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Events Newsletters

layoff

Goldman Sachs CEO David Solomon

Goldman Sachs Begins Cutting 3,200 Jobs in its Largest Layoffs Since the Financial Crisis

Goldman Sachs plans to lay off up to 3,200 employees, or 7 percent of its workforce, starting this week. About a third of the cut will come from its trading and banking units.
By Sissi Cao
Salesforce

Salesforce Will Lay Off Nearly 8,000 Employees as Its Software Business Slows

Salesforce said it over-hired during the pandemic and now needs to cut 10 percent of headcount amid slowing software sales.
By Sissi Cao
Micron Technology, Inc.

Despite Billions in Federal Subsidies, Chipmakers Are Laying Off Thousands of Workers

Micron, a major manufacturer of personal computer chips, is laying off nearly 5,000 workers and canceling 2023 bonuses.
By Sissi Cao
Twitter shutdown

Twitter Faces System-Wide Outages After Elon Musk Ousted 90% of its Engineers

By Sissi Cao
Salesforce

Tech Layoffs Are Spreading to Salesforce, a Potential Warning Sign About the Economy

By Sissi Cao
Mark Zuckerberg looks down in front of a dark background.

Mark Zuckerberg Says Meta Will Lay off 11,000 Employees, 13% of its Workforce

By Rachyl Jones
Meta employees smile for a photo in front of the Meta logo.

Meta Is Expected to Lay Off Thousands This Week

By Rachyl Jones

After Firing Twitter’s CEO, Elon Musk Is Consulting Friends and Investors About the Site’s Future

By Sissi Cao
Twitter Elon Musk merger

Elon Musk Reportedly Plans to Lay Off 75% Twitter’s Workforce After His Purchase

By Sissi Cao

Google CEO Sundar Pichai Hints At Layoffs, Citing Advertising Revenue Slumps

By Sissi Cao
A Bed Bath & Beyond store is seen on June 29, 2022 in Miami,

Bed Bath & Beyond Announces Store Closures and Layoffs as Meme Stock Bubble Pops

By Sissi Cao
CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party in Austin, Texas, on April 7, 2022

Tech Workers Are Disillusioned With Elon Musk, and That Means Trouble for SpaceX and Tesla

By Sissi Cao

Tesla Will Lay Off 10,000 Workers Because Elon Musk Has a ‘Super Bad Feeling’ About the Economy

By Sissi Cao
A sign in front of a Google office

Tech Companies Are Scrambling to Downsize While the Rest of Economy Is Overheating

By Sissi Cao

Leadership Experts on What CEOs Can Learn From Better.com’s Zoom Layoff Disaster

By Sissi Cao

Better.com CEO Apologizes to Remaining Staff After Zoom Firing Spree

By Sissi Cao

With Cases Spiking, Second Wave of Coronavirus Layoffs Hit Large Banks, Airlines

By Sissi Cao

Coronavirus Layoffs Rock Silicon Valley’s ‘Best Tech Companies to Work At’

By Sissi Cao
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