The former Sony Europe president did not see corporate job cuts as driven by greed. He also suggested that laid-off developers "drive Uber" or find a "cheap place to live" for a while.
Lay offs RSS
Spotify has decided to layoff 17% or about 1,500 of its employees. The company is trying to cut costs and adjust for a period of slower growth. The decision was announced in an internal memo.
Ireland's Taoiseach has raised concerns about the way Twitter is firing its employees. It comes as the social media firm, now owned by Elon Musk, decided to cut about 50% of its workforce.
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.
Seagate has ended its most recent financial quarter on a high note with the company beating its own revenue and profit expectations. But it also announced it will lay off 6,500 workers.
