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Layoffs have hit companies from Blue Origin to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and technological change. The list of major companies laying off staff this year ...
Here's a look at some tech companies that are still adding staff to their payroll amid layoffs. Workday The workplace management platform is laying off 1,750 employees, or 8.5% of its workforce.
The company plans to hire new employees for the roles vacated through performance-oriented attrition, FOX Business reported. Signage outside Meta headquarters in Menlo Park, California, on Feb. 1 ...
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [20] many such layoffs have been attributed to artificial intelligence, [21] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [20]
Coinbase. Coinbase said on Jan. 10, that it's cutting off 20% of its workforce, approximately 950 employees.This marked the crypto company's second major set of layoffs within the last few months ...
The tech sector has kicked off the new year with a spate of fresh job cuts that are coming at the same time as the industry is doubling down on investments into artificial intelligence.
To be sure, the layoff announcements have come in hot and heavy in recent months. To kick off February, Dell announced Monday it would cut about 5% of its workforce — or 6,000 workers — amid a ...
Tens of thousands of United States federal civil service workers have been laid off or fired since the start of the second presidency of Donald Trump.The Trump administration has called this an effort to reduce federal expenditures, shrink the federal payroll, reduce the ability of the government to regulate industry, reduce the role of government in U.S. society, and increase the power of the ...