By Jim Frawley January 22, 2024 Workers across the globe are biting fingernails and fighting restless leg syndrome as we anxiously follow the evolving state of the U.S. economy. Many of us are fearful and curious about what any change, small or large, might mean for the bottom line of our respective organizations and … Continue reading As waves of layoffs continue, here’s how workers can cope with economic uncertainty
By Michael Grothaus November 10, 2023 Update Friday, November 10: Job losses have continued at a number of tech companies in November, according to the latest stats from the online tracker Layoffs.fyi. Here are a few of the notable companies that have made significant staff cuts. Nextdoor The neighborhood-focused social platform said in its … Continue reading Tech layoffs update: Job losses continue in November
YouTube Premium family plan now costs $23 a month Sean Buckley @seaniccus If you subscribe to a YouTube Premium family plan, you may want to check your email: Google is notifying users that the monthly cost of the service will be going up by $5 a month. Starting in November, most users will … Continue reading YouTube test threatens to block viewers if they continue using ad blockers
By Michael Grothaus May 31, 2023 Layoffs have unfortunately been all too common in 2023. Tech layoffs by far have dominated headlines, with the tech industry cutting over 200,000 jobs since the start of the year, according to data compiled by Layoffs.fyi. Media layoffs have also garnered a lot of attention. But another industry … Continue reading Wall Street mass layoffs continue as Goldman Sachs plans new round of job cuts: reports
IAB: 2022’s 10.8% increase in digital advertising revenues was a drop from the previous year’s unprecedented 35% growth. Constantine von Hoffman on April 14, 2023 Digital advertising revenue growth slowed to 10.8% last year with a total of $ 209.7 billion spent, according to the annual report from the Internet Advertising Bureau (IAB), conducted by … Continue reading 2022’s strong digital ad revenue growth unlikely to continue
By Michael Grothaus February 27, 2023 It’s been another brutal month for workers in the tech and media industries. The month started with Disney announcing 7,000 job cuts and News Corp. announcing 1,250 of its own. Tech company job cuts also piled on in early February with the likes of Dell, eBay, Zoom, Yahoo, … Continue reading Mass layoffs continue in tech, this time led by Ericsson and Twitter
By Michael Grothaus February 06, 2023 It may be a new month, but the news hasn’t gotten any better when it comes to the tech sector. Since the end of 2022, nearly all major players in the tech industry have announced job cuts in order to reduce costs amid a feared economic slowdown and … Continue reading Tech’s mass layoffs continue as Dell plans to slash over 6,600 jobs: Report
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
Twitter verification has always been a mess. Charging $8 a month won’t fix it. Charging for verification would be a boon for scammers and impersonators. K. Bell @karissabe NurPhoto via Getty Images It’s only been a matter of days since Elon Musk took over Twitter, but he’s already shaking up the platform in major … Continue reading Advertisers continue to flee Twitter as civil rights groups call for a boycott
By Fast Company Staff August 01, 2022 The tech sector’s massive cost-cutting mission doesn’t appear to be slowing anytime soon. Once high-flying companies, with unprecedented valuations and growth-at-all-costs strategies, have started to scale back, as the economy appears to be heading for a slowdown. The efforts, which started in May, have resulted in massive … Continue reading Tech layoffs continue across the board: Here’s the latest
