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
Evernote, once the king of note-taking apps, has been bought by Bending Spoons Devindra Hardawar @devindra It looks like Evernote’s 2020 redesign wasn’t enough to keep it independent. Today, the former darling notetaking app for productivity hounds, which was once valued at 1 billion dollars, announced that it has been purchased by Bending … Continue reading Evernote is relocating to Europe after laying off most of its US workforce
Everything you need to know about Clubhouse, the invite-only audio chat app Karissa Bell @karissabe On Sunday, Elon Musk nearly broke Clubhouse. It was the Tesla founder’s first appearance on the invitation-only audio app, and the conversation quickly pushed the app to its limit. The official stream maxed out with more than 5,000 … Continue reading Clubhouse is laying off employees and ‘resetting’ the company
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
Niantic is laying off about 90 employees and canceling four projects ‘Pokémon Go’ isn’t going anywhere, though. K. Holt @krisholt NurPhoto via Getty Images Pokémon Go developer Niantic is laying off eight percent of its workforce, which is said to be around 85-90 jobs. The augmented reality game company has also canceled four … Continue reading Niantic is laying off about 90 employees and canceling four projects
IBM begins laying off its entire Russian workforce The company suspended operations back in March but kept employees on the payroll. A. Khalid @askhalid June 7th, 2022 drserg via Getty Images IBM will begin an “orderly” wind-down of its operations in Russia, according to a memo from CEO Arvind Krishna that was released publicly today. … Continue reading IBM begins laying off its entire Russian workforce
Meta will limit hiring this year due to slowing revenue growth It will reportedly slow or pause the intake of mid-to-senior level employees. M. Moon @mariella_moon May 5th, 2022 Dado Ruvic / reuters Meta is limiting its intake of new employees as part of its efforts to cut costs due to weak revenue forecasts, according … Continue reading PayPal has been laying off workers to reduce costs
Daniel Burrus March 15, 2021 Artificial intelligence (A.I.), one of the 20 core technologies I identified back in 1983 as the drivers of exponential economic value creation, has started out simple. From Amazon’s Alexa, Siri on your iPhone, or proclaiming “hey, Google…” in your home, there are several small but impactful applications of A.I. that … Continue reading A.I. Requires Repositioning Your Workforce Rather Than Laying Them Off
