Spotify cuts 1,500 employees
Spotify Technology SA is reducing its workforce by 17% in the company’s steepest cuts this year, part of an aggressive effort to shrink costs and drive profitability.
Employees affected by the layoffs will be notified on Monday, the music streaming company said in...
Amazon retrenching 180 workers in gaming division
Amazon.com Inc.’s gaming division is cutting 180 jobs and shutting down two of its business units, including a channel on the company’s own livestreaming site Twitch.
The online retail giant is shuttering the Crown Channel, where gaming...
Nokia shedding up to 14,000 employees
Nokia Oyj plans to cut as many as 14,000 jobs, or 16% of its workforce, as a dearth of investment in fifth-generation mobile infrastructure forces it to take cost-cutting measures.
The move is expected to save as much as €400 million (R8.05 billion) next...
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]
Apple instructs employees to stay quiet regarding iPhone 12 radiation issues
Apple Inc., facing a controversy in France over the iPhone 12’s radiation levels, has advised tech support staff not to volunteer any information when consumers ask about the issue.
If customers inquire about the...
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...
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...
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...
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...
Twitter staff sue company over unpaid bonuses
Twitter Inc. employees sued the social media company claiming it refuses to pay 2022 bonuses, despite promises that they would be paid out at 50% of their target amounts.
Twitter has a cash performance bonus plan that is paid out annually and in...
Microsoft freezes full-time worker salaries because it needs money for big AI push
Microsoft Corp. has decided to freeze pay for all full-time workers this year to help it navigate macroeconomic ructions, becoming the latest US tech leader to tighten its belt during a time of mounting...
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...
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,”...
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...
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...
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...
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...
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...
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...
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...