You Searched For "reduce headcount expenses" and got 20 results
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2 mins read
Generative AI may reduce employee headcount by at least 5% in 2024, some CEOs say
Many CEOs see the potential for AI-led job losses in 2024, a PwC study showed. A quarter of those s…
Aaron Mok
1 min read
Streaming company Roku to fire 200 US employees
According to the company, the cuts aim to reduce its "headcount expenses" by around 5 per cent b…
2 mins read
Meta says it's laying off staff and easing off hiring to reduce costs – but will keep pumping billions into Mark Zuckerberg's metaverse
Meta's CFO said Wednesday the company was shrinking headcount in some teams, keeping it flat in oth…
Grace Dean
4 mins read
Leaked screenshots and audio reveal the implosion inside Stripe-backed Fast — including the CEO's plans to reduce burn rate, and employee's calls for transparency in leadership
Delays in performance reviews and concerns over company expenses have plagued the financial startup…
Kylie Robison
2 mins read
6 startup CEOs explain their strategy for making sure that layoffs are only ever a last resort in a recession, from slashing expenses to asking employees what kind of pay cut they can afford
Cutting headcount to survive this crisis has become a controversial subject in the startup world. …
Benjamin Pimentel
8 mins read
Inside the Goldman Sachs marketing push that has some execs perplexed
The Wall Street giant set out to build a marketing 'army' under its first CMO. Some high-level insi…
Reed Alexander
3 mins read
New York offers the worst cost-of-living tradeoff of any major city for new college grads. Starting salaries go further in these 14 metros.
New graduates' salaries go the furthest in Austin and Atlanta, but more of them are still moving to…
Noah Sheidlower,Juliana Kapla…
3 mins read
eBay is laying off 1,000 employees about 9% of its workforce. Read the memo its CEO sent to staff.
CEO Jamie Iannone said that the cost of the company's head count and general expenses had outpaced …
Jyoti Mann
2 mins read
Adam Neumann is trying to buy back WeWork
WeWork cofounder Adam Neumann submit a bid for more than $500 million to buy back the bankrupt comp…
Erin Snodgrass
1 min read
More job cuts in the crypto world: US' Circle is latest to lay off staff, trim non-core investments
US-based cryptocurrency company Circle which manages stablecoin USDC (USD Coin), has announced that…
3 mins read
I'm an ex-Amazon senior leader. Here's why layoffs keep happening and why ambitious managers are fueling them.
Brandon Southern has led teams at places like eBay and GameStop. He's seen first-hand what happens …
Brandon Southern
6 mins read
Read the full memo Spotify's CEO sent employees announcing it would cut 17% of its staff: 'Being lean is not just an option but a necessity'
Spotify CEO Daniel Ek told employees in an email announcing the layoffs that "many smart, talented …
Jyoti Mann
2 mins read
Coinbase will chop 20% of its staff in a 2nd round of big job cuts, as its boss blames 'unscrupulous actors' for putting pressure on crypto
Coinbase CEO Brian Armstrong blamed "unscrupulous actors" for the headwinds facing the crypto marke…
George Glover
1 min read
FTX spillover continues to spread as 2 more crypto exchanges initiate layoffs
As Sam Bankman-Fried's crypto saga carries on, crypto exchanges OSL and Amber have slashed costs an…
Phil Rosen
1 min read
Nike has slowed hiring, and expects the slowdown to continue into June
Nike Chief Financial Officer Matt Friend said the company slowed its hiring, and the company expect…
Matthew Kish
2 mins read
Meta hired consultancy firm Bain & Co. before Mark Zuckerberg's big 'efficiency' push, foreshadowing layoffs and cost-cutting
Bain is one of the 'Big Three' business consultancies, frequently working with the world's largest …
Kali Hays
2 mins read
Meta's big job cuts aren't about the tricky economy or rising inflation. They're about Mark Zuckerberg's mistakes.
Mark Zuckerberg blames the economy for his company's workforce problems, but investors have always …
Asia Martin
1 min read
Coinbase jumps to a one-month high as the crypto exchange says it will slash another 20% of staff amid market slump
Coinbase stock was in recovery mode after it was slammed down more than 80% in 2022.
Carla Mozée
2 mins read
Mark Zuckerberg says he's 'pretty confident' Meta is heading in a 'good direction' as stock crashes 20% after huge earnings miss
Meta's revenue fell for a second consecutive quarter as it ramped up spending on metaverse projects…
Grace Dean
1 min read
Alphabet is ramping up scrutiny of all its projects and cutting hiring in half as it tries to curb costs
After hiring thousands of workers in the last year, Alphabet's CEO said the company would be "revie…