Mass Layoffs
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
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"Hits The Right Chords": Unacademy CEO's Reply On Startup Failure Before Mass Layoffs
The company fired roughly 150 employees in sales and 100 employees in marketing, business, and product.
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Air India Express Cancels 85 Flights Amid Layoffs Due To Mass Sick Leave
Air India Express on Thursday cancelled at least 85 flights as a section of cabin crew was fired, a day after nearly 300 employees of the airline called in sick and switched off their phones.
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"We Are Reorganising...": Snapchat Parent Company To Lay Off 10% Of Its Staff Globally
Social media giant Snap, which operates Snapchat, has announced plans to lay off approximately 10% of its staff.
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These Are The Employees Most Likely To Get Fired In 2024
If the first month of 2024 offers any indication, America's largest employers - fresh off mass layoffs last year - are going to keep cutting.
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Amid Mass Layoffs, Spotify's Chief Financial Officer Announces Exit
Paul Vogel joined the company in 2016 as the head of investor relations and was promoted to the position of CFO in 2020.
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Engineer, Who Lost Job At Twitter Last Year, Now Laid Off By Spotify
Freddie Carthy had joined the music streaming giant after Elon Musk took over Twitter and conducted mass layoffs.
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Google Lays Off "Some Of The Best And Brightest People" From Its News Divison: Report
Tech giant Google has laid off several employees this week in its news division, CNBC reported on Wednesday.
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Google's Indian-Origin Director Of News Laid Off After 13 Years: ''In The End...''
Notably, Madhav Chinnappa joined Google in 2010 as the head of strategic partnerships at Google News.
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Mental Health: 4 Tips To Reduce Stress And Anxiety In The Workplace Amid Mass Layoffs
A lack of mechanism in handling challenges affects the employee productivity and negatively impacts employees' mental health.
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Amid Layoffs, Meta Chief Mark Zuckerberg Tells Staff To Be "Scrappier"
He told the employees that one of his objectives is to establish "a stronger technology company that can build better products faster"
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Apple Likely to Report 4 Percent Drop in Quarterly Revenue Despite Recovery in China
Apple will likely report a more than 4 percent drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business.
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US Industrial Company 3M To Lay Off 6,000 People Worldwide
The company anticipates annual pre-tax savings of $700 million to $900 million upon completion of cost-cutting actions.
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For Silicon Valley Startups, The Worst Is Yet To Come
The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
-
"Hits The Right Chords": Unacademy CEO's Reply On Startup Failure Before Mass Layoffs
The company fired roughly 150 employees in sales and 100 employees in marketing, business, and product.
-
Air India Express Cancels 85 Flights Amid Layoffs Due To Mass Sick Leave
Air India Express on Thursday cancelled at least 85 flights as a section of cabin crew was fired, a day after nearly 300 employees of the airline called in sick and switched off their phones.
-
"We Are Reorganising...": Snapchat Parent Company To Lay Off 10% Of Its Staff Globally
Social media giant Snap, which operates Snapchat, has announced plans to lay off approximately 10% of its staff.
-
These Are The Employees Most Likely To Get Fired In 2024
If the first month of 2024 offers any indication, America's largest employers - fresh off mass layoffs last year - are going to keep cutting.
-
Amid Mass Layoffs, Spotify's Chief Financial Officer Announces Exit
Paul Vogel joined the company in 2016 as the head of investor relations and was promoted to the position of CFO in 2020.
-
Engineer, Who Lost Job At Twitter Last Year, Now Laid Off By Spotify
Freddie Carthy had joined the music streaming giant after Elon Musk took over Twitter and conducted mass layoffs.
-
Google Lays Off "Some Of The Best And Brightest People" From Its News Divison: Report
Tech giant Google has laid off several employees this week in its news division, CNBC reported on Wednesday.
-
Google's Indian-Origin Director Of News Laid Off After 13 Years: ''In The End...''
Notably, Madhav Chinnappa joined Google in 2010 as the head of strategic partnerships at Google News.
-
Mental Health: 4 Tips To Reduce Stress And Anxiety In The Workplace Amid Mass Layoffs
A lack of mechanism in handling challenges affects the employee productivity and negatively impacts employees' mental health.
-
Amid Layoffs, Meta Chief Mark Zuckerberg Tells Staff To Be "Scrappier"
He told the employees that one of his objectives is to establish "a stronger technology company that can build better products faster"
-
Apple Likely to Report 4 Percent Drop in Quarterly Revenue Despite Recovery in China
Apple will likely report a more than 4 percent drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business.
-
US Industrial Company 3M To Lay Off 6,000 People Worldwide
The company anticipates annual pre-tax savings of $700 million to $900 million upon completion of cost-cutting actions.
-
For Silicon Valley Startups, The Worst Is Yet To Come
The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
