Electric car giant Tesla will reportedly undertake another round of job layoffs in the next quarter, and freeze all hiring
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Meta Halts Construction Of Two Data Centres In Denmark
Meta axes construction of two additional data centres in Europe, as Facebook continues cost cutting measures
Thousands Of Intel Staff In Ireland Offered Unpaid Leave – Report
'Voluntary time off program' reportedly underway in Ireland, where 2,000 out of 5,000 Irish staff offered unpaid leave
HP To Layoff 4,000 To 6,000 Staff Over Next Three Years
Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed three years ago
Mark Zuckerberg Will Not Resign In 2023, Says Meta
Meta spokesman denies report that suggests CEO Mark Zuckerberg is set to resign in 2023, amid investor pressure over financials and Metaverse
Amazon Alexa Labelled ‘Colossal Failure’ – Report Alleges
Amazon's 10,000 job cuts reportedly impacts Alexa unit the hardest, while device hardware group is described as 'division in crisis'
Most Twitter Staff Refuse Musk Ultimatum – Report
Reports suggest 75 percent of Twitter's remaining staff refused Musk's “hardcore” ultimatum, as offices are closed until Monday
Amazon CEO Andy Jassy Says Layoffs Will Continue Into 2023
CEO memo to Amazon workers confirms layoffs will continue into next year, with total number of job losses still to be determined
Amazon Begins Culling Device Unit Staff, Amid 10,000 Layoffs
Memo from Amazon hardware boss reveals layoffs among its devices and services team have begun, amid company plan to axe 10,000
Elon Musk Demands Twitter Staff Agree To Long Hours In ‘Hardcore’ Email
Twitter staff ordered in Musk ultimatum email to choose to work “long hours at high intensity” or leave. They have until Thursday to decide
Elon Musk Fires Majority Of Twitter’s External Contractors
More firings. Elon Musk reportedly axes 4,400 of 5,500 external contractors that worked on Twitter's content moderation
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
FTX Crypto Exchange Files For Bankruptcy, CEO Resigns
Chapter 11 for cryptocurrency exchange FTX, after it failed to secure rescue bid and additional funding. CEO Sam Bankman-Fried resigns
FTC Closely Watching Developments At Twitter, As More Resign
Elon Musk raises possibility of bankruptcy at Twitter, as entire privacy and compliance team resigns prompting FTC warning
More Twitter Departures As Security Boss Resigns
Exodus at Twitter continues, after security chief Lea Kissner confirms resignation from the microblogging platform
Meta To Axe More Than 11,000 Staff
Mark Zuckerberg tells Meta staff that he is axing more than 13 percent of the workforce, and will extend hiring freeze into Q1
Meta Expected To Announce Mass Layoffs This Week
Facebook parent Meta reportedly planning layoffs to affect thousands of staff, with announcement coming as soon as Wednesday
Twitter UK Staff Given Notice For Cuts Consultation
Twitter UK staff given three days to nominate representative for consultation amidst mass layoffs by new owner Elon Musk
Elon Musk Begins Mass Lay-Offs At Twitter
Mass layoffs begin Friday morning, amid speculation Elon Musk will axe at least half of platform's 7,000 strong workforce
Lyft Confirms Hundreds Of Job Losses
Major job losses at ride hailing firm Lyft, as it says it will axe 13 percent of its workforce – roughly 683 employees
Twitter Staff Brace Amid Reports Musk Will Axe Half Of Workforce
Beleaguered staff at Twitter are bracing themselves for bad news, amid multiple reports Elon Musk will axe half of the workforce
Elon Musk Sets $8 Blue Tick Fee, As Twitter Exodus Continues
Twitter witnesses more high-level executive departures, as Elon Musk sets $8 per month fee for 'blue tick' users, despite protests
Twitter Advertising Exec Resigns After Musk Takeover
Chief Commercial Officer at Twitter, Sarah Personette, confirms she resigned last Friday after Elon Musk takeover
Elon Musk Dissolves Twitter’s Board Of Directors
Call me Chairman Musk. Tesla CEO becomes the sole director of Twitter after he dissolves its board of directors
Elon Musk Enters Twitter HQ Carrying Sink, As Deal Deadline Nears
Ahead of Friday's deadline, Elon Musk visits Twitter HQ carrying sink – reportedly tells staff he doesn't plan to axe 75 percent of jobs
Meta Shareholder Urges Job Cuts, Metaverse Spending Reduction
Investor says Meta has too many staff, and must reduce its hefty investment in metaverse tech in order to regain mojo
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
Germany Fires Cybersecurity Head Over Allegations Of ‘Russia Ties’
German cybersecurity chief Arne Schoenbohm has been sacked by officials over allegations of ties to Russia
Microsoft Confirms Second Round Of Job Cuts
Confirmation of second tranche of job losses at Microsoft, as less than 1,000 staff are let go, amid worsening economic outlook
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