Tag Archives: Layoffs

Halo developer says franchise is ‘here to stay’ after studio ‘hit hard’ by Microsoft layoffs

Jessica Conditt @JessConditt The best thing I can say about Halo: Infinite is that it gets better as it goes. The single-player campaign starts out as a basic first-person shooter dripping in nostalgia juice, and it ends up as a rudimentary open-world shooter swimming in sci-fi tropes, starring everyone’s favorite emotionless space soldier and his … Continue reading Halo developer says franchise is ‘here to stay’ after studio ‘hit hard’ by Microsoft layoffs

Wall Street layoffs continue across the board. Here’s the latest

  By Samar Marwan January 13, 2023 In the first year of the pandemic, Wall Street went on a hiring spree to staff up for the wave of companies that merged and IPOed. Now, with interest rates continuously climbing, the banks are backpedaling and scaling back their workforces. Here’s a roundup of some recently impacted companies: … Continue reading Wall Street layoffs continue across the board. Here’s the latest

This is how managers can help employees cope with trauma after layoffs

  By Puneet Sandhu December 11, 2022 It is impossible to scroll through LinkedIn these days without finding at least a few posts from people sharing that they were laid off: estimates suggest that nearly 88,000 people have been let go in recent weeks—and that’s just in the U.S. While the scale of these layoffs … Continue reading This is how managers can help employees cope with trauma after layoffs

Elon Musk will offer ‘amnesty’ to banned Twitter accounts amid more layoffs

Elon Musk will offer ‘amnesty’ to banned Twitter accounts amid more layoffs One of the architects of the shift to 280-character tweets is gone from the company.     The Washington Post via Getty Images Kris Holt|@krisholt Twitter owner and CEO Elon Musk says a “general amnesty” for banned accounts will begin next week for … Continue reading Elon Musk will offer ‘amnesty’ to banned Twitter accounts amid more layoffs

Why so many companies keep messing up major layoffs

By Pavithra Mohan November 16, 2022 Even during a season of brutal layoffs, Elon Musk’s decision to unceremoniously fire half of Twitter’s workforce has been notable for its sheer audacity. In a company-wide missive announcing the layoffs on November 3—signed “Twitter”—employees were told they would be informed of their job status within the next day. … Continue reading Why so many companies keep messing up major layoffs

November is shaping up to be the worst month of the year for tech layoffs

  By Chris Morris November 15, 2022 Just halfway through November, it’s on track to be the worst month for tech layoffs in an already terrible year. And barring a miracle, the fourth quarter will be the worst since the start of the pandemic. Year to date, some 121,413 people at 789 different tech companies … Continue reading November is shaping up to be the worst month of the year for tech layoffs

Rumors of pre-Black Friday layoffs at Amazon look like a clear recession signal

  By Clint Rainey November 14, 2022   First Meta, Stripe, Snap, and Twitter. Now Amazon: A round of mass layoffs is coming for the e-commerce juggernaut. According to reports on Monday, Amazon is preparing to lay off as many as 10,000 employees, marking its largest-ever round of job cuts, though only about 1% of … Continue reading Rumors of pre-Black Friday layoffs at Amazon look like a clear recession signal

Twitter reportedly cuts 4,400 contract workers following mass layoffs

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 reportedly cuts 4,400 contract workers following mass layoffs