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
By Pavithra Mohan February 02, 2024 Just this week, UPS revealed its plans to let go of 12,000 workers. A number of tech companies, from PayPal and Salesforce to Google and Microsoft, have cut thousands of jobs in January. The retail sector hasn’t been spared either, with Wayfair and eBay trimming headcount. But despite this … Continue reading Despite high-profile layoffs, employers added 353,000 jobs in January
Cities: Skylines II toxicity and more layoffs | This week’s gaming news This week’s headlines, now in video form! Jessica Conditt Wed, Jan 31, 2024 Engadget It’s an awkward time to be a PC player. The platform has more games covering more genres than ever, and even standard PC hardware can deliver pristine, photorealistic … Continue reading Cities: Skylines II toxicity and more layoffs | This week’s gaming news
By Associated Press January 26, 2024 NEW YORK (AP) — Denim giant Levi Strauss & Co. said Thursday that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year as part of a two-year restructuring plan that seeks to cut costs and simplify its operations. The company employed … Continue reading Levi’s layoffs: The jeans giant is cutting its global workforce by up to 15%
By Michael Grothaus January 24, 2024 It’s been another brutal week for tech layoffs. In the past six days, numerous major tech companies have announced they are cutting jobs. The most recent is e-commerce juggernaut eBay, which has announced it will cut 9% of its workforce. Here’s the latest: Wayfair: Last Friday, digital home … Continue reading Tech layoffs tracker 2024: Job cuts at eBay, TikTok, and Wayfair this week
By Chris Morris January 23, 2024 Brex, the fintech startup that made a splash with corporate credit cards and moved into cash management accounts for tech companies, has cut its staff by 20%. Some 282 people were laid off Tuesday amid reports of heavy cash burns in the final three months of last year. … Continue reading Layoffs 2024: Fintech startup Brex lays off 20% of employees
By Jim Frawley January 22, 2024 Workers across the globe are biting fingernails and fighting restless leg syndrome as we anxiously follow the evolving state of the U.S. economy. Many of us are fearful and curious about what any change, small or large, might mean for the bottom line of our respective organizations and … Continue reading As waves of layoffs continue, here’s how workers can cope with economic uncertainty
Google CEO says more layoffs expected ‘throughout the year’ in internal memo This follows the company’s recent rounds of redundancies, which affected over a thousand employees. Richard Lai Updated Thu, Jan 18, 2024 REUTERS / Reuters Following Google’s recent rounds of layoffs affecting over a thousand jobs, CEO Sundar Pichai has reportedly told remaining … Continue reading Google CEO says more layoffs expected ‘throughout the year’ in internal memo
Tiny Tina’s Wonderlands developer faces layoffs in latest Embracer cuts Lost Boys Interactive is the latest studio to face cost-cutting measures. Sarah Fielding Mon, Jan 15, 2024, Gearbox / 2K We’re just a couple of weeks into 2024, but the layoffs that plagued the gaming industry last year are back. An undisclosed number … Continue reading Tiny Tina’s Wonderlands developer faces layoffs in latest Embracer cuts
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
