job losses

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

1 year ago

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

1 year ago

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

1 year ago

PayPal To Axe 7 Percent Of Workforce

More job losses as PayPal announces plan to lay off 2,000 staff amid “challenging macroeconomic environment”

1 year ago

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

1 year ago

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

1 year ago

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…

1 year ago

Twitter Plans More Staff Layoffs – Report

Weeks after Elon Musk tells Twitter staff there will be no further layoffs, comes report of more redundancies

1 year ago

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…

1 year ago

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

1 year ago

Britishvolt Calls In Administrators, After Months Of Struggle

Despite staff at battery start-up Britishvolt in Northumberland taking a pay cut last year, the firm has now filed for…

1 year ago

Alphabet Unit Verily To Axe 15 Percent Of Staff – Report

Verily is to axe 15 percent of its workforce as it reportedly seeks to distance itself from Google owner Alphabet

1 year ago

Twitter Makes More Cuts To Trust, Safety Teams – Report

Is there anyone left to sack? Owner Elon Musk reportedly makes more layoffs to Twitter’s trust and safety teams

1 year ago

Twitter’s Last Pre-Musk Executives Resign

Katie Marcotte, a 10-year Twitter veteran and it's acting head of human resources, plus product engineering head Behnam Rezaei, have…

1 year ago

Amazon To Axe More Than 18,000 Jobs

E-commerce giant Amazon is to axe thousands more staff than previous reported, as major layoffs continue in early 2023

1 year ago

Salesforce To Axe more Than 10,000 Staff

More bad news for Salesforce staffers, as Marc Benioff confirms firm will again axe employees, this time 10 percent of…

1 year ago

Micron To Axe 10 Percent Of Staff, Amid Heavy Fab Spending

As it spends billions of dollars building new chip plants in the US, Micron confirms it will axe 10 percent…

1 year ago

Tesla Staff Face New Layoffs – Report

Electric car giant Tesla will reportedly undertake another round of job layoffs in the next quarter, and freeze all hiring

1 year ago

Meta Halts Construction Of Two Data Centres In Denmark

Meta axes construction of two additional data centres in Europe, as Facebook continues cost cutting measures

1 year ago

Thousands Of Intel Staff In Ireland Offered Unpaid Leave – Report

'Voluntary time off program' reportedly underway in Ireland, where 2,000 out of 5,000 Irish staff offered unpaid leave

1 year ago

HP To Layoff 4,000 To 6,000 Staff Over Next Three Years

Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed…

1 year ago

Amazon Alexa Labelled ‘Colossal Failure’ – Report Alleges

Amazon's 10,000 job cuts reportedly impacts Alexa unit the hardest, while device hardware group is described as 'division in crisis'

1 year ago

Amazon CEO Andy Jassy Says Layoffs Will Continue Into 2023

CEO memo to Amazon workers confirms layoffs will continue into next year, with total number of job losses still to…

1 year ago

Elon Musk Fires Majority Of Twitter’s External Contractors

More firings. Elon Musk reportedly axes 4,400 of 5,500 external contractors that worked on Twitter's content moderation

2 years ago

Amazon To Axe 10,000 Jobs – Report

E-commerce giant Amazon to follow similar moves by other tech players, with largest headcount reduction in its history

2 years ago

Meta To Axe More Than 11,000 Staff

Mark Zuckerberg tells Meta staff that he is axing more than 13 percent of the workforce, and will extend hiring…

2 years ago

Lyft Confirms Hundreds Of Job Losses

Major job losses at ride hailing firm Lyft, as it says it will axe 13 percent of its workforce –…

2 years ago

Elon Musk Enters Twitter HQ Carrying Sink, As Deal Deadline Nears

Ahead of Friday's deadline, Elon Musk visits Twitter HQ carrying sink – reportedly tells staff he doesn't plan to axe…

2 years ago

Elon Musk To Axe 75 Percent Of Twitter Staff – Report

Twitter denies plans for large number of staff layoffs, as Elon Musk tells investors he plans to axe nearly three…

2 years ago

Microsoft Confirms Second Round Of Job Cuts

Confirmation of second tranche of job losses at Microsoft, as less than 1,000 staff are let go, amid worsening economic…

2 years ago