May 02, 2024 Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship It’s the fifth round of staff reductions at the connected fitness company since 2021 and the second boss exit in recent years. BY Emily Price After surging in popularity during the early days of the pandemic, … Continue reading Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship
April 18, 2024 More trouble for Tesla: Layoffs, severance snafu, and a painful stock downgrade The EV maker saw its shares flirt with 52-week lows on Thursday as its troubles continued to mount. BY Ellie Stevens In an email obtained by CNBC Wednesday, Tesla CEO Elon Musk informed staffers that the severance packages sent to some … Continue reading More trouble for Tesla: Layoffs, severance snafu, and a painful stock downgrade
April 17, 2024 After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package The struggling EV carmaker is urging shareholders to vote again for the payout, which would be the largest ever awarded in corporate history, after a Delaware court nullified it in January. BY Clint Rainey With Tesla stocks trading … Continue reading After mass layoffs, Tesla asks again to approve Elon Musk’s $56 billion pay package
April 17, 2024 Tech layoffs: Google and Rivian both cut jobs Nearly 75,000 tech employees have lost their jobs so far this year. BY Chris Morris The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. … Continue reading Tech layoffs: Google and Rivian both cut jobs
April 15, 2024 Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce The reported job cuts come at a precarious time for the company, whose shares are down more than 31% this year. BY Michael Grothaus Elon Musk has reportedly announced a round of mass layoffs at Tesla, according … Continue reading Tesla layoffs: Elon Musk’s EV maker will reportedly cut more than 10% of its workforce
Best Buy’s Geek Squad agents say they were hit by mass layoffs this week Agents who lost their jobs this week posted on the Geek Squad subreddit, and confirmed the news to 404 Media. Cheyenne MacDonald Sat, Apr 6, 2024 REUTERS / Reuters Geek Squad agents have been flooding Reddit with images of their … Continue reading Best Buy’s Geek Squad agents say they were hit by mass layoffs this week
April 05, 2024 Apple layoffs: iPhone maker cuts over 600 jobs after reportedly killing off its car project The tech giant has filed a WARN notice with the state of California. BY Michael Grothaus Since late 2022, every major tech company has initiated mass layoffs—with the exception of Apple. But now that is finally about to … Continue reading Apple layoffs: iPhone maker cuts over 600 jobs after reportedly killing off car its project
Overall, the median salary of men is 35% more than the median salary of women. At director and up, women earn 5% more than men. Constantine von Hoffman on March 25, 2024 For martech professionals salaries are good and promotions are coming faster, unfortunately, layoffs are coming faster, too. That’s according to the just-released 2024 … Continue reading MarTech Salary and Career Survey: More promotions and more layoffs
By Michael Grothaus February 08, 2024 Layoffs continue to mount in the tech sector as the first week of February comes to a close. As of (March 08, 2024), some well-known companies are among those to announce significant job cuts. Those layoffs have now accounted for 33,874 job losses in the industry since the start … Continue reading Tech layoffs update this week: DocuSign, Grammarly, Amazon, Snap, Meetup cut jobs
FTC accuses Microsoft of misrepresenting its Activision Blizzard plans after layoffs Microsoft argues the firings were going to happen, with or without the acquisition. Jessica Conditt Updated Thu, Feb 8, 2024 AP Photo/Jae C. Hong One week after Microsoft laid off nearly 2,000 employees in its gaming division, the Federal Trade Commission is accusing … Continue reading FTC accuses Microsoft of misrepresenting its Activision Blizzard plans after layoffs
