By Michael Grothaus February 10, 2023 On Thursday evening, Axios reported that Yahoo is set to lay off more than 1,600 of its employees. Yahoo’s job cuts equate to over 20% of its workforce and Axios reports that the cuts will hit Yahoo’s ad-tech division hard—with 50% of ad-tech employees set to be let … Continue reading Nearly 20,000 jobs lost in another week of brutal mass layoffs for tech and media
By Michael Grothaus February 06, 2023 It may be a new month, but the news hasn’t gotten any better when it comes to the tech sector. Since the end of 2022, nearly all major players in the tech industry have announced job cuts in order to reduce costs amid a feared economic slowdown and … Continue reading Tech’s mass layoffs continue as Dell plans to slash over 6,600 jobs: Report
By Grace Carroll February 03, 2023 The Black tech wage gap is projected to jump 37% in the next decade, resulting in $51.3 billion in lost wages for Black workers each year, according to a report released Friday from the McKinsey Institute on Economic Black Mobility. The report predicts serious challenges to racial equity … Continue reading As tech layoffs weaken DEI efforts, the Black talent gap could widen dramatically by 2032
By Nicole Gull McElroy January 30, 2023 “Make no mistake, this layoff isn’t about low performers.” Judy Wert leans over her laptop, her head in her hands, cataloging the emails, text messages, and phone calls she’s received in the past week from friends, clients, and colleagues. This is her new normal in the wake … Continue reading What do the Big Tech layoffs mean for designers?
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
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
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
By Josh Hendler December 10, 2022 To the thousands of highly skilled tech workers who have been laid off in recent weeks, and those worried they may be next: The nonprofit sector needs you. Logical problem-solvers by nature, technologists aim to optimize inefficiencies and identify new pathways for success. Drawn to the boundless opportunities … Continue reading As tech layoffs surge, nonprofits are calling
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
By Sam Becker November 22, 2022 It’s been a bleak fall season for the tech sector. Over the past couple of months, tech companies including Twitter, Meta, and Amazon (among others) have announced thousands of layoffs—and as of Tuesday, there was another to add to the list: HP. As a part of its latest … Continue reading More tech layoffs: HP just announced it will lay off up to 6,000 employees
