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Tag: lays

Tech

Wattpad lays off staff in restructuring move 

Toronto-based storytelling platform, Wattpad owned by Naver’s Webtoon Entertainment, underwent a recent workforce reduction, cutting approximately 15% of its staff, or around 30 jobs, TechCrunch reported. This move, part of the company’s restructuring plan, aims to trim costs as its LA-based parent company prepares for a potential initial public offering in the U.S. by 2025. […]

Microsoft lays off 1,900 staff from gaming division
Tech

Microsoft lays off 1,900 staff from gaming division

Microsoft said on Thursday that the company will be laying off 1,900 staff from Activision Blizzard and Xbox this week. The majority of the layoffs, which amount to around 8% of the whole Microsoft Gaming division, will be made at Activision Blizzard. Along with the departure of Chief Design Officer Allen Adham and Blizzard President […]

Amazon, OnlyFans founder express interest as TikTok sale deadline nears
Tech

TikTok lays off 60 staff

TikTok has recently undergone a workforce reduction of approximately 60 positions, primarily in sales and advertising, marking the latest instance of a tech company implementing layoffs in a challenging January. Despite facing congressional scrutiny due to its Chinese parent company, TikTok, headquartered in Los Angeles and Singapore, maintains its status as the leading app on […]

Google’s Gemini AI gains memory recall feature for conversations
Tech

Alphabet’s X lab lays off staff

Alphabet’s division dedicated to developing new technologies is letting go of dozens of employees, Bloomberg News reported on Monday. X Lab is restructuring its organizational structure to facilitate the easier spin-out of its projects from the division with backing from Alphabet and other investors. Support staff members were the primary targets of the layoffs. “X […]

SolarEdge technologies lays off 16% of workforce
Tech

SolarEdge technologies lays off 16% of workforce

In an effort to lower operational expenses, SolarEdge Technologies said on Sunday that it will be laying off around 16% of its global personnel. This cut, which would impact about 900 workers, comes after the company terminated its light commercial vehicle e-mobility business, stopped manufacturing in Mexico, and reduced its manufacturing capacity in China. “We […]

Amazon plans stand-alone app for payments in India
Tech

Amazon lays off staff from Buy with Prime division

Amazon on Thursday, announced that it is letting go of less than 5% of its workforce at its Buy with Prime division. Buy with Prime, which debuted in 2022, provides fulfilment and shipping services via its logistics network to businesses that aren’t Amazon merchants. The division is still a high priority, according to Amazon, which […]

US DOJ urges Google to sell ad tools over antitrust concerns
News Tech

Google lays off hundreds from sales team

Google on Tuesday announced that the company is letting go of hundreds of staff in its advertising sales team. The layoff of the advertising team is the latest job cut in the tech giant. Google said last week that it will be laying off a number of staff members from its augmented reality team, hardware […]

Amazon lays off staff at Audible
News Tech

Amazon lays off staff at Audible

Amazon is cutting off 5% of the personnel at Audible, Business Insider reported on Thursday, citing a message by the president of the audiobook and podcast division. Amazon acquired the audiobook provider Audible in 2008 for around $300 million. The revelation comes as internet giants continue to drastically reduce employment, with several extending their layoffs […]

Online community platform Discord lays off staff
News Tech

Online community platform Discord lays off staff

Online community network, Discord, is letting go of 170 employees, or 17% of its workforce. Discord CEO Jason Citron laid the blame for recent layoffs on overhiring in an internal document that was acquired by The Verge. This is in line with other tech CEOs’ justifications. On Thursday, the layoffs were disclosed at an all-hands […]

Google’s Gemini AI gains memory recall feature for conversations
News Tech

Google lays off engineering workers

Google on Wednesday announced the layoff of hundreds of workers from a variety of departments, including services and engineering. The divisions that are impacted include the Devices and Services PA team, which oversees Pixel, Nest, and Fitbit hardware, and the voice-activated Google Assistant, which is a part of the knowledge and information product team restructure. […]

Amazon Prime Video lays off workers
News Tech

Amazon Prime Video lays off workers

Days after Twitch laid off workers, Amazon is cutting back on Prime Video and MGM Studios, laying off “several hundreds” of workers, according to The Information. By the end of this week, Amazon will have notified most other locations and has started notifying the impacted workers in the United States. Packages comprising separation money, transitional […]

HP acquires Humane’s assets for $116m, AI pin sales discontinued
News Tech

Humane lays off 4% staff before launch of AI pins

Hardware company, Humane, has declared that it would be laying off 10 workers, or 4% of its total staff. “As we begin this new chapter of Humane, going from stealth to customer facing, we are making some changes to best prepare us for continued growth,” CEO and co-founder Bethany Bongiorno wrote in a LinkedIn post. […]

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