Tag Archives: Layoffs

The effects of big layoffs on a company’s Glassdoor ratings can linger for years

July 21, 2026 The effects of big layoffs on a company’s Glassdoor ratings can linger for years BY Ella Chakarian From tech to finance, mass layoffs are rippling through industries this year. Companies including Amazon, Meta, and Oracle have slashed thousands of roles, typically citing AI adoption or broader restructuring as the reason for the cuts. … Continue reading The effects of big layoffs on a company’s Glassdoor ratings can linger for years →

Days after announcing mass layoffs, Xbox CEO Asha Sharma tapped to advise the Federal Reserve on jobs

Days after announcing mass layoffs, Xbox CEO Asha Sharma tapped to advise the Federal Reserve on jobs That’s a choice. By Anna Washenko July 9, 2026   Pabradyphoto/Getty Images The US Federal Reserve has announced the industry leaders who will head up its various task forces guiding monetary policies. The country’s central bank has made some … Continue reading Days after announcing mass layoffs, Xbox CEO Asha Sharma tapped to advise the Federal Reserve on jobs →

Microsoft layoffs: Read the email Xbox CEO Asha Sharma sent employees

July 06, 2026 Microsoft layoffs: Read the email Xbox CEO Asha Sharma sent employees BY Ella Chakarian   Last month, there were murmurs that “major job cuts” were coming for Xbox. Now, Microsoft is cutting 4,800 roles, with 1,600 impacting its Xbox division today. In an email to employees, Xbox CEO Asha Sharma called it “the … Continue reading Microsoft layoffs: Read the email Xbox CEO Asha Sharma sent employees →

Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs

June 30, 2026 Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs BY Ella Chakarian During an interview last week on Complex’s Idea Generation series, Meta CEO Mark Zuckerberg addressed one of the industry’s most contentious points: whether or not AI will lead to widespread employment loss. “There’s a lot of anxiety … Continue reading Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs →

Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’

June 15, 2026 Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’ BY Ella Chakarian   In July, Xbox may be the next brand hit with major changes to its workforce.  According to Bloomberg, people familiar with Xbox’s strategy said that it is “planning major job cuts next month,” although the scale … Continue reading Xbox plans layoffs, even after Microsoft CEO said company is ‘long on gaming’ →

Here’s how Meta is justifying its layoffs to thousands of employees

May 20, 2026 Here’s how Meta is justifying its layoffs to thousands of employees BY Pavithra Mohan Meta officially announced a sweeping round of layoffs today that will impact thousands of employees across the business, or about 10% of the company’s 78,000-person workforce.  In a memo to employees today—obtained by Business Insider—Meta remained coy about the … Continue reading Here’s how Meta is justifying its layoffs to thousands of employees →

The scariest part of LinkedIn’s layoffs isn’t the number of jobs cut

May 13, 2026 The scariest part of LinkedIn’s layoffs isn’t the number of jobs cut BY Anna-Louise Jackson LinkedIn on Wednesday joined what’s become a near-daily drumbeat of layoff announcements among tech companies. The Microsoft-owned company will reportedly eliminate about 5% of its head count, which might total roughly 875 employees, based on the latest head … Continue reading The scariest part of LinkedIn’s layoffs isn’t the number of jobs cut →

Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is ‘changing how we work’

May 05, 2026 Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is ‘changing how we work’ BY Michael Grothaus May is kicking off with another brutal round of tech layoffs that have been affecting the industry for much of the year. Today, the U.S.’s largest cryptocurrency exchange, Coinbase Global, Inc. (Nasdaq: … Continue reading Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is ‘changing how we work’ →