Twitter warns employees that layoffs are happening Friday The cuts come only a week after Elon Musk took over the company. K. Holt @krisholt Carlos Barria / reuters Twitter will reportedly begin laying off workers on Friday, only a week after Elon Musk officially took control of the website. Around half of the company’s … Continue reading Twitter sued by employees amid mass layoffs
Elon Musk has begun his takeover of Twitter Twitter could change dramatically under Musk’s leadership. K. Bell @karissabe Dado Ruvic / reuters After months of legal drama, Elon Musk has begun his takeover of Twitter, according to The Wall Street Journal and The Washington Post. His first move was to fire CEO Parag Agrawal, Chief … Continue reading Twitter warns employees that layoffs are happening Friday
Elon Musk has begun his takeover of Twitter Twitter could change dramatically under Musk’s leadership. K. Bell @karissabe Dado Ruvic / reuters After months of legal drama, Elon Musk has begun his takeover of Twitter, according to The Wall Street Journal and The Washington Post. His first move was to fire CEO Parag Agrawal, Chief … Continue reading Elon Musk has reportedly ordered layoffs across Twitter
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’
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
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
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
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
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
