Microsoft Job Cuts
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Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
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Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
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Layoffs Continue In US, Canada As Companies Uncertain Of Economy
Microsoft is cutting around 1,900 jobs at gaming divisions Activision Blizzard and Xbox.
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LinkedIn Closes Service in China Amid 'Fierce Competition', Cuts Over 700 Jobs
Social networking firm LinkedIn announced Tuesday that it will close down its last service available in China, citing "fierce competition and a challenging macroeconomic climate". The company had introduced a unique domestic version of the career networking platform operated locally in order to comply.
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Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
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LinkedIn Said to Cut Over 700 Jobs, Shut Down China Focussed InCareers App
LinkedIn, the social media network owned by Microsoft, that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application.
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LinkedIn To Cut Over 700 Jobs, Phase Out China App
LinkedIn, the social media network owned by Microsoft Corp that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application.
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Companies That Have Conducted Mass Layoffs In 2023. See List
Roughly 1,21,205 people have lost their jobs since the beginning of this year with 84,714 employees being laid off in January and 36,491 in February.
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Meta to Lay Off Thousands of Workers This Week in Fresh Round of Job Cuts to Meet Financial Targets: Report
Meta Platforms will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on Monday, only a few months after the Facebook-parent reduced more than 11,000 people from its workforce.
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Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.
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Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
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Tech CEOs Will Pay a Harsh Price for These Job Cuts
Big Tech layoffs have affected nearly every noteworthy firm in Silicon Valley with almost 100,000 positions eliminated this year. Tech workers might have taken the brunt of firings, but their counterparts in finance have begun to feel the pressure of the ongoing financial slowdown. Here's how the ongoing layoffs in the tech sector could hurt CEOs a...
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ChatGPT vs Bard: Everything We Know About Google's Upcoming AI Chatbot
Zoom announced on Tuesday that it will cut about 1,300 jobs, amid slowing demand in a post-pandemic world. The cuts will affect 15 percent of the company's workforce. Zoom CEO Eric Yuan said he would take a pay cut of 98 percent for the coming fiscal year and forego his bonus.
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Dell to Lay Off About 6,650 Employees Amidst Falling Demand for PCs: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday. The previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, CEO Jeff Clarke said in a memo.
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Dell To Cut About 6,600 Jobs, Battered By Plunging PC Sales
Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go.
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Salesforce Said to Cut 1,000 Roles While Hiring Salespeople for AI
Salesforce is announcing lay-offs as it prepares to enter a new fiscal year. More than 1,000 roles will be affected and displaced workers will be able to apply for other jobs internally. The company has also been keeping a closer eye on maintaining profit margins after pressure from activist investors in 2023.
-
Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
-
Layoffs Continue In US, Canada As Companies Uncertain Of Economy
Microsoft is cutting around 1,900 jobs at gaming divisions Activision Blizzard and Xbox.
-
LinkedIn Closes Service in China Amid 'Fierce Competition', Cuts Over 700 Jobs
Social networking firm LinkedIn announced Tuesday that it will close down its last service available in China, citing "fierce competition and a challenging macroeconomic climate". The company had introduced a unique domestic version of the career networking platform operated locally in order to comply.
-
Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
-
LinkedIn Said to Cut Over 700 Jobs, Shut Down China Focussed InCareers App
LinkedIn, the social media network owned by Microsoft, that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application.
-
LinkedIn To Cut Over 700 Jobs, Phase Out China App
LinkedIn, the social media network owned by Microsoft Corp that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down its China-focused job application.
-
Companies That Have Conducted Mass Layoffs In 2023. See List
Roughly 1,21,205 people have lost their jobs since the beginning of this year with 84,714 employees being laid off in January and 36,491 in February.
-
Meta to Lay Off Thousands of Workers This Week in Fresh Round of Job Cuts to Meet Financial Targets: Report
Meta Platforms will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on Monday, only a few months after the Facebook-parent reduced more than 11,000 people from its workforce.
-
Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.
-
Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
-
Tech CEOs Will Pay a Harsh Price for These Job Cuts
Big Tech layoffs have affected nearly every noteworthy firm in Silicon Valley with almost 100,000 positions eliminated this year. Tech workers might have taken the brunt of firings, but their counterparts in finance have begun to feel the pressure of the ongoing financial slowdown. Here's how the ongoing layoffs in the tech sector could hurt CEOs a...
-
ChatGPT vs Bard: Everything We Know About Google's Upcoming AI Chatbot
Zoom announced on Tuesday that it will cut about 1,300 jobs, amid slowing demand in a post-pandemic world. The cuts will affect 15 percent of the company's workforce. Zoom CEO Eric Yuan said he would take a pay cut of 98 percent for the coming fiscal year and forego his bonus.
-
Dell to Lay Off About 6,650 Employees Amidst Falling Demand for PCs: Report
Dell Technologies will eliminate about 6,650 jobs, or about five percent of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday. The previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, CEO Jeff Clarke said in a memo.
-
Dell To Cut About 6,600 Jobs, Battered By Plunging PC Sales
Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go.
