Tag: Layoffs

Here you will find all the articles with the tag: Layoffs.

Liveblog Broadcom/VMware: CEO demands return to office

Liveblog Broadcom/VMware: CEO demands return to office

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

date5 days ago
Stack Overflow to lay off 28 percent of its staff

Stack Overflow to lay off 28 percent of its staff

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

date2 months ago
VMware employees informed of upcoming layoffs

VMware employees informed of upcoming layoffs

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

date3 months ago
LinkedIn cuts 716 jobs and discontinues InCareer app for China

LinkedIn cuts 716 jobs and discontinues InCareer app for China

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

date7 months ago
Intel’s recent cancellations: what is happening?

Intel’s recent cancellations: what is happening?

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

date8 months ago
US tech giants find it hard to lay off European workers

US tech giants find it hard to lay off European workers

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

date8 months ago
Amazon cuts another 9,000 jobs, AWS also gets hit

Amazon cuts another 9,000 jobs, AWS also gets hit

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

date9 months ago
Meta announces another round of layoffs, affecting 10,000 employees

Meta announces another round of layoffs, affecting 10,000 employees

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

date9 months ago
‘Salesforce bows to pressure from activist investors’

‘Salesforce bows to pressure from activist investors’

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

date10 months ago
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