Here you will find all the articles with the tag: Layoffs.
For the second time this year, Google is laying off a large number of employees. The round of layoffs mainly affects the finance and real estate departments of Alphabet, Google's parent company. The layoffs follow an earlier major round of layoffs this year. Last year, Google and other Alphabet ... Read more
5 days ago
In this blog, Techzine reports on the latest developments surrounding VMware's acquisition of Broadcom. April 16 - The European Commission has inquired about Broadcom's heavily modified VMware licences. This shows that Brussels is heeding the call by CIO organisations (see 29 March). A spokesper... Read more
7 days ago
AWS is laying off hundreds of employees active in sales, marketing and services. It says the round of layoffs is to streamline its operations, but experts argue that a disappointing growth figure relative to competitors is the real motive. SVP Matt Garman argues that AWS does not make such decis... Read more
19 days ago
Dell Technologies has reduced its own workforce by 13,000 over the past year. This is made evident by the figures it sent in an SEC filing. A further reduction seems likely, despite Dell expecting the coming year to be much more positive for PC sales than 2023 was. Last February, Dell announced ... Read more
26 days ago
Last week, Amsterdam-based tech company Bird laid off 90 employees within the space of just seven minutes. By using AI, the remaining 80 percent of the workforce would still be able to get things done just as efficiently as before. Major layoffs have become commonplace within the tech industry over... Read more
1 month ago
In an internal memo, Google CEO Sundar Pichai warns his employees that there will be more rounds of layoffs this year. Google says it wants to invest in certain key priorities, and that involves tough decisions, writes The Verge. According to The Verge, Pichai announced in an internal memo to em... Read more
3 months ago
Nokia has lowered the bar for its profit forecast from its sales until 2026. This is the result of the recent loss of telecom operator AT&T as a customer. However, the network giant did announce that it had won Deutsche Telekom as a new customer. Nokia adjusted its profit forecast from its s... Read more
4 months ago
Stack Overflow is going to lay off 28 percent of its staff. The platform is struggling with profitability, as the news also brings to mind challenges posed by the rise of generative AI tools. The announced mass layoff at Stack Overflow is notable because the community platform for developers was... Read more
6 months ago
During an internal meeting, VMware management informed its employees of upcoming layoffs. It is not ruled out that some may have to leave even before the acquisition by Broadcom is fully complete. Broadcom will take control of VMware at the end of October. This brings intern changes to the soft... Read more
7 months ago
The chief analyst at SemiAnalysis, Dylan Patel, tweeted over the weekend that the client computing and data center business units will see their budgets cut by approximately 10%, leading to significant workforce reductions. Both divisions could lay off up to a fifth of their respective workforces. ... Read more
12 months ago
