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You Searched For "layoffs season 2023" and got 18 results


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2 mins read

Amazon is shuttering Freevee and some insiders fear layoffs could be coming in the tech giant's entertainment arm

Amazon is phasing out its free streamer Freevee, which struggled with identity and financial losses…

Lucia Moses   


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5 mins read

This layoff season, upskill to stay afloat say experts

50%-60% of hiring managers consider learning through online courses as an important part of their r…

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Remote workers and middle managers are most likely to get let go during layoff season, experts say

Major US companies have laid off thousands of workers in recent weeks in a bid to improve efficienc…

Sawdah Bhaimiya   


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1 min read

Spotify is being hammered for wrapping 2023 with big layoffs just before Christmas

"That puts you in the top 3% of biggest layoffs this year from a tech company," one user wrote on X…

Kai Xiang Teo   


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Tech layoffs are hitting companies that are doing just fine

Tech firms have laid off over 34,000 workers this year, but many have done so despite touting stron…

Hasan Chowdhury   


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3 mins read

Big Tech's efficiency obsession has continued into 2024 with thousands of layoffs

Tech firms including Amazon and Google have started the year by laying off workers as they look to …

Hasan Chowdhury   


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5 mins read

Google's layoffs already impacted its culture. Now they're affecting its bottom line.

In today's big story, we're looking at highlights from two of the world's biggest tech companies' e…

Dan DeFrancesco   


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Tech layoffs surpass Great Recession levels, set to get worse in early 2023

The major layoffs by the tech companies this year alone have surpassed the levels from the Great Re…

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4 mins read

Layoffs are piling up from Amazon to Compass as tech companies enter 2023 scrambling to get ahead of a possible recession

January is often the worst month for layoffs. This year, tech firms looking to slim down could make…

Shana Lebowitz,Rebecca Knight   


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4 mins read

Layoffs are a nail in the coffin for whatever the metaverse is

The metaverse is expensive, vague, and there's no evidence anyone wants it. It'll be the first thin…

Hasan Chowdhury   


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4 mins read

Retailers are hoarding labor even as tech layoffs mount

While it's tempting to view recent layoffs as an emerging trend in the retail sector, that doesn't …

Avery Hartmans,Dominick Reuter   


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3 mins read

An Apple a day could keep the layoffs away

7. A rare Jack Ma sighting. The reclusive Alibaba founder was spotted in Hong Kong after he was rec…

Diamond Naga Siu   


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4 mins read

Is your job at risk? If you're working in any of these roles then you need to be worried

The revised business forecast and expected margins have forced companies to redraw their business p…

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3 mins read

Salesforce's massive layoffs are a sign for Silicon Valley that the worst is yet to come

After a bad 2022, analysts say that Salesforce, Microsoft, and other cloud companies will see more …

Matt Weinberger,Paayal Zaveri   


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3 mins read

One chart shows that a much-feared wave of mass layoffs has yet to crash into the US economy

Unemployment claims and layoff rate data both indicate that despite cuts at some large companies, t…

Madison Hoff   


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3 mins read

Why tech layoffs are happening all at once — and why the next few weeks could be the worst of them

Industry experts say the next few weeks are critical: Many tech firms will want to trim payroll, an…

Avery Hartmans   


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5 mins read

Inside the Disney drama as CEO Bob Iger announces massive layoffs and a reorg that dismantles the structure under predecessor Bob Chapek

Bob Iger is back as Disney's CEO, replacing protege Bob Chapek after a brief, rocky tenure. Here's …

Lucia Moses   


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3 mins read

Startup extinction season is going to kick into high gear — and there's likely going to be a bloodbath soon for some of the 50,000 VC-backed startups

There are more than 50,000 US VC-backed startups, and many will probably be looking for capital in …

Vishal Persaud