Spotify grew too quickly during the pandemic
These are the severance packages tech giants like Google, Meta and Amazon are offering to fired employees
Over 100,000 tech workers have lost their jobs since the year began
Another day, another tech company making mass layoffs
Another tech giant could be implementing mass layoffs
The big picture: We are less than a week into the new year and the tech sector is already feeling the squeeze. According to Layoffs Tracker, a whopping 29,686 tech employees across 27 companies have been let go globally so far this month. For comparison, 17,074 tech workers lost their jobs in December 2022. Put another way, there have been nearly 74 percent more job cuts in the first several days of 2023 compared to all of last month.
Some workers won't find out if they've lost their jobs for another 2 weeks
After saying no more layoffs were planned
Another tech giant is drastically reducing its headcount
Twitter locks remaining employees out of offices after hundreds leave following Elon Musk's "hardcore" ultimatum
It's chaos at Twitter
In context: Elon Musk might regret firing half of Twitter's staff after he took over the company, given reports that those who weren't laid-off have been resigning in droves. It appears the departures were prompted by Musk's recent declaration that employees must commit to a "hardcore" work culture or leave the firm by 5 pm yesterday. Now, Twitter has locked those who are left out of the company's offices, reportedly over fears of sabotage by disgruntled ex-workers.
"I take responsibility"
Lyft is preparing for a probable recession and increasing insurance costs
Musk is not a fan of remote work
The report claims Twitter is making cuts no matter who owns it
The faltering economy prompted Microsoft's "structural adjustments"
Snap discontinues Pixy drone after just four months
Company employees are safe, at least for now
Robinhood is nearly $300 million down, lays off a quarter of its staff, and gets hit with $30 million fine
The definition of a bad week
Another Web3 company is making layoffs
While Microsoft cuts jobs but increases its headcount
Not the best timing
"I'm thankful I was part of it"
The suit claims 500 workers were let go without the required 60-day notice
More bad news for the crypto industry