Twitter staff ordered in Musk ultimatum email to choose to work “long hours at high intensity” or leave. They have until Thursday to decide
News Management
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
Crypto.com Reassures Investors After FTX Collapse
Cryptocurrency exchange Crypto.com reassures users company is 'secure' after spectacular fall of major player FTX last week
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
President Biden Says Elon Musk Relationships With Other Countries...
National security threat? President Biden says Elon Musk's relationships with other countries “is worthy of being looked at”
Foxconn To Adjust iPhone Production To Mitigate Factory Lockdown
Chairman of Foxconn seeks to ramp up production at main iPhone factory, after Apple warns of customer delays for new iPhones
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
Amazon Pauses Corporate Workforce Hiring
Weeks after it paused hiring for corporate retail jobs, Amazon extends hiring freeze for roles across its corporate workforce
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
Microsoft Extends Free Tech Support For Ukraine
Software giant Microsoft confirms it will extend its technology support for Ukraine free of charge throughout 2023, amid the Russian invasion
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
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
Microsoft Says Talent Shortage Hampers Climate Change Fight
Brad Smith, Microsoft's President, predicts thousands of businesses will fail to meet climate change pledges over lack of staff training
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
Musk ‘To Axe Quarter Of Twitter Staff’
Elon Musk reportedly to cut quarter of Twitter staff in first round of layoffs as he reassures EU about removing illegal content
Chip Sales Contract As Semiconductor Shortage Turns To Glut
Worldwide chip sales decline for first time since early 2020 amidst shrinking demand for PCs, smartphones and consumer electronics
Covid Walkouts At Foxconn Plant Affect iPhone Production
Workers at Foxconn's biggest iPhone plant in Zhengzhou, China, return to home cities amist rising Covid-19 cases
Musk Denies Cutting Twitter Jobs To Avoid Payouts
Elon Musk denies timing job cuts to avoid making end-of-year stock grant payouts to Twitter staff as he takes control of company
Australian Defence Contractor Hit By Ransomware
Ransomware attack on defence communications platform ForceNet is latest high-profile cyber incident to hit Australian organisations
Samsung Names Jay Y. Lee Executive Chairman
Heir to the Samsung empire, Jay Y. Lee, returns in symbolic move as executive chairman after receiving presidential pardon
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
Alphabet To Cut Hiring By Half, As YouTube Declines
Second bellwether for tech sector posts its financials – Alphabet reveals disappointing ad sales, sparking fears for digital media sector