Unicorn Pluralsight Lays Off 20 Percent Of Staff, December 2022

| 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...

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...

Startup Podium Adds To The Growing List Of Tech Layoffs

| Getty Images Key Takeaways Podium is the most recent tech company to lay off staff, with a 12% reduction in its workforce. More than 50,000 people were laid off in the tech industry in November, add...

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...