Alphabet plans to lay off low-performing employees at the start of next year. It is 50% below its 52-week high Technical indicators are favoring an upside momentum in price. GOOGL is trading near $98 ...
Tag: layoffs
Twitter Reportedly Leaves Brussels—Europe’s Regulatory Hub—Amid Concerns About Musk’s Content Moderation Plans
Topline Twitter has closed its entire office in Brussels, according to the Financial Times, cutting ties to one of the world’s most important regulatory hubs as fears grow the firm will struggle to mo...
Wefox CEO ‘disgusted’ by mass tech layoffs: ‘These are humans’
Wefox CEO Julian Teicke. Wefox HELSINKI, Finland — The boss of European digital insurance startup Wefox offered a damning response to tech companies that have laid off workers en masse. The likes of M...
Google is toughening its performance reviews to identify 10,000 low performers. Employees fear layoffs are next
As if performance reviews weren’t already positioned to be stressful enough in a year shadowed by exhaustive debates around return to office, lost productivity, and the future of work, employees...
HP Cuts More Than 4,000 Jobs—Here Are The Biggest U.S. Layoffs This Year
Tech giant HP Inc. plans to cut at least 4,000 jobs by the end of 2025, the company said in its quarterly earnings report on Tuesday—tacking on to major job cuts at Amazon, steaming platform Roku and ...
Twitter’s France Head Damien Veil Resigns Amid Ongoing Layoffs
Bitcoin News Viel had been in charge of the French Twitter team for seven years in a row. The head of Twitter in France announced his resignation on the social media platform. Earlier today, Damien Vi...
Elon Musk hits back at his critics just days after the ‘RIPTwitter’ trend, considers even more layoffs to slash costs. Bet on the billionaire with these other assets
‘Twitter is ALIVE’: Elon Musk hits back at his critics just days after the ‘RIPTwitter’ trend, considers even more layoffs to slash costs. Bet on the billionaire with these other assets Even as a priv...
More Fallout From The FTX Saga And Tech Layoffs Continue
Europa Press via Getty Images TL;DR The fallout from the FTX saga continues as Sam Bankman-Fried’s companies all file for bankruptcy—it leaves a potential $10 billion shortfall to over one million cre...
America Bets On Semiconductor Development As Layoffs Leave Foreign H1B Workers Scrambling
Semiconductor production is coming to America getty Recent developments in the tech industry in the United States have raised questions about the future of skilled workers and U.S. immigration law. Ma...
Are The Tech Layoffs The Start Of A White Collar Recession?
(Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways There have been a huge number of layoffs across the tech sector so far this year, with some analysts suggesting it could be the begin...
Musk Considers Further Twitter Layoffs in Sales on Monday
(Bloomberg) — Elon Musk is considering firing more Twitter Inc. employees as soon as Monday, this time targeting the sales and partnership side of the business after mass resignations among engi...
‘Non Critical’ Crypto Jobs Remain in Demand Despite Layoffs
Crypto job layoffs were an unfortunate part of the 2022 calendar year, given the adverse climate and events such as the collapse of Terra LUNA and FTX. But there’s a change in trend for in-demand role...
Layoffs mount, and Main Street still can’t get anyone to take jobs
A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022. Mike Blake | Reuters When it comes to salary, small business owner...
Twitter Is Being Sued By Its Own Employees For Mass Layoffs
| Getty Images Key Takeaways Elon Musk acquired Twitter on October 28, 2022. A week later, he cut nearly half of its workforce. Workers in California have sued the company over potential violations of...
Ex-Twitter employees are left in limbo with thousands in expenses after Elon Musk layoffs and ultimatum exodus
When Twitter’s new owner, Elon Musk, decided to lay off half the employees of the company he had just bought for $44 billion, it was obvious there would be issues. But in some cases, those who were to...
BlockFi Mulls Bankruptcy Filing and Layoffs in Wake of FTX Collapse, Met With Binance
In brief BlockFi has retained an advisor to look into a possible Chapter 11 bankruptcy filing, has approached Binance for help, and is looking at likely layoffs, sources told Decrypt. The crypto lende...
Another Rash Of Layoffs Could Be Coming At Twitter
Photo by Leon Neal/Getty Images. Getty Images As if things couldn’t get any worse at TwitterTWTR , Elon Musk has just given employees an ultimatum that they have until Thursday to decide whether to st...
Amazon Is Next In The Onslaught Of Tech Layoffs
Getty Images Key takeaways Amazon plans to lay off around 10,000 employees beginning as soon as this week The online retail giant represents another in a growing chain of tech firms slashing head coun...