The cuts come against a background of very rapid growth by the company over the last two to three years. Kim Davis on January 31, 2023 This afternoon, HubSpot announced it would be making cuts in its workforce during Q1 2023. In a Securities and Exchange Commission filing it put the scale of the cuts at … Continue reading HubSpot to cut around 7% of workforce by end of Q1
Category Archives: Employee Layoffs
Google is laying off 12,000 employees as another brutal week comes to an end for tech
By Michael Grothaus January 20, 2023 Google and WeWork are the latest companies to announce layoffs in what has been a brutal few months for tech workers. On Friday, Google CEO Sundar Pichai announced that the search giant was cutting approximately 12,000 jobs. The cuts span the globe and myriad departments at Google’s parent … Continue reading Google is laying off 12,000 employees as another brutal week comes to an end for tech
Here’s how 3 workers have rebounded after getting laid off
By Anastasia Chernikova January 18, 2023 The trend of massive tech layoffs has continued from 2022 into 2023. In 2022, at least 140,000 tech workers lost their jobs, far outpacing 2020 and 2021. For instance, Meta cut around 11,000 workers, about 13% of its workforce, and Snap laid off 1,200 workers, about 20% of … Continue reading Here’s how 3 workers have rebounded after getting laid off
Voice AI company SoundHound has reportedly laid off half its workforce
SoundHound wants to take on Google and Amazon in voice AI Jessica Conditt @JessConditt When it comes to voice recognition software, SoundHound is definitely not as big a name as Google or Amazon — yet. SoundHound has raised $75 million in support of its efforts to create artificial intelligence systems capable of recognizing complex … Continue reading Voice AI company SoundHound has reportedly laid off half its workforce
Wall Street layoffs continue across the board. Here’s the latest
By Samar Marwan January 13, 2023 In the first year of the pandemic, Wall Street went on a hiring spree to staff up for the wave of companies that merged and IPOed. Now, with interest rates continuously climbing, the banks are backpedaling and scaling back their workforces. Here’s a roundup of some recently impacted companies: … Continue reading Wall Street layoffs continue across the board. Here’s the latest
Parler has reportedly cut ‘majority’ of staff in recent weeks
Kanye West is buying controversial ‘free speech’ app Parler Steve Dent @stevetdent Last week, Kanye West (aka Ye) was locked out of his Twitter and Instagram accounts following a weekend of antisemitic posts. Now, the saga has taken a sharp turn with news that the hip-hop mogul is acquiring the controversial “free speech” social … Continue reading Parler has reportedly cut ‘majority’ of staff in recent weeks
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