Major job losses at ride hailing firm Lyft, as it says it will axe 13 percent of its workforce – roughly 683 employees
TECHNOLOGY POWERING BUSINESS
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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
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
Amazon Freezes Corporate Hiring For Retail Operation
Confirmation from Amazon that it has paused hiring for corporate positions in its retail operation, after media report
Snap To Axe 20 Percent Of Staff – Report
Bad news on the tech jobs front. Over 1,000 employees at Snapchat parent Snap are reportedly to be handed their P45s today
Apple Axes 100 Recruiters, Amid Hiring Slowdown – Report
Hiring slowdown at Apple? Tech giant reportedly lets go 100 contract-based recruiters in the past week as it tightens spending
Robinhood Axes 23 Percent Of Jobs, Dismisses Talk Of Sale
CEO confirms further job cuts at trading app Robinhood, with another 23 percent of staff set to be culled from the workforce
Rivian Confirms It Will Cut 6 Percent Of Staff
Axe is to fall on 600 jobs at the electric truck maker Rivian, as it restructures to “optimise costs” in worsening economy
Apple To Slow Hiring And Spending In 2023 – Report
Some teams at Apple will reportedly experience slow hiring and spending in 2023, as another tech giant tightens its belt
Rivian To Brief Staff About Restructuring, Potential Layoffs
More bad news for jobs? Staff at Rivian are to be briefed this week about restructuring and potential layoffs at the electric truck maker
Tesla Sued By Former Employees Over Mass Layoffs
Two former Tesla workers at battery plant in Nevada sue company saying they were given no notice, as firm cuts headcount by 10 percent
What Did Elon Musk Tell Twitter Staff?
Elon Musk addressed Twitter staff on Thursday, and touched upon potential layoffs, alien life, remote working, and free speech
Virgin Hyperloop Axes Half Of Staff, Abandons Passenger Transport Goal
Over 100 staff axed as Virgin Hyperloop abandons plan for passenger transport, in favour of freight or cargo transportation
BT Reaches Union Agreement Over Modernisation
Threat of strike action removed, after BT Group reaches agreement with its largest union, the Communication Workers Union
IBM Warns Global Business Services Staff Of Redundancies
More job cuts are looming at Big Blue as employees of Global Business Services division are warned of headcount reduction
IBM Hit With Another Age Discrimination Lawsuit
Big Blue once again accused of axing older staff, after another age discrimination lawsuit is filed against grandfather of tech industry
Bletchley Park Faces Funding Crisis, Prepares To Axe Staff
World war 2 code breaking centre is facing a funding crisis due to Coronavirus pandemic, with third of workforce being laid off
IBM To Cut Thousands Of Jobs, But Will Still Pay Shareholders
Another round of layoffs is on the cards for IBM employees, as new CEO swings the headcount axe, but insists he will still deliver shareholder dividend
IBM Looks To Have Settled Age Discrimination Lawsuit
Big Blue looks to have settle an age discrimination lawsuit after it allegedly axed mostly older staff and move jobs overseas
Intel Faces Age Discrimination Allegations Over Layoffs – Report
Chip giant become latest tech firm to be investigated over alleged age bias by axing mostly older staff
Report Alleges IBM Age Discrimination With Layoffs
Big Blue allegedly flouts rules against age bias, axing mostly older staff and moving jobs overseas
Rackspace Cuts 6 Percent Of US Workforce As It Refocuses
Rackspace CEO admits 'personally painful' workforce reduction to 'seize opportunities'
Twitter To Reduce Its Workforce ‘By 8 Percent’
The company will reportedly fire about 300 staff as efforts to find a buyer fall through
Microsoft ‘Streamlines’ Smartphone Business With 1,850 Job Cuts
Latest retreat from the mobile market will cost Microsoft around £650m
IBM Prepares Massive Round Of Job Cuts
P45 time for US staffers at IBM as reports emerge of large scale layoffs with reduced severance packages
BlackBerry Cuts Yet More Jobs
Layoffs at company’s home-town plant will help BlackBerry ‘improve efficiency’
EMC Prepares Layoffs To Save £580m
Ahead of Dell acquisition, EMC will enact a "reduction in force" throughout 2016 to save cash
BlackBerry Confirms More Job Cuts
More jobs to go as John Chen’s BlackBerry restructuring bites hard