Layoffs

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EBay is cutting 1,000 jobs—1 of every 11 employees—as it tries to be ‘more nimble’ in a ‘challenging’ economic environment
Finance

EBay is cutting 1,000 jobs—1 of every 11 employees—as it tries to be ‘more nimble’ in a ‘challenging’ economic environment

By Spencer Soper and Bloomberg
January 24, 2024
Niraj Shah, co-founder and chief executive officer of Wayfair Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Friday, July 12, 2019. The 36th annual event gathers many of America's wealthiest and most powerful people in media, technology, and sports. Photographer: Patrick T. Fallon/Bloomberg via Getty Images
Success

Wayfair layoffs slash 13% of its workforce after CEO Niraj Shah warned staff ‘laziness isn’t rewarded’

By
January 23, 2024
Brex cofounder Henrique Dubugras
Tech

Brex, the fintech giant valued at $12.3 billion, announced it will lay off 20% of its staff

By
January 23, 2024
Warren Buffett tells Citigroup CEO to continue bank overhaul after 20,000 layoffs announced last week: Report
Finance

Warren Buffett tells Citigroup CEO to continue bank overhaul after 20,000 layoffs announced last week: Report

By Yi Wei Wong and Bloomberg
January 20, 2024
4 worrying trends in tech that are fueling Google and Amazon layoffs
Tech

4 worrying trends in tech that are fueling Google and Amazon layoffs

By
January 20, 2024
Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California.
Tech

Sundar Pichai is taking a leaf out of Mark Zuckerberg’s book and warns Google staff ‘ambitious goals’ can only be met with job cuts

By
January 18, 2024
Ex-Cloudflare employee records her firing and sparks a debate about whether it was a layoff in disguise or her fault
Finance

Ex-Cloudflare employee records her firing and sparks a debate about whether it was a layoff in disguise or her fault

By
January 12, 2024
Laid-off Big Tech workers are back on the job market. These hard truths I’ve come to learn can help them land jobs in startups
Commentary

Laid-off Big Tech workers are back on the job market. These hard truths I’ve come to learn can help them land jobs in startups

By
January 12, 2024
Tech kicks off 2024 with a layoff bender as the industry braces for yet another ‘bumpy landing’
Newsletters

Tech kicks off 2024 with a layoff bender as the industry braces for yet another ‘bumpy landing’

By
January 11, 2024
Tech world’s hopes for 2024 dashed with early wave of layoffs at Amazon, Google and Unity
Tech

Tech world’s hopes for 2024 dashed with early wave of layoffs at Amazon, Google and Unity

By Brody Ford and Bloomberg
January 11, 2024
Amazon set to lay off 35% of its staff at streaming platform Twitch, still unprofitable 9 years after its acquisition
Tech

Amazon set to lay off 35% of its staff at streaming platform Twitch, still unprofitable 9 years after its acquisition

By Cecilia D'Anastasio and Bloomberg
January 10, 2024
Larry Fink
Finance

$9 trillion Wall Street giant BlackRock to cut 600 jobs as CEO Larry Fink sees ‘industry changing faster than at any time since the founding’

By Silla Brush and Bloomberg
January 9, 2024
Stressed-looking businesswoman in front of her laptop screen
Leadership

Say goodbye to that bonus: Workers are set to take home less as companies tighten their belts

By
December 18, 2023
Employee at a General Motors facility
Success

GM to ‘rip off the Band Aid and significantly cut costs’ by laying off 1,300 workers amid its transition to EVs

By
December 15, 2023
Josh Silverman talking on stage
Retail

Etsy CEO turns to sailing metaphor to rally workers after laying off 225 just before the holidays: ‘The waters may be rough right now, but there’s no other ship I’d rather be on’

By
December 14, 2023

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