Post Covid pandemic reality bites as Zoom confirms it will axe 15 percent of its workforce, which impacts 1,300 jobs
TECHNOLOGY POWERING BUSINESS
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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
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
PayPal To Axe 7 Percent Of Workforce
More job losses as PayPal announces plan to lay off 2,000 staff amid “challenging macroeconomic environment”
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
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
Twitter Plans More Staff Layoffs – Report
Weeks after Elon Musk tells Twitter staff there will be no further layoffs, comes report of more redundancies
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 are to go
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
Crypto.com Axes 20 Percent Of Staff
After the FTX collapse, Singapore's cryptocurrency exchange Crypto.com announces restructuring and axes staff
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
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
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
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 workforce
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 of its workforce
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
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
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 three 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 be determined
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 10,000
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
More Twitter Departures As Security Boss Resigns
Exodus at Twitter continues, after security chief Lea Kissner confirms resignation from the microblogging platform
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
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
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
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