Tag: lay

eBay plans to lay off 1,000 workers
Business

eBay plans to lay off 1,000 workers

Alex Omenye E-commerce giant eBay said on Wednesday that it intends to lay off 1,000 workers, or around 9% of its staff due to the current state of the economy. In a blog post, the company announced that it will be eliminating contract positions in the upcoming months. CEO Jamie Iannone acknowledged that although the […]

Google to lay off more staff – CEO Sundar Pichai
Tech

Google to lay off more staff – CEO Sundar Pichai

The CEO of Google, Sundar Pichai has disclosed to employees in a memo that more layoffs are anticipated this year. This comes after the layoff of over 1,000 people across several departments last week and the slashing of 100 jobs at YouTube, Pichai’s message warned the firm will have to make “tough choices” to accomplish […]

Disney subsidiary Pixar to lay off staff
News Tech

Disney subsidiary Pixar to lay off staff

The Disney-owned animation studio Pixar has acknowledged that it would be laying off employees this year. Techcrunch reports that Pixar’s staff of 1,300 will be reduced to less than 1,000 over the next several months due to massive layoffs that might reach up to 20%. Pixar claims that these figures are excessive. The studio emphasized […]

Amazon's Twitch to lay off 500 employees
Business

Amazon’s Twitch to lay off 500 employees

Amazon.com Inc.’s live streaming network, Twitch, is apparently planning a large personnel reduction, with around 35% of its workers, or approximately 500 employees, estimated to be affected. The announcement of these losses came today, Wednesday, kicking off a sequence of job cuts within the company. According to sources, this decision followed concerns over Twitch’s financial losses and […]

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