Tech Layoffs

Another round of layoffs at X? Elon Musk asks managers to name top performers in their teams

Elon Musk may be contemplating another round of layoffs at X, his social media platform. Musk has asked the managers in his social media organisation to list out the top performers in their teams

32,000 employees already laid off in 2024, tech companies to terminate more, warn experts

In January of 2024 tech companies laid off more than 32,000 employees. Experts however, believe that they are set to terminate more people as they face as economic uncertainties

Snapchat’s parent company Snap to lay off over 520 or 10% of employees to ‘reduce hierarchy’

Snap, the parent organisation of Snapchat is the latest tech company to announce a mass layoff this year. As per a filing with the US Securities and Exchange Commission (SEC) this is in part of Snap's strategy to support future growth

Google Being Penny Wise, Pound Foolish: Spent over $2bn laying people off in 2023, $700mn in 2024

Despite substantial severance expenses and office closures, Google reports strong financial performance and has unveiled plans for its "Gemini era" AI initiatives

Massive layoffs at Microsoft as 1,900 jobs terminated, including at newly acquired Activision

Microsoft is the latest tech company to lay people off en masse. The tech giant, is set to lay off 1900 people form its gaming divisions, including from Activision Blizzard which it had acquired only recently

Layoffs continue at Google, people from its secret research lab Moonshot X terminated

Google's Moonshot X or X, launched by Google co-founders Larry Page and Sergey Brin, is renowned for exploring groundbreaking solutions to significant challenges like climate change and connectivity. Now, they too are laying off people

US saw 98% surge in layoffs in 2023: Is the worse yet to come?

Companies in the US planned 721,677 job cuts last year, a 98 per cent jump from 2022, according to a report. Tech, retail companies and healthcare accounted for most of these layoffs. What is in store for this year?

Tech layoffs: Mass firings at Amazon continue, tech giant terminates 5% of staff at Buy with Prime unit

Over 30 employees from the Buy with Prime unit are impacted by the layoffs. This reduction in staff comes on the heels of Amazon's recent layoffs in its streaming and studio operations, including Twitch live-streaming platform and Audible audiobook unit

Layoffs at Amazon: E-commerce giant axes staff yet again, 5 per cent staff at Audible let go

Yet another leaked memo from Amazon has revealed that the company is laying off more people, this time from its audio streaming division, Audible. Amazon is reportedly cutting 5 per cent staff at Audible, in addition to the thousands of people from Prime Video, Twitch, MGM etc

Tech layoffs in 2024: Flipkart, Paytm, HumaneAI, Amazon and more slash staff en masse

Following an abysmal 2023, layoffs in the tech sector continue as major corporations are terminating by the dozen. While smaller companies, like HumanAI are laying off about 4%, major ones like Amazon, are laying people off by the hundreds across divisions