Following a smaller round of layoffs in August, Microsoft has laid off almost 1,000 employees today. This includes veteran employees across multiple divisions including Xbox, Azure, and more.
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Meta has admitted that it will start laying off some of its employees, and will stop hiring for the upcoming year. It will also impose stricter financial restrictions to brace for a tougher year.
Twilio has become the latest tech company to lay off employees. It's cutting around 866 jobs as it seeks to narrow down its focus. By concentrating its efforts, it hopes that it can be profitable.
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Dell is on the verge of fully exiting Russia. The company already closed all its offices in the country a few days ago and is expected to lay off all employees operating in the region soon.
Anonymous Accenture representatives have told Facebook contractors that they will have to let go of their work on the 2nd of September, with the option to reapply and no guarantee of being rehired.
Calm is the latest technology company to announce that it's laying off some of its employees. The firm decided to cut 20% of jobs after it saw a 30% decline in app downloads over the last year.
Microsoft has apparently laid off staff in its Modern Life Experiences or MLX division. The division was responsible for helping in researching and developing consumer-focused projects and products.
The cloud storage company, Dropbox, is going to lay-off 315 of its employees and it looks to grow over the coming years. The CEO said that redundancies are not a reflection on the workers.
The Tor Project, the organisation behind the Tor Browser, has announced it is laying off 13 employees as it re-evaluates its finances following the outbreak of COVID-19. It will keep 22 employees.
The company is reportedly saying goodbye to a number of its employees in a new round of layoffs. Those affected are presumed to number in the hundreds and come from various departments.
Microsoft cut 19,000 jobs in its 2015 fiscal year, and 7,400 in FY2016. Having announced an additional 1,850 lay-offs in May, it now says that a further 2,850 jobs will go over the next twelve months.
Microsoft has confirmed that a large number of employees will lose their jobs as the company further scales back its efforts in the mobile space, and it will also take a $950m 'impairment' charge.
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In Intel's earnings report today, the firm announced that it intends to lay off 12,000 employees, or 11% of its total workforce. It will also be taking a $1.2 billion restructuring charge.
According to sources inside the company, Microsoft is expected to announce a major new round of layoffs as early as today. This is likely to affect employees in the hardware divisions.
According to a new report from Japan, Sony is planning to cut approximately 1000 jobs from its smartphone division in Europe and China. This comes after consecutive quarters of losses.
IBM will go through the biggest shake-up in corporate history, with the company set to lay off a record number of employees. More than 100,000 people around the world will be affected.
Microsoft is laying off a number of people and it seems the Research arm is no exception. The robotics research team has been let go over the weekend and the project is seemingly dead for now.
Preliminary financial reports indicate Nokia has started to slowly recover but the Finnish company will be slashing another 1000 jobs, mostly in Finland, in an effort to get back to profitability.
HP is rumored to be considering a move that could cause as many as 25,000 of its employees to be laid off, or about eight percent of its total workforce, including some early retirement packages.
