By Krystal Hu SAN FRANCISCO (Reuters) – SoftBank Group Corp is planning a fresh round of layoffs at its Vision Fund investment arm, two people familiar with the matter said, …
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(Reuters) – Verizon Communications Inc held a meeting with customer service employees to notify them of upcoming “restructuring” and “streamlining” measures that are all but certain to result in significant …
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Layoffs, Higher Prices And Fewer Choices Could Be Consequences Of Biden’s New Policy, Experts Warn John Hugh DeMastri on April 12, 2023 Economists and industry experts have expressed concern that …
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By Daniel Wiessner (Reuters) – Twitter Inc faced a lawsuit on Tuesday accusing the social media giant of illegally laying off contract workers without notice after Elon Musk bought the …
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MILAN (Reuters) – Italian metalworkers unions said on Wednesday they had reached an agreement with Stellantis for up to 120 layoffs through voluntary redundancies at the group’s Atessa van-making plant …
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By Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more “streamlined” business, …
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Tech Giants Unveil Even More Layoffs As Bloated Sector Struggles Jason Cohen on March 7, 2023 Big tech companies Meta, Atlassian, Sirius XM, and Microsoft are laying off substantial segments …
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By Josh Ye HONG KONG (Reuters) – Pico, a virtual reality (VR) headset manufacturer owned by TikTok’s Chinese developer ByteDance, said on Friday it was laying off a small number …
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‘We’ve Lost Key Battles’: Big Tech Companies Quietly Reduce Censorship Teams Following Legal Battles, Layoffs Katelynn Richardson on February 14, 2023 Big Tech companies have quietly cut their censorship teams as …
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By Maiya Keidan TORONTO (Reuters) – Some of Canada’s top investment banks plan to maintain staffing levels to meet client expectations for the same level of coverage through the ups …
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Microsoft Posts Worst Earnings In Years After Major Layoffs Lorenzo Prieto on January 24, 2023 Microsoft experienced its slowest quarter of growth in the last six years in the three …
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Tech Layoffs Just Keep Coming As Spotify Makes A Giant Cut To Workforce John Hugh DeMastri on January 23, 2023 Audio streaming platform Spotify is laying off 6% of its …
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(Reuters) – Twitter Inc plans to lay off 50 workers in the social media site’s product division in the coming weeks, news site Insider reported on Wednesday, citing two people …
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By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its …
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BlackRock, World’s Largest Asset Manager And Woke Investor, Set For Major Layoffs: REPORT John Hugh DeMastri on January 11, 2023 BlackRock, the world’s largest asset manager and possibly the most …
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By Hannah Lang (Reuters) – The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking …
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By Doyinsola Oladipo NEW YORK (Reuters) – 2023 is shaping up as a challenging year to be a woman or minority working in the tech sector, or even a person …
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Sales Software Firm Becomes Latest Tech Titan To Issue Layoffs John Hugh DeMastri on January 4, 2023 Salesforce, the owner of popular business communication app Slack and developer of other …
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By Fanny Potkin and Paresh Dave (Reuters) – Twitter Inc’s public policy chief has left the company amid additional layoffs to the unit on Thursday, sources familiar with the matter …
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TRENTON, NJ – Running a business in New Jersey is hard, but during hard times, such as forced government closures as a result of future possible health emergencies, shutting a …
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Elon Musk Targeted Women In Mass Twitter Layoffs, Class Action Lawsuit Alleges John Hugh DeMastri on December 8, 2022 UPDATE: This story has been updated to include a comment from …
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By Daniel Wiessner (Reuters) – Twitter Inc has been hit with another lawsuit stemming from the recent purging of half its workforce, this one accusing the social media company of …
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(Reuters) -Warner Bros Discovery-owned CNN’s top boss Chris Licht informed employees in an all-staff memo on Wednesday that layoffs are under way, according to an email seen by Reuters. Licht …
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By Daniel Wiessner (Reuters) – Twitter Inc has told a federal judge in San Francisco that a lawsuit claiming the company violated U.S. law by laying off thousands of workers …
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PARIS (Reuters) -Twitter Inc’s head of French operations, Damien Viel, said he was quitting the social media platform, whose new owner Elon Musk recently fired top executives and enforced steep …