job cuts

  1. Hanno Labuschagne

    LinkedIn sheds another 668 jobs

    LinkedIn sheds another 668 jobs Microsoft Corp.’s LinkedIn is cutting about 668 roles across its engineering, product, talent and finance teams. These are the second such cuts this year as fewer companies use the hiring platform and corporate social network. [Bloomberg]
  3. Hanno Labuschagne

    Google cut contract workers out of retaliation for unionising plans — Report

    Google cut contract workers out of retaliation for unionising plans — Report Alphabet Inc. illegally ended contract employment for a majority of Google Help workers as they were trying to unionise, organisers alleged in a complaint to the US labour board. The Alphabet Workers Union accused the...
  4. Hanno Labuschagne

    Fired Twitter employees' court battle heats up

    Fired Twitter employees' court battle heats up Twitter Inc. is refusing to engage in arbitration with ex-employees who were fired when Elon Musk took over the company after pushing them to use that process to resolve claims that they weren’t paid, didn’t get promised severance, or were...
  5. Hanno Labuschagne

    Niantic shuts Los Angeles office and fires over 200 staff

    Niantic shuts Los Angeles office and fires over 200 staff Pokémon Go maker Niantic Inc. is closing its Los Angeles game studio and cancelling NBA and Marvel titles in a restructuring aimed at stabilising the company’s finances. Niantic will cut 230 jobs, or about 25% of its staff, a...
  6. Hanno Labuschagne

    Job cuts at Waze

    Job cuts at Waze Alphabet Inc.’s Google has cut jobs at mapping service Waze, the tech giant’s latest move to trim its operations amid a drive for efficiency in Silicon Valley. Some positions focused on advertising at Waze were eliminated after the unit began transitioning to using Google’s...
  7. Hanno Labuschagne

    Meta Platforms cutting jobs at Facebook, WhatsApp, and Instagram

    Meta Platforms cutting jobs at Facebook, WhatsApp, and Instagram Meta Platforms Inc. is set to commence companywide layoffs on Wednesday as it restructures teams and works toward founder Mark Zuckerberg’s goal of greater efficiency. The Facebook parent company notified managers to prepare to...
  8. Hanno Labuschagne

    Microsoft dumps plan for new UK office

    Microsoft dumps plan for new UK office Microsoft Corp. is abandoning plans for a new office complex in London, the company said Tuesday, showing how plans to trim 10,000 workers this year will affect its real estate needs. “We are committed to the UK and have facilities across the country,”...
  9. Hanno Labuschagne

    EA cutting over 700 jobs

    EA cutting over 700 jobs Electronic Arts Inc. will let go of about 6% of its workers as part of a restructuring plan and take charges of as much as $200 million in a challenging year for the video-game industry. The Redwood City, California-based company’s charges include as much as $70...
  10. Hanno Labuschagne

    Amazon retrenching 9,000 more workers after 18,000 earlier layoffs

    Amazon retrenching 9,000 more workers after 18,000 earlier layoffs Amazon.com Inc. is laying off an additional 9,000 employees, adding to cuts that were already the largest round of firings in the company’s history. Chief executive officer Andy Jassy announced the cuts internally Monday...
  11. Hanno Labuschagne

    Meta Platforms shedding 10,000 jobs — and closing 5,000 open positions

    Meta Platforms shedding 10,000 jobs — and closing 5,000 open positions Meta Platforms Inc. plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months. The Facebook parent company has been marketing 2023 as a...
  12. Hanno Labuschagne

    Meta Platforms planning more mass layoffs

    Meta Platforms planning more mass layoffs Meta Platforms Inc., the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people familiar with the matter. The world’s largest social networking company is...
  13. Hanno Labuschagne

    Load-shedding costing jobs in South Africa

    Load-shedding costing jobs in South Africa Load-shedding comes at a high cost to South African businesses, and some are forced to cut jobs to stay afloat. According to a City Press report, Eskom's rotational power cuts are causing unemployment to rise sharply as companies implement...
  14. Hanno Labuschagne

    Meta cuts thousands of jobs while adding $4 million to Zuckerberg's personal security budget

    Meta cuts thousands of jobs while adding $4 million to Zuckerberg's personal security budget Meta Platforms Inc. chief executive officer Mark Zuckerberg has dubbed 2023 the “year of efficiency,” a signal the social networking company plans to reduce spending and increase speed, but costs are...
  15. Hanno Labuschagne

    Yahoo cutting 1,000 jobs

    Yahoo cutting 1,000 jobs Yahoo Inc. will eliminate about 1,000 jobs beginning this week, or roughly 12% of its employees, the first round of cuts in a larger plan to restructure its advertising tech division amid a wave of layoffs in the industry. The company, owned by Apollo Global Management...
  16. Hanno Labuschagne

    Dell shedding 6,650 jobs after PC sales battering

    Dell shedding 6,650 jobs after PC sales battering Dell Technologies Inc. is eliminating about 6,650 roles as it faces plummeting demand for personal computers, becoming the latest technology company to announce thousands of job cuts. The reduction amounts to about 5% of Dell’s global...
  17. Hanno Labuschagne

    PayPal latest tech company to shed jobs

    PayPal latest tech company to shed jobs PayPal Holdings Inc. said it will cut 2,000 staffers as it contends with a macroeconomic slowdown that’s weighed on the firm’s business in recent quarters. The cuts, which will affect about 7% of employees, will take place in the coming weeks, chief...
  18. Hanno Labuschagne

    Intel's Pat Gelsinger gets salary slashed by a quarter

    Intel's Pat Gelsinger gets salary slashed by a quarter Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope with a shaky economy and preserve cash for an ambitious turnaround plan. Chief executive officer Pat Gelsinger is...
  19. Hanno Labuschagne

    IBM shedding 3,900 jobs

    IBM shedding 3,900 jobs International Business Machines Corp. delivered an upbeat annual sales forecast while announcing it would eliminate about 1.5% of its global workforce, following similar job cuts the past few months by many of its technology peers. The reductions will amount to a...
  20. Hanno Labuschagne

    Spotify joining Amazon, Google, Meta, and Microsoft with jobs cuts

    Spotify joining Amazon, Google, Meta, and Microsoft with jobs cuts Spotify Technology SA is planning layoffs as soon as this week, according to people familiar with the plans, joining a slew of technology companies from Amazon.com Inc. to Meta Platforms Inc. in announcing job cuts to lower...
  21. Hanno Labuschagne

    Google retrenching 12,000 staff

    Google retrenching 12,000 staff Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring. The cuts will affect jobs globally and across the entire company, chief...
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