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 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
Duolingo lays off contractors as it starts relying more on AI It has cut 10 percent of its contractors, according to Bloomberg. Mariella Moon Tue, Jan 9, 2024 SOPA Images via Getty Images Duolingo has cut 10 percent of its contractors as it’s begun using AI tools to handle the tasks they used to … Continue reading Duolingo lays off contractors as it starts relying more on AI
Bungie reportedly lays off staff, delays Marathon and Destiny 2: The Final Shape It’s the latest in a brutal year for gaming and Big Tech layoffs. Will Shanklin Updated Mon, Oct 30, 2023 Jordan Strauss/Invision for SCEA/AP Images Bungie has reportedly laid off an unknown number of staffers and delayed two highly anticipated games. … Continue reading Bungie reportedly lays off staff, delays Marathon and Destiny 2: The Final Shape
‘Immortals of Aveum’ first look: A little more magic and this might be wonderful It’s a first-person shooter with no guns, built by an independent AAA studio. Jessica Conditt EA When I saw the announcement trailer for Immortals of Aveum in the winter of 2022, I was surprised by my own interest in the … Continue reading Immortals of Aveum developer Ascendant Studios lays off almost half its staff
Nuro’s third-gen driverless delivery vehicle includes an external airbag The driverless machine also hauls twice as much cargo. Jon Fingas|@jonfingas Nuro already has a third driverless delivery vehicle on the way, and this model is focused as much on protecting others as it is hauling goods. The newly introduced version, simply called Nuro, … Continue reading Nuro lays off 30 percent of staff, shifts focus to R&D
Regulators say OpenAI must inform users why and how data is being used, give them ways to opt out and prevent anyone under 13 from using it. Chris Wood on April 13, 2023 On Wednesday, Italy’s data protection agency laid out what OpenAI must do before ChatGPT can operate again in the nation. The company … Continue reading Italy lays out requirements for ChatGPT’s return
Basis Technologies Lays Off Employees As It Restructures by Laurie Sullivan @lauriesullivan, February 21, 2023 Add Basis Technologies, which provides cloud-based workflow automation and business intelligence, to the list of ad-tech companies that are laying off employees. The company about two weeks ago quietly laid off some 4% of its workforce, about 40 team members … Continue reading Basis Technologies Lays Off Employees As It Restructures
Yahoo Lays Off 20% Of Workforce, Shuts Down Native Ad Platform Gemini by Laurie Sullivan @lauriesullivan, February 9, 2023 Yahoo is not getting out of the ad-tech business, but it is laying off more than 20% of its workforce. The move is part of a major restructuring of its ad-tech unit.The cuts will impact more … Continue reading Yahoo Lays Off 20% Of Workforce, Shuts Down Native Ad Platform Gemini
By Jessica Bursztynsky November 30, 2022 DoorDash is laying off about 1,250 employees in an effort to reduce rising operating expenses, CEO Tony Xu told staff early Wednesday. The move will impact roughly 7% of its workforce. DoorDash was one of the early pandemic bets, as consumers turned to food delivery in an effort … Continue reading DoorDash lays off about 1,250 employees to curb operating expenses
