Tech layoffs
Intel Announces Layoffs After Paying $1.5 Billion in Dividends
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Despite experiencing a 36% annual drop in revenue and reporting a loss of four cents per share, Intel went onto offer a hefty $1.5 billion…
Social Audio App Clubhouse is Laying Off More Than Half of its Workforce
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Clubhouse attracted massive user and investor attention towards the start of the COVID-19 pandemic but has since noticed a significant drop in users Remember Clubhouse?…
Google Workers in London Stage Walkout Over Massive Layoffs
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Staged at Google’s London office, the walkout included hundreds of Google employees who claimed that the company has ignored employee concerns On Tuesday, hundreds of…
Elon Musk Values Twitter at $20 Billion After Buying it For $44 Billion
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The $20 billion valuation was announced by Twitter CEO Musk in an internal memo, where he also announced stock grants at the same valuation Twitter…
Zoom Fires President ‘Greg Tomb’ Without Cause
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Greg Tomb took up his position as the president in June 2022 and has been active on earnings calls and handling sales Video conferencing platform…
Twitter Lays Off Around 200 Employees in Latest Cutoffs
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The 200 fired employees amount to around 10 percent of the total workforce that’s left after the previous layoffs announced by Elon Musk Social media…
Elon Musk Shuts Down Two Out of Three Twitter Offices in India
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Just last year, the new Twitter CEO fired almost 90% of Twitter Staff working in India, thus the shut down of the offices was already…
Google Lays Off 453 employees From its Indian Offices
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The sacked employees received an email from Alphabet and Google CEO Sundar Pichai, who said that he takes “full responsibility for the decisions that led…
Here’s How Apple is Avoiding Mass Layoffs Amidst the Tech Slowdown
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While other tech giants such as Meta, Microsoft and Google fired thousands of employees, Apple hasn’t given into the pressure, but why though? Entering into…
eBay to Fire Over 500 Employees in Latest Tech Layoffs
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Amounting to almost 4% of the e-commerce company, the 500 employee layoff gives eBay additional space to invest and create new roles in high-potential areas…
Zoom Fires Over 1300 Employees as Pandemic Growth Spike Comes to a Stop
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These 1300 employees amount for around 15% of Zoom’s 6,700+ workforce One of tech’s most blasting successes, Zoom became a household name just weeks after…
Dell to Fire Over 6500 Employees in Latest Tech Layoffs
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Amounting for 5% of the company’s total workforce, the 6500+ employees are being fired from different areas of Dell’s global infrastructure Dell Technologies, one of…
PayPal to Fire Over 2000 Employees for Cutting Costs
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Amounting to 7% of PayPal’s total workforce, these employees were fired as a plan to counter the “challenging macroeconomic environment” PayPal on Tuesday announced that…
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