Meta is reportedly planning to conduct more layoffs as early as this week, which could be on the same scale as its massive round of cuts late last year—making the Facebook and Instagram parent the lat...
Tag: Crypto Giant Coinbase
Lockheed Martin And Hunter Douglas Reduce Headcounts
Window blind manufacturer Hunter Douglas and aerospace giant Lockheed Martin plan to cut hundreds of employees, following major layoffs this year at tech companies, banks and manufacturers, including ...
Atlassian And SiriusXM Conduct Major Layoffs
Satellite radio company SiriusXM announced Thursday it’s laying off 475 employees, while software giant Atlassian said it will cut 500 positions, following major layoffs at major tech companies, banks...
Alphabet’s Waymo Self-Driving Unit Cuts Over 130 Employees, Reports Say
Alphabet’s self-driving car unit Waymo is reportedly cutting more than 130 employees in its second round of layoffs this year—making it the latest U.S. company to reduce its headcount, following major...
GM Reportedly Cutting Hundreds Of Employees
General Motors is letting go of hundreds of salaried employees in a cost-cutting plan intended to save $2 billion over the next two years, multiple outlets reported Tuesday—making it the latest U.S. c...
Twitter, Cerebral And Palantir Cutting Staff
Twitter CEO Elon Musk has reportedly begun laying off 200 of the social media giant’s remaining 2,000 employees in yet another round of job cuts, while software company Palantir slashes 2% of its staf...
2023 Layoff Tracker: Ericsson Cutting 8,500 Employees
Ericsson, the telecommunications equipment giant, is planning to cut 8,500 employees as part of a major cost reduction effort, the company confirmed to Forbes Friday morning, making it the latest majo...
McKinsey Reportedly Cuts 2,000 Employees
Major consulting firm McKinsey & Company plans to cut 2,000 employees, Bloomberg reported Tuesday, citing sources familiar to the matter—following major layoffs this month at DocuSign, KPMG, Twili...
Yahoo,Nomad Health And GitHub Reduce Head Counts
Tech giant Yahoo is cutting one fifth of its workforce in a major restructuring plan, a company spokesperson told Forbes Thursday, while tech companies Nomad Health and GitHub also announced major red...
2023 Layoffs: Disney To Cut 7,000
Disney unveiled plans on Wednesday to lay off as many as 7,000 employees in a massive restructuring plan, following major layoffs at Zoom, eBay, Boeing and Dell—the latest U.S. companies to reduce the...
2023 Layoffs: Zoom Cuts 1,300 Jobs
Zoom—which took off as employers quickly pivoted to remote meetings during the Covid-19 pandemic, announced plans on Tuesday to cut 1,300 employees—becoming the latest U.S. company to implement job cu...
Dell Reportedly Cuts 6,650 Jobs
Tech giant Dell is laying off 6,650 workers—5% of its workforce—Bloomberg reported Monday, becoming the latest U.S. company to implement job cuts as recession fears continue into 2023. February 6Texas...
Google Cuts 12,000 Jobs As 2023 Layoffs Continue
Topline Google’s parent company Alphabet announced plans Friday to cut 12,000 employees, just days after software giant Microsoft announced plans to cut 10,000 employees and Amazon began laying off 18...
Capital One Cutting 1,100 Employees As 2023 Layoffs Continue
Topline Banking giant Capital One has laid off roughly 1,100 employees, Bloomberg reported on Thursday, just days after software giant Microsoft announced plans to cut 10,000 employees and Amazon bega...