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.
Layoff RSS
Until Dawn remake developer Ballistic Moon has seemingly laid off an unknown number of employees months ahead of the game's October release on PS5 and PC.
Netflix has reportedly reorganized its film division, separating films by genre and laying off some staff. The company is working to focus its creative efforts and cut costs amid economic uncertainty.
Apple is laying off 614 employees who were believed to have been working in California on self-driving car project. The affected employees were informed on March 28 and they will depart on May 27.
Bumble announced that it plans to eliminate over 350 jobs worldwide as part of its restructuring plan this year. The upcoming layoff represents about 37% of the dating app's global workforce.
Visual Concepts, the developer best known for the WWE and NBA 2K series, has laid off employees from teams working on all of its titles. The decision comes as the studio works on WWE 2K24.
PayPal lays off about 2,500 employees as the digital payment service faces increased competition and lower profits. CEO Alex Chriss said right-sizing is necessary to accelerate delivery and growth.
Salesforce will lay off about 700 employees, or 1% of its global workforce. The cuts come after Salesforce grew aggressively as cloud demand boomed following a pandemic-era hiring surge.
_medium.jpg)
Unity announced the layoff of 265 employees from its partnership with Weta Digital as the services agreement comes to an end. The layoffs will affect roles that support Weta FX's use of Unity tools.
The UK-based game developer and publisher confirmed it has "amicably parted ways" with its CEO Michael Pattison, as it enters into a period of consultation where as many as 50 employees are at risk
Amazon has laid off 80 employees from its Pharmacy division. The cuts are pretty small given the fact that the company has already made 27,000 people redundant over the last several months.
The new round of layoffs reportedly affected employees at Microsoft's customer service, support, and sales divisions. There's no word on how many team members were affected this time.
LinkedIn is shutting down its China-focused local jobs app called InCareer, which will result in the departure of 716 employees from the company. The operations will wind down by August this year.
Lyft is preparing to lay off more than 1,000 employees in a mission to cut costs and become profitable. This represents a 30% cut in staff numbers. Employees will hear more next Thursday.
About 100 ex-employees who were laid off while on paid leaves are writing to Google asking the company to follow their agreements and pay the rest of the due amount on their leaves.
The parent company of Rockstar Games, 2K Games, Zynga, and Private Division will lay off an unknown number of employees, mostly in its "corporate operations and label publishing" divisions.
Ericsson has sent out an internal memo announcing it'll lay off 8,500 employees worldwide. The move is part of the company's cost-cutting strategy due to slow demand for telecom equipment.
Google sent out a memo to some employees, asking them to share their desk space with other workers on days when they are not working in the office. This is being done to cut costs at the company.
Another company in the tech industry has announced a round of layoffs as GitLab, key competitor to Microsoft's GitHub, confirms that it will be reducing its team size by 7% overall.
Yahoo has joined the list of tech companies eliminating thousands of employees for strategic reasons. In an interview, Yahoo executives inform that the company is eliminating 1600 employees.
PayPal has become one of the latest firms to announce major layoffs. The payments platform says that it will let go of 2,000 employees in the coming weeks in a bid to reduce operating expenses.
Two engineers at Google revealed insights on the after-effects of the lay-offs on the existing staff at the company. They shared that losing 12,000 employees has been overwhelming for many.
Spotify is set to let go of some of its staff this week, according to a Bloomberg report. The firm joins the likes of other tech companies who also bade goodbye to a significant number of employees.
Google is the latest big tech firm to announce major layoffs following Microsoft and Amazon. The company is reducing its headcount by 12,000 and has encouraged employees to work from home today.
Microsoft CEO Satya Nadella has confirmed that the company is laying off a massive 10,000 employees starting today. The company will be offering support to those affected by the job cuts.
Microsoft is expected to lay off almost 11,000 employees today. It's unclear which divisions or regions will be affected, and according to Wall Street, the headcount reduction figure might be higher.
Amazon has massively reduced its software development job openings following the laying off of around 18,000 employees. There are still a few hundred openings but this is down around 99%.
Ever since Twitter failed to negotiate a new contract with its janitorial company, its New York office has been suffering from a toilet paper shortage and foul stench from bathrooms.
Electric car maker Tesla is apparently looking to do another wave of layoffs in the next quarter, according to a recent news report. The company also shed its headcount back in June of this year.
Twitter is facing a new lawsuit filed by two women who lost their jobs after Elon Musk took over the company. It accuses Twitter of violating laws banning workplace sex discrimination.
A letter from a UK investor claims Google's current headcount is “excessive” as compared to hiring patterns in the past. As such, the company may lay off its low-performing employees to reduce costs.
According to a recent report, Meta will announce layoffs this week. The move will impact thousands of employees and will be the biggest headcount reduction among big tech companies this year.
Twitter fired half of its staff last weekend in a move to streamline its operations and improve profitability. However, the company is now asking some of its staff to return to their positions.
Twitter has been served a lawsuit as the company prepares to lay off its employees. The suit claims that Twitter should have given its workers enough notice before laying them off.
According to a recent report, Twitter will begin laying off its employees on Friday as it looks to improve its profitability. Employees are asked to stay home while they await their fate.
Elon Musk is reportedly planning to lay off half of Twitter's workforce as a cost-cutting measure. Twitter's new boss may also give another piece of bad news for those who get to stay in the company.
The storage company Seagate has announced that it's cutting 8% of its workforce to meet the demands of the current economic downturn. This translates to 3,000 job losses globally by mid-2023.
Meta and Google have so far avoided reducing their workforce. Instead of announcing layoffs, these tech giants are restructuring their departments and asking employees to join active projects.
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.
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.
_small.jpg)
