Another blow for jobs market. PayPal to lay off 2,500 jobs as part of move to “right-size” the payments firm
News Lay Off
Salesforce Lays Off 700 Staff – Report
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
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 “long-term success”
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”
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
Amazon Lays Off 5 Percent Of Staff At ‘Buy With Prime’...
Layoff misery continues as Amazon cuts 5 percent of staff at its 'Buy with Prime' unit, after cuts to other divisions last week
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 “make tough choices”
Google Axes Hundreds Of Staff In Ad Sales Team
More job loss misery at Google, after it confirmed hundreds of job losses in ad sales team, after 1,000 layoffs last week
Amazon Cuts Staff In Audible, Prime Video and MGM Studio Divisions
Bad week this week for staff at Amazon divisions, with job losses at Twitch, Prime Video, MGM Studies, and Audible units
Google Axes Staff In Assistant, Hardware, Engineering Teams
Hundreds of job losses at Google, as staff are handed marching orders across multiple teams, amid exit of FitBit co-founders
Twitch To Lay Off 35 Percent Of Staff – Report
Amazon-owned Twitch is handing a sizeable portion of its workforce the worst news in early 2024 by axing their jobs
SpaceX Illegally Fired Staff Critical Of Elon Musk, Says US Agency
National Labor Relations Board (NLRB) alleges SpaceX illegally fired staff who in 2022 had denounced Elon Musk's behaviour
Xerox Axes 15 Percent Of Workforce, Admits ‘Cyber...
Happy new year. Tech veteran Xerox is to hand out P45s to approximately 3,000 employees in the first quarter of 2024
Hyperloop One To Close Down – Report
Futuristic travel experiment Hyperloop One to cease operations, as assets sold off and remaining staff made redundant
ARM Lays Off Workers In China – Report
ARM Holdings has laid off over 70 software engineers in China, but will relocate some of the roles outside of Asian nation
GM’s Cruise Dismisses Nine Executives, Faces Fine
Nine executives dismissed at Cruise, amid reports it faces $1.5m penalty for allegedly misleading regulators after accident
Meta Pressure Led To Harvard Termination, Alleges Misinformation...
Mark Zuckerberg donation of $500 million alleged to have pressured Harvard University into firing misinformation expert
Spotify To Axe 1,500 Jobs In Cost-Cutting Drive
Music-streaming service Spotify to slash 17 percent of workforce a month after stepping back from costly podcast drive
Broadcom To Axe 1,200 Staff After $69 Billion VMware Acquisition
Staff paying the price. A week after closing $61bn purchase of VMware, Broadcom begins laying off VMware employees
GM Cruise To Re-Launch Operation In One City – Report
A week after withdrawing all its autonomous cars, replacing its CEO, Cruise warns staff of layoffs and said it will re-launch in one city
Amazon Cuts Hundreds Of Jobs In Alexa Division
More job layoffs again at Amazon's Alexa division, on top of the 27,000 jobs already let go in the past twelve months
Gartner Cites Generative AI Impact On Business Going Forward
Focus on worker augmentation to improve productivity and quality of work, rather than role automation from AI, Gartner warns
Amazon Trials Humanoid Robot, Prompting Job Fears
Experiment to automate a couple of Amazon warehouse in the US via the use of robots, has prompted job loss concerns
Nokia To Axe 14,000 Jobs As US Demand Declines
Heavy job losses at Finnish telecoms supplier Nokia, amid weak demand for 5G equipment in US and elsewhere
LinkedIn To Cut More Jobs, In Second Round Of Layoffs
Another 668 people across LinkedIn's engineering, product, talent and finance teams are to be made redundant, in second tranche of job losses
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
TalkTalk To Split Into Three Companies, With CEO To Step Down
Job losses expected, as TalkTalk confirm plan to “demerge its main operating businesses” into three standalone entities
Meta Surrenders Lease At One London Building
Tech office consolidation, after report Meta Platforms handed back lease on one building near Euston Station in London