EA is laying off over 650 employees An upcoming Star Wars first-person shooter was canceled as a result of the move. Pranav Dixit Updated Thu, Feb 29, 2024 REUTERS / Reuters Video game company Electronic Arts will lay off 5 precent of its workforce according to a report it filed with the Securities and … Continue reading EA is laying off over 650 employees
Tag Archives: Laying
Until Dawn and The Quarry developer Supermassive is reportedly laying off around 90 workers
Until Dawn and The Quarry developer Supermassive is reportedly laying off around 90 workers Indie studio Die Gute Fabrik has paused production amid funding difficulties. Kris Holt Mon, Feb 26, 2024 Supermassive Games/Sony Interactive Entertainment Yet another notable game studio is laying off a significant chunk of its workforce. Supermassive Games, the developer behind … Continue reading Until Dawn and The Quarry developer Supermassive is reportedly laying off around 90 workers
Rivian is laying off 10 percent of its salaried employees
Rivian is laying off 10 percent of its salaried employees The move comes after the electric car maker lost $1.5 billion in the last quarter of 2023 Pranav Dixit Thu, Feb 22, 2024 ASSOCIATED PRESS Electric car maker Rivian announced on Wednesday that it’s laying off 10 percent of its salaried workforce to cut … Continue reading Rivian is laying off 10 percent of its salaried employees
Mozilla is laying off around 60 workers
Mozilla is laying off around 60 workers The reorganization comes just one week after the company appointed a new CEO. Kris Holt Wed, Feb 14, 2024 AP Photo/Jeff Chiu Mozilla is the latest in a long line of tech companies to lay off employees this year. The not-for-profit company is firing around 60 people, … Continue reading Mozilla is laying off around 60 workers
eBay is laying off 9 percent of its workforce
eBay is laying off 9 percent of its workforce Around 1,000 full-time roles are axed. Richard Lai Updated Wed, Jan 24, 2024 eBay The latest tech giant impacted by the economy is eBay, which announced earlier today that it is reducing its workforce by around 1,000 roles. That apparently equates to roughly 9 percent … Continue reading eBay is laying off 9 percent of its workforce
Riot Games is laying off 11 percent of its workforce globally
Riot Games is laying off 11 percent of its workforce globally 530 people are impacted, and publishing label Riot Forge will be shut down later. Richard Lai Tue, Jan 23, 2024 Riot Games Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. … Continue reading Riot Games is laying off 11 percent of its workforce globally
Rent the Runway CEO on laying off 10% of the company: ‘This is a realignment around growth’
By Elizabeth Segran January 10, 2024 Rent the Runway, the 14-year-old fashion rental company, is restructuring, cutting 10% of its corporate jobs, which is equivalent to 37 employees. And its chief operating officer and president, Anushka Salinas, will leave at the end of the month, after 11 years at the company. Jennifer Hyman, Rent … Continue reading Rent the Runway CEO on laying off 10% of the company: ‘This is a realignment around growth’
Twitch is laying off 35 percent of its workforce
Twitch is laying off 35 percent of its workforce The Amazon division remains unprofitable due to high costs. Steve Dent Updated Wed, Jan 10, 2024, ASSOCIATED PRESS Amazon-owned Twitch is preparing to lay off 35 percent of its employees or a little over 500 people. The news was first reported by Bloomberg on Tuesday … Continue reading Twitch is laying off 35 percent of its workforce
Spotify laying off 17 percent of employees across the company
Spotify is laying off 1,500 employees, who will be notified later today This is Spotify’s third round of layoffs this year, and will account for 17% of the company’s staff. Steve Dent Updated Mon, Dec 4, 2023 VIEW press via Getty Images Spotify is cutting jobs for the third time this year. In a … Continue reading Spotify laying off 17 percent of employees across the company
CVS Health is laying off thousands of employees: What’s happening and why
By Emily Price August 01, 2023 Massive layoffs are coming to CVS. The pharmacy chain announced plans to lay off around 5,000 employees on Tuesday to cut costs and focus on providing customers more comprehensive health services. According to the Wall Street Journal, which first reported the news, the layoffs will reportedly primarily impact … Continue reading CVS Health is laying off thousands of employees: What’s happening and why