SoundCloud is laying off up to 20 percent of its workforce Mariella Moon @mariella_moon SoundCloud is joining the depressingly long list of companies in the tech industry that are letting personnel go due to the economic downturn. According to Billboard and Variety, company CEO Michael Weissman told employees in an email that it’s … Continue reading Soundcloud will lay off eight percent of its staff in hopes of becoming profitable
Amazon once again broke labor laws during New York unionization drive, judge rules Steve Dent @stevetdent Last month, Amazon failed to overturn a Staten Island warehouse’s vote to unionize and now it has taken another loss. A National Labor Relations Board (NLRB) judge has ruled that the the company broke federal labor laws … Continue reading Amazon again accused of breaking labor laws at unionized warehouse
Nuro’s third-gen driverless delivery vehicle includes an external airbag The driverless machine also hauls twice as much cargo. Jon Fingas|@jonfingas Nuro already has a third driverless delivery vehicle on the way, and this model is focused as much on protecting others as it is hauling goods. The newly introduced version, simply called Nuro, … Continue reading Nuro lays off 30 percent of staff, shifts focus to R&D
By Chris Morris May 02, 2023 Since generative AI burst into the public consciousness last year, people have been worried about how fast the technology would impact the workforce. Increasingly, the answer seems to be: A lot faster than anyone imagined. IBM is the latest to lean into AI at the expense of human … Continue reading IBM is pausing hiring on jobs that could be replaced by AI
By Michael Grothaus April 28, 2023 Over the past several months, the tech industry has been hit by mass layoffs at nearly every major company, including Meta, Google, Microsoft, and Amazon, to name a few. And just in the last week alone, Dropbox and Lyft joined the fray with significant staff reductions. But … Continue reading Leaders, your mass layoffs may have an unintended side effect that hurts the company’s bottom line
Everything you need to know about Clubhouse, the invite-only audio chat app Karissa Bell @karissabe On Sunday, Elon Musk nearly broke Clubhouse. It was the Tesla founder’s first appearance on the invitation-only audio app, and the conversation quickly pushed the app to its limit. The official stream maxed out with more than 5,000 … Continue reading Clubhouse is laying off employees and ‘resetting’ the company
By Laya Neelakandan April 27, 2023 In a Thursday message to Dropbox employees, cofounder and CEO Drew Houston announced the decision to cut down the company’s workforce by 16%, or 500 employees, blaming AI in forcing a shift in strategies. While the company has been profitable, Houston wrote that growth has slowed, leading some … Continue reading Dropbox layoffs: AI to blame for 16% job cut, CEO says
By Clint Rainey April 25, 2023 It’s easy to wonder if the recent, and in fact very much ongoing, waves of layoffs in tech and finance could be putting knots in these high-paying industries’ hiring pipelines. But not only does data show the number of job openings is up (here’s a report from earlier … Continue reading Mass layoffs haven’t dented pay for tech and finance internships, says Glassdoor
By Michael Grothaus April 20, 2023 It’s not just tech companies that are facing mass layoffs. Earlier this year, entertainment giant the Walt Disney Company announced it would cut 7,000 jobs in a phased layoff comprising three rounds. As CNBC reports, next week will see the second phase of those layoffs begin and it … Continue reading ESPN layoffs: Disney’s second round of job cuts will include some on-air talent
Meta begins its latest round of layoffs Jon Fingas @jonfingas Meta has started the layoffs it announced in March. The company has confirmed that it’s letting go of the first wave of the roughly 10,000 affected employees. CNBC notes that this initial round of job cuts focuses on technical roles, such as software … Continue reading Meta begins its latest round of layoffs
