Management

Cisco Confirms It Will Cut More Than 4,000 Jobs

Bad news confirmed for employees at Cisco, after business confirms that more than 4,000 jobs are to be axed

11 months ago

Russian Court Orders Arrest Of Meta Spokesman

Empty threat? Court in Moscow orders arrest in absentia of Meta spokesman Andy Stone, over terrorism-related charges

11 months ago

Cisco To Cut ‘Thousands Of Jobs’ – Report

Staff at Cisco brace for bad news ahead of an earning statement this week, amid reports of thousands of layoffs

11 months ago

Elon Musk Ordered To Testify In SEC Twitter Takeover Probe

SEC doubles down and orders Elon Musk to testify again, for investigation of his $44 billion Twitter purchase

11 months ago

Meta Removes Facebook, Instagram Accounts Of Iran’s Supreme Leader

Iran’s Supreme Leader, Ayatollah Ali Khamenei, has his Facebook and Instagram accounts permanently removed by Meta

11 months ago

US To Invest $5 Billion In Semiconductor Research

White House confirms $5 billion from US Chips and Science Act will be used for semiconductor research and development

11 months ago

UK Government To Fund Two Semiconductor Research Hubs

Government to fund semiconductor research hubs in Bristol and Southampton, to help bring new chip tech to market

11 months ago

Elon Musk Continues Disney Feud, Funds Mandalorian Lawsuit

Lawsuit by Gina Carano against Disney over her firing from 'The Mandalorian', is supported with funding from Elon Musk's X

11 months ago

Google To Pay $350m To Settle Google Plus Privacy Lawsuit

Google settles shareholder lawsuit over its 2018 decision not to reveal data breach with its now defunct Google+ social network

11 months ago

Taylor Swift Threatens To Sue Student Who Clashed With Elon Musk

Florida student Jack Sweeney threatened with legal action by Taylor Swift, over location tracking of her private jet

11 months ago

Amazon Cuts Hundreds Of Jobs In Health Units

More layoffs at Amazon as cost-cutting continues, with hundreds of jobs being axed at Pharmacy and One Medical divisions

11 months ago

TSMC To Build Second Factory In Japan

World’s largest chipmaker TSMC confirms it will build second fab in Japan, with backing from Sony and Toyota

11 months ago

UK EV Maker Arrival Collapses Into Administration

British electric vehicle start-up Arrival enters administration three years after being valued at $15bn, with 170 jobs at risk

11 months ago

Snap Cuts 10 Percent Of Staff

Social media firm Snap cuts 10 percent of staff as last year's surge in tech company layoffs continues into 2024

11 months ago

Mark Zuckerberg Apologises To Parents At Senate Hearing

CEOs of Meta, TikTok, X and other platforms appear before Senate Judiciary Committee to discuss online protections for children

11 months ago

PayPal To Axe 9 Percent Of Global Workforce

Another blow for jobs market. PayPal to lay off 2,500 jobs as part of move to “right-size” the payments firm

11 months ago

Elon Musk $56 Billion Tesla Pay Package Vetoed By Judge

Judge rules against the $56 billion pay package for Elon Musk, after siding with legal challenge by Tesla investor

11 months ago

Apple Engineering Veteran Departs For EV Maker Rivian

Apple engineering veteran DJ Novotney leaves Apple for Rivian amidst string of senior executive departures

12 months ago

Salesforce Lays Off 700 Staff – Report

American CRM giant Salesforce is reportedly reducing its workforce again, on top of a sizeable reduction back in 2023. The…

12 months ago

Microsoft Axes 1,900 Staff After Activision Acquisition

Microsoft adds to job gloom after axing 9 percent of its gaming division, after closing the Activision Blizzard acquisition

12 months ago

Meta To Reduce Unwanted Messages To Teens On Facebook, Instagram

Protecting teens. Social media giant Meta to impose stricter message settings for teenagers on Facebook and Instagram

12 months ago

CEO Of eBay Confirms 1,000 Job Losses

Internal memo to eBay staff confirms 1,000 jobs or 9 percent of full-time employees, will be axed to ensure firm's…

12 months ago

SAP To Restructure 8,000 Jobs, Amid Business AI Push

Restructuring plan at SAP will impact 8,000 jobs, as firm focuses “on scalability of operations and Business AI”

12 months ago

Riot Games Cuts 11 Percent Of Staff In Latest Industry Job Losses

Tencent's Riot Games to cut 11 percent of staff as gaming industry continues 'course correction' after mass pandemic hiring

12 months ago

Amazon Lays Off 5 Percent Of Staff At ‘Buy With Prime’ Unit

Layoff misery continues as Amazon cuts 5 percent of staff at its 'Buy with Prime' unit, after cuts to other…

12 months ago

Sheryl Sandberg To Step Down From Meta’s Board

Former operating chief Sheryl Sandberg is to step from board of directors at Meta Platforms, after quitting COO role in…

12 months ago

Google CEO Warns Staff To Expect More Job Cuts – Report

Internal memo from CEO Sundar Pichai warns Google staff to brace for more job cuts, as the firm has to…

12 months ago

Twitter Appeal Against Search Warrant For Trump’s DMs Denied

Federal Appeals court denies challenge by Elon Musk's X (formerly Twitter) to search warrant for Donald Trump's DMs

12 months ago