By Grace Carroll February 15, 2023 Lately, it feels like the word on everyone’s mind is “layoffs.” The wave of tech and finance companies joining the 6% club has big implications for markets, industries, and the economy at large. But layoffs also have an important emotional dimension—one that often gets lost in the discourse. … Continue reading Getting laid off is not your fault. Here’s why it’s crucial to believe that
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
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
Elon Musk gives employees two days to commit to ‘hardcore’ Twitter or lose their jobs Mariella Moon @mariella_moon Twitter might lose even more employees following the mass layoffs that halved its workforce and shortly after the company fired engineers who publicly called out its new owner. According to The Washington Post, Elon Musk … Continue reading Twitter has reportedly laid off more of its global content moderation team
Twitter has reportedly dismissed Elon Musk’s personal lawyer Igor Bonifacic @igorbonifacic In one of his first all-hands meetings after taking over the company in October, Elon Musk told Twitter employees the website’s financial position was dire, warning bankruptcy was “not out of question.” Since then, it appears the situation at Twitter has become more … Continue reading Twitter has reportedly laid off part of its infrastructure team
By Mita Mallick November 27, 2022 As we scroll through our social media feeds, news of layoffs continue to dominate the headlines: “Thousands at Meta, Twitter, Salesforce lost jobs this week—the shock could ripple through the economy for months” and “Mass Layoffs Are Happening at Amazon” and “Disney Plans Layoffs, Rigorous Review Of Spending … Continue reading How to support a friend who has been laid off
By Andrew Fennell November 18, 2022 Twitter’s job cuts may be dominating news headlines right now, but that’s just part of a massive wave of layoffs from tech firms this year. The industry has been rocked with redundancies. Such big names as Amazon, Microsoft, Meta, and Google have all recently made cuts. If … Continue reading 5 steps to take if you have been laid off
By Dina Smith November 17, 2022 Every time we turn on the news, there seems to be news of another mass layoff. But when you’re one of those people who just lost their job for circumstances beyond your control, it’s far more than a news story. Your life has been abruptly upended. And … Continue reading How to bounce back from getting laid off
By Mita Mallick November 15, 2022 As 2022 comes close to an close, many organizations are laying off workers. According to a recent KPMG survey, more than half of U.S. CEOs are considering layoffs and restructuring in anticipation of a 2023 recession. In recent weeks, media headlines have been filled with a wave … Continue reading What to do if you got laid off, and now the company wants you back
By Adam Bluestein September 14, 2022 Since the beginning of 2022, the tech industry has laid off more than 78,000 employees, according to tracker Layoffs.fyi, with startups and Big Tech firms alike (including Snap, Tesla, Coinbase, TikTok, and Twitter) aggressively thinning ranks. While many of the affected workers have already shuffled, or will, into roles … Continue reading Laid off by Big Tech? Big Pharma wants you
