Tag Archives: Layoffs

Twitter employees warn Musk mass layoffs would be ‘reckless’

Elon Musk reportedly wants to lay off most of Twitter’s employees The site could see more than 5,000 employees put out on the street. A. Tarantola @terrortola   NurPhoto via Getty Images Twitter is gearing up for layoffs no matter whether Elon Musk purchases the company, which could happen as soon as this Friday, according … Continue reading Twitter employees warn Musk mass layoffs would be ‘reckless’

More layoffs at tech-adjacent brands: Peloton, Calm, Sweetgreen, and more

By Elissaveta M. Brandon August 12, 2022 Another bad week is wrapping up for tech companies—and consumer brands that have donned the tech cape to boost valuations and share prices. Peloton just announced that it is slashing nearly 800 jobs. The Peloton news is part of a sweeping overhaul that includes shutting many of its … Continue reading More layoffs at tech-adjacent brands: Peloton, Calm, Sweetgreen, and more

Tech layoffs continue across the board: Here’s the latest

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

Better.com hit with third round of layoffs in yet another ‘substantial cut’ to its workforce

By Clint Rainey     April 19, 2022 Better, the mortgage company that is increasingly under fire for how it sprung mass layoffs on employees in December and March, has carried out yet another round of significant layoffs. This is the company’s third downsizing since that first round, conducted via Zoom, went viral. In a … Continue reading Better.com hit with third round of layoffs in yet another ‘substantial cut’ to its workforce

‘You will not be allowed to fail twice’: Leaked video from Better.com meeting underscores botched layoffs

By Clint Rainey   April 07, 2022 Leaked video from a second meeting that Better.com held minutes after the now-infamous Zoom call in December, when it terminated 900 employees, provides stunning new insight into the level of mismanagement that went into perhaps the most bungled corporate downsizing in recent memory. Before the holidays, footage of … Continue reading ‘You will not be allowed to fail twice’: Leaked video from Better.com meeting underscores botched layoffs

Mitigating Social Media Risks During Company Layoffs

Chip Roberson August 7, 2020 The Coronavirus/Covid-19 pandemic has triggered a series of events which has destabilized markets and is affecting businesses, large and small, globally. Corporate furloughs have turned to layoffs and corporations are developing long-term plans to not only make it through the pandemic, but make it through a recession. Mitigating social media … Continue reading Mitigating Social Media Risks During Company Layoffs