Rivian is laying off 10 percent of its salaried employees The move comes after the electric car maker lost $1.5 billion in the last quarter of 2023 Pranav Dixit Thu, Feb 22, 2024 ASSOCIATED PRESS Electric car maker Rivian announced on Wednesday that it’s laying off 10 percent of its salaried workforce to cut … Continue reading Rivian is laying off 10 percent of its salaried employees
eBay is laying off 9 percent of its workforce Around 1,000 full-time roles are axed. Richard Lai Updated Wed, Jan 24, 2024 eBay The latest tech giant impacted by the economy is eBay, which announced earlier today that it is reducing its workforce by around 1,000 roles. That apparently equates to roughly 9 percent … Continue reading eBay is laying off 9 percent of its workforce
Riot Games is laying off 11 percent of its workforce globally 530 people are impacted, and publishing label Riot Forge will be shut down later. Richard Lai Tue, Jan 23, 2024 Riot Games Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. … Continue reading Riot Games is laying off 11 percent of its workforce globally
Twitch is laying off 35 percent of its workforce The Amazon division remains unprofitable due to high costs. Steve Dent Updated Wed, Jan 10, 2024, ASSOCIATED PRESS Amazon-owned Twitch is preparing to lay off 35 percent of its employees or a little over 500 people. The news was first reported by Bloomberg on Tuesday … Continue reading Twitch is laying off 35 percent of its workforce
Spotify is laying off 1,500 employees, who will be notified later today This is Spotify’s third round of layoffs this year, and will account for 17% of the company’s staff. Steve Dent Updated Mon, Dec 4, 2023 VIEW press via Getty Images Spotify is cutting jobs for the third time this year. In a … Continue reading Spotify laying off 17 percent of employees across the company
Twitter finally begins paying some of its creators Will Shanklin Twitter’s ad-revenue sharing program for creators has officially launched — and it’s reportedly already begun paying eligible Blue subscribers. Elon Musk announced the initiative in February, but with scant details about how it would work, nobody knew quite what to expect. However, some high-profile … Continue reading Elon Musk says Twitter’s ad revenue has dropped by 50 percent
Devindra Hardawar @devindra The real world just felt too small when I stepped out of Denis Villeneuve’s Dune. There weren’t any enormous spaceships ready to rocket off to planets in distant galaxies. No Brutalist palaces amid endless desert vistas. No building-sized sandworms roaming about, eager to devour anyone who disturbed them. Just me and … Continue reading NASA is recycling 98 percent of astronaut pee and sweat on the ISS into drinkable water
By Elizabeth Segran June 19, 2023 A decade ago, Aurora James, founder of the luxury shoe label Brother Vellies, was eager to grow her nascent business. She needed a cash infusion to expand production and create a more robust website. But as a Black woman, it wasn’t easy to secure funds. James wasn’t … Continue reading Fifteen Percent Pledge founder launches a fund for Black founders
Amy Skorheim My first “adult” TV was a 200-pound CRT monstrosity that lived inside an even more monstrous, 300-pound cabinet with doors. After that, I upgraded to a monitor-and-laptop setup that stowed in the hidey compartment of my coffee table. The thing is, I loathe black mirrors; the blank void that stares out when a … Continue reading Samsung’s 2022 The Frame smart TVs are up to 33 percent off
SoundCloud is laying off up to 20 percent of its workforce Mariella Moon @mariella_moon SoundCloud is joining the depressingly long list of companies in the tech industry that are letting personnel go due to the economic downturn. According to Billboard and Variety, company CEO Michael Weissman told employees in an email that it’s … Continue reading Soundcloud will lay off eight percent of its staff in hopes of becoming profitable
