CEO Satya Nadella informs Microsoft workforce there will be no salary increases in 2023, and executive bonuses will be 'down considerably'
TECHNOLOGY POWERING BUSINESS
News Incomes
Google Staff In London Walkout Over Job Cuts
Some of Google's 5,000 staff in the UK walkout over dispute about job cuts, mirroring similar walkout in Zurich last month
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
Amazon Pauses Construction At Second HQ In Virginia
Construction on the second phase Amazon's HQ2 in Virginia has been paused, amid cost cutting at the e-commerce giant
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
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
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
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 Revenue Down 40 Percent, As 500 Advertisers Pause Spending
Report that more than 500 advertisers have paused spending with Twitter, and it's daily revenue is 40 percent down from a year ago
Tim Cook Agrees To Huge Pay Cut
Apple acts on Tim Cook's recommendation and severely reduces his salary, but the CEO will still take home nearly $50 million
Amazon Staten Island Union Victory Upheld By Federal Board
Historic trade union victory at at Amazon’s Staten Island warehouse last year has been upheld, but Amazon said it will appeal again
Microsoft Officially Recognises First Ever Union
More unionisation among tech workforces. Staff at one of Microsoft's recent billion dollar plus acquisitions form trade union
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
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
Apple Staff In Glasgow Store Unionise
First time in the UK, staff at the Apple Store in Glasgow have unionised, following similar move in the United States
IT Spending To Grow 5.1 Percent In 2023, Says Gartner
Enterprise IT spending is forecast to shake off worries about a global economic recession, with growth predicted by Gartner
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 quarters of workforce
New York, Amazon Settle Pandemic Protection Lawsuit
Stand down. New York state's attorney general agrees to halt lawsuit against Amazon over alleged failures to protect workers during pandemic
Intel To Axe Thousands Of Jobs Amid PC Decline – Report
Chip giant is to begin a major headcount reduction this month, as Intel contends with falling PC sales, inflation, and supply chain
Apple Store Staff Down Under Vote To Strike
Better conditions. Demand for better pay and settled rosters see staff in Apple stores in Australia call for a strike action
Amazon Suspends 50 Staff At Staten Island Warehouse After Fire
Fifty workers at Amazon's only unionised American warehouse have been suspended after they refused to work after a fire
Amazon Freezes Corporate Hiring For Retail Operation
Confirmation from Amazon that it has paused hiring for corporate positions in its retail operation, after media report
Meta Platforms To Pause Hiring, Warns Of Restructuring – Report
Facebook parent Meta is to freeze hiring and further restructure, as Mark Zuckerberg says budgets will be reduced, headcount adjusted
Amazon Raises Pay For US Warehouse Workers, Drivers
The wage packets for Amazon warehouse workers and transportation drivers will get a welcome increase, in the United States at least
Spain Plans ‘Digital Nomad’ Visa For Remote Workers
Remote workers longing for a sunnier climate, are to be offered a 'digital nomad' visit and tax breaks by Spain
Amazon Loses Attempt To Overturn Staten Island Union Election
National Labor Relations Board official recommends rejection of Amazon's objections to historic union election in New York
Snap To Axe 20 Percent Of Staff – Report
Bad news on the tech jobs front. Over 1,000 employees at Snapchat parent Snap are reportedly to be handed their P45s today
Apple Privacy Head Steps Down – Report
Apple's chief privacy officer, Jane Horvath, is to leave the tech giant after 11 years in her role, and will instead join a law firm
Fired Amazon Union Organiser Alleges Retaliation
Leading organiser seeking to form a trade union at an Amazon warehouse in Kentucky, alleges firm fired him in retaliation for his activities