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5 mins read

Companies are using layoffs to cut new-hire salaries and win back the power they held before the pandemic, some recruiters say

Recruiters lowering pay for new hires could erode salary-negotiation power for longer-tenured emplo…

Juliana Kaplan,Rebecca Knight   


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2 mins read

EY says it hasn't seen 'a rash of talent that's all of a sudden available' despite huge tech layoffs

EY is looking to hire around 220,000 people in the 12 months to July 2023, the firm's global vice c…

Huileng Tan   


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6 mins read

Why corporate leaders like Mark Zuckerberg, Jack Dorsey, and Evan Spiegel are all apologizing for the massive layoffs at their companies

From Meta's Mark Zuckerberg to Twitter's Jack Dorsey, execs are taking the blame as thousands lose …

Sarah Belle Lin   


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3 mins read

A business owner took advantage of her pandemic layoff to dive deep into entrepreneurship. Now inflation is forcing her back to the 'cubicle farm.'

Linda Otterbridge used her pandemic layoff as an opportunity to dive into entrepreneurship. But ris…

Juliana Kaplan   


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4 mins read

Megan Hernbroth   


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1 min read

Microsoft is reportedly axing 650 jobs in its Xbox games division — less than a year after closing its Activision deal

Microsoft is laying off 650 employees in its Xbox games division, following previous layoffs and st…

Jyoti Mann   


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2 mins read

Why you may want to reconsider a career in AI

NYU Stern's chief AI scientist emphasizes the cyclical nature of the tech industry and questions w…

Ana Altchek   


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4 mins read

Your company's AI spending spree could cost you your job

Huge AI investments are costing some workers their jobs as companies change their spending prioriti…

Jacob Zinkula   


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2 mins read

TECH'S JOB-CUTS JANUARY

Tech industry heavyweights like Google and Amazon are among those starting 2024 with staff cuts in …

Sarah Jackson   


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1 min read

Google CEO Sundar Pichai says the tech giant's staff must brace for more job cuts in 2024

"These role eliminations are not at the scale of last year's reductions, and will not touch every t…

Kwan Wei Kevin Tan   


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1 min read

Discord is laying off 170 employees as its CEO says the workforce grew too quickly

CEO Jason Citron reportedly said the rapid growth of the company since 2020 made it less efficient.

Jyoti Mann   


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5 mins read

Looking for a career change? What the new Goldilocks labor market means for job seekers and workers

Job quitting and wage growth aren't that dramatic anymore. However, it's a good labor market for jo…

Madison Hoff   


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2 mins read

The 'misery index' often predicts who'll win the White House but it may be broken

Inflation has cooled and the unemployment rate has stayed low, but it seems plenty of people are st…

George Glover   


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2 mins read

Goldman Sachs sees much stronger economic growth than consensus, dismissing Wall Street's top concern

"We expect much stronger GDP growth in 2024 than consensus and see a much lower risk of recession,"…

Matthew Fox   


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3 mins read

More tech employees should expect to lose their jobs even after 330,000 roles got wiped

Tech firms have cut thousands of workers but these losses represent a small fraction of their bloat…

Hasan Chowdhury   


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2 mins read

Elon Musk says there's more room for job cuts at Big Tech companies

'There is a potential for significant cuts at other companies without affecting their productivity,…

Huileng Tan   


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4 mins read

CEOs are getting closer to finally saying it AI will wipe out more jobs than they can count

Tech CEOs are increasingly seeing the benefits of AI in their year of efficiency, with investment i…

Hasan Chowdhury   


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2 mins read

One chart shows why Elon Musk axed half of Twitter's workforce

Revenue generated by individual employees at Twitter fell drastically before Musk swooped in.

Hasan Chowdhury   


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2 mins read

Some Meta employees are getting paid to do 'zero work' as the company embarks on a 'year of efficiency': Financial Times

"The year of efficiency is kicking off with a bunch of people getting paid to do nothing," a Meta e…

Huileng Tan   


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2 mins read

Elon Musk says it is 'inevitable' that Mark Zuckerberg would roll out Meta Verified after Twitter started making subscribers pay

The Meta Verified paid subscription program for Facebook and Instagram starts at $11.99 a month if …

Huileng Tan