Tag: redundancies

[ad_1] On Tuesday evening, Microsoft hosted an event. It was an intimate gathering of 50 or so people, including the company’s top executives, who got to while away the evening…

[ad_1] Unity Software Inc. is laying off more than 200 employees, making it the latest technology company to implement staff cuts amid mounting recession fears. San Francisco-based Unity U, +2.57% said Tuesday that 284…

[ad_1] The Labor Department’s job openings report may not be capturing a recent upturn in layoffs, according to new research from Goldman Sachs. Manuel Abecasis, a Goldman Sachs economist, looked…

[ad_1] Intrinsic, Alphabet Inc.’s industrial robotics company, slashed about one-fifth of its workforce Wednesday, as Google’s parent company starts what’s anticipated to be a large round of layoffs. Intrinsic, which…

[ad_1] BlackRock Inc. on Wednesday added its name to the growing list of financial and other companies cutting jobs with plans to cut its workforce for the first time since…

[ad_1] Stitch Fix Inc. will conduct additional layoffs and shake up its leadership as the personal-styling company comes off a dismal year for its stock. Founder Katrina Lake said in…

[ad_1] Goldman Sachs Group Inc. will cut bonuses by about 40% in the deepest belt-tightening move among the big U.S. banks, The Wall Street Journal reported Thursday. Goldman Sach’s GS,…

[ad_1] Electric-vehicle maker Tesla Inc.’s shares declined for the fourth consecutive session Wednesday, after a report of a hiring freeze and plans for layoffs. Tesla TSLA, -0.17% is planning layoffs…

[ad_1] The “magnitude” of executive turnover at Salesforce Inc. has one analyst thinking twice about its stock. Baird analyst Rob Oliver downgraded Salesforce shares CRM, -2.09% to neutral from outperform…

[ad_1] Privately held Plaid has joined the wave of technology companies trimming their forces, announcing plans Wednesday to lay off about 260 workers. Chief Executive Zach Perret detailed the cuts…

[ad_1] San Francisco City Attorney David Chiu said Tuesday that he will look into the loss of Twitter janitors’ jobs, which appears to be in violation of San Francisco law.…

[ad_1] The tech industry continued to add jobs despite the tens of thousands of layoffs that were announced in November, though tech job postings continued a downward slide, according to…

[ad_1] Shares of AMC Networks Inc. slid in Tuesday trading after the media company announced the surprise departure of its chief executive and said that it plans to conduct layoffs…

[ad_1] Morgan Stanley sampled a few Tesla investors and detected what Wall Street has long posited: Chief Executive Elon Musk’s “involvement” with Twitter Inc. “has contributed to negative sentiment momentum”…

[ad_1] Elon Musk extended his job-cutting at Twitter Inc., laying off some employees in sales after they had signed on to the billionaire’s vision for the social-media platform, people familiar with…

[ad_1] Twitter laid off a large portion of its contract workforce over the weekend, according to multiple reports. Platformer’s Casey Newton first reported the layoffs Saturday, and said Sunday that…

[ad_1] Twitter Inc. will begin mass layoffs Friday morning, as Elon Musk looks to slash costs at the social-media company that he acquired last week for $44 billion. In an…

[ad_1] Elon Musk plans to slash Twitter Inc.’s workforce by 50% as soon as Friday, according to a new report. Citing anonymous sources with knowledge of the matter, Bloomberg News…

[ad_1] Twitter Inc. is drafting plans for broad layoffs, according to people familiar with the matter, days after the social-media platform was taken private by billionaire Elon Musk for $44 billion. The proposed layoffs…

[ad_1] Zillow Group Inc. confirmed more layoffs Wednesday, as the real-estate services company grapples with a slowdown in the housing market. Bloomberg News reported Wednesday that Zillow laid off 300…

[ad_1] Elon Musk told Twitter Inc. employees Wednesday that, contrary to an earlier news report, he does not plan on cutting 75% of the staff, according to Bloomberg News. Earlier…

[ad_1] Telehealth startup Cerebral Inc. told staffers it is cutting jobs and restructuring its operations in moves that will affect about 20% of its employees, shrinking the company to match patient demand…

[ad_1] Microsoft Corp. is laying off nearly 1,000 workers across multiple divisions, according to news reports Monday. Axios and Business Insider reported the cuts late Monday. Sources told the news…

[ad_1] Intel Corp. may fire thousands of workers by the end of the month, around the same time the chip manufacturer reports quarterly results amid a tough year for semiconductor…

[ad_1] The numbers: The number of people who applied for unemployment benefits last week rose by 5,000 to 213,000, but new jobless claims are still quite low and reflect strong…