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Nearly 50,000 tech workers have been laid off — but there's a hack to avoid layoffs
Nearly 50,000 tech workers have lost their jobs since the start of this year. Now, Gen Zers are loo…
1 min read
Fisker cuts deeper with new wave of summer layoffs
The embattled EV startup Fisker kicked off another round of layoffs on Wednesday, according to four…
Grace Kay
4 mins read
Tech workers reported feeling increasingly dissatisfied with their salaries. Layoffs may be fueling the frustration.
Companies are "right-sizing staff and their salaries" and limiting larger pay increases, Dice's CEO…
Aaron Mok
2 mins read
1,000 workers at one car factory in China were told to either quit or sit around on minimum wage until the market picks up again: Nikkei
China's auto sector is struggling with overproduction, impacting domestic and international markets.
Meghan Morris
1 min read
Tesla staff left playing 'Squid Game' amid Elon Musk's ongoing layoffs
Tesla is likely to keep cutting jobs over the coming weeks, leaving some workers feeling anxious, B…
Beatrice Nolan
1 min read
Tesla posts roles for Autopilot team after weeks of mass layoffs and scrubbing jobs board
Tesla is hiring again for its Autopilot team after deep companywide job cuts.
Grace Kay
1 min read
Citigroup to cut 20,000 jobs in big corporate overhaul
Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…
1 min read
Google layoffs continue as cuts hit Flutter, Dart, and Python teams
Google confirmed the layoffs to TechCrunch but did not specify which teams, roles, or how many empl…
Beatrice Nolan
2 mins read
IBM announces job cuts in two of its divisions; Tech workforce uneasy about AI’s impact, survey reveals
In the latest workforce reduction move of 2024, IBM has announced significant job cuts within its m…
2 mins read
Tesla layoffs have reportedly also hit its international offices
Tesla's layoff plans may not be confined to the US, with Reuters reporting jobcuts in China too, a …
Grace Kay
1 min read
Rivian lays off more workers
Rivian said the latest round of cuts affect about 1% of its workforce.
Grace Kay
2 mins read
Tesla sends out another wave of layoff notices as employees enter 4th week of job cuts
Elon Musk continues to cut deeper at Tesla. Multiple workers told BI that Tesla cut even more staff…
Grace Kay
1 min read
BYJU's slashes over 1,000 jobs, mostly from its engineering teams
Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, a…
2 mins read
Elon Musk reportedly axed the entire Tesla Supercharger team after its division chief defied orders and said no to more layoffs
Musk has since begun rehiring some of the workers from the Supercharger team.
Kwan Wei Kevin Tan
7 mins read
The way companies handle layoffs is brutal and bad for business
Frog-marching employees out the door and disappearing them on Slack is not only degrading to employ…
Aki Ito
1 min read
Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says
Headline job growth has been strong recently, but commentators have pointed to mixed signals in the…
Jennifer Sor
2 mins read
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
3 mins read
Layoffs could be coming as debt-laden firms navigate the pain of higher rates, economists say
Unemployment could rise to around 5% by the end of 2024, economist David Rosenberg said. "The unemp…
Jennifer Sor
1 min read
Meta's median pay for employees is $379,000 a year
Meta's median salary is significantly higher than many tech jobs, though on par with rivals like Go…
Camilo Fonseca
2 mins read
Gen Z has discovered the ultimate anti-layoff hack: government jobs
Young people disillusioned by layoffs in tech and other sectors are turning to work in the public s…