Alphabet's self-driving car division admits it has cut approximately 8 percent of workforce in two rounds of layoffs this year
TECHNOLOGY POWERING BUSINESS
News Jobs
Twitter Cuts 10 Percent Of Staff, Including #SleepWhereYouWork Exec
Latest round of cuts at Twitter affects 10 percent of staff, incuding executive pictured sleeping on floor last November
Nearly Half Cybersecurity Leaders Set To Change Jobs, Warns Gartner
Analyst house Gartner offering a chilling prediction for company management, warning nearly half cybersecurity bosses will change jobs
Meta Prepping Fresh Round Of Layoffs – Report
Facebook parent Meta is reportedly planning a fresh round of job cuts, after axing more than 11,000 staff last year
Amazon Staff Push Back At Return-To-Office Order
Unhappy Amazon staff reportedly taking to internal websites and comms channels to complain about return-to-office order
China Overhauls Overseas, Domestic IPO Rules
China introduces major overhaul of rules governing IPOs on mainland and overseas exchanges, following years-long crackdown
Apple ‘Lays Off Contractors’ Following Cook Pay Cut
Apple reportedly cutting costs by laying off 'hundreds' of contract workers, after slashing Tim Cook's pay by more than 40 percent
Elon Musk Denies Firing Tesla Staff After Unionisation Attempt
Union alleges Tesla fired 30 plus supporters of recent unionisation attempt, but Musk says decision was taken before this
YouTube CEO Susan Wojcicki Steps Down
One of the first Google employees, YouTube's CEO Susan Wojcicki, has confirmed she is stepping down after 25 years
Mark Zuckerberg Gains Extra $4m To Protect Him, Family
Security cost to protect Meta's Mark Zuckerberg and his family has been increased by millions of dollars, after 'specific threats'
Tesla Staff In NY Launch Union Campaign
Elon is not going to be pleased. Tesla workers in New York state launch unionisation campaign, despite Elon Musk opposition
Meta’s Chief Business Officer To Leave After 13 Years
Long-serving chief business officer Marne Levine is to leave Meta in the summer, following the departure of Sheryl Sandberg last year
Funding Round Values China EV Maker Zeekr At $13bn
Geely electric vehicle brand Zeekr valued at $13bn following latest external funding round, as company prepares for possible IPO
Yahoo To Lay Off 20 Percent Of Workforce
Job losses to begin at Yahoo with 1,600 staff set to lose their positions, in latest tranche of layoffs impacting tech sector
Intel Now Seeks $10 Billion State Aid For German Factory – Report
Chip giant Intel reportedly increases the funding requirement from German government for planned Magdeburg chip factory
Zoom Sheds 15 Percent Of Workforce
Post Covid pandemic reality bites as Zoom confirms it will axe 15 percent of its workforce, which impacts 1,300 jobs
Dell To Cut Thousands Of Jobs Amidst PC Demand Slump
PC maker Dell to cut about 6,650 jobs as post-pandemic demand for PCs expected to continue decline through 2023
Rivian To Axe 6 Percent Of Jobs Amid EV Price War
Another tranche of job losses for Rivian Automotive, after it says it is laying off 6 percent of its workforce
UK NCC Group To Cut Workforce By 7 Percent – Report
More tech cuts but closer to home. Manchester-based cybersecurity firm NCC Group will cut workforce by 7 percent
PayPal To Axe 7 Percent Of Workforce
More job losses as PayPal announces plan to lay off 2,000 staff amid “challenging macroeconomic environment”
Intel Cuts Pay For Staff, Executives
Salaries for mid-level staff and senior management at Intel have been cut after it posted lower-than-expected sales forecast
Samsung Chip Business Posts Profit Plunge
Samsung to continue investing in chip production capacity even as it sees poor conditions for first half of year
IBM And SAP To Cut Thousands Of Jobs
Two more tech players announce culling of thousands of jobs, with IBM letting go 3,900 positions and SAP cutting 3,000
Twitter Ad Spending Fell Over 70 Percent In December – Report
New data suggests advertisers continue to shun Elon Musk's Twitter, as another report states there are now just 550 engineers remaining
Spotify To Cut 6 Percent Of Staff
Music-streaming service Spotify to cut 6 percent of staff after chief executive admits being 'too ambitious' with spending during pandemic
Google Parent Alphabet To Cut 12,000 Jobs
Google parent Alphabet to cut 12,000 jobs worldwide, as tech companies forced to scale back following pandemic-era 'hypergrowth'
Google Delays Portion Of Bonus Payments To Staff
Alphabet is to defer a portion of the bonus given to staff until later in the year - in a move that surprises the workforce
Twitter Plans More Staff Layoffs – Report
Weeks after Elon Musk tells Twitter staff there will be no further layoffs, comes report of more redundancies
Microsoft Confirms It Will Axe 10,000 Jobs
Software giant Microsoft adds to the glut of job losses occurring within the tech sector, after it confirms 10,000 jobs are to go
Microsoft To Cut Thousands Of Jobs – Report
Software giant Microsoft said to be finalising plans to axe 11,000 positions, in latest job cull in tech industry