EA will lay off 670 employees (5% of the workforce), close the Ridgeline Games studio. Respawn game about the Mandalorian – everything.
Electronic Arts plans to lay off about 5% of its workforce, or about 670 employees. This is done in order to restructure the company and change its…
eBay will lay off 1,000 employees – 9% of the company’s total workforce
Some contract workers will also be cut “in the coming months.” According to The Verge, eBay will lay off about 1,000 employees during January (about 9% of…
Game industry leaders prepare for “two years of suffering”
If last year in the industry was marked by layoffs, then 2024 is predicted to be the “year of closure.” According to a survey by GamesIndustry.biz, the…
Unity is cutting 1,800 jobs – a quarter of its total workforce
Unity has faced the sad consequences of its short-sighted policy of game engine monetization and the general decline in the gaming industry. We will remind you that…
Xerox to lay off more than 3,000 workers as part of restructuring – shares of the company fell by 12%
The company, which was founded in 1906 and is known as a pioneer in the field of mass production of copiers, plans to lay off about 15%…
Amazon is laying off more than 100 employees from its gaming division
At Amazon, the wave of staff reductions continues. In addition to the recent layoffs of 18,000 employees, which were followed by another 9,000 layoffs, “just over” 100…
Disney is laying off 7,000 employees to cut costs by $5.5 billion.
7,000 employees are 3.2% of the company’s total workforce, which as of October 2022 numbered 220,000 people. The layoffs at Disney are part of CEO Bob Iger’s…
Google’s advertising revenue fell by 4% last quarter – for the second time in the company’s history
Tech giants continue to make money while showing a significant slowdown in revenue growth. According to Alphabet’s 2022 financial report, the company earned $76 billion in the…
Facebook has reached 2 billion active users – the social network continues to grow, despite the reductions, which will continue in 2023
Another 16 million people joined Facebook last quarter, bringing the total number of daily active users to 2 billion, Meta said during its latest financial report. We…
Microsoft will shut down AltspaceVR, its own social mixed reality platform, on March 10 after downsizing the team that worked on it
Earlier, Microsoft cut more than 10,000 employees, including those who worked in the mixed reality department. We help Microsoft will shut down AltspaceVR, a social virtual reality…
Google will lay off 12,000 employees and focus on artificial intelligence
Alphabet is cutting 12,000 jobs, the company’s chief executive wrote in a memo obtained by Reuters. We help The layoffs at Google’s parent company are the latest…
Microsoft will lay off 11,000 employees. Most of the cuts will affect engineering departments – Bloomberg
Microsoft is expected to announce the cuts today when it reports for the fiscal quarter ended Dec. 31, 2022. We help Updated [18:15]: Microsoft has officially confirmed…
Crypto exchange Coinbase cuts 950 employees, previously laid off another 1,160 – management blames the crisis on the collapse of FTX
Cryptocurrency exchange Coinbase has announced mass layoffs. In an email to employees on Tuesday, CEO Brain Armstrong said the company will lay off 950 employees as it…
Amazon will lay off more than 18,000 workers – the largest reduction in the company’s history
The cuts at Amazon exceed previous forecasts and represent about 5% of the company’s total corporate staff and 1.2% of the total number of employees (1.5 million…
How tech companies are downsizing in 2022, Visual Capitalist infographic
In 2022, company downsizing is so common that many sites have started tracking these events, from Crunchbase to Indian tech website Inc42. They even created a separate…
Amazon has officially informed employees about the cuts – they will continue until the beginning of 2023
When the layoffs at Amazon will begin and how many people will leave the company has not yet been specified. Amazon’s job cuts, announced Wednesday, will continue…