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Layoffs

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Bumble joins the tech layoff trend, cutting a third of its staff after CEO shakeup as it struggles to entice new paying users to its dating apps
TechBumble joins the tech layoff trend, cutting a third of its staff after CEO shakeup as it struggles to entice new paying users to its dating apps
By Natalie Lung and BloombergFebruary 28, 2024
businessman with laptop in office, holding his temples in pain
SuccessWe haven’t been this downbeat about our jobs since the pandemic started—and tech workers are especially blue
By Chloe BergerFebruary 27, 2024
Photo of John Donahoe
RetailNike lays off more than 1,500 people as CEO says ‘I ultimately hold myself and my leadership team accountable’
By Marco Quiroz-GutierrezFebruary 16, 2024
Cisco Systems announces plan to purge 4,000 workers in second round of layoffs in two years
TechCisco Systems announces plan to purge 4,000 workers in second round of layoffs in two years
By Michael Liedtke and The Associated PressFebruary 14, 2024
It’s a dark time to be a tech worker right now
TechIt’s a dark time to be a tech worker right now
By Marco Quiroz-GutierrezFebruary 14, 2024
Instacart cuts 250 jobs, loses three C-suite execs
FinanceInstacart cuts 250 jobs, loses three C-suite execs
By Chris MorrisFebruary 14, 2024
UPS CEO Carol Tome
NewslettersAI is leading to job losses, but not in the way people feared
By Jeremy KahnFebruary 13, 2024
Paramount Global lays off 800 people the day after it saw record Super Bowl ratings
FinanceParamount Global lays off 800 people the day after it saw record Super Bowl ratings
By Chris MorrisFebruary 13, 2024
Fearing social media backlash, companies are using all kinds of euphemisms to avoid being straightforward about layoffs. ‘Jargon monoxide’
LeadershipFearing social media backlash, companies are using all kinds of euphemisms to avoid being straightforward about layoffs. ‘Jargon monoxide’
By Charlotte Hampton and BloombergFebruary 10, 2024
Layoffs
TechOver 4,000 workers have lost their jobs to AI since May, outplacement firm estimates—and that’s ‘certainly undercounting’
By Jo Constantz and BloombergFebruary 8, 2024
Tesla CEO Elon Musk
TechElon Musk reportedly quizzed Tesla managers on which staff could be fired—the last time he did that it didn’t end well for Twitter employees
By Christiaan HetznerFebruary 8, 2024
Tech valuations are at a 10-year low–but optimism should be at a 5-year high. Here’s why
CommentaryTech valuations are at a 10-year low–but optimism should be at a 5-year high. Here’s why
By Ryan HinkleFebruary 5, 2024
Two coworkers sit at a desk in an office. Both look upset.
NewslettersEmployee confidence in business hits a new low as workers stress over layoffs and hiring freezes
By Paige McGlauflin and Emma BurleighFebruary 5, 2024
Cubicle worker
FinanceThe huge tech and media layoffs are outliers: Blockbuster job growth shows certain sectors over-hired in pandemic
By Christopher Rugaber and The Associated PressFebruary 3, 2024
Mark Zuckerberg speaks during the Meta Connect event in Menlo Park.
TechMeta stock surges 20% as Mark Zuckerberg’s ‘year of efficiency’ becomes permanent: He plans to ‘keep things lean’ and slow hiring
By Marco Quiroz-GutierrezFebruary 2, 2024
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