Nearly 700 jobs to go at Sir Richard Branson’s rocket company Virgin Orbit Holdings, amid reports it will cease operations
TECHNOLOGY POWERING BUSINESS
News Management
Court Grants Twitter Subpoena To Identify Source Code Leaker
Hunting the leaker. Twitter's request to identify GitHub user who uploaded its source code has been approved by a US court
Guaranteeing Employee Loyalty for Organisational Success
Although the Cost of Living (CoL) crisis has left many UK employees under financial pressure, the record-breaking quit rates of the Great Resignation show no signs of slowing down.
Accenture To Cut 19,000 Jobs, After Lowering Forecasts
Accenture confirms it will axe 19,000 jobs, or 2.5 percent of its workforce, amid “significant economic and geopolitical uncertainty”
Government Launches NHS Cyber Security Strategy
NHS commitment. Government launches seven year cyber security strategy for the health and adult social care sectors
Virgin Orbit Nears Deal For Emergency Funding, After UK Launch Failure
Days after Virgin Orbit halted operations and furloughed staff, comes a report it is close to securing emergency funding
Just Eat Cuts 1,700 Jobs As Delivery Growth Slows
Just Eat cuts 1,700 delivery jobs a month after similar move by Deliveroo, as pandemic-era takeaway delivery growth stalls
Amazon To Cut 9,000 More Jobs
Amazon to cut further 9,000 jobs as it looks to 'streamline' company as uncertain economy follows pandemic hiring spree
Budget 2023: Industry Reaction To Quantum Investments etc
UK is the world's third largest tech economy, so Chancellor of the Exchequer Jeremy Hunt’s spring 'growth' budget has generated some reaction
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
California Court Says Uber, Lyft Workers Are Contractors
California appeals court upholds Proposition 22 measure that allows Uber, Lyft and others to designate workers as independent contractors
New Meta Layoffs ‘Could Match Those of Last Year’
Upcoming layoffs at Meta could reportedly cut same proportion of staff as those announced last November, as company reins in spending
Elon Musk Apologises To Sacked Twitter Worker
Musk issues rare apology over sacking of Twitter worker who publicly asked whether he had been fired or not, as he lays out turnaround plans
Failed Silicon Valley Bank UK Arm Sold To HSBC For £1
Government facilitates sale of UK operations of failed Silicon Valley Bank to HSBC as authorities work to limit fallout of biggest bank failure since 2008
FTC Admits It Is Investigating Twitter
Federal agency FTC confirms it is investigating Twitter under new CEO Elon Musk for potential violations of 2011 agreement
Musk Apologises After Mocking Fired Twitter Director
Haraldur Thorleifsson asked Elon Musk if he had been fired. Musk mocked him in his reply, but later backtracked and apologised
Alphabet’s Sundar Pichai Admits Some Google Offices Are Like ‘Ghost Town’
Google CEO defends desk-sharing policy during staff meeting, and admits that some offices are like a ‘ghost town’
How Businesses are Putting Gender Equality Back in the Tech Sector
It’s certainly no secret that the technology sector is still an incredibly male-dominated field. With only 27% of female students saying they would consider a career in technology, compared to 61% of males, the facts betray the truth n ...
Meta Planning Thousands More Job Cuts – Report
Zuckerberg's promise of “year of efficiency” at Meta likely to entail more job losses, according to media report
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
Zoom Abruptly Fires President Greg Tomb
After axing 15 percent of its workforce, Zoom abruptly fires President Greg Tomb in a “termination without cause”
Ericsson Pleads Guilty Over Bribery Charges, Axes 8,500 Jobs
Thousands of staff impacted by headcount reduction, as giant telecoms giant pleads guilty to US bribery charges
Waymo Cuts 8 Percent Of Staff
Alphabet's self-driving car division admits it has cut approximately 8 percent of workforce in two rounds of layoffs this year
Twitter Cuts 10 Percent Of Staff, Including #SleepWhereYouWork Exec
Latest round of cuts at Twitter affects 10 percent of staff, incuding executive pictured sleeping on floor last November
Nearly Half Cybersecurity Leaders Set To Change Jobs, Warns Gartner
Analyst house Gartner offering a chilling prediction for company management, warning nearly half cybersecurity bosses will change jobs
Meta Prepping Fresh Round Of Layoffs – Report
Facebook parent Meta is reportedly planning a fresh round of job cuts, after axing more than 11,000 staff last year
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
China Overhauls Overseas, Domestic IPO Rules
China introduces major overhaul of rules governing IPOs on mainland and overseas exchanges, following years-long crackdown
Apple ‘Lays Off Contractors’ Following Cook Pay Cut
Apple reportedly cutting costs by laying off 'hundreds' of contract workers, after slashing Tim Cook's pay by more than 40 percent
Elon Musk Denies Firing Tesla Staff After Unionisation Attempt
Union alleges Tesla fired 30 plus supporters of recent unionisation attempt, but Musk says decision was taken before this