Here you will find all the articles with the tag: Layoffs.
In this blog, Techzine reports on the latest developments surrounding VMware's acquisition of Broadcom. December 3 - Broadcom CEO Hock Tan has let VMware employees know they now have to return to their offices if they live anywhere near one. This is based on a report by Fortune. Earlier, VMware ... Read more
5 days 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
2 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
3 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
7 months ago
LinkedIn CEO Ryan Roslanky has announced that the company will cut 716 jobs. It is also discontinuing InCareer, an app aimed at the Chinese market. In a letter, LinkedIn's top executive says it is making the decisions because of "fierce competition and a challenging macroeconomic environment." R... Read more
7 months ago
Curious eyes have shifted their focus toward Intel amid the numerous cancellations and withdrawals the company announced in the past month. Among these were the tech giant’s Thunder Bay Hybrid SoC, GPU SKUs intended for data centers, and the Rialto Bridge and Lancaster Sound GPU lines. We reac... Read more
8 months ago
The American policy of "hire and fire" is simply not allowed under some European labour laws. After announcing massive rounds of layoffs, US tech companies like Amazon and Google are struggling to reduce staff in places like Germany and France, according to Bloomberg. In the highly volatile U... Read more
8 months ago
Amazon is going to cut another 9,000 jobs. The round of layoffs should ensure cost savings in the long term. This time Amazon will also cut jobs at AWS. The new round of layoffs follows an earlier round announced early this year. Back then, it involved 18,000 jobs and was caused by difficult mac... Read more
9 months ago
Meta has announced a new round of layoffs due to restructuring. As a result, about 10,000 employees of the social media giant will be laid off. Five thousand open jobs will also remain unfilled for the time being. The new round of layoffs is a follow-up to the employee reduction announced four m... Read more
9 months ago
The CRM giant is implementing strict new policies for employees across the board. Salesforce is reacting to pressure from activist investors by cutting costs, according to an article on TechCrunch. For starters, the company is implementing much stricter performance measurements for engineering.... Read more
10 months ago
