| Getty Images Key Takeaways In a letter to employees, Pluralsight CEO Aaron Skonnard announced the company would be laying off employees, effective immediately. Layoffs have become common in 2022, es...
Tag: recession layoffs
Tech Layoffs: Cisco Announces Mass Layoffs
| Getty Images Key Takeaways This week, Cisco started implementing layoffs totaling 5% of its workforce. At the same time, Cisco is actively hiring for new roles. The company says this is part of a re...
Which Comes First, The Recession Or The Layoffs? How Investors Look At Tech Layoffs Right Now
Large scissors cutting employees in half. Getty Images Key Takeaways A recession is a slowdown in the economy and includes higher unemployment rates. Companies lay off workers to survive an economic d...
Latest In Tech Layoffs: DoorDash Lays Off 1,250
| Getty Images Key Takeaways DoorDash CEO Tony Xu announced that the company would be reducing expenses by letting go 1,250 corporate employees. The company is trying to cut expenses since operating e...
Jobless Claims Fall Despite Layoffs And Inflation
| Getty Images Key Takeaways Despite constant fears of high inflation and news of layoffs, the October jobs report announced that 261,000 non-farm jobs were added. The Fed has been watching the labor ...