Hundreds of job losses at Google, as staff are handed marching orders across multiple teams, amid exit of FitBit co-founders
TECHNOLOGY POWERING BUSINESS
News Lay Off
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 Incident’
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 Expert
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
Product Boss Panos Panay Departs Microsoft
Changing of the guard. Top executive at Microsoft in charge of Surface product line, Panos Panay, abruptly exits Redmond
Alphabet Cutting Hundreds Of Jobs In Recruitment Unit
More job cuts at Google, as executive confirms “significant reduction” to its global recruiting organisation
Binance Product Head Resigns Amid US Investigation
Binance's global head of product resigns, amid a number of executive departures, job losses, and US regulatory lawsuit
Elon Musk To Auction Twitter Signs, Backs Verbal Cage Fight With Zuck
X owner Elon Musk auctions off Twitter signs, and hints at 'verbal cage fight' with Mark Zuckerberg instead
Facebook Parent Meta Profits From Advertising Increase
Year of efficiency paying off for Mark Zuckerberg, as Meta enjoys a strong second quarter thanks in part to advertising uptick
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
Alphabet CFO Steps Aside, As Q2 Profit Beats Expectations
CFO Ruth Porat to take charge of Google's 'Other Bets' portfolio, as second quarter profit beat expectations
Twitter Owes Former Staff $500m, Lawsuit Claims
Lawsuit from Twitter's head of employee benefits alleges Elon Musk platform owes sacked staff $500m in severance payments
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
Silicon UK Pulse: Your Tech News Update: Episode 10
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 07/07/2023.