redundancies

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 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

Crypto.com Axes 20 Percent Of Staff

After the FTX collapse, Singapore's cryptocurrency exchange Crypto.com announces restructuring and axes staff

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

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

Twitter’s Public Policy Boss Departs, Amid Ongoing Layoffs

More concern for US and European regulators as Twitter's head of public policy departs amid additional layoffs at the platform

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

HP To Layoff 4,000 To 6,000 Staff Over Next Three Years

Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed…

2 years ago

Amazon CEO Andy Jassy Says Layoffs Will Continue Into 2023

CEO memo to Amazon workers confirms layoffs will continue into next year, with total number of job losses still to…

2 years ago

Amazon Begins Culling Device Unit Staff, Amid 10,000 Layoffs

Memo from Amazon hardware boss reveals layoffs among its devices and services team have begun, amid company plan to axe…

2 years ago

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

2 years ago

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

2 years ago

More Twitter Departures As Security Boss Resigns

Exodus at Twitter continues, after security chief Lea Kissner confirms resignation from the microblogging platform

2 years ago

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…

2 years ago

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

2 years ago

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 –…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago