Items tagged with Layoffs
We're barely two months into 2024 and it's already shaping up to be a tough year as it applies to job security in the tech industry. Unfortunately, layoff announcements have been coming in at a steady pace. Google, eBay, Discord, Riot Games, and Sony PlayStation have all announced reductions in head counts over the...
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It's hard being in the tech workforce (yet again). Last year we saw widespread layoffs in the sector, but it seems like 2024 might be off to a similar (but so far somewhat smaller scale) start. To that end, tech giant eBay just announced it's letting go of nearly 1,000 full-time personnel (roughly 9 percent) all in the name of "Ensuring eBay’s
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2024 continues to be a turbulent year for the people working in the games industry as Riot Games has announced plans to reduce its workforce by 11%, or 530 employees. The company seems to be well aware of the negative reactions the industry wide layoffs are getting, and attempted to reduce that by saying, “this isn’t...
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It is unclear if the tech bubble is slowly deflating or if it is just a sign of the broader economy, but layoffs are seemingly the thing to do at the top of 2024. We have seen this with Google across several business units as well as Amazon, specifically with Twitch. Now, popular gaming and community social media...
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The job losses continue to mount in the tech sector, with Nico Grant at The New York Times reporting that Google is letting go of hundreds of employees from across several divisions. The Silicon Valley giant will be downsizing the groups that work on the Pixel phones, Nest smart thermostats, Fitbit watches, and Google...
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While Spotify fills everyone’s Twitter/X timeline with users posting their most played songs of 2023, the company announced it will be laying off 1,500 workers ahead of Christmas. The number equates to a not-insignificant 17% of Spotify’s total workforce, and follows layoffs of 600 employees in January, plus an...
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Following the announcement by Microsoft CEO Satya Nadella that the company is laying off 10,000 employees, 343 Industries issued a statement on the future of its highly-popular Halo franchise. The layoffs come at a time when other tech companies, such as Google and Meta, are cutting back its workforces as...
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Google CEO Sundar Pichal takes full responsibility for the upcoming layoffs at the company in an email sent out to employees earlier today. Pichal stated that the tech company hired for a "different economic reality than the one we face today," and that the layoffs are an effort to align with Google's "highest...
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In a move somewhat similar to Microsoft's announcement it was shutting down its Mixer streaming platform through a tweet, the CEO of Better.com, an online mortgage lender, fired 900 employees during a Zoom call back in December. Now the company has announced it will be laying off another 3000 employees, which is about...
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Being told you will be out of work come the new year is a horrible way to start the holiday season, but it appears Activision-Blizzard has done just that to some of its quality assurance testers. Confirmed by a Call of Duty community manager on Twitter, the employees will be out of work come January 28th, after being...
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Mozilla has announced that it has let go of several employees via an official blog post. In the post, titled "Readying for the Future at Mozilla," Mitchell Baker, Mozilla Chairwoman and interim CEO, wrote that Mozilla has to do two things in this era including continuing to excel in its current work and innovating in...
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Despite all of the hype and excitement surrounding virtual reality over the past couple of years, the market for VR has not grown at the pace Nokia had anticipated or hoped it would. As a result, the company has decided to 'optimize' its investments in VR, starting with halting development of Ozo, a 360-degree VR...
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Seagate Technology may be raking in the dough, but it is still letting employees go. The company estimated fourth-quarter revenue higher than Wall Street expectations, however, it will lay of 6,500 employees by the end of the fiscal year of 2017.
Seagate Technology is an American data storage company best known for...
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Despite being the world's largest maker of mobile semiconductors for smartphones and feature phones, the future of Qualcomm is now in question. All eyes will be on Qualcomm as when it reports its fiscal third-quarter results tomorrow, as that's when it may announce what options it's considering to turn things around...
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There’s a lot of positive energy flowing through Microsoft these days. The company by all accounts won E3 with the unveil of a new 1TB Xbox One console, a swanky new “Elite” wireless Xbox One controller, and backwards compatibility support for Xbox 360 games. And we can’t forget the July 29 release of Windows 10...
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BlackBerry, or the company formerly known as Research In Motion (RIM) if you prefer, has a seemingly endless playbook filled with strategies to keep the company afloat. A name change is just one of many things the company has tried, in addition to hiring new leaders, launching new products, and when things get really...
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Later this year, auction site eBay and its wholly owned online payment subsidiary PayPal will split into two different companies, and as they prepare to do that, several employees are being handed pink slips. The two divisions have reportedly begun notifying affected employees, most of which have been participating in projects that didn't
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AOL has gone into restructuring mode and is preparing to lay off staff, as well as shut down several of its prominent website properties. At present, it's being reported that AOL is likely to turn out the lights at its primary gaming site Joystiq, and the The Unofficial Apple Weblog, better known as TUAW. However...
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Back on October of last year, Sony said it planned to eliminate 1,000 jobs in its mobile division. Now three months later, Sony crunched the numbers and is reportedly going to hand out an additional 1,000 pink slips, the latest of which will mostly affect its smartphone operations in Europe and China, according to...
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Although IBM appears to be on the verge of major jobs cut, details are slim. Forbes columnist Robert Cringely reported last week that about 26 percent of IBM’s existing workforce of 431,000 employees would receive unwelcome phone calls from their managers this week. According to the report, cuts would likely be...
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Qualcomm CEO Steve Mollenkopf will have plenty of opportunities to practice his Donald Trump impersonation as the company gets ready to hand out approximately 600 pink slips. The layoffs come as Qualcomm faces regulatory investigations into its business practices in three different territories -- China, European Union, and the United States
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Rovio Entertainment is following through with its plan to make significant workforce reductions this year. The cuts, which Rovio first announced in early October, will remove 110 employees. As part of the reorganization, the Angry Birds game developer is closing its Tampere, Finland studio and moving many positions to Espoo, Finland.
The
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