Tesla will lay off about 14,000 employees
The Technology section is powered by Favbet Tech Earlier this month, Tesla reported its first drop in electric car sales in four years, and now the market…
Apple lays off 600 engineers after canceling car project – biggest cut since pandemic
The Technology section is powered by Favbet Tech Apple shut down its long-running self-driving electric car project a few weeks ago, and has now announced 614 job…
Google spent $2.8 billion for the year to lay off more than 12,000 people — the company earned $86 billion last quarter
This month, the company announced layoffs across its advertising, hardware, search, shopping, maps, policy, core engineering and YouTube teams. Subsequently, Google CEO Sundar Pichai warned employees in…
PayPal lays off 2,500 workers – a week after the announcement of a “new chapter” from the CEO
The payments company joins the ranks of businesses that announced layoffs in January. According to a statement from CEO Alex Criss, the layoffs will cover 9% of…
Microsoft will lay off 1,900 employees of the gaming division (8% of the workforce) – Activision Blizzard, Xbox and Bethesda will cut staff
Microsoft has laid off 1,900 workers from its Activision Blizzard and Xbox divisions. While most of the layoffs involve Activision Blizzard, some employees at Xbox and ZeniMax…
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…
Google is laying off about a thousand workers – from Pixel, Fitbit, Assistant and AR, among others
As part of the cuts, Google will reorganize its AR divisions, Pixel, Nest, Fitbit and its core engineering team, while fitness band co-founders James Park, Eric Friedman…
Halo dev layoffs continue: 343 Industries hires first-three game writer Joe Staten and franchise director Frank O’Connor
Frank O’Connor, a long-time veteran of the Halo franchise, has left 343 Industries, which he founded. His LinkedIn profile shows he left the studio this month, Microsoft…
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…
The head of the tax service of Kyiv wrote a resignation letter after the searches – mass media
The scandalous acting head of the tax inspectorate may report suspicion of illegal enrichment. The head of the tax service of Kyiv wrote a letter of resignation…
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…
The Deputy Prosecutor General, who spent his vacation in Spain, was dismissed – People’s Deputy
The deputy announced new personnel decisions. Symonenko spent New Year’s vacation in Spain / facebook. com Deputy Prosecutor General Oleksiy Symonenko was fired. People’s deputy Yaroslav Zheleznyak…
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…
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…
Elon Musk promises to step down as CEO of Twitter – as soon as he finds a “stupid enough” successor, but does not plan to sell the company
Until a worthy candidate for the position of head of Twitter is found, Musk will work as an executive director. Elon Musk finally commented on the results…
Elon Musk is actively searching: the billionaire will not resign as CEO of Twitter until he finds a “worthy successor”
The owner and CEO of Twitter, Elon Musk, is looking for a person who can take over the position of head of the social network. However, he…
Ex-Tesla employees claim they were fired because of Elon Musk’s criticism
Two former Tesla employees claim they were wrongfully fired from the company after they planned to publicly criticize Elon Musk, Bloomberg reports. The two California employees filed…
Tech industry titan John Carmack is leaving Meta after 9 years on the job
John Carmack, known for his work on virtual reality projects as well as classic games like Doom and Quake, is stepping down as a technical consultant at…
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…
HP will lay off up to 6,000 employees over the next three years – the company expects to save 1.4 billion by the end of the 2025 fiscal year
The well-known PC manufacturer plans to lay off up to 6,000 employees in the next few years. The cuts are part of a broader restructuring that HP…
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…