job losses

Meta Pleases Investors After Sales Rise, As Profits Dive

Plunge in profits at Facebook parent, but Meta pleases Wall Street after sales rose for first time after three quarters…

2 years ago

Meta Lays Off Technical Staffers, In Another Workforce Blow

Second tranche of layoffs begin at Meta Platforms, as engineers and other technical staff are made redundant

2 years ago

Google Staff In London Walkout Over Job Cuts

Some of Google's 5,000 staff in the UK walkout over dispute about job cuts, mirroring similar walkout in Zurich last…

2 years ago

Virgin Orbit Lays Off 85 Percent Of Staff

Nearly 700 jobs to go at Sir Richard Branson’s rocket company Virgin Orbit Holdings, amid reports it will cease operations

2 years ago

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”

2 years ago

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…

2 years ago

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…

2 years ago

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

2 years ago

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

2 years ago

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

2 years ago

Avaya Files For Chapter 11 Protection, Again

Filing for bankruptcy protection will allow cloud comms provider Avaya to reduce its total debt burden to manageable levels

2 years ago

Yahoo To Lay Off 20 Percent Of Workforce

Job losses to begin at Yahoo with 1,600 staff set to lose their positions, in latest tranche of layoffs impacting…

2 years ago

Zoom Sheds 15 Percent Of Workforce

Post Covid pandemic reality bites as Zoom confirms it will axe 15 percent of its workforce, which impacts 1,300 jobs

2 years ago

Rivian To Axe 6 Percent Of Jobs Amid EV Price War

Another tranche of job losses for Rivian Automotive, after it says it is laying off 6 percent of its workforce

2 years ago

UK NCC Group To Cut Workforce By 7 Percent – Report

More tech cuts but closer to home. Manchester-based cybersecurity firm NCC Group will cut workforce by 7 percent

2 years ago

PayPal To Axe 7 Percent Of Workforce

More job losses as PayPal announces plan to lay off 2,000 staff amid “challenging macroeconomic environment”

2 years ago

Intel Cuts Pay For Staff, Executives

Salaries for mid-level staff and senior management at Intel have been cut after it posted lower-than-expected sales forecast

2 years ago

IBM And SAP To Cut Thousands Of Jobs

Two more tech players announce culling of thousands of jobs, with IBM letting go 3,900 positions and SAP cutting 3,000

2 years ago

Twitter Ad Spending Fell Over 70 Percent In December – Report

New data suggests advertisers continue to shun Elon Musk's Twitter, as another report states there are now just 550 engineers…

2 years ago

Twitter Plans More Staff Layoffs – Report

Weeks after Elon Musk tells Twitter staff there will be no further layoffs, comes report of more redundancies

2 years ago

Microsoft Confirms It Will Axe 10,000 Jobs

Software giant Microsoft adds to the glut of job losses occurring within the tech sector, after it confirms 10,000 jobs…

2 years ago

Microsoft To Cut Thousands Of Jobs – Report

Software giant Microsoft said to be finalising plans to axe 11,000 positions, in latest job cull in tech industry

2 years ago

Britishvolt Calls In Administrators, After Months Of Struggle

Despite staff at battery start-up Britishvolt in Northumberland taking a pay cut last year, the firm has now filed for…

2 years ago

Alphabet Unit Verily To Axe 15 Percent Of Staff – Report

Verily is to axe 15 percent of its workforce as it reportedly seeks to distance itself from Google owner Alphabet

2 years ago

Twitter Makes More Cuts To Trust, Safety Teams – Report

Is there anyone left to sack? Owner Elon Musk reportedly makes more layoffs to Twitter’s trust and safety teams

2 years ago

Twitter’s Last Pre-Musk Executives Resign

Katie Marcotte, a 10-year Twitter veteran and it's acting head of human resources, plus product engineering head Behnam Rezaei, have…

2 years ago

Amazon To Axe More Than 18,000 Jobs

E-commerce giant Amazon is to axe thousands more staff than previous reported, as major layoffs continue in early 2023

2 years ago

Salesforce To Axe more Than 10,000 Staff

More bad news for Salesforce staffers, as Marc Benioff confirms firm will again axe employees, this time 10 percent of…

2 years ago

Micron To Axe 10 Percent Of Staff, Amid Heavy Fab Spending

As it spends billions of dollars building new chip plants in the US, Micron confirms it will axe 10 percent…

2 years ago

Tesla Staff Face New Layoffs – Report

Electric car giant Tesla will reportedly undertake another round of job layoffs in the next quarter, and freeze all hiring

2 years ago