On Feb. 21, Buzzfeed, the digital media company, announced it would be cutting 16% of its staff as part of its restructuring of the brand. The layoffs arrived amid the company’s discounted sale ...
The year is barely one-third of the way though and already things are going bad for Tesla and Elon Musk. The EV car leader announced it will slash its workforce by 10% following weak sales of its ...
The tech sector layoffs that characterized 2023 have continued into 2024 with several big-name companies announcing cuts. Related: ‘Grand Theft Auto’ maker Take-Two to cut jobs, cancel games ...
Home-theater repair technicians and phone support specialists were among those hit by the most recent wave of layoffs at the Richfield, Minnesota-based company, according to the newspaper.
The layoffs included 740 people. The problem is more significant than it seems. Nike called this its “second round of layoffs.” Earlier in the year, Nike said it would cut 2% of its workforce.
A rebound in tech travel spending comes as the sector slashes jobs--according to the tracker Layoffs.fyi, 257 tech companies have laid off nearly 75,000 workers this year. United Airlines Holdings ...