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
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
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 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
Meta is laying off more than 11,000 employees It’s the first mass layoffs in the company’s history. K. Bell @karissabe NOAH BERGER via Getty Images Meta is reducing the size of its workforce by about 13 percent and letting more than 11,000 of its employees go in the first mass layoffs in the company’s … Continue reading Meta abandons its Portal smart displays and smartwatch project following mass layoffs
Google Trends Show Online Interest In Tech Layoffs Skyrocket by Laurie Sullivan @lauriesullivan, November 18, 2022 Analysis of Google search data reveals that online searches for tech layoffs in the United States rose 1,300% in November — the day when Twitter, Meta, and other large tech companies announced they would be laying off thousands of … Continue reading Google Trends Shows Online Interest In Tech Layoffs Skyrockets
By Mark Sullivan November 09, 2022 Early Wednesday morning, tucked neatly into the midterms coverage cycle, came news of Meta CEO Mark Zuckerberg’s letter saying the company would lay off over 11,000 of its 87,314 employees, or about 13% of its workforce. Meta CEO Mark Zuckerberg’s letter to employees announcing a huge layoff is … Continue reading What Mark Zuckerberg’s layoffs letter didn’t say
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 Meta will reportedly announce ‘large-scale’ layoffs next week
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 Former Twitter CEO Jack Dorsey says company-wide layoffs are his fault
By Michael Grothaus November 04, 2022 The nonstop drama that’s been going on at Twitter all week is ending on a very real, very sour note. Today, Elon Musk’s company began sending layoff notices to roughly 50% of Twitter staff. As Bloomberg reports, at 7,500 employees (November 26, 2022), that means Musk is set … Continue reading Tech layoffs latest: Twitter, Lyft, Stripe, and others join the list of companies cutting jobs
