Search results
Results from the WOW.Com Content Network
U.S.-based employers announced 23,697 job cuts in July, a 42% drop from the number of layoffs announced in June and an 8% decrease from July 2022, according to a report released on Thursday by ...
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
In January 2022, the company had 73,541 global employees, so the layoffs could involve about 7,300 employees. The layoffs are expected to begin in the coming weeks. Fritz Jorgensen/istockphoto
Last year was catastrophic for employees in some industries. Companies planned 721,677 job cuts, a 98% leap from 2022, according to a report from professional outplacement firm Challenger, Gray &...
Finance and human resources software company Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%.. Workday CEO Carl Eschenbach said in a note to employees ...
Microsoft is laying off 650 employees in its Xbox games division, following previous layoffs and studio closures, Bloomberg reported.
Compare that to the roughly 7,800 tech industry layoffs seen through the first 18 days of 2024, according to data from the tech layoff tracker Layoffs.fyi, and tech companies’ problems begin to ...
Rather, the layoff will affect corporate support roles, which, combined with other non-store roles in store development, roasting, manufacturing, warehousing, and distribution operations, account ...