By Michael Grothaus January 12, 2024 Just two weeks into the new year, it’s already been a hard time for the tech sector. Any hopes that the layoffs that began in 2022 and accelerated in 2023 would begin to subside have yet to be realized as more major companies joined other big players, including … Continue reading Tech layoffs 2024: Discord, Google, Audible, and others add to bad start for the year
Tag Archives: Layoffs
Tech layoffs: Amazon lays off hundreds from Twitch and Prime Video
By Associated Press and Bobbie Gossage January 10, 2024 Twitch, the video game streaming platform acquired by Amazon a decade ago for close to $1 billion, is laying off more than 500 employees as the company tries to turn the tremendously expensive division profitable. Twitch CEO Dan Clancy in an email to employees said that even … Continue reading Tech layoffs: Amazon lays off hundreds from Twitch and Prime Video
2024 tech layoffs have already started: Unity Software to cut nearly 25% of workforce
By Michael Grothaus January 09, 2024 Unity Software, maker of the popular cross-platform game engine used by developers across the globe, has announced the first major tech layoffs of the new year. In a filing with the Securities and Exchange Commission (SEC) dated January 8, 2024, Unity Software said it will cut “approximately 1,800 … Continue reading 2024 tech layoffs have already started: Unity Software to cut nearly 25% of workforce
Tech and media layoffs December update: Job cuts not slowing as 2023 draws to an end
By Sarah Bregel December 01, 2023 November has come to a close, but unfortunately, the monthslong series of layoffs at notable companies does not appear to be ending. According to the tracking site, Layoffs.fyi: Job losses, mainly in media and tech, seem to be continuing through the end of 2023. At the time of … Continue reading Tech and media layoffs December update: Job cuts not slowing as 2023 draws to an end
Tech and media layoffs November update: Job cuts keep coming at ByteDance, Vice, Amazon, Faire
By Michael Grothaus November 28, 2023 Update Tuesday, November 28: November has shaped up to be a particularly rough month for tech companies, as layoffs have continued through its final few days. On Monday, it was reported that TikTok parent company ByteDance will lay off hundreds of employees as it winds down its failed … Continue reading Tech and media layoffs November update: Job cuts keep coming at ByteDance, Vice, Amazon, Faire
Citigroup layoffs loom as the financial giant makes some of its most drastic changes in years
By Christopher Zara November 20, 2023 Layoffs are underway this week at Citigroup as part of a companywide restructuring and simplification plan that was announced by CEO Jane Fraser in September. In a memo to employees on Monday, Fraser said the financial giant’s executive management team has been working with company leaders to implement … Continue reading Citigroup layoffs loom as the financial giant makes some of its most drastic changes in years
Tech layoffs update: Job losses continue in November
By Michael Grothaus November 10, 2023 Update Friday, November 10: Job losses have continued at a number of tech companies in November, according to the latest stats from the online tracker Layoffs.fyi. Here are a few of the notable companies that have made significant staff cuts. Nextdoor The neighborhood-focused social platform said in its … Continue reading Tech layoffs update: Job losses continue in November
‘Hey, Google’ Gets An AI Makeover – With Layoffs
‘Hey, Google’ Gets An AI Makeover – With Layoffs by Laurie Sullivan @lauriesullivan, August 1, 2023 Google’s virtual assistant reportedly will get a makeover by integrating artificial intelligence (AI) technologies into the platform similar to its Bard chatbot. The updates will change the way Assistant works. For now, the company will support both old and … Continue reading ‘Hey, Google’ Gets An AI Makeover – With Layoffs
How Brands Should Approach The Marketing Support Gap Left By Tech Layoffs
How Brands Should Approach The Marketing Support Gap Left By Tech Layoffs by Bryan Karas , June 23, 2023 The first half of 2023 was, to put it bluntly, a bloodbath for layoffs in the world of major marketing platforms (most significantly Meta, Alphabet, and Amazon). At the same time, those companies, specifically Meta and … Continue reading How Brands Should Approach The Marketing Support Gap Left By Tech Layoffs
Tech layoffs keep coming. Here’s how hiring managers should respond
By Pavithra Mohan Even with summer upon us, there are few signs that companies have stemmed the flow of layoffs that have rocked the corporate world for the past year. In fact, the tech industry seems to be setting new records: This year, employers have cut 200,000 jobs and counting, according to Layoffs.fyi, far … Continue reading Tech layoffs keep coming. Here’s how hiring managers should respond