Layoffs

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Tech world’s hopes for 2024 dashed with early wave of layoffs at Amazon, Google and Unity
Tech

Tech world’s hopes for 2024 dashed with early wave of layoffs at Amazon, Google and Unity

By Brody Ford and Bloomberg
January 11, 2024
Amazon set to lay off 35% of its staff at streaming platform Twitch, still unprofitable 9 years after its acquisition
Tech

Amazon set to lay off 35% of its staff at streaming platform Twitch, still unprofitable 9 years after its acquisition

By Cecilia D'Anastasio and Bloomberg
January 10, 2024
Larry Fink
Finance

$9 trillion Wall Street giant BlackRock to cut 600 jobs as CEO Larry Fink sees ‘industry changing faster than at any time since the founding’

By Silla Brush and Bloomberg
January 9, 2024
Stressed-looking businesswoman in front of her laptop screen
Leadership

Say goodbye to that bonus: Workers are set to take home less as companies tighten their belts

By
December 18, 2023
Employee at a General Motors facility
Success

GM to ‘rip off the Band Aid and significantly cut costs’ by laying off 1,300 workers amid its transition to EVs

By
December 15, 2023
Josh Silverman talking on stage
Retail

Etsy CEO turns to sailing metaphor to rally workers after laying off 225 just before the holidays: ‘The waters may be rough right now, but there’s no other ship I’d rather be on’

By
December 14, 2023
Bosses are using tougher performance reviews to cut workforce without layoffs because employees aren’t quitting
Leadership

Bosses are using tougher performance reviews to cut workforce without layoffs because employees aren’t quitting

By
December 13, 2023
Transformers maker Hasbro slashes 1,100 jobs ahead of holiday season as its low sales streak proves ‘more persistent than planned’
Finance

Transformers maker Hasbro slashes 1,100 jobs ahead of holiday season as its low sales streak proves ‘more persistent than planned’

By Thomas Buckley and Bloomberg
December 11, 2023
The Spotify logo is being displayed on a smartphone with a Spotify layoff icon in the background
Tech

Spotify’s CFO cashed in $9 million worth of stock after mass layoffs—now he, too, is out of a job

By
December 8, 2023
Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?
Tech

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

By
December 6, 2023
HR experts say you need to hire workers for their long-term potential and not just the current job opening: Find ‘that great business athlete’
Newsletters

HR experts say you need to hire workers for their long-term potential and not just the current job opening: Find ‘that great business athlete’

By Paige McGlauflin and Joey Abrams
December 5, 2023
Spotify CEO Daniel Ek
Tech

Spotify to slash bloated headcount by 17% after CEO Daniel Ek says staff are doing too much ‘work around the work’

By
December 4, 2023
2023 was the year middle managers cracked under the impossible mission of pleasing 2 impossible parties: Disenchanted workers and fed-up executives
Success

2023 was the year middle managers cracked under the impossible mission of pleasing 2 impossible parties: Disenchanted workers and fed-up executives

By
November 26, 2023
Sam Altman, CEO of OpenAI, speaks to members of the press outside the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC.
Newsletters

Sam Altman’s OpenAI firing—and reinstatement—challenges a common misconception about performance metrics

By Paige McGlauflin and Joey Abrams
November 22, 2023
Portrait of Carta CEO Henry Ward on red background with several Carta logos.
Finance

Exclusive: Unicorn Carta lays off another round of employees

By
November 9, 2023

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