August 09, 2024 Tech and media layoffs August 2024 update: Paramount Global, Dell, LegalZoom, Axios cut jobs A number of high-profile firms in the tech and media sectors are significantly reducing their workforces. Here’s what to know. BY Michael Grothaus It hasn’t been a good month for job security in the media and tech industries as … Continue reading Tech and media layoffs August 2024 update: Paramount Global, Dell, LegalZoom, Axios cut jobs
Intel will cut over 15,000 jobs in a sweeping cost-cutting effort The company’s Q2 net loss was $1.6 billion. anna washenko Fri, Aug 2, 2024 ASSOCIATED PRESS In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, … Continue reading Intel will cut over 15,000 jobs in a sweeping cost-cutting effort
July 31, 2024 80% of managers say they use layoffs as a soft firing, and not for cost-cutting According to a new survey, business leaders have used layoffs to head off lawsuits and avoid hurting employees’ feelings, among other reasons. BY Shalene Gupta Technically, layoffs occur because a company is cost-cutting or restructuring, and not through … Continue reading 80% of managers say they use layoffs as a soft firing, and not for cost-cutting
Humble Games reportedly lays off its entire staff The publisher confirmed it is making layoffs, but didn’t say how many. anna washenko Updated Wed, Jul 24, 2024 Humble Games Humble Games has reportedly laid off all 36 of its staff. Former employees posted about the layoffs on social media. Humble Games is owned … Continue reading Humble Games reportedly lays off its entire staff
July 10, 2024 VW’s Audi factory in Brussels may close due to low demand for EVs Demand for Audi’s Q8 e-tron, launched in 2018, had dropped sharply and the carmaker was considering ending its production altogether, with one source close to the company saying this could happen in 2025. BY Reuters Volkswagen on Tuesday warned it … Continue reading VW’s Audi factory in Brussels may close due to low demand for EVs
Dead by Daylight maker Behaviour announces its second round of layoffs this year The company is firing up to 95 workers. kris holt Tue, Jun 4, 2024 Behaviour Interactive For the second time this year, Behaviour Interactive has announced a round of layoffs. The Dead by Daylight maker says it will dismiss as many as … Continue reading Dead by Daylight maker Behaviour announces its second round of layoffs this year
May 02, 2024 Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship It’s the fifth round of staff reductions at the connected fitness company since 2021 and the second boss exit in recent years. BY Emily Price After surging in popularity during the early days of the pandemic, … Continue reading Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship
April 17, 2024 After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package The struggling EV carmaker is urging shareholders to vote again for the payout, which would be the largest ever awarded in corporate history, after a Delaware court nullified it in January. BY Clint Rainey With Tesla stocks trading … Continue reading After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package
April 17, 2024 Tech layoffs: Google and Rivian both cut jobs Nearly 75,000 tech employees have lost their jobs so far this year. BY Chris Morris The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. … Continue reading Tech layoffs: Google and Rivian both cut jobs
Take-Two plans to lay off 5 percent of its employees by the end of 2024 Last month CEO Strauss Zelnick said, “The hardest thing to do is to lay off colleagues and we have no current plans.” Jessica Conditt Updated Wed, Apr 17, 2024 Take-Two Interactive Take-Two Interactive plans to lay off 5 percent … Continue reading Take-Two plans to lay off 5 percent of its employees by the end of 2024
