Category Archives: Employee Layoffs

The effects of big layoffs on a company’s Glassdoor ratings can linger for years

July 21, 2026 The effects of big layoffs on a company’s Glassdoor ratings can linger for years BY Ella Chakarian From tech to finance, mass layoffs are rippling through industries this year. Companies including Amazon, Meta, and Oracle have slashed thousands of roles, typically citing AI adoption or broader restructuring as the reason for the cuts. … Continue reading The effects of big layoffs on a company’s Glassdoor ratings can linger for years

Days after announcing mass layoffs, Xbox CEO Asha Sharma tapped to advise the Federal Reserve on jobs

Days after announcing mass layoffs, Xbox CEO Asha Sharma tapped to advise the Federal Reserve on jobs That’s a choice. By Anna Washenko July 9, 2026   Pabradyphoto/Getty Images The US Federal Reserve has announced the industry leaders who will head up its various task forces guiding monetary policies. The country’s central bank has made some … Continue reading Days after announcing mass layoffs, Xbox CEO Asha Sharma tapped to advise the Federal Reserve on jobs

What Microsoft is offering laid-off employees in severance

July 08, 2026 What Microsoft is offering laid-off employees in severance BY Ella Chakarian After announcing layoffs that impact 2.1% of its global workforce, Microsoft is providing most U.S. employees up to 39 weeks of base pay, according to severance offers reviewed by Business Insider. The U.S. severance package includes a minimum of 60 days of … Continue reading What Microsoft is offering laid-off employees in severance

Microsoft to cut 4,800 jobs in major Xbox and gaming division ‘reset’

July 06, 2026 Microsoft to cut 4,800 jobs in major Xbox and gaming division ‘reset’ BY Associated Press Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business. The layoffs included 1,600 Xbox workers, with more to come this year in a broader reorganization designed … Continue reading Microsoft to cut 4,800 jobs in major Xbox and gaming division ‘reset’

Microsoft layoffs: Read the email Xbox CEO Asha Sharma sent employees

July 06, 2026 Microsoft layoffs: Read the email Xbox CEO Asha Sharma sent employees BY Ella Chakarian   Last month, there were murmurs that “major job cuts” were coming for Xbox. Now, Microsoft is cutting 4,800 roles, with 1,600 impacting its Xbox division today. In an email to employees, Xbox CEO Asha Sharma called it “the … Continue reading Microsoft layoffs: Read the email Xbox CEO Asha Sharma sent employees

Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs

June 30, 2026 Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs BY Ella Chakarian During an interview last week on Complex’s Idea Generation series, Meta CEO Mark Zuckerberg addressed one of the industry’s most contentious points: whether or not AI will lead to widespread employment loss. “There’s a lot of anxiety … Continue reading Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs

Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’

June 15, 2026 Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’ BY Ella Chakarian   In July, Xbox may be the next brand hit with major changes to its workforce.  According to Bloomberg, people familiar with Xbox’s strategy said that it is “planning major job cuts next month,” although the scale … Continue reading Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’