Internal memo to eBay staff confirms 1,000 jobs or 9 percent of full-time employees, will be axed to ensure firm's “long-term success”
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News job losses
SAP To Restructure 8,000 Jobs, Amid Business AI Push
Restructuring plan at SAP will impact 8,000 jobs, as firm focuses “on scalability of operations and Business AI”
Amazon Lays Off 5 Percent Of Staff At ‘Buy With Prime’ Unit
Layoff misery continues as Amazon cuts 5 percent of staff at its 'Buy with Prime' unit, after cuts to other divisions last week
Google CEO Warns Staff To Expect More Job Cuts – Report
Internal memo from CEO Sundar Pichai warns Google staff to brace for more job cuts, as the firm has to “make tough choices”
Google Axes Hundreds Of Staff In Ad Sales Team
More job loss misery at Google, after it confirmed hundreds of job losses in ad sales team, after 1,000 layoffs last week
Amazon Cuts Staff In Audible, Prime Video and MGM Studio Divisions
Bad week this week for staff at Amazon divisions, with job losses at Twitch, Prime Video, MGM Studies, and Audible units
Google Axes Staff In Assistant, Hardware, Engineering Teams
Hundreds of job losses at Google, as staff are handed marching orders across multiple teams, amid exit of FitBit co-founders
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
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
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
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
Meta Profit Soars From Ongoing Strong Ad Spending
Meta Platforms beats expectations in its Q3 financials, helped by an ongoing uptick in digital ad spend and cost cutting measures
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
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
Newport Wafer Fab To Cut Jobs, Blames Government Restrictions
National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues
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
AI Growth Prompts Job Takeover Fears, Corndel Finds
Younger employees in particular fear their jobs are at risk due to the rise of artificial intelligence (AI), Corndel finds
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
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
Google Axes Waze Staff Amid Consolidation
Worrying sign for Waze? Six months after Alphabet merged its Waze and Google Maps teams, comes news of Waze layoffs
Reddit To Axe 5 Percent Of Workforce
More layoffs in tech sector, as Reddit confirms it will dismiss approximately 5 percent of its workforce and reduce hiring
Meta Starts Axing Nearly 20 Percent Of Irish Workforce
Nearly 500 jobs are being axed at Meta's international headquarters in Ireland, in its third and final round of layoffs
BT To Cut 55,000 Jobs By 2030
Sign of things to come? BT is cull 55,000 jobs by 2030, and says that a fifth of the roles will be replaced by AI
Vodafone To Cut 11,000 Jobs, After Strategic Review
New boss of Vodafone loses little time and confirms 11,000 jobs are to go, as the operator seeks to turn around its fortunes
Microsoft Freezes Salaries, Amid Economic Uncertainty
CEO Satya Nadella informs Microsoft workforce there will be no salary increases in 2023, and executive bonuses will be 'down considerably'