layoffs continue, here’s how workers can cope with economic uncertainty
Google CEO says more layoffs expected ‘throughout the year’ in internal memo This follows the company’s recent rounds of redundancies, which affected over a thousand employees. Richard Lai Updated Thu, Jan 18, 2024 REUTERS / Reuters Following Google’s recent rounds of layoffs affecting over a thousand jobs, CEO Sundar Pichai has reportedly told remaining … Continue reading Google CEO says more layoffs expected ‘throughout the year’ in internal memo
Tiny Tina’s Wonderlands developer faces layoffs in latest Embracer cuts Lost Boys Interactive is the latest studio to face cost-cutting measures. Sarah Fielding Mon, Jan 15, 2024, Gearbox / 2K We’re just a couple of weeks into 2024, but the layoffs that plagued the gaming industry last year are back. An undisclosed number … Continue reading Tiny Tina’s Wonderlands developer faces layoffs in latest Embracer cuts
By Michael Grothaus January 12, 2024 Just two weeks into the new year, it’s already been a hard time for the tech sector. Any hopes that the layoffs that began in 2022 and accelerated in 2023 would begin to subside have yet to be realized as more major companies joined other big players, including … Continue reading Tech layoffs 2024: Discord, Google, Audible, and others add to bad start for the year
By Associated Press and Bobbie Gossage January 10, 2024 Twitch, the video game streaming platform acquired by Amazon a decade ago for close to $1 billion, is laying off more than 500 employees as the company tries to turn the tremendously expensive division profitable. Twitch CEO Dan Clancy in an email to employees said that even … Continue reading Tech layoffs: Amazon lays off hundreds from Twitch and Prime Video
By Elizabeth Segran January 10, 2024 Rent the Runway, the 14-year-old fashion rental company, is restructuring, cutting 10% of its corporate jobs, which is equivalent to 37 employees. And its chief operating officer and president, Anushka Salinas, will leave at the end of the month, after 11 years at the company. Jennifer Hyman, Rent … Continue reading Rent the Runway CEO on laying off 10% of the company: ‘This is a realignment around growth’
Twitch is laying off 35 percent of its workforce The Amazon division remains unprofitable due to high costs. Steve Dent Updated Wed, Jan 10, 2024, ASSOCIATED PRESS Amazon-owned Twitch is preparing to lay off 35 percent of its employees or a little over 500 people. The news was first reported by Bloomberg on Tuesday … Continue reading Twitch is laying off 35 percent of its workforce
