Another 668 people across LinkedIn's engineering, product, talent and finance teams are to be made redundant, in second tranche of job losses
TECHNOLOGY POWERING BUSINESS
News redundancies
Qualcomm To Axe Jobs Amid Shrinking Revenue
Filing in California reveals Qualcomm is to axe 1,258 jobs in the US state, after previous warning of shrinking revenues
Meta To Axe Staff In Reality Labs Unit Wednesday
Staff reductions reportedly underway at Metaverse-oriented Reality Labs Unit, otherwise known as Facebook Agile Silicon Team
Alphabet Cutting Hundreds Of Jobs In Recruitment Unit
More job cuts at Google, as executive confirms “significant reduction” to its global recruiting organisation
AI Growth Prompts Job Takeover Fears, Corndel Finds
Younger employees in particular fear their jobs are at risk due to the rise of artificial intelligence (AI), Corndel finds
Virgin Media O2 To Axe 2,000 UK Jobs
Price of 2001 merger? Virgin Media O2 is to axe 12 percent of its workforce, as it seeks to “simplify” its operating model
Microsoft Confirms More Job Losses
Software giant Microsoft confirms it is axing more staff, in addition to the 10,000 job losses announced in January
Google Axes Waze Staff Amid Consolidation
Worrying sign for Waze? Six months after Alphabet merged its Waze and Google Maps teams, comes news of Waze layoffs
Reddit To Axe 5 Percent Of Workforce
More layoffs in tech sector, as Reddit confirms it will dismiss approximately 5 percent of its workforce and reduce hiring
Meta Starts Axing Nearly 20 Percent Of Irish Workforce
Nearly 500 jobs are being axed at Meta's international headquarters in Ireland, in its third and final round of layoffs
BT To Cut 55,000 Jobs By 2030
Sign of things to come? BT is cull 55,000 jobs by 2030, and says that a fifth of the roles will be replaced by AI
Vodafone To Cut 11,000 Jobs, After Strategic Review
New boss of Vodafone loses little time and confirms 11,000 jobs are to go, as the operator seeks to turn around its fortunes
Meta Lays Off Technical Staffers, In Another Workforce Blow
Second tranche of layoffs begin at Meta Platforms, as engineers and other technical staff are made redundant
Virgin Orbit Lays Off 85 Percent Of Staff
Nearly 700 jobs to go at Sir Richard Branson’s rocket company Virgin Orbit Holdings, amid reports it will cease operations
Accenture To Cut 19,000 Jobs, After Lowering Forecasts
Accenture confirms it will axe 19,000 jobs, or 2.5 percent of its workforce, amid “significant economic and geopolitical uncertainty”
Meta To Layoff Another 10,000 Staff
Mark Zuckerberg's 'year of efficiency' continues after he makes “difficult decision” to axe 10,000 jobs, on top of November's 11,000 layoffs
Meta Planning Thousands More Job Cuts – Report
Zuckerberg's promise of “year of efficiency” at Meta likely to entail more job losses, according to media report
Ericsson Pleads Guilty Over Bribery Charges, Axes 8,500 Jobs
Thousands of staff impacted by headcount reduction, as giant telecoms giant pleads guilty to US bribery charges
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
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
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
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
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 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
Crypto.com Axes 20 Percent Of Staff
After the FTX collapse, Singapore's cryptocurrency exchange Crypto.com announces restructuring and axes staff