Tag: layoffs
Uber cuts 15 percent of Postmates’ workforce
Now that Uber owns Postmates, it’s apparently ready to cut workers it believes are superfluous. Uber has confirmed to the New York Times that it’s laying off about 185 people at Postmates, or about 15 percent of the delivery company’s staff. Most of… Source
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As IBM shifts to hybrid cloud, reports have them laying off 10,000 in EU
As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. This comes on the heels of last month’s announcement that the organization will be spinning out its infrastructure services business next year. While IBM wouldn’t confirm the…
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LinkedIn will cut nearly 1,000 jobs as pandemic slows global hiring
LinkedIn has announced it will lay off around six percent of its workforce, in part due to a coronavirus-related worldwide hiring slowdown. The Microsoft-owned company is cutting about 960 jobs from its global sales and talent acquisition teams.“[Lin… Source
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Sonos will lay off 12 percent of its workforce due to COVID-19
Sonos is the latest company to announce layoffs due to the COVID-19 pandemic. It plans to eliminate 12 percent of its global headcount and close its New York retail store and six satellite offices. The company outlined these plans in a filing with th… Source
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Equity Monday: Tech’s stance on change, two funding rounds and fintech layoffs
Good morning and welcome back to TechCrunch’s Equity Monday, a brief jumpstart for your week. A big thanks to start to the whole Equity crew for doing a stellar job last week with the show while I was on vacation, especially to Danny for taking on this particular installment of the…
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Microsoft cuts dozens of staff as it shifts to AI for MSN news stories
Workforce automation is about to cost dozens of news contractors their jobs. The Seattle Times and The Guardian report that Microsoft is letting go of dozens of news contractors (about 50 in the US, 27 in the UK) after June 30th due to a shift to AI… Source
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