Companies

Tech industry job cuts come rapidly and in big numbers

14 days ago   |   By Chron

In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. However, even with all of the layoffs announced in recent weeks, most tech companies are still vastly larger than they were three years ago. Here's a look at some of the companies that have announced layoffs so far.
August 2022
Snap: The parent company of social media platform Snapchat said that it was letting...
Read more ...

 

Tech layoffs in 2023 are already one-third of last year's number and it's only January

14 days ago   |   By Fortune

Mass layoffs by Google, Microsoft and Amazon add up quickly.
Read more ...

 

Google's parent announces massive job cuts

Google's parent announces massive job cuts

14 days ago   |   By RT

Alphabet becomes the latest tech giant to substantially slash its workforce
Google's parent company Alphabet announced on Friday it would eliminate 12,000 jobs worldwide, more than 6% of its workforce, after years of robust growth and hiring.
Alphabet's CEO Sundar Pichai explained the decision, saying that the company had rapidly expanded headcount in recent years "for a different economic reality than the one we face today." In an email to employees he wrote that he takes "full responsibility for the decisions that led us here."
Alphabet became the latest tech giant to announce massive...
Read more ...

 

Google is laying off 12,000 employees as another brutal week comes to an end for tech

14 days ago   |   By Fast Company

On Friday, CEO Sundar Pichai cited what has become a familiar story: The tech giant hired too aggressively during the pandemic boom.
Google and WeWork are the latest companies to announce layoffs in what has been a brutal few months for tech workers. On Friday, Google CEO Sundar Pichai announced that the search giant was cutting approximately 12,000 jobs. The cuts span the globe and myriad departments at Google's parent company Alphabet.
Read more ...

 

Google is cutting 12,000 jobs, as tech industry layoffs widen

Google is cutting 12,000 jobs, as tech industry layoffs widen

14 days ago   |   By NPR

"Over the past two years we've seen periods of dramatic growth," CEO Sundar Pichai wrote. "To match and fuel that growth, we hired for a different economic reality than the one we face today."
Read more ...

 


Search by Tags

   Companies      Job      Sector      Tech      Service      Media      Medias      Services      Technologies      Marketing      Industries      Market      Company      Industry      Jobs      Technology      Economy      Moving      Recruitment      Recruitments      Search  


Kyrie Irving's Trade Request Should Turn Brooklyn Nets Into Sellers At The...

Kyrie Irving's trade request likely slammed the Brooklyn Nets' title window shut, which could encourage them to proactively become sellers at the trade deadline. Read more ...

Great Spaces: A ‘Golden' Opportunity on Florida's Intracoastal Waterway

We travel to sunny Boca Raton to check out a waterfront oasis designed for the entertainer at heart. Property Highlights: Location: Boca Raton, Florida Listing Price: $41.5... Read more ...

Watch CNBC's full interview with PNC CEO Bill Demchak on mortgage market

Bill Demchak, PNC CEO, joins 'Closing Bell' to discuss the jobs report, the likelihood of a recession and the state of the economy and consumer. Read more ...

Gautam Adani's Rise Was Intertwined With India's. Now It's Unraveling

The tycoon often said the Adani Group's goals were in lock step with India's needs. Now, the company's fortunes are crashing, a collapse whose pain will be felt across the country. Read more ...

Advisory Firm Sues Elon Musk's Twitter, Saying It Hasn't Been Paid

Innisfree M&A says Twitter, which Elon Musk bought last year, has not paid it $1.9 million for services it rendered for the deal. Read more ...

AAR: January Rail Carloads Increased and Intermodal Decreased Year-over-year

AAR: January Rail Carloads Increased and Intermodal Decreased Year-over-year

From the Association of American Railroads Rail Time Indicators. Graphs and excerpts reprinted with permission. U.S. rail traffic started January 2023 with both discouraging... Read more ...

Mr. Powell, Drop The Sledgehammer And Start Innovating

Worldwide, we need affordable capital to develop technologies that address our climate crisis, and to meet the demand for housing, food & water as the world population grows... Read more ...

New California oil well ban put on hold for voters to decide

SACRAMENTO, Calif. - California's new law banning new oil and gas wells near homes, schools and other community sites has been put on hold until after voters decide next year... Read more ...

Brazil's Jair Bolsonaro addressed right-wing activists at Trump resort in...

Far-right former Brazilian President Jair Bolsonaro speaks during the Turning Point USA event at the Trump National Doral Miami resort on February 03, 2023 in Doral, Florida... Read more ...

Soon-to-open Ojos Locos offers preview of new look

The rebranded Lucky Club in North Las Vegas has 280 new slot machines, a sports cantina with 90 TVs, a massive bar and a William Hill sportsbook. Read more ...